FY2026 EPS Estimates for Russel Metals Lifted by Analyst

Russel Metals Inc. (TSE:RUS) – Investment analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of Russel Metals in a research note issued on Friday, April 10th. Scotiabank analyst J. Goldman now forecasts that the company will earn $3.43 per share for the year, up from their prior forecast of $3.37. Scotiabank has a “Outperform” rating and a $54.00 price objective on the stock.

Russel Metals (TSE:RUS) last announced its quarterly earnings data on Wednesday, February 11th. The company reported C$0.55 earnings per share (EPS) for the quarter. The firm had revenue of C$1.09 billion during the quarter. Russel Metals had a return on equity of 10.44% and a net margin of 3.64%.

A number of other research analysts also recently issued reports on RUS. Royal Bank Of Canada upped their price objective on Russel Metals from C$51.00 to C$55.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. TD Securities upped their price objective on Russel Metals from C$50.00 to C$57.00 and gave the company a “buy” rating in a research note on Friday, February 13th. National Bank Financial reduced their price objective on Russel Metals from C$56.00 to C$51.00 and set a “sector perform” rating for the company in a research note on Wednesday, April 8th. Finally, Stifel Nicolaus increased their price target on Russel Metals from C$49.00 to C$50.50 and gave the stock a “hold” rating in a research note on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Russel Metals currently has an average rating of “Moderate Buy” and a consensus target price of C$53.58.

Russel Metals Stock Down 0.8%

Shares of TSE:RUS opened at C$50.23 on Tuesday. The company has a market capitalization of C$2.76 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 0.59 and a beta of 0.87. The company has a debt-to-equity ratio of 30.44, a current ratio of 3.06 and a quick ratio of 1.44. The business has a fifty day moving average price of C$48.12 and a two-hundred day moving average price of C$44.86. Russel Metals has a 1 year low of C$37.90 and a 1 year high of C$53.37.

About Russel Metals

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.