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Russel Metals Inc.TSX:RUS Stock Report

Market Cap CA$3.2b
Share Price
CA$58.19
CA$54.71
6.4% overvalued intrinsic discount
1Y37.2%
7D1.1%
Portfolio Value
View

Russel Metals Inc.

TSX:RUS Stock Report

Market Cap: CA$3.2b

RUS Community Fair Values

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Russel Metals Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Russel Metals
Historical stock prices
Current Share PriceCA$58.19
52 Week HighCA$59.15
52 Week LowCA$39.09
Beta1.1
1 Month Change17.70%
3 Month Change23.34%
1 Year Change37.18%
3 Year Change63.82%
5 Year Change74.48%
Change since IPO1,230.06%

Recent News & Updates

Recent updates

Narrative Update May 06

RUS: Future Returns Will Depend On P/E Support And Share Buybacks

The updated analyst price target for Russel Metals edges higher to about CA$54.71 from roughly CA$54.57. This reflects analysts' mixed but generally constructive revisions, with several firms raising targets into the CA$54 to CA$57 range, while others have recently turned more cautious on the stock.
Narrative Update Mar 30

RUS: Future Upside Will Rely On Higher P E And Share Buybacks

Russel Metals’ analyst price target range has moved higher into the CA$54 to CA$57 band, reflecting updated models from several firms, while small tweaks to the discount rate and forward P/E assumptions leave the intrinsic value estimate essentially unchanged. Analyst Commentary Recent research shows a wide range of views on Russel Metals, with several bullish analysts lifting price targets into the mid CA$50s while a couple of firms have turned more cautious.
Narrative Update Mar 16

RUS: Future Upside Will Rely On Higher P E And Completed Buybacks

The analyst price target for Russel Metals is updated to CA$54.57, reflecting recent target increases from CA$52 to CA$54 at Scotiabank, from CA$51 to CA$55 at RBC Capital, and from CA$50 to CA$57 at TD Securities, even as some firms have turned more cautious on the stock. Analyst Commentary Recent research shows a split view on Russel Metals, with several bullish analysts lifting price targets while a few more cautious firms have moved to downgrades.
Narrative Update Mar 02

RUS: Future Upside Will Rely On Higher P/E And Active Buybacks

Analysts have lifted their average price targets on Russel Metals into a CA$54 to CA$57 range, with the updated model keeping fair value broadly unchanged and fine tuning assumptions such as a slightly lower discount rate and marginally adjusted future P/E to reflect recent research updates. Analyst Commentary Recent Street research on Russel Metals presents a mixed picture, with several bullish analysts lifting price targets while some more cautious voices have downgraded their stance.
Narrative Update Feb 16

RUS: Future Upside Will Depend On Higher P/E And Steady Execution

The analyst price target for Russel Metals moves from CA$49.86 to CA$54.57, reflecting updated views from analysts who recently raised their targets into the CA$54 to CA$57 range, alongside adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Recent Street research on Russel Metals shows a mix of optimism on valuation and execution, alongside a more cautious stance from some firms that have moved to downgrades.
Analysis Article Jan 16

At CA$48.33, Is It Time To Put Russel Metals Inc. (TSE:RUS) On Your Watch List?

Russel Metals Inc. ( TSE:RUS ), is not the largest company out there, but it saw a significant share price rise of 23...
Narrative Update Jan 09

RUS: Stable Outlook Will Rely On Disciplined Buybacks And Steady Metrics

Analysts have kept their price target for Russel Metals steady at $49.86, reflecting essentially unchanged fair value, revenue growth, profit margin and future P/E assumptions, with only minor adjustments to discount rate inputs. What's in the News From July 1, 2025 to August 15, 2025, Russel Metals repurchased 330,200 shares, representing 0.59% of its shares for CAD 13.7 million under its August 13, 2024 buyback program, bringing total repurchases under that program to 2,989,900 shares or 5.2% for CAD 120.16 million (Key Developments).
Narrative Update Dec 19

RUS: Outperform Rating And Buybacks Will Support Future Share Price Upside

Analysts have modestly reduced their price target on Russel Metals, trimming it by C$2 to C$54, citing slightly lower long term return assumptions despite marginally stronger revenue growth expectations. Analyst Commentary Recent research updates indicate that the modest price target reduction reflects fine tuning of valuation assumptions rather than a shift in the underlying investment thesis.
Analysis Article Dec 19

Is Russel Metals Inc. (TSE:RUS) Trading At A 30% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Russel Metals fair value estimate is CA$62.31 Current share...
Narrative Update Dec 05

