S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
S&P 500   4,701.21
DOW   35,754.75
QQQ   399.61
NYSE:RS

Reliance Steel & Aluminum Stock Forecast, Price & News

$157.00
-0.15 (-0.10%)
(As of 12/8/2021 04:00 PM ET)
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Today's Range
$156.21
$158.61
50-Day Range
$141.18
$166.83
52-Week Range
$114.26
$181.21
Volume
204,149 shs
Average Volume
362,805 shs
Market Capitalization
$9.84 billion
P/E Ratio
9.04
Dividend Yield
1.75%
Beta
0.98
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Reliance Steel & Aluminum logo

About Reliance Steel & Aluminum

Reliance Steel & Aluminum Co. engages in the provision of metals processing services and distribution of metal products. It offers alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel products. The company was founded by Thomas J. Neilan on February 3, 1939 and is headquartered in Los Angeles, CA.

Headlines

Where Reliance Steel & Aluminum Stands With Analysts
November 17, 2021 |  markets.businessinsider.com
See More Headlines

Industry, Sector and Symbol

Industry
Metals service centers & offices
Sub-Industry
Steel
CUSIP
75950910
Employees
12,800
Year Founded
1939

Sales & Book Value

Annual Sales
$8.81 billion
Cash Flow
$11.73 per share
Book Value
$93.65 per share

Profitability

Net Income
$369.10 million
Pretax Margin
12.27%

Debt

Price-To-Earnings

Miscellaneous

Free Float
60,506,000
Market Cap
$9.84 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend
11/18/2021
Dividend Payable
12/03/2021
Today
12/09/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/17/2022

Social Links


MarketRank

Overall MarketRank

2.90 out of 5 stars

Industrial Products Sector

31st out of 246 stocks

Metals Service Centers & Offices Industry

1st out of 4 stocks

Analyst Opinion: 2.3Community Rank: 4.3Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












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

Is Reliance Steel & Aluminum a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Reliance Steel & Aluminum in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Reliance Steel & Aluminum stock.
View analyst ratings for Reliance Steel & Aluminum
or view top-rated stocks.

How has Reliance Steel & Aluminum's stock price been impacted by COVID-19?

Reliance Steel & Aluminum's stock was trading at $95.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RS shares have increased by 64.4% and is now trading at $157.00.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Reliance Steel & Aluminum?

Reliance Steel & Aluminum saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 928,000 shares, an increase of 34.5% from the October 31st total of 689,900 shares. Based on an average daily volume of 338,600 shares, the short-interest ratio is presently 2.7 days. Currently, 1.5% of the shares of the company are sold short.
View Reliance Steel & Aluminum's Short Interest
.

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

Reliance Steel & Aluminum is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
View our earnings forecast for Reliance Steel & Aluminum
.

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

Reliance Steel & Aluminum Co. (NYSE:RS) issued its quarterly earnings data on Wednesday, October, 27th. The industrial products company reported $6.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.95 by $0.20. The industrial products company earned $3.85 billion during the quarter, compared to analysts' expectations of $3.75 billion. Reliance Steel & Aluminum had a net margin of 9.16% and a trailing twelve-month return on equity of 20.36%. Reliance Steel & Aluminum's quarterly revenue was up 84.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.87 EPS.
View Reliance Steel & Aluminum's earnings history
.

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 Tuesday, October 26th. Investors of record on Friday, November 19th will be given a dividend of $0.688 per share on Friday, December 3rd. This represents a $2.75 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Thursday, November 18th.
View Reliance Steel & Aluminum's dividend history
.

Is Reliance Steel & Aluminum a good dividend stock?

Reliance Steel & Aluminum pays an annual dividend of $2.75 per share and currently has a dividend yield of 1.75%. Reliance Steel & Aluminum has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Reliance Steel & Aluminum is 15.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Reliance Steel & Aluminum will have a dividend payout ratio of 19.38% next year. This indicates that Reliance Steel & Aluminum will be able to sustain or increase its dividend.
View Reliance Steel & Aluminum's dividend history.

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

Reliance Steel & Aluminum updated its fourth quarter 2021 earnings guidance on Thursday, November, 4th. The company provided earnings per share guidance of $5.050-$5.150 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.690. The company issued revenue guidance of -.

What price target have analysts set for RS?

8 brokerages have issued twelve-month target prices for Reliance Steel & Aluminum's stock. Their forecasts range from $158.00 to $200.00. On average, they anticipate Reliance Steel & Aluminum's stock price to reach $177.71 in the next year. This suggests a possible upside of 13.2% from the stock's current price.
View analysts' price targets for Reliance Steel & Aluminum
or view top-rated stocks among Wall Street analysts.

Who are Reliance Steel & Aluminum's key executives?

Reliance Steel & Aluminum's management team includes the following people:
  • James Donald Hoffman, Chief Executive Officer & Director
  • Karla Renee Lewis, President & Director
  • Arthur Ajemyan, Chief Financial Officer & Senior Vice President
  • Suzanne M. Bonner, Chief Information Officer & Vice President
  • William Arthur Smith, Secretary, Senior Vice President & General Counsel

What is David H. Hannah's approval rating as Reliance Steel & Aluminum's CEO?

21 employees have rated Reliance Steel & Aluminum CEO David H. Hannah on Glassdoor.com. David H. Hannah has an approval rating of 86% among Reliance Steel & Aluminum's employees.

