Should I buy or sell Russel Metals stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Russel Metals in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" RUSMF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RUSMF, but not buy additional shares or sell existing shares. View RUSMF analyst ratings or view top-rated stocks .

What is Russel Metals' stock price target for 2024?

1 brokers have issued twelve-month target prices for Russel Metals' stock. Their RUSMF share price targets range from $26.00 to $37.00. On average, they anticipate the company's share price to reach $31.45 in the next year. This suggests a possible upside of 10.5% from the stock's current price. View analysts price targets for RUSMF or view top-rated stocks among Wall Street analysts .

How have RUSMF shares performed in 2024?

Russel Metals' stock was trading at $34.31 at the beginning of the year. Since then, RUSMF stock has decreased by 17.1% and is now trading at $28.46. View the best growth stocks for 2024 here .

Are investors shorting Russel Metals?

Russel Metals saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 234,700 shares, a decline of 26.8% from the March 15th total of 320,500 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 1,173.5 days. View Russel Metals' Short Interest .

Is Russel Metals a good dividend stock?

Russel Metals (OTCMKTS:RUSMF) pays an annual dividend of $1.43 per share and currently has a dividend yield of 7.30%. RUSMF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 82.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

How do I buy shares of Russel Metals?

Shares of RUSMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:RUSMF

Russel Metals (RUSMF) Stock Price, News & Analysis

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$28.46

0.00 (0.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: $28.46
▼
$28.46
50-Day Range: $28.46
▼
$35.00
52-Week Range: $23.47
▼
$35.00

Volume: N/A
Average Volume: 1,402 shs
Market Capitalization: N/A

P/E Ratio: 16.41
Dividend Yield: 5.02%
Price Target: $31.45

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

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Russel Metals MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 10.5% Upside
$31.45 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.39
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.99 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Russel Metals has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Russel Metals has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Russel Metals has a short interest ratio ("days to cover") of 1173.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Russel Metals has recently decreased by 26.77%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Russel Metals is a leading dividend payer. It pays a dividend yield of 7.30%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Russel Metals does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Russel Metals is 82.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RUSMF.

1.9

News and Social Media Coverage

News Sentiment
Russel Metals has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Russel Metals this week, compared to 0 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Russel Metals insiders have not sold or bought any company stock.
Percentage Held by Institutions
42.68% of the stock of Russel Metals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Russel Metals is 16.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Russel Metals is 16.41, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 392.86.

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About Russel Metals Stock (OTCMKTS:RUSMF)

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. The Energy Field Stores segment offers specialized products, such as flanges, valves, fittings, and other products to energy industry. The Steel Distributors segment sells steel products to other steel service centers and equipment manufacturers, which include carbon steel plate, flat rolled products, beams, channels, and pipes. Russel Metals Inc. was incorporated in 1929 and is headquartered in Mississauga, Canada.

RUSMF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RUSMF Stock News Headlines

April 16, 2024 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Russel Metals (OtherRUSMF), Snap-on (SNA) and Element Fleet Management (OtherELEEF)

April 15, 2024 | finance.yahoo.com

Russel Metals Provides an Update on its Transaction with Samuel, Son & Co., Limited

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April 15, 2024 | wsj.com

Metals Prices Jump on Russia Sanctions

April 12, 2024 | msn.com

U.S., U.K. to Ban Exchanges From Dealing in Russian Metals

April 2, 2024 | prnewswire.com

NOTICE - RUSSEL METALS 2024 FIRST QUARTER RESULTS CONFERENCE CALL

March 8, 2024 | msn.com

The Reason Behind Kurt Russell’s Decision to Decline Metal Gear Solid Post-Escape From New York

March 2, 2024 | finance.yahoo.com

Russel Metals Inc.'s (TSE:RUS) Intrinsic Value Is Potentially 28% Above Its Share Price

April 20, 2024 | Banyan Hill Publishing (Ad)

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started

February 10, 2024 | finance.yahoo.com

Russel Metals Full Year 2023 Earnings: EPS Beats Expectations

February 8, 2024 | msn.com

Russel Metals declares CAD 0.40 dividend

February 8, 2024 | finance.yahoo.com

Russel Metals Announces 2023 Annual & Fourth Quarter Results

February 5, 2024 | msn.com

The Real Reason Kurt Russell Never Voiced Solid Snake In Metal Gear Solid

December 29, 2023 | morningstar.com

Russel Metals Inc RUSMF

December 21, 2023 | markets.businessinsider.com

RBC Capital Reaffirms Their Hold Rating on Russel Metals (RUSMF)

