TSE:RUS

Russel Metals (RUS.TO)

62.07
-1.88 (2.94%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
253 watching
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Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Russel Metals (RUS-T) is capturing attention as it benefits from the ongoing shift towards hard assets and significant infrastructure development in Canada. Experts note its solid history and reputation for navigating economic downturns with resilience, despite a past dividend cut. The company boasts a decent dividend yield exceeding 4% and has showcased improving cash flow and balance sheet conditions, although tariff uncertainties pose potential risks. Analysts highlight its expanded presence in the U.S., which mitigates tariff impacts, and praise its management and capital allocation strategies. Price targets suggest there's further upside potential as the stock nears critical resistance levels.

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Consensus
Positive
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Valuation
Fair Value
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COMMENT
Likes this, but is a little bit cautious on it. Long-term it is a great hold. If you own, you could add a little bit here, otherwise wait. Almost 7% yield.
PAST TOP PICK
(A Top Pick May 5/08. Down 51.06%.) Steel service centres. Sold his holdings after the Lehman failure. Back on his radar screen.
DON'T BUY
Is a risky end of the market. Have not yet seen a rebound in cars or manufacturing, yet investors are willing to go back into this company. Doesn’t think dividend is safe. Wait for evidence that manufacturing is growing.
COMMENT
Essentially a distributor of steel products. Drilling pipe for Western Canada has really backed off. Cut the dividend but still has excellent yield of 9%. Good cash flow. Any kind of a pickup in Western Canada will improve their sales.
HOLD
(Market Call Minute.) Has been beaten up.
BUY
(Market Call Minute.) He is getting ready to buy this. Has a pretty good dividend. Very well-managed.
PAST TOP PICK
(A Top Pick April 3/08. Down 59% but up 18% June 13 as recommended.) Sector is showing early signs of trying to bottom. Will probably be a MACD Buy signal today or tomorrow.
DON'T BUY
Not only are they in the steel industry but also just cut the dividend. Pushing up against some of their covenants in their debt agreements, which they should be able to work out with the bank but it could lead to another dividend cut. Until auto companies start ramping up again you want to sit on the sidelines.
BUY
Thinks dividend is safe. Paid it through the last downturn and are very clear in saying they will do it again. Have enough free cash flow to do it. Businesses that use their metals are going to be weak because of the general economy. Probably a good entry point because you get paid to wait.
SELL ON STRENGTH
9.5% dividend. Growth ranks fairly well in his model and is in the top 15% of his database. Earnings estimates have been chopped by about 30% in the last 30 days. He is expecting a market rally in this company would benefit. He would view that as an opportunity to Sell.
BUY
Excellent company. Paid out exceptional dividends when they have had a really good year so dividends may be lower than last year. Should benefit from any infrastructure play.
COMMENT
Steel distributor, not manufacturing. Very well run company and the balance sheet is in good shape. Will benefit from a volume pickup if the infrastructures spend occurs. Dividend should be sustainable. If you want to play steel, you are better off owning a steel producer.
BUY
RUS Beaten up. Earnings outlook for 2009 is quite low. Unique in that they are counter cyclical. In this recession they are drawing down inventory so cash flow is quite strong and allow them to support the dividend for a good 2 to 3 years. 9% yield.
DON'T BUY
Over 8% yield. An economically sensitive company. With auto parts industry and manufacturing in general falling, feels the stock and dividend are vulnerable.
COMMENT
(Market Call Minute.) In this sector, it would be a Buy. Great dividend.
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