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.
Industry, Sector and Symbol
Industry Metals service centers & offices
Sub-IndustrySteel
SectorIndustrial Products
SymbolNYSE:RS
CUSIP75950910
Phone213-687-7700
Debt
Debt-to-Equity Ratio0.41
Current Ratio3.93
Quick Ratio1.76
Price-To-Earnings
Trailing P/E Ratio17.16
Forward P/E Ratio10.93
P/E Growth1.2
Sales & Book Value
Annual Sales$9.72 billion
Price / Sales0.69
Cash Flow$8.6135 per share
Price / Cash10.84
Book Value$64.46 per share
Price / Book1.45
Profitability
EPS (Most Recent Fiscal Year)$5.44
Net Income$613.40 million
Net Margins6.67%
Return on Equity10.01%
Return on Assets5.80%
Miscellaneous
Employees14,900
Outstanding Shares72,340,000
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 declared a quarterly dividend on Thursday, April 26th. Stockholders of record on Friday, May 25th will be paid a dividend of $0.50 per share on Friday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date is Thursday, May 24th. 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, April, 26th. The industrial products company reported $2.30 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $2.01 by $0.29. The industrial products company had revenue of $2.76 billion for the quarter. Reliance Steel & Aluminum had a net margin of 6.67% and a return on equity of 10.01%. The firm's revenue was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.52 EPS. View Reliance Steel & Aluminum's Earnings History.
When is Reliance Steel & Aluminum's next earnings date?
What guidance has Reliance Steel & Aluminum issued on next quarter's earnings?
Reliance Steel & Aluminum updated its second quarter earnings guidance on Thursday, April, 26th. 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 $2.13.
What price target have analysts set for RS?
9 brokerages have issued 1-year price objectives for Reliance Steel & Aluminum's shares. Their predictions range from $72.00 to $112.00. On average, they expect Reliance Steel & Aluminum's stock price to reach $97.00 in the next twelve months. View Analyst Ratings for Reliance Steel & Aluminum.
Who are some of Reliance Steel & Aluminum's key competitors?
Who are Reliance Steel & Aluminum's key executives?
Reliance Steel & Aluminum's management team includes the folowing people:
- Mr. Gregg J. Mollins, CEO, Pres & Director (Age 63)
- Ms. Karla R. Lewis, CFO & Sr. EVP (Age 52)
- Mr. James D. Hoffman, COO & Exec. VP (Age 59)
- Mr. William K. Sales Jr., Exec. VP of Operations (Age 61)
- Mr. Stephen P. Koch, Sr. VP of Operations (Age 51)
Has Reliance Steel & Aluminum been receiving favorable news coverage?
News coverage about RS stock has been trending somewhat negative on Sunday, Accern Sentiment reports. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Reliance Steel & Aluminum earned a media sentiment score of -0.18 on Accern's scale. They also assigned media stories about the industrial products company an impact score of 46.38 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are Reliance Steel & Aluminum's major shareholders?
Reliance Steel & Aluminum's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.35%), Victory Capital Management Inc. (4.49%), Dimensional Fund Advisors LP (3.54%), Lord Abbett & CO. LLC (1.95%), Vaughan Nelson Investment Management L.P. (1.74%) and Franklin Resources Inc. (1.51%). 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, Karla R Lewis, Mark V Kaminski, Michael Patrick Shanley, Stephen Paul Koch, Thomas W Gimbel, William A Smith II and William K Sales Jr. 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 Victory Capital Management Inc., Lord Abbett & CO. LLC, Prudential Financial Inc., Epoch Investment Partners Inc., Northern Trust Corp, Poplar Forest Capital LLC, Cooke & Bieler LP and Wells Fargo & Company MN. Company insiders that have sold Reliance Steel & Aluminum company stock in the last year include Andrew G Sharkey III, 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 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 Thrivent Financial for Lutherans, Millennium Management LLC, BlackRock Inc., Natixis, Russell Investments Group Ltd., Engineers Gate Manager LP, Scopus Asset Management L.P. and LSV Asset Management. 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 $93.37.
How big of a company is Reliance Steel & Aluminum?
Reliance Steel & Aluminum has a market capitalization of $6.65 billion and generates $9.72 billion in revenue each year. The industrial products company earns $613.40 million in net income (profit) each year or $5.44 on an earnings per share basis. Reliance Steel & Aluminum employs 14,900 workers across the globe.
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 (RS)
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.
