National Bank Financial Estimates Russel Metals Q2 Earnings

Russel Metals Inc. (TSE:RUS) – National Bank Financial lifted their Q2 2025 EPS estimates for shares of Russel Metals in a report released on Wednesday, May 7th. National Bank Financial analyst M. Sytchev now forecasts that the company will earn $1.09 per share for the quarter, up from their previous forecast of $1.08. National Bank Financial also issued estimates for Russel Metals’ FY2025 earnings at $3.90 EPS and FY2026 earnings at $4.25 EPS.

A number of other brokerages have also commented on RUS. National Bankshares reduced their target price on shares of Russel Metals from C$58.00 to C$55.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 9th. TD Securities lifted their price objective on shares of Russel Metals from C$50.00 to C$52.00 and gave the stock a “buy” rating in a research note on Tuesday, February 18th. Finally, Stifel Nicolaus dropped their target price on Russel Metals from C$54.00 to C$53.00 and set a “buy” rating on the stock in a report on Thursday.

Russel Metals Stock Down 0.6%

Shares of TSE RUS opened at C$39.45 on Monday. The firm’s 50-day moving average price is C$39.06 and its 200-day moving average price is C$41.04. 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 stock has a market capitalization of C$2.26 billion, a price-to-earnings ratio of 12.71, a P/E/G ratio of 0.59 and a beta of 1.52. Russel Metals has a 12-month low of C$34.62 and a 12-month high of C$46.87.

Russel Metals Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 16th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $1.72 annualized dividend and a dividend yield of 4.36%. This is a positive change from Russel Metals’s previous quarterly dividend of $0.42. Russel Metals’s dividend payout ratio is currently 54.12%.

Insider Buying and Selling

In other news, Director Brian Robie Hedges sold 5,000 shares of the company’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of C$42.32, for a total value of C$211,600.00. Corporate insiders own 0.85% of the company’s stock.

About Russel Metals

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.