Raymond James Analysts Lower Earnings Estimates for Russel Metals Inc. (TSE:RUS)

Russel Metals Inc. (TSE:RUS) – Equities research analysts at Raymond James cut their Q2 2025 earnings estimates for Russel Metals in a research report issued to clients and investors on Thursday, August 1st. Raymond James analyst F. Bastien now anticipates that the company will earn $1.15 per share for the quarter, down from their previous forecast of $1.18. Raymond James has a “Outperform” rating and a $48.00 price target on the stock. The consensus estimate for Russel Metals’ current full-year earnings is $3.53 per share. Raymond James also issued estimates for Russel Metals’ Q3 2025 earnings at $1.05 EPS, Q4 2025 earnings at $0.95 EPS and FY2025 earnings at $4.15 EPS.

A number of other research firms have also weighed in on RUS. Stifel Nicolaus decreased their price target on Russel Metals from C$55.00 to C$52.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. TD Securities decreased their target price on Russel Metals from C$45.00 to C$44.00 in a research note on Friday, August 2nd. BMO Capital Markets dropped their price objective on shares of Russel Metals from C$46.00 to C$45.00 in a research note on Wednesday, July 24th. Scotiabank cut their price target on shares of Russel Metals from C$50.00 to C$48.50 and set a “sector perform” rating for the company in a report on Wednesday, April 17th. Finally, National Bankshares cut their price target on Russel Metals from C$47.00 to C$46.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$46.64.

Russel Metals Trading Up 0.1 %

Shares of RUS stock opened at C$38.65 on Monday. The company has a quick ratio of 1.44, a current ratio of 4.37 and a debt-to-equity ratio of 25.43. The stock has a market capitalization of C$2.32 billion, a P/E ratio of 9.76, a P/E/G ratio of 0.59 and a beta of 1.57. Russel Metals has a fifty-two week low of C$33.38 and a fifty-two week high of C$47.39. The stock has a 50-day simple moving average of C$37.77 and a 200 day simple moving average of C$40.84.

Insiders Place Their Bets

In related news, Director Stewart Burton purchased 3,000 shares of the stock in a transaction on Friday, June 21st. The shares were purchased at an average price of C$36.35 per share, with a total value of C$109,050.00. Insiders own 0.81% of the company’s stock.

Russel Metals Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Investors of record on Monday, September 16th will be given a $0.42 dividend. The ex-dividend date is Wednesday, August 28th. This represents a $1.68 annualized dividend and a yield of 4.35%. Russel Metals’s dividend payout ratio is currently 42.42%.

About Russel Metals

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.