S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:RS

Reliance Steel & Aluminum (RS) Stock Forecast, Price & News

$178.46
-0.32 (-0.18%)
(As of 05/20/2022 09:18 PM ET)
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Today's Range
$174.35
$180.83
50-Day Range
$178.45
$211.43
52-Week Range
$135.46
$211.65
Volume
399,600 shs
Average Volume
422,920 shs
Market Capitalization
$11.06 billion
P/E Ratio
6.81
Dividend Yield
1.96%
Beta
0.76
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Reliance Steel & Aluminum logo

About Reliance Steel & Aluminum

Reliance Steel & Aluminum Co. 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. It also distributes non-ferrous metals products and tubular building products; and manufactures specialty extruded metals, fabricated parts, and welded components. As of December 31, 2021, the company operated a network of approximately 315 locations in 40 states in the United States and 13 in other countries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was founded in 1939 and is headquartered in Los Angeles, California.

Headlines

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Industry, Sector and Symbol

Industry
Metals service centers & offices
Sub-Industry
Steel
CUSIP
75950910
Employees
13,700
Year Founded
1939

Sales & Book Value

Annual Sales
$14.09 billion
Cash Flow
$26.32 per share
Book Value
$105.55 per share

Profitability

Net Income
$1.41 billion
Pretax Margin
14.11%

Debt

Price-To-Earnings

Miscellaneous

Free Float
61,564,000
Market Cap
$11.06 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/25 Dividend
3/10/2022
Dividend Payable
3/25/2022
Last Earnings
4/28/2022
Today
5/22/2022
Ex-Dividend for 6/10 Dividend
5/26/2022
Dividend Payable
6/10/2022
Next Earnings (Estimated)
7/28/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.95 out of 5 stars

Industrial Products Sector

37th out of 254 stocks

Metals Service Centers & Offices Industry

1st out of 4 stocks

Analyst Opinion: 2.4Community Rank: 4.4Dividend 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?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Reliance Steel & Aluminum in the last twelve months. There are currently 1 hold rating and 8 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.

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

Reliance Steel & Aluminum is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 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 earnings results on Thursday, April, 28th. The industrial products company reported $8.42 EPS for the quarter, beating analysts' consensus estimates of $7.20 by $1.22. The industrial products company earned $4.49 billion during the quarter, compared to analyst estimates of $4.03 billion. Reliance Steel & Aluminum had a net margin of 10.61% and a trailing twelve-month return on equity of 27.94%. The company's quarterly revenue was up 58.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.10 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 Thursday, April 28th. Stockholders of record on Friday, May 27th will be paid a dividend of $0.875 per share on Friday, June 10th. This represents a $3.50 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Thursday, May 26th.
View Reliance Steel & Aluminum's dividend history
.

Is Reliance Steel & Aluminum a good dividend stock?

Reliance Steel & Aluminum pays an annual dividend of $3.50 per share and currently has a dividend yield of 1.96%. Reliance Steel & Aluminum has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Reliance Steel & Aluminum is 13.36%. 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 16.35% 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 second quarter 2022 earnings guidance on Monday, May, 9th. The company provided EPS guidance of $9.00-$9.10 for the period, compared to the consensus EPS estimate of $7.27. The company issued revenue guidance of -.

What price target have analysts set for RS?

9 brokerages have issued twelve-month target prices for Reliance Steel & Aluminum's shares. Their forecasts range from $175.00 to $230.00. On average, they expect Reliance Steel & Aluminum's share price to reach $202.83 in the next twelve months. This suggests a possible upside of 13.7% 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:
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 (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 shareholders include Vanguard Group Inc. (11.95%), BlackRock Inc. (10.17%), State Street Corp (4.12%), Wellington Management Group LLP (3.81%), Dimensional Fund Advisors LP (3.62%) and Victory Capital Management Inc. (3.20%). Company insiders that own Reliance Steel & Aluminum stock include Arthur Ajemyan, 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 major investors are selling Reliance Steel & Aluminum stock?

RS stock was sold by a variety of institutional investors in the last quarter, including Cooke & Bieler LP, Victory Capital Management Inc., Royce & Associates LP, Wellington Management Group LLP, Northern Trust Corp, Vanguard Group Inc., Royal Bank of Canada, and Poplar Forest Capital LLC. Company insiders that have sold Reliance Steel & Aluminum company stock in the last year include Arthur Ajemyan, James Donald Hoffman, Jeffrey Wayne Durham, Karla R Lewis, Stephen Paul Koch, 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 BlackRock Inc., State Street Corp, Ardevora Asset Management LLP, First Trust Advisors LP, Envestnet Asset Management Inc., Yacktman Asset Management LP, Renaissance Technologies LLC, and Qube Research & Technologies Ltd.
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 $178.46.

How much money does Reliance Steel & Aluminum make?

Reliance Steel & Aluminum has a market capitalization of $11.06 billion and generates $14.09 billion in revenue each year. The industrial products company earns $1.41 billion in net income (profit) each year or $26.199990 on an earnings per share basis.

How many employees does Reliance Steel & Aluminum have?

Reliance Steel & Aluminum employs 13,700 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., Admiral Metals Servicenter Company Inc., Admiral Metals Servicenter Company Incorporated., Airport Metals, 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., Allegheny Steel Distributors Inc., American Metals Corporation, Best Manufacturing Inc., 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, 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, Merfish United Inc., Metals USA, Metals USA Inc., Metalweb Limited, National Specialty Alloys, National Specialty Alloys Inc, Northern Illinois Steel Supply Co, Nu-Tech Precision Metals Inc., Nu-Tech Precision Metals Inc., 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, Rotax Metals Inc., Rotax Metals Inc., 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.

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 5/23/2022 by MarketBeat.com Staff

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