Should I buy or sell Russel Metals stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Russel Metals in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RUS shares. View RUS analyst ratings or view top-rated stocks .

What is Russel Metals' stock price target for 2024?

7 analysts have issued 1-year price targets for Russel Metals' shares. Their RUS share price targets range from C$45.00 to C$55.50. On average, they expect the company's share price to reach C$48.29 in the next year. This suggests a possible upside of 21.8% from the stock's current price. View analysts price targets for RUS or view top-rated stocks among Wall Street analysts .

How have RUS shares performed in 2024?

Russel Metals' stock was trading at C$45.03 on January 1st, 2024. Since then, RUS shares have decreased by 12.0% and is now trading at C$39.63. View the best growth stocks for 2024 here .

When is Russel Metals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our RUS earnings forecast .

How were Russel Metals' earnings last quarter?

Russel Metals Inc. (TSE:RUS) released its quarterly earnings results on Thursday, February, 8th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.06. The business earned $1.02 billion during the quarter, compared to analysts' expectations of $1.06 billion. Russel Metals had a net margin of 5.92% and a trailing twelve-month return on equity of 16.67%.

How often does Russel Metals pay dividends? What is the dividend yield for Russel Metals?

Russel Metals announced a quarterly dividend on Thursday, February 8th. Investors of record on Thursday, February 29th will be given a dividend of 0.40 per share on Friday, March 15th. This represents a $1.60 annualized dividend and a yield of 4.04%. The ex-dividend date is Wednesday, February 28th. Read our dividend analysis for RUS .

Is Russel Metals a good dividend stock?

Russel Metals (TSE:RUS) pays an annual dividend of C$1.60 per share and currently has a dividend yield of 3.54%. The dividend payout ratio is 36.95%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for RUS .

What other stocks do shareholders of Russel Metals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Russel Metals investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , Vermilion Energy (VET) , Toronto-Dominion Bank (TD) , Enbridge (ENB) , Wheaton Precious Metals (WPM) and Open Text (OTEX) .

How do I buy shares of Russel Metals?

Shares of RUS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:RUS

Russel Metals (RUS) Stock Price, News & Analysis

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C$39.63

+0.22 (+0.56%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$39.29
▼
C$40.24
50-Day Range: C$39.41
▼
C$47.10
52-Week Range: C$32.95
▼
C$47.39

Volume: 157,737 shs
Average Volume: 179,711 shs
Market Capitalization: C$2.39 billion

P/E Ratio: 9.15
Dividend Yield: 4.04%
Price Target: C$48.29

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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Russel Metals MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 21.8% Upside
C$48.29 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.40
Based on 14 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.

1.57 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Russel Metals has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Russel Metals has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RUS.

2.5

Dividend Strength

Dividend Leadership
Russel Metals is a leading dividend payer. It pays a dividend yield of 3.54%, 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 36.95%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

0.9

News and Social Media Coverage

News Sentiment
Russel Metals has a news sentiment score of -0.40. 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 is a lower news sentiment than the 0.38 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Russel Metals this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for RUS on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

0.0

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 Insiders
Only 0.81% of the stock of Russel Metals is held by insiders.
Percentage Held by Institutions
Only 27.08% of the stock of Russel Metals is held by institutions.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Russel Metals is 9.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Russel Metals is 9.15, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 399.88.
Price to Earnings Growth Ratio
Russel Metals has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Russel Metals has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Russel Metals Stock (TSE:RUS)

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.

RUS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RUS Stock News Headlines

April 18, 2024 | americanbankingnews.com

Russel Metals (TSE:RUS) Price Target Lowered to C$48.50 at Scotiabank

April 18, 2024 | americanbankingnews.com

Russel Metals (TSE:RUS) Price Target Cut to C$48.00 by Analysts at Raymond James

April 18, 2024 | DTI (Ad)

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April 16, 2024 | seekingalpha.com

RUS:CA Russel Metals Inc.

April 15, 2024 | ca.finance.yahoo.com

New Sanctions on Russia to Drive Even More Metals Sales to China

April 13, 2024 | americanbankingnews.com

FY2024 Earnings Forecast for Russel Metals Inc. (TSE:RUS) Issued By National Bank Financial

April 10, 2024 | finance.yahoo.com

Vitol CEO Confirms Energy Trading Giant Is Getting Into Metals

April 10, 2024 | americanbankingnews.com

Russel Metals Inc. (TSE:RUS) Given Consensus Recommendation of "Moderate Buy" by Brokerages

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 9, 2024 | reuters.com

Vitol's foray into metals not a strategic pivot away from energy

April 8, 2024 | msn.com

Russell 2000: These Stocks Spike As Gold Trades Near Record Highs, Bitcoin Climbs Above $72,000

April 5, 2024 | ca.finance.yahoo.com

C2C Metals Corp. Announces Private Placement of C$1.0 Million

April 3, 2024 | theglobeandmail.com

Treasuries Continue to Slide and Metals Continue to Push Higher!

