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

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$87.72 -1.82 (-2.03 %)
(As of 05/19/2019 05:01 AM ET)
Previous Close$87.72
Today's Range$87.67 - $89.76
52-Week Range$68.62 - $97.41
Volume1.09 million shs
Average Volume402,731 shs
Market Capitalization$5.90 billion
P/E Ratio9.81
Dividend Yield2.46%
Beta1.26
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 related processing services to general manufacturing, non-residential construction, transportation, aerospace and defense, energy, electronics and semiconductor fabrication, auto, and heavy industries. It also offers precision sheet metal fabrication services, including laser cutting, stamping, turret punching, machining, powder coating, shearing, computer numerated control (CNC) punching, and CNC forming and rolling, as well as welding, assembly, painting, inventory management, and engineering expertise. 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; and distributes and processes tubing and bar products. Further, it provides toll processing and logistics services. The company sells directly to large original equipment manufacturer customers, as well as to small machine shops and fabricators. 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.

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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$12.00 per share
Book Value$71.97 per share

Profitability

Net Income$633.70 million

Miscellaneous

Employees15,600
Market Cap$5.90 billion
Next Earnings Date7/25/2019 (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 Tuesday, April 23rd. Investors of record on Friday, May 24th will be given a dividend of $0.55 per share on Friday, June 14th. This represents a $2.20 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date is Thursday, May 23rd. View Reliance Steel & Aluminum's Dividend History.

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

Reliance Steel & Aluminum Co (NYSE:RS) posted its quarterly earnings results on Thursday, April, 25th. The industrial products company reported $2.80 EPS for the quarter, topping analysts' consensus estimates of $2.38 by $0.42. The industrial products company earned $2.96 billion during the quarter, compared to analyst estimates of $2.97 billion. Reliance Steel & Aluminum had a net margin of 5.58% and a return on equity of 13.70%. The company's revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the firm posted $2.30 earnings per share. 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, July 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 second quarter earnings guidance on Thursday, April, 25th. The company provided earnings per share (EPS) guidance of $2.60-2.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.42.

What price target have analysts set for RS?

9 equities research analysts have issued twelve-month price targets for Reliance Steel & Aluminum's shares. Their forecasts range from $76.00 to $105.00. On average, they anticipate Reliance Steel & Aluminum's stock price to reach $91.7778 in the next twelve months. This suggests a possible upside of 4.6% 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 1 sell rating, 5 hold ratings and 3 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?

News coverage about RS stock has been trending negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Reliance Steel & Aluminum earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

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

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

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

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (9.51%), Victory Capital Management Inc. (6.09%), Wellington Management Group LLP (4.71%), Dimensional Fund Advisors LP (3.79%), Acadian Asset Management LLC (2.08%) and Geode Capital Management LLC (1.55%). 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, Jeffrey Wayne Durham, 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 major investors are selling Reliance Steel & Aluminum stock?

RS stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Acadian Asset Management LLC, Morgan Stanley, Wellington Management Group LLP, AQR Capital Management LLC, Royce & Associates LP, Goldman Sachs Group Inc. and Poplar Forest Capital LLC. 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, Jeffrey Wayne Durham, Michael Patrick Shanley, Stephen Paul Koch and William A Smith II. View Insider Buying and Selling for Reliance Steel & Aluminum.

Which major investors are buying Reliance Steel & Aluminum stock?

RS stock was bought by a variety of institutional investors in the last quarter, including Skandinaviska Enskilda Banken AB publ , FMR LLC, Victory Capital Management Inc., Geode Capital Management LLC, Twin Tree Management LP, Neuberger Berman Group LLC, Wells Fargo & Company MN and BNP Paribas Arbitrage SA. 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 $87.72.

How big of a company is Reliance Steel & Aluminum?

Reliance Steel & Aluminum has a market capitalization of $5.90 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:  389 (Vote Outperform)
Underperform Votes:  403 (Vote Underperform)
Total Votes:  792
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 5/19/2019 by MarketBeat.com Staff

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