RUS: Future Buybacks And Network Optimization Will Drive Share Price Upside

Russel Metals' analyst price target has been modestly reduced from approximately C$52.50 to C$51.00, as analysts slightly raised their discount rate and marginally trimmed long term growth expectations while maintaining a positive view on the shares. Analyst Commentary Analysts remain constructive on Russel Metals despite the modest reduction in price targets, viewing the moves as fine tuning rather than a change in core thesis.
Narrative Update Nov 21

RUS: Revenue Acceleration Will Drive Market Demand Despite Margin Pressures

The analyst consensus price target on Russel Metals was lowered slightly from approximately $51 to $49.86, as analysts factor in updated forecasts for slower profit margin expansion but stronger revenue growth outlooks. Analyst Commentary Recent updates from street analysts reflect both confidence in Russel Metals' growth prospects and a note of caution regarding near-term earnings momentum.
Analysis Article Jun 22

Russel Metals (TSE:RUS) Has A Pretty Healthy Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 27

Russel Metals (TSE:RUS) Will Pay A Larger Dividend Than Last Year At CA$0.43

Russel Metals Inc. ( TSE:RUS ) will increase its dividend from last year's comparable payment on the 16th of June to...
Analysis Article Mar 14

Is Russel Metals (TSE:RUS) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 22

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

Shareholders might have noticed that Russel Metals Inc. ( TSE:RUS ) filed its annual result this time last week. The...
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New Narrative Feb 09

Samuel Acquisition Integration And Nonferrous Expansion Will Improve Future Earnings

Successful integration of the acquisition and focus on modernization could improve margins and support revenue growth through operational synergies and efficiencies.
Analysis Article Feb 05

A Piece Of The Puzzle Missing From Russel Metals Inc.'s (TSE:RUS) Share Price

With a median price-to-earnings (or "P/E") ratio of close to 14x in Canada, you could be forgiven for feeling...
Analysis Article Dec 16

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

Key Insights Russel Metals' estimated fair value is CA$54.43 based on 2 Stage Free Cash Flow to Equity With CA$44.35...
Analysis Article May 14

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

Russel Metals Inc. ( TSE:RUS ) will increase its dividend from last year's comparable payment on the 14th of June to...
Analysis Article Mar 04

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 11

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

Shareholders might have noticed that Russel Metals Inc. ( TSE:RUS ) filed its full-year result this time last week. The...
Analysis Article Jan 31

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

Key Insights Russel Metals' estimated fair value is CA$51.06 based on 2 Stage Free Cash Flow to Equity With CA$44.18...
Analysis Article Jan 08

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

With a price-to-earnings (or "P/E") ratio of 9.6x Russel Metals Inc. ( TSE:RUS ) may be sending bullish signals at the...
Analysis Article Nov 10

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

While Russel Metals Inc. ( TSE:RUS ) might not be the most widely known stock at the moment, it saw a double-digit...
Analysis Article Oct 23

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Sep 13

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

Key Insights The projected fair value for Russel Metals is CA$43.96 based on 2 Stage Free Cash Flow to Equity Current...

Shareholder Returns

RUSCA Trade DistributorsCA Market
7D1.1%3.5%-0.8%
1Y37.2%73.2%31.6%

Return vs Industry: RUS underperformed the Canadian Trade Distributors industry which returned 73.2% over the past year.

Return vs Market: RUS exceeded the Canadian Market which returned 31.6% over the past year.

Price Volatility

Is RUS's price volatile compared to industry and market?
RUS volatility
RUS Average Weekly Movement3.2%
Trade Distributors Industry Average Movement4.1%
Market Average Movement10.3%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.9%

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

FoundedEmployeesCEOWebsite
19294,275John Reidwww.russelmetals.com

Russel Metals Inc. engages in the distribution of steel and other metal products in Canada and the United States. The company operates through Metals Service Centers, Energy Field Stores, and Steel Distribution segments. The Metal Service Centers segment operates a network of metals service centers, which provide metal products in various 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 capCA$3.19b
Earnings (TTM)CA$197.60m
Revenue (TTM)CA$4.89b
16.2x
P/E Ratio
0.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RUS income statement (TTM)
RevenueCA$4.89b
Cost of RevenueCA$3.85b
Gross ProfitCA$1.03b
Other ExpensesCA$834.90m
EarningsCA$197.60m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 06, 2026

Earnings per share (EPS)3.60
Gross Margin21.13%
Net Profit Margin4.04%
Debt/Equity Ratio18.1%

How did RUS perform over the long term?

See historical performance and comparison

Dividends

3.0%
Current Dividend Yield
48%
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 DateMay 28 2026
Dividend Pay DateJun 15 2026
Days until Ex dividend8 days
Days until Dividend pay date26 days

Does RUS pay a reliable dividends?

See RUS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/19 15:48
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Russel Metals Inc. is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Devin DodgeBMO Capital Markets Equity Research
Michael WillemseCIBC Capital Markets
Maxim SytchevNational Bank Financial