Reliance (NYSE:RS) Issues Q4 2026 Earnings Guidance

Key Points

• Reliance guided for Q4 2026 EPS of $7.40–$7.60, well above the analyst consensus estimate of $5.83.
• The company’s latest quarter also exceeded expectations, reporting $8.02 EPS versus $6.83 expected and revenue of $5.21 billion, up 42.8% year over year.
• Reliance declared a quarterly dividend of $1.25, equal to $5.00 annually and a 1.2% yield; analysts maintain a consensus “Hold” rating with an average price target of $391.57.

Reliance (NYSE:RS - Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 7.400-7.600 for the period, compared to the consensus estimate of 5.830.

Reliance Trading Up 1.5%

Shares of Reliance stock traded up $6.36 on Friday, hitting $424.28. The stock had a trading volume of 30,657 shares, compared to its average volume of 340,661. The stock has a market cap of $21.66 billion, a price-to-earnings ratio of 24.75, a PEG ratio of 0.96 and a beta of 0.95. The stock's 50-day simple moving average is $397.76 and its two-hundred day simple moving average is $385.39. The company has a quick ratio of 2.27, a current ratio of 4.30 and a debt-to-equity ratio of 0.22. Reliance has a one year low of $263.12 and a one year high of $435.00.

Reliance (NYSE:RS - Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The industrial products company reported $8.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.83 by $1.19. Reliance had a return on equity of 15.57% and a net margin of 6.38%. The business had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $4.74 billion. During the same quarter in the prior year, the company earned $3.64 earnings per share. The firm's quarterly revenue was up 42.8% compared to the same quarter last year. As a group, sell-side analysts predict that Reliance will post 23.70 EPS for the current year.

Reliance Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 20th will be paid a $1.25 dividend. The ex-dividend date is Friday, November 20th. This represents a $5.00 dividend on an annualized basis and a yield of 1.2%. Reliance's payout ratio is presently 29.07%.

Wall Street Analysts Forecast Growth

RS has been the subject of a number of analyst reports. Barclays began coverage on shares of Reliance in a research note on Wednesday, October 14th. They set an "equal weight" rating and a $420.00 price objective for the company. Wells Fargo & Company increased their price target on shares of Reliance from $391.00 to $420.00 and gave the company an "equal weight" rating in a report on Thursday. BMO Capital Markets raised their price target on shares of Reliance from $390.00 to $415.00 and gave the company a "market perform" rating in a research report on Monday, July 27th. Citigroup restated a "neutral" rating on shares of Reliance in a report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. upped their price objective on Reliance from $390.00 to $400.00 and gave the company a "neutral" rating in a research report on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $391.57.

Insiders Place Their Bets

In other news, CFO Arthur Ajemyan sold 2,200 shares of the firm's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $410.11, for a total transaction of $902,242.00. Following the sale, the chief financial officer directly owned 14,640 shares in the company, valued at $6,004,010.40. This trade represents a 13.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP William A. Smith II sold 2,353 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $414.21, for a total transaction of $974,636.13. Following the sale, the senior vice president directly owned 19,394 shares of the company's stock, valued at approximately $8,033,188.74. This trade represents a 10.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is currently owned by insiders.

Reliance Company Profile

Reliance, Inc NYSE: RS is a diversified metals service center company that supplies processed metal products and related services to industrial manufacturers, fabricators, and other commercial customers. Its product offerings include carbon steel, stainless steel, aluminum, copper, brass, and other specialty metals.

The company provides value-added processing services such as cutting, slitting, leveling, blanking, machining, forming, and precision sawing. These services allow customers to purchase metals in customized sizes and specifications, helping reduce their need for in-house processing and inventory management.

Founded in 1939, Reliance serves a broad range of industries, including nonresidential construction, transportation, aerospace and defense, energy, electronics, machinery, and general manufacturing.

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