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Are you looking to buy Russel Metals stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy TSE:RUS! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Russel Metals stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Russel Metals Inc., a metals distribution company, distributes steel and other metal products in North America. The company operates in three segments: Metal Service Centers, Energy Products, and Steel Distributors. The Metal Service Centers segment sells plates, flat rolled carbon, stainless steel, aluminum, and other non-ferrous specialty metal products, as well as general line steel products, such as plates, structural, bars, sheets, pipes, tubing, and hollow structural steel tubing. It also offers services, including shearing, slitting, and cutting to length; laser, oxy-fuel, and plasma cutting; stretcher and traditional leveling; beam drilling, notching, coping, and tee-splitting; tube laser processing and saw cutting; edge trimming; and cambering. This segment serves customers in industries, such as machinery and equipment manufacturing, construction, ship building, and natural resources. The Energy Products segment distributes oil country tubular goods, line pipes, tubes, valves, flanges, and fittings primarily to energy industry. The Steel Distributors segment operates as a steel distributor for steel service centers and large equipment manufactures. Russel Metals Inc. was incorporated in 1929 and is headquartered in Mississauga, Canada.
Average volume
241,481 shs
MARKET CAP
C$1.58 billion
Stock exchange
TSE
Buy this stock!
- Stephen Johnson
- May 31, 2021
- No Comments
How to buy Russel Metals stocks?
Below is a quick guide on how to buy TSE:RUS stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Russel Metals shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Russel Metals – Search for “”TSE:RUS”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Russel Metals stocks with 0% commission!.
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Is Russel Metals a buy right now?
3 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Russel Metals in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” Russel Metals stock.
What stocks does BAMagazine like better than Russel Metals?
Wall Street analysts have given Russel Metals a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Russel Metals wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Russel Metals stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing TSE:RUS stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Russel Metals stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Russel Metals stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Russel Metals stocks
Now that you’ve funded your eToro account, just type “TSE:RUS stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy TSE:RUS
All that’s left is to buy some TSE:RUS stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, TSE:RUS is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Russel Metals stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Russel Metals’ next earnings date?
Russel Metals is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for Russel Metals.
How has Russel Metals’ stock price been impacted by Coronavirus?
Russel Metals’ stock was trading at C$16.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RUS stock has increased by 52.3% and is now trading at C$25.36.
How often does Russel Metals pay dividends? What is the dividend yield for Russel Metals?
Russel Metals declared a quarterly dividend on Tuesday, November 24th. Investors of record on Tuesday, December 15th will be given a dividend of 0.38 per share on Tuesday, December 15th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date is Tuesday, November 24th.
View Russel Metals’ dividend history.
Is Russel Metals a good dividend stock?
Russel Metals pays an annual dividend of C$1.52 per share and currently has a dividend yield of 6.07%. RUS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Russel Metals is 354.31%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Russel Metals’ dividend history.
Where to Buy Russel Metals Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying TSE:RUS stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
What price target have analysts set for RUS?
3 Wall Street analysts have issued 12 month target prices for Russel Metals’ shares. Their forecasts range from C$19.00 to C$26.00. On average, they anticipate Russel Metals’ share price to reach C$23.40 in the next twelve months. This suggests that the stock has a possible downside of 7.7%.
View analysts’ price targets for Russel Metals or view top-rated stocks among Wall Street analysts.
Who are Russel Metals’ key executives?
Russel Metals’ management team includes the following people:
Mr. John Gregory Reid, CEO, Pres & Director (Age 52, Pay $2.35M)
Mr. Ryan W. MacDermid, VP of Risk Management & Legal
Ms. Marion E. Britton, Exec. VP
Mr. Martin Leb Juravsky B.Comm.(Hon), C.A., M.B.A., Chief Financial Officer (Age 57)
Ms. Lesley M. S. Coleman, VP, Controller & Assistant Sec.
Ms. Sherri Lynn McKelvey, Assistant Sec.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Who are some of Russel Metals’ key competitors?
Some companies that are related to Russel Metals include thyssenkrupp (TKA), Stelco (STLC), Ferrexpo (FXPO), Salzgitter AG (SZG.F) (SZG), Klöckner & Co SE (KCO.F) (KCO), Huadi International Group (HUDI), Tree Island Steel Ltd. (TSL.TO) (TSL), Aperam (APMSF), ArcelorMittal (MT), Atlas Iron Limited (AGO.AX) (AGO), BlueScope Steel (BLSFY), BlueScope Steel Limited (BSL.AX) (BSL), Commercial Metals (CMC), Equatorial Resources Limited (EQX.AX) (EQX) and Ferrexpo (FEEXF).
View all of RUS’s competitors.
What other stocks do shareholders of Russel Metals own?
Based on aggregate information from BAMagazine research, some companies that other Russel Metals investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada Inc. (ACQ.TO) (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy Inc. (VET.TO) (VET), The Toronto-Dominion Bank (TD.TO) (TD), Enbridge Inc. (ENB.TO) (ENB), Wheaton Precious Metals Corp. (WPM.TO) (WPM) and Open Text (OTEX).
What is Russel Metals’ stock symbol?
Russel Metals trades on the Toronto Stock Exchange (TSX) under the ticker symbol “RUS.”
How do I buy shares of Russel Metals?
Shares of RUS and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor’s Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
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What is Russel Metals’ stock price today?
One share of RUS stock can currently be purchased for approximately C$25.36.
How much money does Russel Metals make?
Russel Metals has a market capitalization of C$1.58 billion and generates C$2.86 billion in revenue each year.
How many employees does Russel Metals have?
Russel Metals employs 3,400 workers across the globe.
What is Russel Metals’ official website?
The official website for Russel Metals is www.russelmetals.com.
Where are Russel Metals’ headquarters?
Russel Metals is headquartered at 6600 Financial Dr, MISSISSAUGA, ON L5N 7J6, Canada.
How can I contact Russel Metals?
Russel Metals’ mailing address is 6600 Financial Dr, MISSISSAUGA, ON L5N 7J6, Canada. The company can be reached via phone at +1-905-8197777.
More information
At BAMagazine.com we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
Frequently asked questions
How to buy Russel Metals stock?
The safest and easiest way to buy TSE:RUS stock is by using a regulated broker like eToro. You can open an account with the platform, make a deposit and buy this stock all in under 5 minutes from start to finish. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading TSE:RUS stocks in a safe and complete environment.
Where to buy Russel Metals stock?
You will first want to find a licensed broker that supports TSE:RUS stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading TSE:RUS stocks in a safe and complete environment.
Is TSE:RUS stock a good investment?
As with any other asset, there is an element of risk associated with buying TSE:RUS stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Russel Metals stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with TSE:RUS is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Russel Metals stock.
How do you trade Russel Metals stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Russel Metals stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on TSE:RUS stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Russel Metals stock?
To sell your TSE:RUS stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Russel Metals stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading TSE:RUS stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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