Brokers Issue Forecasts for Reliance's Q3 Earnings (NYSE:RS)

Reliance, Inc. (NYSE:RS - Free Report) - Seaport Res Ptn lowered their Q3 2025 earnings per share (EPS) estimates for Reliance in a research report issued on Thursday, April 24th. Seaport Res Ptn analyst M. Englert now anticipates that the industrial products company will post earnings of $3.60 per share for the quarter, down from their previous forecast of $3.77. The consensus estimate for Reliance's current full-year earnings is $16.98 per share. Seaport Res Ptn also issued estimates for Reliance's Q4 2025 earnings at $2.87 EPS, FY2025 earnings at $14.76 EPS, Q1 2026 earnings at $4.71 EPS and Q2 2026 earnings at $5.12 EPS.

Reliance (NYSE:RS - Get Free Report) last released its earnings results on Wednesday, April 23rd. The industrial products company reported $3.77 earnings per share 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 company had revenue of $3.48 billion during the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter in the previous year, the company posted $5.30 EPS. Reliance's quarterly revenue was down 4.4% compared to the same quarter last year.

Several other research firms have also issued reports on RS. KeyCorp upped their price target on shares of Reliance from $321.00 to $327.00 and gave the company an "overweight" rating in a research report on Monday, February 24th. Wolfe Research upgraded Reliance from an "underperform" rating to a "peer perform" rating in a report on Wednesday, January 8th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $319.00.

Reliance Trading Up 1.8 %

Shares of RS traded up $5.28 during mid-day trading on Monday, reaching $295.59. The company's stock had a trading volume of 30,128 shares, compared to its average volume of 397,707. The company has a current ratio of 3.21, a quick ratio of 1.58 and a debt-to-equity ratio of 0.10. Reliance has a 52 week low of $250.07 and a 52 week high of $326.87. The company's fifty day moving average price is $282.54 and its two-hundred day moving average price is $289.50. The stock has a market cap of $15.63 billion, a PE ratio of 19.14 and a beta of 0.83.

Institutional Trading of Reliance

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wayfinding Financial LLC bought a new position in shares of Reliance in the 1st quarter worth about $30,000. Coppell Advisory Solutions LLC grew its holdings in Reliance by 224.6% in the fourth 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. Versant Capital Management Inc increased its stake in shares of Reliance by 157.8% during the fourth quarter. Versant Capital Management Inc now owns 214 shares of the industrial products company's stock valued at $58,000 after purchasing an additional 131 shares in the last quarter. Transce3nd LLC purchased a new position in shares of Reliance during the fourth quarter valued at approximately $58,000. Finally, Quarry LP boosted its position in shares of Reliance by 83.7% in the 4th quarter. Quarry LP now owns 259 shares of the industrial products company's stock worth $70,000 after purchasing an additional 118 shares in the last quarter. 79.26% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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

Reliance Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be given a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Friday, May 23rd. Reliance's payout ratio is 34.41%.

Reliance Company Profile

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.