Raymond James Forecasts Russel Metals’ Q4 Earnings (TSE:RUS)

Russel Metals Inc. (TSE:RUS) – Raymond James raised their Q4 2025 EPS estimates for Russel Metals in a report issued on Wednesday, November 13th. Raymond James analyst F. Bastien now anticipates that the company will post earnings per share of $0.91 for the quarter, up from their prior forecast of $0.86.

A number of other research firms also recently issued reports on RUS. BMO Capital Markets dropped their target price on shares of Russel Metals from C$46.00 to C$45.00 in a research report on Wednesday, July 24th. National Bankshares dropped their price objective on shares of Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. Stifel Nicolaus lifted their target price on shares of Russel Metals from C$53.00 to C$54.50 in a report on Wednesday, November 13th. TD Securities increased their price target on Russel Metals from C$46.00 to C$50.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Finally, Royal Bank of Canada boosted their price objective on Russel Metals from C$43.00 to C$45.00 in a research note on Friday, November 8th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of C$49.29.

Russel Metals Stock Performance

Shares of TSE:RUS opened at C$42.82 on Monday. The firm has a market capitalization of C$2.51 billion, a PE ratio of 12.48, a P/E/G ratio of 0.59 and a beta of 1.52. Russel Metals has a 12 month low of C$35.20 and a 12 month high of C$47.39. 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 business has a 50-day moving average of C$40.23 and a two-hundred day moving average of C$38.82.

Russel Metals (TSE:RUS) last issued its earnings results on Wednesday, November 6th. The company reported C$0.59 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of C$1.09 billion during the quarter, compared to analysts’ expectations of C$1.06 billion.

Russel Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 16th will be paid a dividend of $0.42 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.68 annualized dividend and a dividend yield of 3.92%. Russel Metals’s dividend payout ratio is presently 48.98%.

About Russel Metals

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.