Stifel Canada Predicts Russel Metals’ Q1 Earnings (TSE:RUS)

Russel Metals Inc. (TSE:RUS) – Stock analysts at Stifel Canada lowered their Q1 2026 earnings per share estimates for Russel Metals in a research note issued to investors on Sunday, November 9th. Stifel Canada analyst I. Gillies now expects that the company will post earnings per share of $0.78 for the quarter, down from their previous forecast of $0.84. Stifel Canada also issued estimates for Russel Metals’ Q2 2026 earnings at $0.76 EPS, Q4 2026 earnings at $0.75 EPS and FY2026 earnings at $3.21 EPS.

A number of other research analysts also recently commented on RUS. Scotiabank raised shares of Russel Metals to a “strong-buy” rating in a research note on Friday, October 10th. Raymond James Financial lowered their target price on shares of Russel Metals from C$56.00 to C$54.00 and set an “outperform” rating for the company in a report on Wednesday, October 1st. Stifel Nicolaus lowered their price objective on shares of Russel Metals from C$49.00 to C$48.00 and set a “buy” rating for the company in a research note on Friday, September 19th. National Bankshares upped their price target on Russel Metals from C$55.00 to C$56.00 and gave the stock an “outperform” rating in a research note on Thursday, October 9th. Finally, TD Securities reduced their price objective on Russel Metals from C$52.00 to C$50.00 and set a “buy” rating on the stock in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$51.80.

Russel Metals Stock Performance

Russel Metals stock opened at C$39.39 on Wednesday. The stock has a fifty day moving average price of C$41.36 and a 200 day moving average price of C$42.11. Russel Metals has a 52 week low of C$34.62 and a 52 week high of C$46.87. The firm has a market capitalization of C$2.19 billion, a P/E ratio of 13.49, a PEG ratio of 0.59 and a beta of 1.05. The company has a current ratio of 3.37, a quick ratio of 1.44 and a debt-to-equity ratio of 20.28.

Russel Metals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 15th will be given a $0.43 dividend. The ex-dividend date is Thursday, November 27th. This represents a $1.72 annualized dividend and a dividend yield of 4.4%. Russel Metals’s dividend payout ratio (DPR) is presently 58.22%.

Russel Metals Company Profile

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.