FY2026 EPS Estimates for Russel Metals Cut by Scotiabank

Russel Metals Inc. (TSE:RUS) – Analysts at Scotiabank lowered their FY2026 earnings per share estimates for shares of Russel Metals in a research report issued to clients and investors on Thursday, February 19th. Scotiabank analyst J. Goldman now forecasts that the company will post earnings per share of $3.37 for the year, down from their previous estimate of $3.38. Scotiabank has a “Outperform” rating and a $54.00 price target on the stock.

A number of other research firms have also recently issued reports on RUS. Royal Bank Of Canada increased their target price on 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. Stifel Nicolaus increased their price objective on shares of Russel Metals from C$49.00 to C$50.50 and gave the stock a “hold” rating in a research report on Friday, February 13th. National Bank Financial lowered shares of Russel Metals from an “outperform” rating to a “hold” rating and raised their price objective for the stock from C$54.00 to C$56.00 in a report on Friday, February 13th. Finally, TD Securities boosted their price objective on shares of Russel Metals from C$50.00 to C$57.00 and gave the company a “buy” rating in a research 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$54.42.

Russel Metals Trading Up 0.1%

TSE RUS opened at C$47.57 on Monday. Russel Metals has a one year low of C$34.62 and a one year 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 firm has a market cap of C$2.62 billion, a P/E ratio of 15.80, a P/E/G ratio of 0.59 and a beta of 1.06. The stock’s 50-day moving average is C$46.72 and its 200-day moving average is C$43.12.

Russel Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 15th were given a $0.43 dividend. The ex-dividend date of this dividend was Thursday, November 27th. This represents a $1.72 dividend on an annualized basis and a yield of 3.6%. Russel Metals’s dividend payout ratio (DPR) is 56.81%.

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.