Russel Metals Inc. (TSE:RUS – Free Report) – Stock analysts at National Bank Financial lifted their Q2 2025 EPS estimates for Russel Metals in a report released on Wednesday, May 7th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings per share of $1.09 for the quarter, up from their previous forecast of $1.08. National Bank Financial also issued estimates for Russel Metals’ FY2025 earnings at $3.90 EPS and FY2026 earnings at $4.25 EPS.
Several other equities research analysts also recently issued reports on RUS. Stifel Nicolaus dropped their target price on Russel Metals from C$54.00 to C$53.00 and set a “buy” rating on the stock in a research report on Thursday, May 8th. TD Securities increased their price objective on Russel Metals from C$50.00 to C$52.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Finally, National Bankshares reduced their target price on Russel Metals from C$58.00 to C$55.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th.
Russel Metals Stock Up 1.4%
RUS opened at C$41.78 on Monday. Russel Metals has a 12 month low of C$34.62 and a 12 month high of C$46.87. The company has a market cap of C$2.39 billion, a PE ratio of 13.46, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. The company has a current ratio of 3.37, a quick ratio of 1.44 and a debt-to-equity ratio of 20.28. The company has a 50 day moving average of C$39.10 and a 200 day moving average of C$41.07.
Russel Metals Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 16th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.72 annualized dividend and a dividend yield of 4.12%. This is a boost from Russel Metals’s previous quarterly dividend of $0.42. Russel Metals’s dividend payout ratio (DPR) is 54.12%.
Insider Transactions at Russel Metals
In related news, Director Brian Robie Hedges sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of C$42.32, for a total value of C$211,600.00. 0.85% of the stock is currently owned by insiders.
About Russel Metals
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users.
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