Russel Metals (TSX:RUS) - Stock Price, News & Analysis

RUS Stock Overview

Operates as a metal distribution and processing company in Canada and the United States. More details

RUS fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	5/6

Rewards

Trading at 16.7% below our estimate of its fair value

Earnings are forecast to grow 15.3% per year

Pays a reliable dividend of 3.67%

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for RUS from our risk checks.

Russel Metals Inc. Competitors

Richelieu Hardware

TSX:RCH

CA$2.2b

Finning International

TSX:FTT

CA$5.2b

ADENTRA

TSX:ADEN

CA$1.0b

Doman Building Materials Group

TSX:DBM

CA$853.7m

Price History & Performance

Summary of all time highs, changes and price drops for Russel Metals
Historical stock prices
Current Share Price	CA$45.77
52 Week High	CA$47.39
52 Week Low	CA$35.20
Beta	1.57
11 Month Change	17.96%
3 Month Change	24.71%
1 Year Change	10.32%
33 Year Change	33.95%
5 Year Change	105.52%
Change since IPO	946.17%

Recent updates

Russel Metals (TSE:RUS) Is Increasing Its Dividend To CA$0.42

May 14

Is Russel Metals (TSE:RUS) A Risky Investment?

Mar 04

Here's What Analysts Are Forecasting For Russel Metals Inc. (TSE:RUS) After Its Annual Results

Feb 11

A Look At The Intrinsic Value Of Russel Metals Inc. (TSE:RUS)

Jan 31

Improved Earnings Required Before Russel Metals Inc. (TSE:RUS) Shares Find Their Feet

Jan 08

Russel Metals (TSE:RUS) Has Announced That It Will Be Increasing Its Dividend To CA$0.40

May 22

Why Russel Metals Inc. (TSE:RUS) Could Be Worth Watching

May 04

Russel Metals (TSE:RUS) Is Paying Out A Dividend Of CA$0.38

Feb 13

We Think Russel Metals (TSE:RUS) Can Manage Its Debt With Ease

Jan 28

Is It Time To Consider Buying Russel Metals Inc. (TSE:RUS)?

Jan 11

Estimating The Intrinsic Value Of Russel Metals Inc. (TSE:RUS)

Dec 14

What Does Russel Metals Inc.'s (TSE:RUS) Share Price Indicate?

Oct 04

Russel Metals (TSE:RUS) Could Easily Take On More Debt

Sep 13

Russel Metals (TSE:RUS) Is Due To Pay A Dividend Of CA$0.38

Aug 15

Russel Metals Inc. (TSE:RUS) Shares Could Be 47% Below Their Intrinsic Value Estimate

Jul 24

Russel Metals (TSE:RUS) Seems To Use Debt Rather Sparingly

Jun 10

Bullish: Analysts Just Made A Decent Upgrade To Their Russel Metals Inc. (TSE:RUS) Forecasts

May 09

Russel Metals (TSE:RUS) Will Pay A Dividend Of CA$0.38

May 08

Should You Think About Buying Russel Metals Inc. (TSE:RUS) Now?

May 07

Shareholder Returns

	RUS	CA Trade Distributors	CA Market
7D	2.3%	0.2%	0.8%
1Y	10.3%	9.1%	22.3%

Return vs Industry: RUS exceeded the Canadian Trade Distributors industry which returned 9.1% over the past year.

Return vs Market: RUS underperformed the Canadian Market which returned 22.3% over the past year.

Price Volatility

Is RUS's price volatile compared to industry and market?
RUS volatility
RUS Average Weekly Movement	3.4%
Trade Distributors Industry Average Movement	4.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: RUS has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: RUS's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1929	3,500	John Reid	www.russelmetals.com

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.

Russel Metals Inc. Fundamentals Summary

How do Russel Metals's earnings and revenue compare to its market cap?
RUS fundamental statistics
Market cap	CA$2.63b
Earnings (TTM)	CA$181.30m
Revenue (TTM)	CA$4.24b

14.5x

P/E Ratio

0.6x

P/S Ratio

Is RUS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RUS income statement (TTM)
Revenue	CA$4.24b
Cost of Revenue	CA$3.37b
Gross Profit	CA$872.30m
Other Expenses	CA$691.00m
Earnings	CA$181.30m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.16
Gross Margin	20.57%
Net Profit Margin	4.27%
Debt/Equity Ratio	9.3%

How did RUS perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

54%

Payout Ratio

Does RUS pay a reliable dividends?

See RUS dividend history and benchmarks

When do you need to buy RUS by to receive an upcoming dividend?
Russel Metals dividend dates
Ex Dividend Date	Nov 27 2024
Dividend Pay Date	Dec 16 2024
Days until Ex dividend	6 days
Days until Dividend pay date	13 days

Does RUS pay a reliable dividends?

