Zacks Research Weighs in on Reliance's Q2 Earnings (NYSE:RS)

Reliance, Inc. (NYSE:RS - Free Report) - Research analysts at Zacks Research boosted their Q2 2025 earnings per share (EPS) estimates for Reliance in a research report issued to clients and investors on Tuesday, May 6th. Zacks Research analyst R. Department now anticipates that the industrial products company will earn $4.63 per share for the quarter, up from their prior forecast of $3.91. The consensus estimate for Reliance's current full-year earnings is $16.98 per share. Zacks Research also issued estimates for Reliance's Q4 2025 earnings at $3.21 EPS, FY2025 earnings at $15.28 EPS, Q1 2026 earnings at $4.78 EPS, Q2 2026 earnings at $4.74 EPS, Q4 2026 earnings at $4.70 EPS and FY2026 earnings at $18.23 EPS.

Separately, KeyCorp increased their price objective on Reliance from $321.00 to $327.00 and gave the stock an "overweight" rating in a research report on Monday, February 24th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Reliance currently has an average rating of "Hold" and an average target price of $319.00.

Reliance Trading Up 0.5%

Shares of Reliance stock traded up $1.44 during mid-day trading on Friday, hitting $300.60. The stock had a trading volume of 90,172 shares, compared to its average volume of 420,502. The firm has a 50-day moving average of $283.80 and a two-hundred day moving average of $289.86. The firm has a market cap of $15.81 billion, a P/E ratio of 19.47 and a beta of 0.91. The company has a quick ratio of 1.58, a current ratio of 3.21 and a debt-to-equity ratio of 0.10. Reliance has a 12-month low of $250.07 and a 12-month high of $326.87.

Reliance (NYSE:RS - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The industrial products company reported $3.77 EPS for the quarter, topping analysts' consensus estimates of $3.66 by $0.11. Reliance had a return on equity of 11.87% and a net margin of 6.33%. The firm had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter last year, the business posted $5.30 earnings per share. The firm's revenue was down 4.4% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. TCTC Holdings LLC grew its stake in shares of Reliance by 138.9% in the first quarter. TCTC Holdings LLC now owns 86 shares of the industrial products company's stock worth $25,000 after acquiring an additional 50 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new position in Reliance during the 1st quarter worth $29,000. Wayfinding Financial LLC purchased a new stake in Reliance during the 1st quarter worth about $30,000. Coppell Advisory Solutions LLC increased its holdings in Reliance by 224.6% during the 4th quarter. Coppell Advisory Solutions LLC now owns 185 shares of the industrial products company's stock worth $49,000 after purchasing an additional 128 shares during the period. Finally, Transce3nd LLC acquired a new stake in Reliance in the 4th quarter valued at about $58,000. Institutional investors and hedge funds own 79.26% of the company's stock.

Insider Transactions at Reliance

In other news, CEO Karla R. Lewis sold 31,136 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $300.52, for a total transaction of $9,356,990.72. Following the sale, the chief executive officer now owns 90,230 shares of the company's stock, valued at approximately $27,115,919.60. This represents a 25.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.35% of the company's stock.

Reliance Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Stockholders of record on Friday, May 23rd will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, May 23rd. Reliance's dividend payout ratio (DPR) is 34.41%.

About Reliance

Reliance, Inc operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries.