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

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

Reliance Steel & Aluminum declared a quarterly dividend on Thursday, October 24th. Investors of record on Friday, November 15th will be given a dividend of $0.55 per share on Friday, December 6th. This represents a $2.20 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Thursday, November 14th. View Reliance Steel & Aluminum's Dividend History.

Reliance Steel & Aluminum Co (NYSE:RS) released its earnings results on Thursday, October, 24th. The industrial products company reported $2.39 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.44. The industrial products company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.67 billion. Reliance Steel & Aluminum had a return on equity of 12.52% and a net margin of 5.48%. Reliance Steel & Aluminum's revenue was down 9.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.42 EPS. View Reliance Steel & Aluminum's Earnings History.

Reliance Steel & Aluminum is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Reliance Steel & Aluminum.

Reliance Steel & Aluminum will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

9 equities research analysts have issued 1-year price objectives for Reliance Steel & Aluminum's shares. Their forecasts range from $76.00 to $122.00. On average, they expect Reliance Steel & Aluminum's stock price to reach $107.78 in the next year. This suggests that the stock has a possible downside of 8.7%. 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 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Reliance Steel & Aluminum.

Media headlines about RS stock have been trending neutral this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public 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 0.5 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Reliance Steel & Aluminum.

Reliance Steel & Aluminum saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 2,330,000 shares, an increase of 11.0% from the November 28th total of 2,100,000 shares. Based on an average trading volume of 519,800 shares, the days-to-cover ratio is presently 4.5 days. Approximately 3.6% of the shares of the company are sold short. View Reliance Steel & Aluminum's Current Options Chain.

Some companies that are related to Reliance Steel & Aluminum include Nucor (NUE), Steel Dynamics (STLD), Commercial Metals (CMC), Allegheny Technologies (ATI), Worthington Industries (WOR), Carpenter Technology (CRS), Cleveland-Cliffs (CLF), United States Steel (X), AK Steel (AKS), Schnitzer Steel Industries (SCHN), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).

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), Transocean (RIG), Aegean Marine Petroleum Network (ANW), Workday (WDAY) and Unilever (UL).

Reliance Steel & Aluminum's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.11%), Smith Graham & Co. Investment Advisors LP (0.08%), Profit Investment Management LLC (0.06%), Bowling Portfolio Management LLC (0.05%), Alpha Cubed Investments LLC (0.04%) and Brave Asset Management Inc. (0.04%). Company insiders that own Reliance Steel & Aluminum stock include Andrew G Sharkey III, Arthur Ajemyan, David H Hannah, Douglas M Hayes, Gregg J Mollins, James Donald Hoffman, Jeffrey Wayne Durham, Karla R Lewis, 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 Profit Investment Management LLC, Wedge Capital Management L L P NC, Bowling Portfolio Management LLC, Alpha Cubed Investments LLC, CenturyLink Investment Management Co, Smith Graham & Co. Investment Advisors LP, State of Alaska Department of Revenue and Janney Montgomery Scott LLC. Company insiders that have sold Reliance Steel & Aluminum company stock in the last year include Andrew G Sharkey III, Arthur Ajemyan, David H Hannah, Gregg J Mollins, James Donald Hoffman, Jeffrey Wayne Durham, Karla R Lewis, Michael Patrick Shanley, Stephen Paul Koch and William A Smith II. View Insider Buying and Selling for Reliance Steel & Aluminum.

RS stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, PFG Advisors, Convergence Investment Partners LLC, Brave Asset Management Inc., Sciencast Management LP, FormulaFolio Investments LLC, Hollencrest Capital Management and Balasa Dinverno & Foltz LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of RS stock can currently be purchased for approximately $118.06.

Reliance Steel & Aluminum has a market capitalization of $7.87 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.View Additional Information About Reliance Steel & Aluminum.

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]