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DOW   30,814.26
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:RS

Reliance Steel & Aluminum Stock Forecast, Price & News

$127.63
-4.31 (-3.27 %)
(As of 01/15/2021 08:00 PM ET)
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Today's Range
$126.89
Now: $127.63
$130.29
50-Day Range
$117.51
MA: $122.26
$135.21
52-Week Range
$70.57
Now: $127.63
$135.33
Volume9,794 shs
Average Volume438,460 shs
Market Capitalization$8.14 billion
P/E Ratio18.23
Dividend Yield1.96%
Beta1.1
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 processing services to general manufacturing, non-residential construction, transportation, aerospace and defense, energy, electronics and semiconductor fabrication, and heavy industries. It also offers precision sheet metal fabrication services, including laser cutting, stamping, turret punching, machining, and powder coating and welding; and toll processing and logistics services. In addition, the company manufactures metal parts that have applications in various end markets, including industrial machinery, automotive, aerospace, sugar products, and consumer electronics manufacturers. As of December 31, 2019, it operated approximately 300 metals service center processing and distribution facilities in 40 states in the United States and 13 in other countries. The company sells its products directly to large original equipment manufacturers, and small machine shops and fabricators, as well as through www.fastmetals.com, an e-commerce platform. It operates in the United States, Australia, Belgium, Canada, China, France, India, Malaysia, Mexico, Singapore, South Korea, Turkey, the United Arab Emirates, and the United Kingdom. Reliance Steel & Aluminum Co. was founded in 1939 and is headquartered in Los Angeles, California.
Reliance Steel & Aluminum logo

MarketRank

Overall MarketRank

1.93 out of 5 stars

Industrial Products Sector

50th out of 56 stocks

Metals Service Centers & Offices Industry

2nd out of 2 stocks

Analyst Opinion: 1.2Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Metals service centers & offices
Sub-IndustrySteel
CUSIP75950910
Phone213-687-7700
Employees15,300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.97 billion
Cash Flow$15.70 per share
Book Value$78.22 per share

Profitability

Net Income$701.50 million

Miscellaneous

Market Cap$8.14 billion
Next Earnings Date2/18/2021 (Estimated)
OptionableOptionable
$127.63
-4.31 (-3.27 %)
(As of 01/15/2021 08:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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

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

Reliance Steel & Aluminum's stock was trading at $95.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RS shares have increased by 33.7% and is now trading at $127.63.
View which stocks have been most impacted by COVID-19
.

Is Reliance Steel & Aluminum a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reliance Steel & Aluminum in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Reliance Steel & Aluminum stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RS, but not buy additional shares or sell existing shares.
View analyst ratings for Reliance Steel & Aluminum
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Reliance Steel & Aluminum?

Wall Street analysts have given Reliance Steel & Aluminum a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Reliance Steel & Aluminum wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

Reliance Steel & Aluminum is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
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 Thursday, October, 22nd. The industrial products company reported $1.87 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.53 by $0.34. The industrial products company had revenue of $2.09 billion for the quarter, compared to analysts' expectations of $2.12 billion. Reliance Steel & Aluminum had a return on equity of 11.52% and a net margin of 4.83%. The company's revenue was down 22.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.39 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 Friday, October 23rd. Shareholders of record on Friday, November 20th will be paid a dividend of $0.625 per share on Friday, December 4th. This represents a $2.50 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Thursday, November 19th.
View Reliance Steel & Aluminum's dividend history
.

Is Reliance Steel & Aluminum a good dividend stock?

Reliance Steel & Aluminum pays an annual dividend of $2.50 per share and currently has a dividend yield of 1.96%. The dividend payout ratio of Reliance Steel & Aluminum is 24.18%. 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 35.21% 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 issued an update on its fourth quarter earnings guidance on Thursday, October, 22nd. The company provided earnings per share (EPS) guidance of $1.30-1.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.51.

What price target have analysts set for RS?

7 brokerages have issued 12-month target prices for Reliance Steel & Aluminum's stock. Their forecasts range from $88.00 to $123.00. On average, they expect Reliance Steel & Aluminum's share price to reach $109.43 in the next year. This suggests that the stock has a possible downside of 14.3%.
View analysts' price targets for Reliance Steel & Aluminum
or view Wall Street analyst' top-rated stocks.

Are investors shorting Reliance Steel & Aluminum?

Reliance Steel & Aluminum saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 796,700 shares, an increase of 34.5% from the December 15th total of 592,200 shares. Based on an average trading volume of 323,800 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.3% of the shares of the stock are short sold.
View Reliance Steel & Aluminum's Short Interest
.

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

Who are Reliance Steel & Aluminum's key executives?

Reliance Steel & Aluminum's management team includes the following people:
  • Mr. James D. Hoffman, Pres, CEO & Director (Age 61, Pay $6.57M)
  • Ms. Karla R. Lewis, Sr. EVP & CFO (Age 54, Pay $3.78M)
  • Mr. William K. Sales Jr., Exec. VP of Operations (Age 63, Pay $2.7M)
  • Mr. Stephen P. Koch, Sr. VP of Operations (Age 53, Pay $2.5M)
  • Mr. Michael P. Shanley, Sr. VP of Operations (Age 62, Pay $2.51M)
  • Ms. Suzanne M. Bonner, VP & Chief Information Officer
  • Mr. William A. Smith II, Sr. VP, Gen. Counsel & Corp. Sec. (Age 52)
  • Mr. Donald J. Prebola, VP of Health & HR (Age 65)
  • Mr. Jeffrey Wayne Durham, Sr. VP of Operations (Age 57)
  • Mr. Arthur Ajemyan, VP & Corp. Controller (Age 44)

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 many different retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.10%), State of Alaska Department of Revenue (0.04%), Bowling Portfolio Management LLC (0.02%), Crossmark Global Holdings Inc. (0.01%), Diversified Trust Co (0.00%) and First Citizens Bank & Trust Co. (0.00%). Company insiders that own Reliance Steel & Aluminum stock include Andrew G Sharkey III, Arthur Ajemyan, David H Hannah, Gregg J Mollins, James Donald Hoffman, Jeffrey Wayne Durham, Karla R Lewis, Michael Patrick Shanley, Stephen Paul Koch 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 Wedge Capital Management L L P NC, Crossmark Global Holdings Inc., Bowling Portfolio Management LLC, Huntington National Bank, and First Citizens Bank & Trust Co.. Company insiders that have sold Reliance Steel & Aluminum company stock in the last year include Arthur Ajemyan, Karla R Lewis, Michael Patrick Shanley, and Stephen Paul Koch.
View insider buying and selling activity for Reliance Steel & Aluminum
or view top insider-selling stocks.

Which institutional investors are buying Reliance Steel & Aluminum stock?

RS stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Diversified Trust Co.
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.

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

One share of RS stock can currently be purchased for approximately $127.63.

How big of a company is Reliance Steel & Aluminum?

Reliance Steel & Aluminum has a market capitalization of $8.14 billion and generates $10.97 billion in revenue each year. The industrial products company earns $701.50 million in net income (profit) each year or $10.34 on an earnings per share basis. Reliance Steel & Aluminum employs 15,300 workers across the globe.

What is Reliance Steel & Aluminum's official website?

The official website for Reliance Steel & Aluminum is 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]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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