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

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$87.09 -3.22 (-3.57 %)
(As of 03/25/2019 03:26 AM ET)
Previous Close$87.09
Today's Range$87.03 - $89.58
52-Week Range$68.62 - $97.41
Volume542,140 shs
Average Volume498,100 shs
Market Capitalization$5.84 billion
P/E Ratio9.74
Dividend Yield2.53%
Beta1.27
Reliance 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.53 billion
Cash Flow$12.2489 per share
Book Value$66.44 per share

Profitability

Net Income$633.70 million

Miscellaneous

Employees15,600
Market Cap$5.84 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

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 Friday, February 22nd. Investors of record on Friday, March 15th will be given a dividend of $0.55 per share on Friday, March 29th. This represents a $2.20 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from Reliance Steel & Aluminum's previous quarterly dividend of $0.50. View Reliance Steel & Aluminum's Dividend History.

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

Reliance Steel & Aluminum Co (NYSE:RS) released its quarterly earnings data on Thursday, February, 21st. The industrial products company reported $1.08 earnings per share for the quarter, missing the consensus estimate of $1.71 by $0.63. The industrial products company had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $2.76 billion. Reliance Steel & Aluminum had a net margin of 5.49% and a return on equity of 13.30%. Reliance Steel & Aluminum's revenue for the quarter was up 18.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.22 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 25th 2019. View Earnings Estimates for Reliance Steel & Aluminum.

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

Reliance Steel & Aluminum updated its first quarter earnings guidance on Thursday, February, 21st. The company provided earnings per share (EPS) guidance of $2.35-2.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.16. Reliance Steel & Aluminum also updated its Q1 2019 guidance to $2.35-2.45 EPS.

What price target have analysts set for RS?

9 Wall Street analysts have issued 1 year price objectives for Reliance Steel & Aluminum's stock. Their forecasts range from $72.00 to $105.00. On average, they anticipate Reliance Steel & Aluminum's share price to reach $90.25 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. 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 5 hold ratings and 4 buy ratings 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?

Media coverage about RS stock has trended neutral on Monday, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Reliance Steel & Aluminum earned a news impact score of 0.2 on InfoTrie's scale. They also gave news headlines about the industrial products company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the near future.

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

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

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), Micron Technology (MU), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Workday (WDAY) and YY (YY).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (9.55%), Victory Capital Management Inc. (5.68%), Dimensional Fund Advisors LP (3.66%), Oregon Public Employees Retirement Fund (2.89%), Acadian Asset Management LLC (2.27%) and Geode Capital Management LLC (1.38%). 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, 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 Brandywine Global Investment Management LLC, First Quadrant L P CA, Bank of America Corp DE, Acadian Asset Management LLC, Millennium Management LLC, Prudential Financial Inc., D. E. Shaw & Co. Inc. and Royce & Associates LP. Company insiders that have sold Reliance Steel & Aluminum company stock in the last year include Andrew G Sharkey III, David H Hannah, Gregg J Mollins, Mark V Kaminski, 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 acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Victory Capital Management Inc., Norges Bank, Poplar Forest Capital LLC, Rhumbline Advisers, Geode Capital Management LLC, Geode Capital Management LLC and Mackenzie Financial Corp. 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 $87.09.

How big of a company is Reliance Steel & Aluminum?

Reliance Steel & Aluminum has a market capitalization of $5.84 billion and generates $11.53 billion in revenue each year. The industrial products company earns $633.70 million in net income (profit) each year or $8.94 on an earnings per share basis. Reliance Steel & Aluminum employs 15,600 workers across the globe.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  388 (Vote Outperform)
Underperform Votes:  396 (Vote Underperform)
Total Votes:  784
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 3/25/2019 by MarketBeat.com Staff

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