TSE:RUS

Russel Metals (RUS) Stock Price, News & Analysis

C$39.73
-0.13 (-0.33%)
(As of 04/24/2024 ET)
Today's Range
C$39.61
C$40.50
50-Day Range
C$39.36
C$47.10
52-Week Range
C$33.38
C$47.39
Volume
97,997 shs
Average Volume
176,252 shs
Market Capitalization
C$2.40 billion
P/E Ratio
9.18
Dividend Yield
4.03%
Price Target
C$48.07

Russel Metals MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
21.0% Upside
C$48.07 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.39mentions of Russel Metals in the last 14 days
Based on 17 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.

2.81 out of 5 stars

RUS stock logo

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

RUS Stock News Headlines

Russel Metals (RUS) Set to Announce Earnings on Wednesday
Russel Metals (TSE:RUS) Price Target Cut to C$54.00
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RUS:CA Russel Metals Inc.
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See More Headlines
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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
4/24/2024
Next Earnings (Confirmed)
5/01/2024

Industry, Sector and Symbol

Industry
Industrial Distribution
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
3,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$48.07
High Stock Price Target
C$54.00
Low Stock Price Target
C$45.00
Potential Upside/Downside
+20.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
C$266.70 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$4.51 billion
Cash Flow
C$4.49 per share
Book Value
C$27.16 per share

Miscellaneous

Free Float
N/A
Market Cap
C$2.41 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

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 twelve months. 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 brokerages have issued twelve-month price targets for Russel Metals' stock. Their RUS share price targets range from C$45.00 to C$54.00. On average, they predict the company's share price to reach C$48.07 in the next twelve months. This suggests a possible upside of 21.0% 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 11.8% and is now trading at C$39.73.
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 data on Thursday, February, 8th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.06. The business had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.06 billion. Russel Metals had a trailing twelve-month return on equity of 16.67% and a net margin of 5.92%.

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. Shareholders 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 dividend yield of 4.03%. The ex-dividend date of this dividend 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 4/24/2024 by MarketBeat.com Staff

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