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

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

Reliance Steel & Aluminum announced a quarterly dividend on Tuesday, July 23rd. Investors of record on Friday, August 16th will be paid a dividend of $0.55 per share on Friday, September 6th. This represents a $2.20 annualized dividend and a yield of 2.20%. The ex-dividend date is Thursday, August 15th. View Reliance Steel & Aluminum's Dividend History.

Reliance Steel & Aluminum Co (NYSE:RS) announced its earnings results on Thursday, July, 25th. The industrial products company reported $2.71 EPS for the quarter, beating the Zacks' consensus estimate of $2.60 by $0.11. The industrial products company had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.93 billion. Reliance Steel & Aluminum had a return on equity of 12.85% and a net margin of 5.22%. Reliance Steel & Aluminum's revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.10 EPS. View Reliance Steel & Aluminum's Earnings History.

Reliance Steel & Aluminum is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Reliance Steel & Aluminum.

Reliance Steel & Aluminum will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Reliance Steel & Aluminum issued an update on its third quarter earnings guidance on Thursday, July, 25th. The company provided EPS guidance of $1.90-2.00 for the period, compared to the Thomson Reuters consensus estimate of $1.96.

8 equities research analysts have issued 1-year target prices for Reliance Steel & Aluminum's stock. Their forecasts range from $76.00 to $109.00. On average, they anticipate Reliance Steel & Aluminum's share price to reach $98.88 in the next year. This suggests that the stock has a possible downside of 1.0%. View Analyst Price Targets for Reliance Steel & Aluminum.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reliance Steel & Aluminum in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Reliance Steel & Aluminum.

Press coverage about RS stock has trended very negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Reliance Steel & Aluminum earned a news sentiment score of -3.2 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Reliance Steel & Aluminum.

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

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), Micron Technology (MU), Workday (WDAY) and Transocean (RIG).

Reliance Steel & Aluminum's stock is owned by a number of of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.17%), Nisa Investment Advisors LLC (0.07%), Envestnet Asset Management Inc. (0.07%), Pacer Advisors Inc. (0.06%), Bowling Portfolio Management LLC (0.06%) and Northpointe Capital LLC (0.05%). 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, 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 Robeco Institutional Asset Management B.V., Northpointe Capital LLC, Envestnet Asset Management Inc., State of Alaska Department of Revenue, CenturyLink Investment Management Co, Alpha Windward LLC, Nisa Investment Advisors LLC and Oliver Luxxe Assets 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, Jeffrey Wayne Durham, 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 Bowling Portfolio Management LLC, Denali Advisors LLC, Berkshire Asset Management LLC PA, Pacer Advisors Inc., Cerebellum GP LLC, Cerebellum GP LLC, Occidental Asset Management LLC and Meeder Asset Management Inc.. 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 $99.83.

Reliance Steel & Aluminum has a market capitalization of $6.65 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]