Q1 EPS Estimates for Russel Metals Cut by Raymond James

Russel Metals Inc. (TSE:RUS) – Investment analysts at Raymond James reduced their Q1 2025 EPS estimates for shares of Russel Metals in a research report issued to clients and investors on Thursday, February 13th. Raymond James analyst F. Bastien now anticipates that the company will post earnings of $0.55 per share for the quarter, down from their prior forecast of $0.69. Raymond James also issued estimates for Russel Metals’ Q2 2025 earnings at $0.96 EPS, Q3 2025 earnings at $1.37 EPS, Q4 2025 earnings at $1.13 EPS, Q4 2025 earnings at $1.13 EPS and FY2025 earnings at $4.00 EPS.

Other research analysts have also issued research reports about the stock. Stifel Nicolaus upped their price target on shares of Russel Metals from C$55.50 to C$60.00 in a research note on Friday, February 14th. TD Securities increased their price target on shares of Russel Metals from C$50.00 to C$52.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Royal Bank of Canada upgraded shares of Russel Metals from a “sector perform” rating to an “outperform” rating and boosted their target price 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. According to MarketBeat, Russel Metals has an average rating of “Moderate Buy” and an average price target of C$51.21.

Russel Metals Stock Performance

Shares of 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 stock has a fifty day moving average price of C$41.94 and a 200-day moving average price of C$40.85. 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 firm has a market cap of C$2.42 billion, a PE ratio of 13.60, a P/E/G ratio of 0.59 and a beta of 1.52.

Russel Metals Announces Dividend

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

Russel Metals Company Profile

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.