Russel Metals (TSE:RUS) Stock Passes Above 200 Day Moving Average – Time to Sell?

Posted by Brenda Bartman on Aug 8th, 2026

Russel Metals Inc. (TSE:RUS – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$55.45 and traded as high as C$70.74. Russel Metals shares last traded at C$70.25, with a volume of 107,832 shares changing hands.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. National Bank Financial boosted their price target on shares of Russel Metals from C$52.00 to C$57.00 and gave the stock a “sector perform” rating in a research report on Monday, July 13th. Royal Bank Of Canada increased their price objective on shares of Russel Metals from C$63.00 to C$68.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 30th. Raymond James Financial lifted their target price on shares of Russel Metals from C$65.00 to C$70.00 in a research note on Friday, June 5th. BMO Capital Markets upped their price target on shares of Russel Metals from C$51.00 to C$56.00 in a research report on Wednesday, May 6th. Finally, Stifel Nicolaus increased their price target on Russel Metals from C$49.00 to C$58.50 and gave the stock a “hold” rating in a report on Thursday, May 7th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Russel Metals has an average rating of “Moderate Buy” and an average price target of C$61.17.

Check Out Our Latest Report on RUS

Russel Metals Price Performance

The stock has a market capitalization of C$4.45 billion, a P/E ratio of 22.74, a PEG ratio of 0.59 and a beta of 1.21. The business has a fifty day simple moving average of C$64.91 and a 200-day simple moving average of C$55.63. The company has a debt-to-equity ratio of 29.50, a quick ratio of 1.44 and a current ratio of 2.86.

Russel Metals (TSE:RUS – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$1.63 EPS for the quarter. The company had revenue of C$1.66 billion during the quarter. Russel Metals had a net margin of 4.04% and a return on equity of 12.22%.

Russel Metals Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 15th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Thursday, May 28th. Russel Metals’s dividend payout ratio (DPR) is presently 48.31%.

Insider Activity at Russel Metals

In other Russel Metals news, Director Brian Robie Hedges sold 10,000 shares of Russel Metals stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of C$63.25, for a total value of C$632,500.00. Also, insider Martin Leb Juravsky sold 5,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of C$63.28, for a total transaction of C$316,400.00. Following the transaction, the insider owned 12,356 shares in the company, valued at C$781,887.68. This represents a 28.81% decrease in their position. In the last ninety days, insiders sold 63,735 shares of company stock valued at $3,849,245. 0.85% of the stock is currently owned by company insiders.

Russel Metals Company Profile

(Get Free Report)

Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.