Russel Metals Inc. has delivered impressive earnings, significantly surpassing expectations in its recent quarterly report.
Recent earnings trend
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Russel Metals Inc.
RUS.TO
RUS.TO
Russel Metals Inc.
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Market cap
$4.45B
P/E
22.7x
52W high
$81.05
52W low
$38.07
1W change
+20.37%
Beta
1.10
Analyst Price Targets
Based on analyst covering RUS
Wall Street analysts forecast RUS stock price to fall 17.8% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$66.57
-17.8% Upside
Current Price
C$80.96
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on RUS's historical volatility
30-Day Vol
49.3%
Annualized
90-Day Vol
34.7%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$96.79
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$85.93 | C$72.48 โ C$101.87 |
| 60 trading days | C$91.20 | C$71.69 โ C$116.01 |
| 90 trading days | C$96.79 | C$72.08 โ C$129.97 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 7 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-04 | โ | 1.4000 | โ |
| 2026-06-30 | 2026-08-05 | 1.4300 | 1.0700 | +33.6% |
| 2026-03-31 | 2026-05-05 | 0.7900 | 0.7600 | +3.9% |
| 2025-12-31 | 2026-02-11 | 0.5500 | 0.5300 | +3.8% |
| 2025-09-30 | 2025-11-05 | 0.6300 | 0.6400 | -1.6% |
| 2025-06-30 | 2025-08-07 | 1.0700 | 1.0300 | +3.9% |
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On August 5, 2026, Russel Metals Inc. (RUS.TO) reported its second-quarter earnings for the period ending June 30, 2026, showcasing a remarkable earnings per share (EPS) of CA$1.43, beating the consensus estimate of CA$1.07 by 33.6%. This performance reflects the company's strong operations and favorable market conditions, marking the third consecutive quarter of earnings beats.
Investor takeaway: Investors should note the strong revenue growth and improved margins, indicating that Russel Metals is well-positioned in a recovering industrial landscape. However, potential risks such as margin dilution from recent acquisitions and fluctuating commodity prices warrant close monitoring.
Russel Metals Reports EPS of CA$1.43, Exceeding Estimates by 33.6%
The EPS growth reflects a significant turnaround from the previous year's performance, where the company reported an EPS of CA$1.07 in Q2 2025, underscoring the effectiveness of recent strategic initiatives.
Bull case
The company achieved record quarterly revenues of CA$1.7 billion, thanks to increased shipping volumes and the successful integration of the Kloeckner acquisition, which is starting to show positive EBITDA contributions. With strong demand visibility and an annualized return on capital of 24%, Russel Metals seems to be on a solid growth path.
Bear case
Despite the strong performance, the Kloeckner acquisition is still affecting margins, and the recent drop in aluminum prices could create challenges. Additionally, the Canadian operations are lagging behind the U.S. in profitability, highlighting ongoing regional disparities that could impact overall performance.
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