Stifel Canada Comments on Russel Metals FY2026 Earnings

Russel Metals Inc. (TSE:RUS) – Stifel Canada issued their FY2026 EPS estimates for shares of Russel Metals in a report released on Thursday, November 21st. Stifel Canada analyst I. Gillies anticipates that the company will post earnings per share of $4.14 for the year.

A number of other research analysts also recently issued reports on the stock. National Bankshares reduced their target price on shares of Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Royal Bank of Canada raised their price target on Russel Metals from C$43.00 to C$45.00 in a research report on Friday, November 8th. Stifel Nicolaus increased their target price on Russel Metals from C$54.50 to C$57.00 in a research note on Friday. TD Securities raised their target price on Russel Metals from C$46.00 to C$50.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Finally, Raymond James upped their price target on Russel Metals from C$50.00 to C$56.00 in a research note on Wednesday, November 13th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$49.64.

Russel Metals Stock Performance

Shares of Russel Metals stock opened at C$43.80 on Monday. The company has a debt-to-equity ratio of 16.88, a current ratio of 3.85 and a quick ratio of 1.44. The firm has a 50 day simple moving average of C$40.92 and a 200 day simple moving average of C$38.97. Russel Metals has a fifty-two week low of C$35.20 and a fifty-two week high of C$47.39. The firm has a market cap of C$2.57 billion, a P/E ratio of 12.77, a P/E/G ratio of 0.59 and a beta of 1.52.

Russel Metals (TSE:RUS) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.59 EPS for the quarter, missing analysts’ consensus estimates of C$0.61 by C($0.02). Russel Metals had a return on equity of 12.67% and a net margin of 4.87%. The business had revenue of C$1.09 billion for the quarter, compared to the consensus estimate of C$1.06 billion.

Russel Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 16th will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.84%. Russel Metals’s dividend payout ratio (DPR) is 48.98%.

Russel Metals Company Profile

Russel Metals Inc operates as a metal distribution and processing company in Canada and the United States. It operates in three segments: Metals Service Centers, Energy Field Stores, and Steel Distribution. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular, stainless steel, aluminum, and other non-ferrous specialty metal products.