Russel Metals Inc. (TSE:RUS) Given Average Rating of “Moderate Buy” by Analysts

Russel Metals Inc. (TSE:RUS) has been assigned an average rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$54.42.

Several research firms have 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 report on Friday. Stifel Nicolaus lifted their price target on Russel Metals from C$49.00 to C$50.50 and gave the stock a “hold” rating in a report on Friday. Scotiabank boosted their price objective on Russel Metals from C$52.00 to C$54.00 and gave the stock an “outperform” rating in a research report on Friday. National Bank Financial lowered Russel Metals from an “outperform” rating to a “sector perform” rating and raised their target price for the company from C$54.00 to C$56.00 in a research report on Friday. Finally, TD Securities lifted their target price on Russel Metals from C$50.00 to C$57.00 and gave the stock a “buy” rating in a research note on Friday.

Russel Metals Stock Down 0.3%

TSE:RUS traded down C$0.12 on Friday, hitting C$46.81. The stock had a trading volume of 319,026 shares, compared to its average volume of 214,818. The company has a quick ratio of 1.44, a current ratio of 3.37 and a debt-to-equity ratio of 20.28. Russel Metals has a 52 week low of C$34.62 and a 52 week high of C$53.37. The business’s fifty day moving average is C$45.97 and its 200 day moving average is C$42.96. The company has a market cap of C$2.61 billion, a PE ratio of 16.03, a P/E/G ratio of 0.59 and a beta of 1.06.

Russel Metals (TSE:RUS) last issued its earnings results on Wednesday, November 5th. The company reported C$0.63 earnings per share (EPS) for the quarter. The company had revenue of C$1.17 billion for the quarter. Russel Metals had a return on equity of 11.03% and a net margin of 4.27%.

Russel Metals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Thursday, November 27th. Russel Metals’s dividend payout ratio is 58.22%.

More Russel Metals News

Here are the key news stories impacting Russel Metals this week:

• Positive Sentiment: TD Securities raised its price target to C$57.00 and kept a “buy” rating — implying ~22.0% upside from the current C$46.73 — a strong vote of confidence that may support upward momentum. Read More.
• Positive Sentiment: Royal Bank of Canada lifted its target to C$55.00 and reaffirmed an “outperform” rating — ~17.7% upside — another institutional endorsement likely to be viewed positively by investors. Read More.
• Positive Sentiment: Scotiabank increased its target to C$54.00 and maintains an “outperform” call (≈15.6% upside), adding to the cluster of higher targets that could buoy sentiment. Read More. Read More.
• Neutral Sentiment: Stifel Nicolaus nudged its target to C$50.50 but left a “hold” rating (≈8.1% upside) — a modestly constructive move but less likely to change investor behavior materially. Read More.
• Negative Sentiment: National Bank Financial downgraded RUS from “outperform” to “sector perform” despite raising its target to C$56.00 (≈19.8% upside). The downgrade signals caution and could cap upside or weigh on near-term sentiment. Read More.

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.