Russel Metals Q3 EPS Lifted by National Bank Financial

Russel Metals Inc. (TSE:RUS) – Equities researchers at National Bank Financial upped their Q3 2025 earnings estimates for shares of Russel Metals in a research note issued on Tuesday, April 8th. National Bank Financial analyst M. Sytchev now expects that the company will post earnings of $1.15 per share for the quarter, up from their previous estimate of $1.12. National Bank Financial also issued estimates for Russel Metals’ Q4 2025 earnings at $0.89 EPS.

Several other research firms have also commented on RUS. National Bankshares lowered their price objective on Russel Metals from C$58.00 to C$55.00 and set an “outperform” rating on the stock in a research report on Wednesday. Stifel Nicolaus raised their price target on shares of Russel Metals from C$55.50 to C$60.00 in a research report on Friday, February 14th. Finally, TD Securities lifted their price objective on shares of Russel Metals from C$50.00 to C$52.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$52.50.

Russel Metals Stock Up 4.5 %

Russel Metals stock opened at C$37.96 on Thursday. The business’s 50-day moving average price is C$39.89 and its 200 day moving average price is C$41.21. The company has a quick ratio of 1.44, a current ratio of 3.37 and a debt-to-equity ratio of 20.28. The firm has a market cap of C$2.18 billion, a price-to-earnings ratio of 12.23, a price-to-earnings-growth ratio of 0.59 and a beta of 1.52. Russel Metals has a 52 week low of C$34.62 and a 52 week high of C$46.87.

Insider Activity at Russel Metals

In related news, Director Brian Robie Hedges sold 5,000 shares of the business’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of C$42.32, for a total transaction of C$211,600.00. Company insiders own 0.85% of the company’s stock.

Russel Metals Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 17th were given a dividend of $0.42 per share. The ex-dividend date was Friday, February 28th. This represents a $1.68 annualized dividend and a dividend yield of 4.43%. Russel Metals’s dividend payout ratio is currently 54.12%.

About Russel Metals

Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; energy products; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users.