Stifel Canada Estimates Russel Metals’ Q2 Earnings (TSE:RUS)

Russel Metals Inc. (TSE:RUS) – Stifel Canada increased their Q2 2026 EPS estimates for shares of Russel Metals in a report issued on Monday, September 29th. Stifel Canada analyst I. Gillies now anticipates that the company will earn $0.81 per share for the quarter, up from their previous forecast of $0.76. Stifel Canada also issued estimates for Russel Metals’ FY2026 earnings at $3.36 EPS.

A number of other analysts also recently commented on the company. TD Securities lowered their target price on Russel Metals from C$52.00 to C$50.00 and set a “buy” rating on the stock in a research note on Monday, August 11th. Raymond James Financial dropped their price objective on shares of Russel Metals from C$56.00 to C$54.00 and set an “outperform” rating on the stock in a research note on Wednesday. Finally, Stifel Nicolaus dropped their price target on shares of Russel Metals from C$49.00 to C$48.00 and set a “buy” rating on the stock in a research report on Friday, September 19th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$51.60.

Russel Metals Price Performance

TSE:RUS opened at C$41.80 on Thursday. The firm’s fifty day moving average is C$41.71 and its two-hundred day moving average is C$41.45. The firm has a market cap of C$2.34 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 0.59 and a beta of 1.22. Russel Metals has a one year low of C$34.62 and a one year high of C$46.87. The company has a debt-to-equity ratio of 20.28, a quick ratio of 1.44 and a current ratio of 3.37.

Russel Metals Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, September 15th were paid a $0.43 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a $1.72 dividend on an annualized basis and a yield of 4.1%. Russel Metals’s dividend payout ratio (DPR) is currently 58.48%.

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.