See RUS dividend history and benchmarks

RUS Stock Overview

Rewards

Risk Analysis

Russel Metals Inc. Competitors

TSX:RCH

CA$2.2b

TSX:FTT

CA$5.2b

TSX:ADEN

CA$1.0b

TSX:DBM

CA$853.7m

Price History & Performance

Recent News & Updates

Executive VP exercised options to buy CA$560k worth of stock.

Price target increased by 7.5% to CA$50.33

Russel Metals Inc. (TSX:RUS) entered into an agreement to acquire Tampa Bay Steel Corp. for $79.5 million.

Third quarter dividend of CA$0.42 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Russel Metals Inc. (TSX:RUS) completed the acquisition of Seven Service Centers of Samuel, Son & Co., Limited

Recent updates

Executive VP exercised options to buy CA$560k worth of stock.

Price target increased by 7.5% to CA$50.33

Russel Metals Inc. (TSX:RUS) entered into an agreement to acquire Tampa Bay Steel Corp. for $79.5 million.

Third quarter dividend of CA$0.42 announced

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Russel Metals Inc. (TSX:RUS) completed the acquisition of Seven Service Centers of Samuel, Son & Co., Limited

Second quarter dividend of CA$0.42 announced

Russel Metals Inc. Declares A Dividend, Payable on September 16, 2024

Second quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Russel Metals Inc. Receives Regulatory Clearance on Samuel Acquisition

Russel Metals (TSE:RUS) Is Increasing Its Dividend To CA$0.42

First quarter dividend of CA$0.42 announced

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 21% undervalued after recent price drop

Now 20% undervalued

Is Russel Metals (TSE:RUS) A Risky Investment?

Upcoming dividend of CA$0.40 per share

Now 21% undervalued

Fourth quarter dividend of CA$0.40 announced

Here's What Analysts Are Forecasting For Russel Metals Inc. (TSE:RUS) After Its Annual Results

Full year 2023 earnings: EPS exceeds analyst expectations

Russel Metals Inc. Declares Dividend, Payable on March 15, 2024

New major risk - Revenue and earnings growth

Price target increased by 7.8% to CA$48.56

A Look At The Intrinsic Value Of Russel Metals Inc. (TSE:RUS)

Russel Metals Inc., Annual General Meeting, May 02, 2024

Improved Earnings Required Before Russel Metals Inc. (TSE:RUS) Shares Find Their Feet

Insufficient new directors

Russel Metals Inc. Announces Executive Changes

Russel Metals Inc. (TSX:RUS) entered into an agreement to acquire Seven Service Centers of Samuel, Son & Co., Limited for approximately CAD 230 million.

Russel Metals Inc. to Report Q2, 2024 Results on Jul 31, 2024

Upcoming dividend of CA$0.40 per share at 4.1% yield

Russel Metals Inc. Declares Dividend, Payable on December 15, 2023

Should You Investigate Russel Metals Inc. (TSE:RUS) At CA$37.80?

Russel Metals (TSE:RUS) Seems To Use Debt Quite Sensibly

Now 22% undervalued after recent price drop

Calculating The Intrinsic Value Of Russel Metals Inc. (TSE:RUS)

Marubeni-Itochu Tubulars America, Inc. acquired 50% stake in Trimark Tubulars Ltd. from Russel Metals Inc. (TSX:RUS) for approximately CAD 61 million.

Upcoming dividend of CA$0.40 per share at 4.1% yield

Russel Metals' (TSE:RUS) Upcoming Dividend Will Be Larger Than Last Year's

Russel Metals Inc. (TSX:RUS) entered into an agreement to acquire Alliance Supply Ltd.

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

At CA$36.95, Is Russel Metals Inc. (TSE:RUS) Worth Looking At Closely?

Marubeni-Itochu Tubulars America, Inc. entered into an agreement to acquire 50% stake in Trimark Tubulars Ltd. from Russel Metals Inc. (TSX:RUS) for approximately CAD 61 million.

Does Russel Metals (TSE:RUS) Have A Healthy Balance Sheet?

New major risk - Revenue and earnings growth

Is Russel Metals Inc. (TSE:RUS) Worth CA$37.6 Based On Its Intrinsic Value?

Russel Metals (TSE:RUS) Has Announced That It Will Be Increasing Its Dividend To CA$0.40

Upcoming dividend of CA$0.40 per share at 4.5% yield

Executive VP exercised options to buy CA$403k worth of stock.

Independent Director recently sold CA$69k worth of stock

Russel Metals Inc. Declares Quarterly Dividend, Payable on June 15, 2023

First quarter 2023 earnings: EPS exceeds analyst expectations

Why Russel Metals Inc. (TSE:RUS) Could Be Worth Watching

Independent Director recently sold CA$107k worth of stock

Executive VP recently sold CA$441k worth of stock

Now 20% undervalued

Upcoming dividend of CA$0.38 per share at 4.1% yield

Executive VP recently sold CA$895k worth of stock