FY2026 EPS Estimates for Russel Metals Lowered by Analyst

Russel Metals Inc. (TSE:RUS) – Scotiabank reduced their FY2026 earnings per share estimates for Russel Metals in a research note issued on Thursday, February 19th. Scotiabank analyst J. Goldman now expects that the company will post earnings of $3.37 per share for the year, down from their prior estimate of $3.38. Scotiabank currently has a “Outperform” rating and a $54.00 target price on the stock.

Several other research firms have also recently commented on RUS. 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. Stifel Nicolaus lifted their target price on shares of Russel Metals from C$49.00 to C$50.50 and gave the company a “hold” rating in a research note on Friday, February 13th. Royal Bank Of Canada upped their price target 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. Finally, National Bank Financial lowered Russel Metals from an “outperform” rating to a “hold” rating and increased their price objective for the stock from C$54.00 to C$56.00 in a report on Friday, February 13th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$54.42.

Russel Metals Price Performance

Shares of RUS opened at C$47.92 on Monday. The company has a market capitalization of C$2.64 billion, a price-to-earnings ratio of 15.92, a P/E/G ratio of 0.59 and a beta of 1.06. Russel Metals has a fifty-two week low of C$34.62 and a fifty-two week high of C$53.37. The company has a debt-to-equity ratio of 20.28, a current ratio of 3.37 and a quick ratio of 1.44. The business’s 50-day moving average is C$46.80 and its 200-day moving average is C$43.17.

Russel Metals Announces Dividend

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

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.