Log in

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

$110.95
+1.55 (+1.42 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$107.79
Now: $110.95
$111.97
50-Day Range
$109.40
MA: $117.38
$121.50
52-Week Range
$82.62
Now: $110.95
$122.17
Volume887,556 shs
Average Volume407,212 shs
Market Capitalization$7.40 billion
P/E Ratio10.74
Dividend Yield2.01%
Beta1.28
Reliance Steel & Aluminum Co operates as a metals service center company. The company provides alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products and related processing services to general manufacturing, non-residential construction, transportation, aerospace and defense, energy, electronics and semiconductor fabrication, auto, and heavy industries. Read More…

Industry, Sector and Symbol

Industry Metals service centers & offices
Sub-IndustrySteel
SectorIndustrial Products
CUSIP75950910
Phone213-687-7700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.97 billion
Cash Flow$14.01 per share
Book Value$78.22 per share

Profitability

Net Income$633.70 million

Miscellaneous

Employees15,600
Market Cap$7.40 billion
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable

Receive RS News and Ratings via Email

Sign-up to receive the latest news and ratings for RS and its competitors with MarketBeat's FREE daily newsletter.


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 announced a quarterly dividend on Tuesday, February 18th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.625 per share on Friday, March 27th. This represents a $2.50 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Thursday, March 12th. This is a boost from Reliance Steel & Aluminum's previous quarterly dividend of $0.55. View Reliance Steel & Aluminum's Dividend History.

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

Reliance Steel & Aluminum Co (NYSE:RS) announced its quarterly earnings results on Thursday, February, 20th. The industrial products company reported $2.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.73 by $0.71. The industrial products company had revenue of $2.45 billion for the quarter, compared to analyst estimates of $2.49 billion. Reliance Steel & Aluminum had a net margin of 6.39% and a return on equity of 13.98%. The company's quarterly revenue was down 13.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.08 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, April 23rd 2020. View Earnings Estimates for Reliance Steel & Aluminum.

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

Reliance Steel & Aluminum issued an update on its first quarter earnings guidance on Thursday, February, 20th. The company provided EPS guidance of $2.00-2.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.39.

What price target have analysts set for RS?

9 analysts have issued 1 year price objectives for Reliance Steel & Aluminum's shares. Their forecasts range from $76.00 to $122.00. On average, they anticipate Reliance Steel & Aluminum's stock price to reach $109.11 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for Reliance Steel & Aluminum.

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

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reliance Steel & Aluminum in the last year. There are currently 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Reliance Steel & Aluminum.

Has Reliance Steel & Aluminum been receiving favorable news coverage?

News articles about RS stock have trended somewhat negative this week, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Reliance Steel & Aluminum earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Reliance Steel & Aluminum.

Are investors shorting Reliance Steel & Aluminum?

Reliance Steel & Aluminum saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 2,040,000 shares, a decrease of 9.7% from the January 15th total of 2,260,000 shares. Based on an average daily trading volume, of 503,500 shares, the days-to-cover ratio is presently 4.1 days. Approximately 3.2% of the company's stock are sold short. View Reliance Steel & Aluminum's Current Options Chain.

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

What other stocks do shareholders of Reliance Steel & Aluminum own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Reliance Steel & Aluminum investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Transocean (RIG), Aegean Marine Petroleum Network (ANW), Workday (WDAY) and Unilever (UL).

Who are Reliance Steel & Aluminum's key executives?

Reliance Steel & Aluminum's management team includes the folowing people:
  • Mr. James D. Hoffman, Pres & CEO (Age 60)
  • Ms. Karla R. Lewis, CFO & Sr. EVP (Age 53)
  • Mr. William K. Sales Jr., Exec. VP of Operations (Age 62)
  • Mr. Stephen P. Koch, Sr. VP of Operations (Age 52)
  • Mr. Michael P. Shanley, Sr. VP of Operations (Age 61)

Who are Reliance Steel & Aluminum's major shareholders?

Reliance Steel & Aluminum's stock is owned by a number of of institutional and retail investors. Top institutional investors include Victory Capital Management Inc. (3.15%), Victory Capital Management Inc. (3.13%), State Street Corp (2.93%), Acadian Asset Management LLC (2.21%), FMR LLC (1.87%) and Bank of New York Mellon Corp (1.75%). Company insiders that own Reliance Steel & Aluminum stock include Andrew G Sharkey III, Arthur Ajemyan, David H Hannah, Douglas M Hayes, Gregg J Mollins, James Donald Hoffman, Jeffrey Wayne Durham, Karla R Lewis, Mark V Kaminski, Michael Patrick Shanley, Stephen Paul Koch, Thomas W Gimbel and William A Smith II. View Institutional Ownership Trends for Reliance Steel & Aluminum.

Which institutional investors are selling Reliance Steel & Aluminum stock?

RS stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Poplar Forest Capital LLC, Schroder Investment Management Group, Lord Abbett & CO. LLC, Renaissance Technologies LLC, Franklin Resources Inc. and South Dakota Investment Council. Company insiders that have sold Reliance Steel & Aluminum company stock in the last year include Andrew G Sharkey III, Arthur Ajemyan, Gregg J Mollins, James Donald Hoffman, Jeffrey Wayne Durham, Karla R Lewis, Michael Patrick Shanley, Stephen Paul Koch and William A Smith II. View Insider Buying and Selling for Reliance Steel & Aluminum.

Which institutional investors are buying Reliance Steel & Aluminum stock?

RS stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, New York State Common Retirement Fund, Acadian Asset Management LLC, Amundi Pioneer Asset Management Inc., Denali Advisors LLC, Skandinaviska Enskilda Banken AB publ , Mackay Shields LLC and Man Group plc. 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, Robinhood, Fidelity and Charles Schwab.

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

One share of RS stock can currently be purchased for approximately $110.95.

How big of a company is Reliance Steel & Aluminum?

Reliance Steel & Aluminum has a market capitalization of $7.40 billion and generates $10.97 billion in revenue each year. The industrial products company earns $633.70 million in net income (profit) each year or $10.34 on an earnings per share basis. Reliance Steel & Aluminum employs 15,600 workers across the globe.View Additional Information About Reliance Steel & Aluminum.

What is Reliance Steel & Aluminum's official website?

The official website for Reliance Steel & Aluminum is http://www.rsac.com/.

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:  2.4 out of 5 (star star)
Outperform Votes:  426 (Vote Outperform)
Underperform Votes:  449 (Vote Underperform)
Total Votes:  875
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 2/23/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel