Stifel Canada Increases Earnings Estimates for Russel Metals

Russel Metals Inc. (TSE:RUS) – Stock analysts at Stifel Canada lifted their Q1 2026 EPS estimates for Russel Metals in a report released on Thursday, February 13th. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of $1.07 for the quarter, up from their previous forecast of $1.02. Stifel Canada also issued estimates for Russel Metals’ Q1 2026 earnings at $1.07 EPS, Q2 2026 earnings at $1.21 EPS, Q2 2026 earnings at $1.21 EPS, Q3 2026 earnings at $1.16 EPS, Q3 2026 earnings at $1.16 EPS, Q4 2026 earnings at $0.95 EPS and Q4 2026 earnings at $0.95 EPS.

Several other equities research analysts also recently issued reports on the company. Raymond James increased their target price on Russel Metals from C$50.00 to C$56.00 in a research report on Wednesday, November 13th. Stifel Nicolaus raised their target price on Russel Metals from C$55.50 to C$60.00 in a research note on Friday, February 14th. TD Securities upped their price target on Russel Metals from C$50.00 to C$52.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Royal Bank of Canada upgraded shares of Russel Metals from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from C$45.00 to C$51.00 in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Russel Metals has a consensus rating of “Moderate Buy” and a consensus target price of C$51.21.

Russel Metals Stock Down 1.4 %

RUS opened at C$42.23 on Monday. Russel Metals has a 12 month low of C$35.20 and a 12 month high of C$46.87. The company has a market cap of C$2.42 billion, a PE ratio of 13.60, 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$41.94 and a 200 day moving average of C$40.85.

Russel Metals Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 17th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.98%. Russel Metals’s dividend payout ratio (DPR) is presently 54.12%.

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.