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), Chipotle Mexican Grill (CMG), Endologix (ELGX), Athabasca Oil (ATH), Micron Technology (MU), Accenture (ACN), Boeing (BA), NIC (EGOV) and Honeywell International (HON).

What is Reliance Steel & Aluminum's stock symbol?

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

Who are Reliance Steel & Aluminum's major shareholders?

Reliance Steel & Aluminum's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.09%), Dimensional Fund Advisors LP (3.52%), Wellington Management Group LLP (3.44%), Victory Capital Management Inc. (2.89%), Lord Abbett & CO. LLC (2.01%) and LSV Asset Management (1.98%). Company insiders that own Reliance Steel & Aluminum stock include Arthur Ajemyan, James Donald Hoffman, Karla R Lewis, Michael Patrick Shanley, Stephen Paul Koch and William A Smith II.
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 Alliancebernstein L.P., Invesco Ltd., Geode Capital Management LLC, Panagora Asset Management Inc., Schroder Investment Management Group, Skandinaviska Enskilda Banken AB publ , Jane Street Group LLC, and Assenagon Asset Management S.A.. Company insiders that have sold Reliance Steel & Aluminum company stock in the last year include James Donald Hoffman, Karla R Lewis, and William A Smith II.
View insider buying and selling activity for Reliance Steel & Aluminum
or view top insider-selling stocks.

Which major investors are buying Reliance Steel & Aluminum stock?

RS stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Victory Capital Management Inc., Allianz Asset Management GmbH, Millennium Management LLC, Man Group plc, Liontrust Investment Partners LLP, Lodge Hill Capital LLC, and Natixis.
View insider buying and selling activity for Reliance Steel & Aluminum
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

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

One share of RS stock can currently be purchased for approximately $157.00.

How much money does Reliance Steel & Aluminum make?

Reliance Steel & Aluminum has a market capitalization of $9.84 billion and generates $8.81 billion in revenue each year. The industrial products company earns $369.10 million in net income (profit) each year or $17.36 on an earnings per share basis.

How many employees does Reliance Steel & Aluminum have?

Reliance Steel & Aluminum employs 12,800 workers across the globe.

Does Reliance Steel & Aluminum have any subsidiaries?

The following companies are subsidiares of Reliance Steel & Aluminum: AMI Metals Aero Services Ankara Havacılık Anonim Şirketi, AMI Metals Europe SPRL, AMI Metals Inc., AMI Metals UK Limited, Acero Prime S. de R.L. de C.V., Airport Metals, Alaska Steel Company, Alaska Steel Company, Aleaciones Especiales de Mexico S. de R.L. de C.V., All Metal Services (Malaysia) Sdn. Bhd., All Metal Services India Private Limited, All Metal Services Limited, All Metal Services Ltd. (Xi’an), All Metals Holding, All Metals Processing & Logistics Inc., All Metals Transportation and Logistics Inc., Allegheny Steel Distributors Inc., American Metals Corporation, Best Manufacturing Inc., Bralco Metals (Australia) Pty Ltd, CCC Steel Inc., Chapel Steel Canada Ltd., Chapel Steel Corp., Chatham Steel Corporation, Clayton Metals Inc., Continental Alloys & Services (Malaysia) Sdn. Bhd., Continental Alloys & Services Limited, Continental Alloys & Services Pte. Ltd., Continental Alloys Middle East FZE, Crest Steel Corporation, Delta Steel Inc., Diamond Manufacturing Company, DuBose National Energy Fasteners & Machined Parts, DuBose National Energy Fasteners & Machined Parts Inc., DuBose National Energy Services, DuBose National Energy Services Inc., Durrett Sheppard Steel Co. Inc., Earle M. Jorgensen Company, FastMetals Inc., Feralloy Corporation, Ferguson Perforating Company, Ferguson Perforating Company, Fox Metals And Alloys, Fox Metals and Alloys Inc., Fry Steel, Fry Steel Company, GH Metal Solutions, GH Metal Solutions Inc., Haskins Steel, Infra-Metals Co., KMS FAB LLC, KMS Fab, KMS South, KMS South Inc., Liebovich Bros. Inc., McKey Perforating, Merfish United, Metals USA, Metals USA Inc., Metalweb Limited, National Specialty Alloys, National Specialty Alloys Inc., Northern Illinois Steel Supply, Northern Illinois Steel Supply Co., PDM Steel Service Centers Inc., Pacific Metal Company, Phoenix Corporation, Precision Flamecutting and Steel Inc., Precision Strip Inc., Reliance Metalcenter Asia Pacific Pte. Ltd., Reliance Metals Canada Limited, Service Steel Aerospace Corp., Siskin Steel & Supply Company Inc., Sugar Steel Corporation, Sunbelt Steel Texas, Tubular Steel, Tubular Steel Inc., Valex Corp., Valex Korea Co. Ltd., Valex Semiconductor Materials (Zhejiang) Co. Ltd., Viking Materials Inc., and Yarde Metals Inc..

When was Reliance Steel & Aluminum founded?

Reliance Steel & Aluminum was founded in 1939.

What is Reliance Steel & Aluminum's official website?

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

Where are Reliance Steel & Aluminum's headquarters?

Reliance Steel & Aluminum is headquartered at 350 South Grand Avenue Suite 5100, LOS ANGELES CA, 90071.

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, via email at [email protected], or via fax at 213-687-8792.


This page was last updated on 12/9/2021 by MarketBeat.com Staff

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