Brokers Issue Forecasts for Russel Metals FY2026 Earnings

Russel Metals Inc. (TSE:RUS) – Analysts at Scotiabank reduced their FY2026 EPS estimates for Russel Metals in a research report issued to clients and investors on Thursday, February 19th. Scotiabank analyst J. Goldman now anticipates that the company will post earnings per share of $3.37 for the year, down from their prior forecast of $3.38. Scotiabank has a “Outperform” rating and a $54.00 price objective on the stock.

Several other brokerages also recently commented on RUS. Royal Bank Of Canada lifted their target price on shares of Russel Metals from C$51.00 to C$55.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. TD Securities raised their price target on shares of Russel Metals from C$50.00 to C$57.00 and gave the stock a “buy” rating in a report on Friday, February 13th. National Bank Financial downgraded shares of Russel Metals from an “outperform” rating to a “hold” rating and upped their price objective for the company from C$54.00 to C$56.00 in a research note on Friday, February 13th. Finally, Stifel Nicolaus increased their price objective on Russel Metals from C$49.00 to C$50.50 and gave the stock a “hold” rating in a report on Friday, February 13th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Russel Metals presently has a consensus rating of “Moderate Buy” and an average price target of C$54.42.

Russel Metals Stock Down 0.5%

Shares of TSE:RUS opened at C$47.50 on Monday. The company has a current ratio of 3.37, a quick ratio of 1.44 and a debt-to-equity ratio of 20.28. Russel Metals has a 12-month low of C$34.62 and a 12-month high of C$53.37. The stock’s 50-day moving average price is C$46.63 and its 200-day moving average price is C$43.08. The stock has a market capitalization of C$2.62 billion, a P/E ratio of 15.78, a price-to-earnings-growth ratio of 0.59 and a beta of 1.06.

Russel Metals Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 15th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, November 27th. Russel Metals’s dividend payout ratio is currently 56.81%.

Russel Metals Company Profile

Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.