Shares of Reliance, Inc. (NYSE:RS – Get Free Report) have received an average rating of “Hold” from the six research firms that are covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $324.3333.
A number of equities analysts have recently commented on the stock. Wells Fargo & Company raised their target price on shares of Reliance from $315.00 to $323.00 and gave the company an “equal weight” rating in a research note on Monday. Wall Street Zen lowered Reliance from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. KeyCorp restated an “overweight” rating on shares of Reliance in a research note on Wednesday, January 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Reliance in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. downgraded Reliance from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $340.00 to $330.00 in a report on Friday, February 20th.
Read Our Latest Analysis on Reliance
Insider Buying and Selling at Reliance
Institutional Trading of Reliance
Large investors have recently modified their holdings of the business. Elevation Wealth Partners LLC acquired a new position in shares of Reliance in the fourth quarter worth about $28,000. Brown Brothers Harriman & Co. raised its position in shares of Reliance by 86.2% in the 4th quarter. Brown Brothers Harriman & Co. now owns 108 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 50 shares in the last quarter. Greenline Wealth Management LLC purchased a new position in shares of Reliance during the 4th quarter valued at approximately $32,000. Quarry LP acquired a new stake in shares of Reliance during the third quarter worth approximately $32,000. Finally, Guerra Advisors Inc bought a new stake in shares of Reliance in the third quarter worth $34,000. 79.26% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Reliance
Here are the key news stories impacting Reliance this week:
- Positive Sentiment: Zacks blog argues investors should retain Reliance (RS) — cites recent acquisitions, strong liquidity and construction demand as reasons the company can sustain growth despite some end‑market weakness; this supports medium‑term investor confidence. Here’s Why You Should Retain Reliance Stock in Your Portfolio
- Neutral Sentiment: Comparison/market roundup pieces (e.g., head‑to‑head comparisons with other small names) mention RS but offer limited firm‑specific information — mostly useful for screening, not a direct catalyst. Energizer Resources (OTCMKTS:NSRCF) versus Reliance (NYSE:RS) Head to Head Comparison
- Neutral Sentiment: Broader “stocks to watch” lists (MSN) include a company named Reliance — these lists can attract short‑term attention but appear to mix coverage of different companies with the same name; verify the ticker before acting. Reliance, D-Mart & more: Top stocks to watch on March 5
- Neutral Sentiment: Coverage about rising crude oil boosting “Reliance” margins appears focused on Reliance Industries (RIL, India) rather than NYSE:RS — likely limited relevance to RS’s fundamentals but may add noise to headlines and flows. Reliance Share Price Today Jumps Nearly 3% After Recent Selloff; Can Rising Crude Oil Prices Lift RIL Margins?
- Negative Sentiment: Zacks Research trimmed multiple near‑term and FY earnings estimates for Reliance (RS) and maintains a “Hold” rating — notable cuts include lower Q4 2026, Q1 2027 and Q2 2027 EPS and a reduced FY2027 outlook. Those revisions are the clearest immediate bearish catalyst pressuring the stock. What is Zacks Research’s Forecast for Reliance Q1 Earnings?
Reliance Stock Performance
Reliance stock opened at $311.05 on Friday. The company has a market cap of $16.09 billion, a price-to-earnings ratio of 22.27, a price-to-earnings-growth ratio of 1.18 and a beta of 0.91. Reliance has a 12 month low of $250.07 and a 12 month high of $365.59. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.88 and a quick ratio of 2.30. The stock’s 50-day moving average is $322.36 and its 200-day moving average is $296.86.
Reliance (NYSE:RS – Get Free Report) last posted its earnings results on Wednesday, February 18th. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.80 by ($0.40). The business had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.45 billion. Reliance had a return on equity of 10.45% and a net margin of 5.17%.The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the company posted $2.22 EPS. Reliance has set its Q1 2026 guidance at 4.500-4.70 EPS. Equities analysts anticipate that Reliance will post 16.98 earnings per share for the current year.
Reliance Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from Reliance’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.6%. Reliance’s dividend payout ratio is presently 34.36%.
About Reliance
Reliance Steel & Aluminum Co (NYSE: RS) is a leading metals service center company that distributes and processes a broad array of metal products. The company offers cut-to-length, shearing, blanking, sawing, bending, machining and value-added services for carbon and alloy steel, stainless steel, aluminum, brass, titanium and specialty metal alloys. Its products serve diverse end markets, including energy, infrastructure, general manufacturing, transportation, aerospace and defense.
Founded in 1939 in Los Angeles, Reliance Steel & Aluminum has grown through a combination of organic expansion and strategic acquisitions.
See Also
- Five stocks we like better than Reliance
- Silver Is the New Oil—And the World’s Running Dry
- BNZI stands out as a Zacks Buy. Earnings momentum and analyst upgrades align
- What happened in Cyprus could be coming here
- Elon Musk’s $1 Quadrillion AI IPO
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for Reliance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reliance and related companies with MarketBeat.com's FREE daily email newsletter.
