Q1 EPS Estimates for Russel Metals Cut by Raymond James

Russel Metals Inc. (TSE:RUS) – Stock analysts at Raymond James dropped their Q1 2025 earnings per share (EPS) estimates for Russel Metals in a research report issued on Tuesday, January 21st. Raymond James analyst F. Bastien now anticipates that the company will post earnings per share of $0.69 for the quarter, down from their prior estimate of $1.04. Raymond James also issued estimates for Russel Metals’ Q2 2025 earnings at $1.09 EPS and FY2025 earnings at $4.10 EPS.

Russel Metals (TSE:RUS) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.61 by C($0.02). The firm had revenue of C$1.09 billion for the quarter, compared to analyst estimates of C$1.06 billion. Russel Metals had a return on equity of 12.67% and a net margin of 4.87%.

Other equities analysts also recently issued research reports about the stock. Royal Bank of Canada raised shares of Russel Metals from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from C$45.00 to C$51.00 in a research note on Tuesday, November 26th. TD Securities increased their target price on Russel Metals from C$46.00 to C$50.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Finally, Stifel Nicolaus lifted their price target on Russel Metals from C$54.50 to C$57.00 in a report on Friday, November 22nd. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of C$50.50.

Russel Metals Stock Performance

Shares of RUS opened at C$42.55 on Thursday. Russel Metals has a 12-month low of C$35.20 and a 12-month high of C$47.39. The stock has a market cap of C$2.50 billion, a P/E ratio of 12.41, a PEG ratio of 0.59 and a beta of 1.52. The company has a current ratio of 3.85, a quick ratio of 1.44 and a debt-to-equity ratio of 16.88. The company has a 50-day moving average of C$42.94 and a two-hundred day moving average of C$40.27.

Russel Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 16th were issued a $0.42 dividend. The ex-dividend date was Wednesday, November 27th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.95%. Russel Metals’s dividend payout ratio (DPR) is 48.98%.

Russel Metals Company Profile

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.