December 16, 2023 | msn.com

Russel Metals (RUSMF) Price Target Increased by 8.65% to 34.43

December 12, 2023 | finance.yahoo.com

Russel Metals' (TSE:RUS) investors will be pleased with their stellar 173% return over the last five years

December 4, 2023 | ca.finance.yahoo.com

Russel Metals buying seven service centres from Samuel, Son & Co. Ltd. for $225M

December 4, 2023 | finance.yahoo.com

Russel Metals to Acquire Seven Service Centers in Western Canada and the US NE from Samuel, Son & Co., Limited

November 25, 2023 | finance.yahoo.com

Here's What We Like About Russel Metals' (TSE:RUS) Upcoming Dividend

November 7, 2023 | msn.com

Reach Into Your Refrigerator To Easily Clean Rust Off Metal

November 7, 2023 | markets.businessinsider.com

What Wall Street expects from Russel Metals's earnings

November 7, 2023 | markets.businessinsider.com

Analysts Are Neutral on Top Materials Stocks: Russel Metals (RUSMF), GrafTech International (EAF)

September 24, 2023 | mirror.co.uk

Russell Brand first dated wife Laura when she was 19 after her sister introduced them

September 20, 2023 | theglobeandmail.com

Bullish on Russel Metals Inc.

September 18, 2023 | markets.businessinsider.com

Russel Metals (RUSMF) Receives a Buy from Stifel Nicolaus

September 18, 2023 | finance.yahoo.com

A Look At The Fair Value Of Russel Metals Inc. (TSE:RUS)

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Industrials
Industry: Industrial Distribution
Sub-Industry: N/A
Current Symbol: OTCMKTS:RUSMF
CUSIP: N/A
CIK: N/A
Web: www.russelmetals.com
Phone: (905) 819-7777
Fax: N/A
Employees: 3,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $31.45
High Stock Price Target: $37.00
Low Stock Price Target: $26.00
Potential Upside/Downside: +10.5%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 16.41
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. John Gregory Reid (Age 54)
CEO, President & Director
Comp: $5.48M
Mr. Martin Leb Juravsky B.Comm.(Hon) (Age 60)
C.A., M.B.A., Executive VP, CFO & Secretary
Comp: $1.5M
Ms. Lesley M. S. Coleman
VP, Controller & Assistant Secretary
Catherine Milne
Vice President, Human Resources

Key Competitors

View All Competitors

RUSMF Stock Analysis - Frequently Asked Questions

Should I buy or sell Russel Metals stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Russel Metals in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" RUSMF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RUSMF, but not buy additional shares or sell existing shares.
View RUSMF analyst ratings or view top-rated stocks.
What is Russel Metals' stock price target for 2024?: 1 brokers have issued twelve-month target prices for Russel Metals' stock. Their RUSMF share price targets range from $26.00 to $37.00. On average, they anticipate the company's share price to reach $31.45 in the next year. This suggests a possible upside of 10.5% from the stock's current price.
View analysts price targets for RUSMF or view top-rated stocks among Wall Street analysts.
How have RUSMF shares performed in 2024?: Russel Metals' stock was trading at $34.31 at the beginning of the year. Since then, RUSMF stock has decreased by 17.1% and is now trading at $28.46.
View the best growth stocks for 2024 here.
Are investors shorting Russel Metals?: Russel Metals saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 234,700 shares, a decline of 26.8% from the March 15th total of 320,500 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 1,173.5 days.
View Russel Metals' Short Interest.

Is Russel Metals a good dividend stock?: Russel Metals (OTCMKTS:RUSMF) pays an annual dividend of $1.43 per share and currently has a dividend yield of 7.30%. RUSMF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 82.43%. Payout ratios above 75% are not desirable because they may not be sustainable.
How do I buy shares of Russel Metals?: Shares of RUSMF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:RUSMF) was last updated on 4/20/2024 by MarketBeat.com Staff

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