April 3, 2024 | seekingalpha.com

3 Dependable Warning Signs That Could Compel A Rotation To Value

April 3, 2024 | finance.yahoo.com

Rush Rare Metals Advances Two Key Projects: Uranium in Wyoming and Niobium in Quebec

April 3, 2024 | reuters.com

China PMI boosts sentiment, but commodity imports may have front-run: Russell

April 3, 2024 | ca.finance.yahoo.com

Gold smashes record again as US inflation worries loom

April 3, 2024 | msn.com

Column-China PMI boosts sentiment, but commodity imports may have front-run: Russell

April 2, 2024 | ca.finance.yahoo.com

C2C Metals Corp. Announces Acquisition of its Second United States Uranium Project

April 2, 2024 | marketwatch.com

Russel Metals to Redeem All of its 6% Senior Unsecured Notes

March 29, 2024 | finance.yahoo.com

Ramp Metals Provides Exploration Update and Announces Drilling Campaign

March 18, 2024 | markets.businessinsider.com

Greenridge Exploration Announces Closing of Private Placement for Gross Proceeds of CDN $3,500,455.12

March 18, 2024 | finance.yahoo.com

Midnight Sun announces collaboration with Bill Gates backed KoBold Metals to explore Dumbwa Target

March 18, 2024 | finance.yahoo.com

BKR Jul 2024 36.000 put

March 18, 2024 | finance.yahoo.com

Coniagas Battery Metals showcases commitment to advancing battery technology - PDAC 2024

March 17, 2024 | finance.yahoo.com

Star Wars Millennium Falcon coins coming to a purse near you

March 13, 2024 | msn.com

Cigar Wedding Bands Are Taking Over in 2024—These Are 5 of Our Favorites

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Company Calendar

Last Earnings: 2/08/2024
Ex-Dividend for 3/15 Dividend: 2/28/2024
Dividend Payable: 3/15/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/01/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Industrials
Industry: Industrial Distribution
Sub-Industry: N/A
Current Symbol: TSE:RUS
CUSIP: N/A
CIK: N/A
Web: www.russelmetals.com
Phone: +1-905-8197777
Fax: N/A
Employees: 3,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$48.29
High Stock Price Target: C$55.50
Low Stock Price Target: C$45.00
Potential Upside/Downside: +21.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$4.33
Trailing P/E Ratio: 9.16
Forward P/E Ratio: 10.53
P/E Growth: 0.59
Net Income: C$266.70 million
Net Margins: 5.92%
Pretax Margin: N/A
Return on Equity: 16.67%
Return on Assets: 8.07%

Debt

Debt-to-Equity Ratio: 25.76
Current Ratio: 4.14
Quick Ratio: 1.44

Sales & Book Value

Annual Sales: C$4.51 billion
Price / Sales: 0.53
Cash Flow: C$4.47 per share
Price / Cash Flow: 8.88
Book Value: C$27.16 per share
Price / Book: 1.46

Miscellaneous

Outstanding Shares: 60,390,000
Free Float: N/A
Market Cap: C$2.40 billion
Optionable: Not Optionable
Beta: 1.54

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Key Executives

Mr. John Gregory Reid (Age 54)
CEO, President & Director
Comp: $7.45M
Mr. Martin Leb Juravsky B.Comm.(Hon) (Age 60)
C.A., M.B.A., Executive VP, CFO & Secretary
Comp: $2.04M
Ms. Lesley M. S. Coleman
VP, Controller & Assistant Secretary
Catherine Milne
Vice President, Human Resources

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

RUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Russel Metals stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Russel Metals in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RUS shares.
View RUS analyst ratings or view top-rated stocks.
What is Russel Metals' stock price target for 2024?: 7 analysts have issued 1-year price targets for Russel Metals' shares. Their RUS share price targets range from C$45.00 to C$55.50. On average, they expect the company's share price to reach C$48.29 in the next year. This suggests a possible upside of 21.8% from the stock's current price.
View analysts price targets for RUS or view top-rated stocks among Wall Street analysts.
How have RUS shares performed in 2024?: Russel Metals' stock was trading at C$45.03 on January 1st, 2024. Since then, RUS shares have decreased by 12.0% and is now trading at C$39.63.
View the best growth stocks for 2024 here.
When is Russel Metals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our RUS earnings forecast.
How were Russel Metals' earnings last quarter?: Russel Metals Inc. (TSE:RUS) released its quarterly earnings results on Thursday, February, 8th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.06. The business earned $1.02 billion during the quarter, compared to analysts' expectations of $1.06 billion. Russel Metals had a net margin of 5.92% and a trailing twelve-month return on equity of 16.67%.

How often does Russel Metals pay dividends? What is the dividend yield for Russel Metals?: Russel Metals announced a quarterly dividend on Thursday, February 8th. Investors of record on Thursday, February 29th will be given a dividend of 0.40 per share on Friday, March 15th. This represents a $1.60 annualized dividend and a yield of 4.04%. The ex-dividend date is Wednesday, February 28th.
Read our dividend analysis for RUS.
Is Russel Metals a good dividend stock?: Russel Metals (TSE:RUS) pays an annual dividend of C$1.60 per share and currently has a dividend yield of 3.54%. The dividend payout ratio is 36.95%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for RUS.
What other stocks do shareholders of Russel Metals own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Russel Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Enbridge (ENB), Wheaton Precious Metals (WPM) and Open Text (OTEX).
How do I buy shares of Russel Metals?: Shares of RUS stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:RUS) was last updated on 4/18/2024 by MarketBeat.com Staff

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Russel Metals (RUS) Stock Price, News & Analysis

Russel Metals MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Russel Metals Stock (TSE:RUS)

RUS Stock Price History

RUS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

RUS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™