NYSE:RS - Reliance Steel & Aluminum Stock Price, News, Headlines & Rumors

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$85.93 -1.77 (-2.02 %)
(As of 08/15/2018 04:00 PM ET)
Previous Close$87.70
Today's Range$84.61 - $86.61
52-Week Range$68.46 - $97.41
Volume457,553 shs
Average Volume503,777 shs
Market Capitalization$6.41 billion
P/E Ratio15.74
Dividend Yield2.28%
Beta1.19
Reliance Steel & Aluminum logoReliance Steel & Aluminum Co. operates as a metals service center company in the United States and internationally. The company provides steel, aluminum, stainless, and specialty metals and related processing services to customers in various industries, such as infrastructure and energy; fabricates steel and aluminum products; and provides various precision fabrication services, including laser cutting, shearing, computer numerated control (CNC) punching, and CNC forming and rolling, as well as welding, assembly, painting, inventory management, and engineering expertise. It also manufactures metal parts that have applications in various end markets, including industrial machinery, automotive, aerospace, sugar products, and consumer electronics manufacturers. In addition, it distributes and processes carbon, alloy and stainless steel pipe, tubing, and bar products. The company sells directly to large original equipment manufacturer customers, as well as to small machine shops and fabricators. Reliance Steel & Aluminum Co. was founded in 1939 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Metals service centers & offices
Sub-IndustrySteel
SectorIndustrial Products
SymbolNYSE:RS
CUSIP75950910
Phone213-687-7700

Debt

Debt-to-Equity Ratio0.39
Current Ratio4.06
Quick Ratio1.76

Price-To-Earnings

Trailing P/E Ratio15.74
Forward P/E Ratio8.72
P/E Growth1

Sales & Book Value

Annual Sales$9.72 billion
Price / Sales0.64
Cash Flow$8.2308 per share
Price / Cash10.44
Book Value$64.46 per share
Price / Book1.33

Profitability

EPS (Most Recent Fiscal Year)$5.44
Net Income$613.40 million
Net Margins7.55%
Return on Equity12.29%
Return on Assets7.24%

Miscellaneous

Employees14,900
Outstanding Shares72,350,000
Market Cap$6.41 billion

Reliance Steel & Aluminum (NYSE:RS) Frequently Asked Questions

What is Reliance Steel & Aluminum's stock symbol?

Reliance Steel & Aluminum trades on the New York Stock Exchange (NYSE) under the ticker symbol "RS."

How often does Reliance Steel & Aluminum pay dividends? What is the dividend yield for Reliance Steel & Aluminum?

Reliance Steel & Aluminum declared a quarterly dividend on Friday, July 27th. Investors of record on Friday, August 17th will be given a dividend of $0.50 per share on Friday, September 7th. This represents a $2.00 annualized dividend and a dividend yield of 2.33%. The ex-dividend date is Thursday, August 16th. View Reliance Steel & Aluminum's Dividend History.

How were Reliance Steel & Aluminum's earnings last quarter?

Reliance Steel & Aluminum Co (NYSE:RS) posted its quarterly earnings results on Thursday, July, 26th. The industrial products company reported $3.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.75 by $0.35. The industrial products company had revenue of $2.99 billion for the quarter. Reliance Steel & Aluminum had a net margin of 7.55% and a return on equity of 12.29%. The company's revenue was up 20.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.40 EPS. View Reliance Steel & Aluminum's Earnings History.

When is Reliance Steel & Aluminum's next earnings date?

Reliance Steel & Aluminum is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Reliance Steel & Aluminum.

What guidance has Reliance Steel & Aluminum issued on next quarter's earnings?

Reliance Steel & Aluminum updated its third quarter earnings guidance on Thursday, July, 26th. The company provided earnings per share guidance of $2.65-2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.15.

What price target have analysts set for RS?

10 brokers have issued 1-year price targets for Reliance Steel & Aluminum's stock. Their predictions range from $72.00 to $112.00. On average, they expect Reliance Steel & Aluminum's share price to reach $98.1429 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for Reliance Steel & Aluminum.

What is the consensus analysts' recommendation for Reliance Steel & Aluminum?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reliance Steel & Aluminum in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Reliance Steel & Aluminum.

