Reliance (RS) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Reliance (NYSE: RS) will report Q1 2026 results after the close on April 22; analysts expect $4.63 EPS on $3.8911 billion revenue and the company guided EPS of $4.50–$4.70, with an earnings call on April 23 at 11:00 AM ET.
• In the prior quarter Reliance reported $2.40 EPS (missing estimates) while revenue rose 11.9% year-over-year, and analysts forecast about $17 EPS for the current fiscal year with a consensus price target near $324.80.
• Reliance raised its quarterly dividend to $1.25 (annualized $5.00, ~1.5% yield) and has seen notable insider sales by senior executives, even as institutional investors hold roughly 79% of the stock.

Reliance (NYSE:RS - Get Free Report) is projected to announce its Q1 2026 results after the market closes on Wednesday, April 22nd. Analysts expect Reliance to post earnings of $4.63 per share and revenue of $3.8911 billion for the quarter. Reliance has set its Q1 2026 guidance at 4.500-4.70 EPS. Individuals are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 23, 2026 at 11:00 AM ET.

Reliance (NYSE:RS - Get Free Report) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.80 by ($0.40). The company had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.45 billion. Reliance had a return on equity of 10.45% and a net margin of 5.17%.The firm's revenue for the quarter was up 11.9% on a year-over-year basis. During the same period last year, the firm earned $2.22 earnings per share. On average, analysts expect Reliance to post $17 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Reliance Stock Down 0.3%

Shares of Reliance stock opened at $323.39 on Wednesday. The firm has a market capitalization of $16.73 billion, a PE ratio of 23.15, a price-to-earnings-growth ratio of 1.26 and a beta of 0.88. Reliance has a 12-month low of $260.31 and a 12-month high of $365.59. The company has a quick ratio of 2.30, a current ratio of 4.88 and a debt-to-equity ratio of 0.20. The stock's fifty day moving average is $317.05 and its 200-day moving average is $299.76.

Reliance Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were given a dividend of $1.25 per share. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from Reliance's previous quarterly dividend of $1.20. This represents a $5.00 annualized dividend and a yield of 1.5%. Reliance's payout ratio is presently 35.79%.

Insider Buying and Selling

In related news, SVP William A. Smith II sold 6,615 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $298.61, for a total transaction of $1,975,305.15. Following the sale, the senior vice president directly owned 21,747 shares in the company, valued at $6,493,871.67. This represents a 23.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Stephen Paul Koch sold 24,060 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $321.62, for a total value of $7,738,177.20. Following the sale, the chief operating officer owned 14,021 shares in the company, valued at approximately $4,509,434.02. This trade represents a 63.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.40% of the company's stock.

Institutional Investors Weigh In On Reliance

Several hedge funds and other institutional investors have recently made changes to their positions in RS. Boston Partners increased its stake in shares of Reliance by 27.5% in the 3rd quarter. Boston Partners now owns 2,247,603 shares of the industrial products company's stock valued at $631,224,000 after buying an additional 484,286 shares during the period. Wellington Management Group LLP lifted its holdings in Reliance by 25.2% during the third quarter. Wellington Management Group LLP now owns 1,708,756 shares of the industrial products company's stock worth $479,870,000 after acquiring an additional 343,598 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in Reliance by 1,018.9% during the fourth quarter. Corient Private Wealth LLC now owns 341,827 shares of the industrial products company's stock worth $98,744,000 after acquiring an additional 311,276 shares in the last quarter. State Street Corp lifted its holdings in Reliance by 6.8% during the third quarter. State Street Corp now owns 2,597,755 shares of the industrial products company's stock worth $729,528,000 after acquiring an additional 166,214 shares in the last quarter. Finally, Balyasny Asset Management L.P. lifted its holdings in Reliance by 273.9% during the second quarter. Balyasny Asset Management L.P. now owns 155,914 shares of the industrial products company's stock worth $48,941,000 after acquiring an additional 114,215 shares in the last quarter. 79.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

RS has been the topic of several recent analyst reports. Wall Street Zen raised Reliance from a "hold" rating to a "buy" rating in a research report on Saturday. JPMorgan Chase & Co. upped their price target on Reliance from $330.00 to $340.00 and gave the stock a "neutral" rating in a research note on Tuesday. BMO Capital Markets downgraded Reliance from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $340.00 to $320.00 in a research note on Friday, February 20th. Zacks Research upgraded Reliance from a "strong sell" rating to a "hold" rating in a research note on Tuesday, February 3rd. Finally, KeyCorp began coverage on Reliance in a research note on Wednesday, March 25th. They set an "overweight" rating and a $341.00 target price for the company. One analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $324.80.

Reliance Company Profile

Reliance Steel & Aluminum Co NYSE: RS is a leading metals service center company that distributes and processes a broad array of metal products. The company offers cut-to-length, shearing, blanking, sawing, bending, machining and value-added services for carbon and alloy steel, stainless steel, aluminum, brass, titanium and specialty metal alloys. Its products serve diverse end markets, including energy, infrastructure, general manufacturing, transportation, aerospace and defense.

Founded in 1939 in Los Angeles, Reliance Steel & Aluminum has grown through a combination of organic expansion and strategic acquisitions.

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