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

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

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.

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.

Reliance Steel & Aluminum is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Reliance Steel & Aluminum.

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.

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.

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.

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.

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).

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).

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.

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.

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.

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.

One share of RS stock can currently be purchased for approximately $87.09.

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.

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

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]