Who are some of Reliance Steel & Aluminum's key competitors?

Some companies that are related to Reliance Steel & Aluminum include MITSUBISHI Corp/S (MSBHY), MARUBENI Corp/ADR (MARUY), Ryerson (RYI), L.B. Foster (FSTR) and Olympic Steel (ZEUS).

Who are Reliance Steel & Aluminum's key executives?

Reliance Steel & Aluminum's management team includes the folowing people:
  • Mr. Gregg J. Mollins, CEO, Pres & Director (Age 63)
  • Ms. Karla R. Lewis, CFO & Sr. EVP (Age 52)
  • Mr. James D. Hoffman, COO & Exec. VP (Age 59)
  • Mr. William K. Sales Jr., Exec. VP of Operations (Age 61)
  • Mr. Stephen P. Koch, Sr. VP of Operations (Age 51)

Has Reliance Steel & Aluminum been receiving favorable news coverage?

Media headlines about RS stock have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Reliance Steel & Aluminum earned a daily sentiment score of 0.16 on Accern's scale. They also assigned news coverage about the industrial products company an impact score of 48.12 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. View Recent Headlines for Reliance Steel & Aluminum.

Who are Reliance Steel & Aluminum's major shareholders?

Reliance Steel & Aluminum's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.51%), Victory Capital Management Inc. (4.26%), Dimensional Fund Advisors LP (3.57%), Acadian Asset Management LLC (2.26%), Royce & Associates LP (1.42%) and LSV Asset Management (1.33%). Company insiders that own Reliance Steel & Aluminum stock include Andrew G Sharkey III, David H Hannah, Douglas M Hayes, Gregg J Mollins, James Donald Hoffman, Karla R Lewis, Mark V Kaminski, Michael Patrick Shanley, Stephen Paul Koch, Thomas W Gimbel, William A Smith II and William K Sales Jr. View Institutional Ownership Trends for Reliance Steel & Aluminum.

Which major investors are selling Reliance Steel & Aluminum stock?

RS stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Jennison Associates LLC, Victory Capital Management Inc., FMR LLC, Canada Pension Plan Investment Board, Federated Investors Inc. PA, Bank of America Corp DE and Barings LLC. Company insiders that have sold Reliance Steel & Aluminum company stock in the last year include Andrew G Sharkey III, David H Hannah, Douglas M Hayes, Gregg J Mollins, James Donald Hoffman, Mark V Kaminski, Michael Patrick Shanley, Stephen Paul Koch, Thomas W Gimbel and William A Smith II. View Insider Buying and Selling for Reliance Steel & Aluminum.

Which major investors are buying Reliance Steel & Aluminum stock?

RS stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Assenagon Asset Management S.A., Acadian Asset Management LLC, Point72 Asset Management L.P., BlackRock Inc., Scopus Asset Management L.P., Luminus Management LLC and Renaissance Technologies LLC. View Insider Buying and Selling for Reliance Steel & Aluminum.

How do I buy shares of Reliance Steel & Aluminum?

Shares of RS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Reliance Steel & Aluminum's stock price today?

One share of RS stock can currently be purchased for approximately $85.93.

How big of a company is Reliance Steel & Aluminum?

Reliance Steel & Aluminum has a market capitalization of $6.41 billion and generates $9.72 billion in revenue each year. The industrial products company earns $613.40 million in net income (profit) each year or $5.44 on an earnings per share basis. Reliance Steel & Aluminum employs 14,900 workers across the globe.

How can I contact Reliance Steel & Aluminum?

Reliance Steel & Aluminum's mailing address is 350 South Grand Avenue Suite 5100, LOS ANGELES CA, 90071. The industrial products company can be reached via phone at 213-687-7700 or via email at [email protected]


MarketBeat Community Rating for Reliance Steel & Aluminum (NYSE RS)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  354 (Vote Outperform)
Underperform Votes:  357 (Vote Underperform)
Total Votes:  711
MarketBeat's community ratings are surveys of what our community members think about Reliance Steel & Aluminum and other stocks. Vote "Outperform" if you believe RS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/15/2018 by MarketBeat.com Staff

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