Russel Metals Inc. (TSE:RUS – Free Report) – Investment analysts at Raymond James Financial lowered their Q3 2026 earnings estimates for Russel Metals in a research note issued on Tuesday, June 17th. Raymond James Financial analyst F. Bastien now forecasts that the company will post earnings per share of $1.15 for the quarter, down from their prior estimate of $1.23.
A number of other research analysts have also recently weighed in on RUS. Stifel Nicolaus dropped their price objective on shares of Russel Metals from C$54.00 to C$53.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. National Bankshares dropped their price objective on shares of Russel Metals from C$58.00 to C$55.00 and set an “outperform” rating for the company in a research note on Wednesday, April 9th.
Russel Metals Stock Down 0.6%
RUS stock opened at C$41.95 on Thursday. 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 company’s 50 day simple moving average is C$41.17 and its 200-day simple moving average is C$41.11. Russel Metals has a 12 month low of C$34.62 and a 12 month high of C$46.87. The firm has a market capitalization of C$2.40 billion, a PE ratio of 13.51, a P/E/G ratio of 0.59 and a beta of 1.52.
Russel Metals Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 16th were paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 4.10%. This is a boost from Russel Metals’s previous quarterly dividend of $0.42. The ex-dividend date was Thursday, May 29th. Russel Metals’s dividend payout ratio (DPR) is 54.12%.
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.
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