Reliance (NYSE:RS) Updates Q3 2025 Earnings Guidance

Reliance (NYSE:RS - Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.600-3.800 for the period, compared to the consensus earnings per share estimate of 4.356. The company issued revenue guidance of -.

Reliance Stock Up 1.7%

Shares of NYSE RS traded up $4.99 during mid-day trading on Friday, hitting $306.32. The company had a trading volume of 761,037 shares, compared to its average volume of 411,145. The company has a market capitalization of $16.11 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 1.51 and a beta of 0.89. The firm has a 50-day simple moving average of $313.48 and a two-hundred day simple moving average of $295.49. The company has a current ratio of 3.17, a quick ratio of 1.58 and a debt-to-equity ratio of 0.15. Reliance has a one year low of $250.07 and a one year high of $347.43.

Reliance (NYSE:RS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The industrial products company reported $4.43 EPS for the quarter, missing analysts' consensus estimates of $4.72 by ($0.29). Reliance had a return on equity of 10.48% and a net margin of 5.39%. The business had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.66 billion. During the same quarter in the previous year, the business posted $4.65 EPS. The company's revenue for the quarter was up .5% on a year-over-year basis. On average, equities analysts expect that Reliance will post 16.98 EPS for the current year.

Reliance Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be issued a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date is Friday, August 15th. Reliance's payout ratio is currently 35.04%.

Hedge Funds Weigh In On Reliance

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. grew its holdings in Reliance by 99.2% during the first quarter. Geneos Wealth Management Inc. now owns 263 shares of the industrial products company's stock worth $76,000 after purchasing an additional 131 shares during the period. Empowered Funds LLC grew its holdings in Reliance by 4.8% during the first quarter. Empowered Funds LLC now owns 5,662 shares of the industrial products company's stock worth $1,635,000 after purchasing an additional 258 shares during the period. Finally, Royal Bank of Canada grew its holdings in Reliance by 6.6% during the first quarter. Royal Bank of Canada now owns 15,111 shares of the industrial products company's stock worth $4,364,000 after purchasing an additional 940 shares during the period. Institutional investors own 79.26% of the company's stock.

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.