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Market Cap 16.76B P/E 10.17 EPS this Y -15.90% Ern Qtrly Grth -20.90%
Income 1.26B Forward P/E 14.82 EPS next Y 1.30% 50D Avg Chg 8.00%
Sales 14.49B PEG 6.97 EPS past 5Y 28.59% 200D Avg Chg 21.00%
Dividend 1.00% Price/Book 2.19 EPS next 5Y 2.30% 52W High Chg -4.00%
Recommedations 2.60 Quick Ratio 3.06 Shares Outstanding 57.43M 52W Low Chg 69.00%
Insider Own 0.58% ROA 9.68% Shares Float 56.99M Beta 0.92
Inst Own 81.33% ROE 16.47% Shares Shorted/Prior 1.04M/678.65K Price 285.04
Gross Margin 30.72% Profit Margin 8.67% Avg. Volume 324,108 Target Price 354.20
Oper. Margin 10.79% Earnings Date Jul 25 Volume 285,464 Change -2.74%
About Reliance Steel & Aluminum Co.

Reliance, Inc. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was formerly known as Reliance Steel & Aluminum Co. and changed its name to Reliance, Inc. in February 2024. Reliance, Inc. was founded in 1939 and is based in Scottsdale, Arizona.

Reliance Steel & Aluminum Co. News
05/15/24 After Plunging -9.98% in 4 Weeks, Here's Why the Trend Might Reverse for Reliance (RS)
05/13/24 A Look At The Fair Value Of Reliance, Inc. (NYSE:RS)
05/07/24 Reliance, Inc. Announces Upcoming Conference Participation
05/03/24 Decoding Reliance Inc (RS): A Strategic SWOT Insight
04/30/24 Reliance Steel & Aluminum Co. (NYSE:RS) Q1 2024 Earnings Call Transcript
04/29/24 Reliance (RS) Loses -13.04% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
04/26/24 Reliance First Quarter 2024 Earnings: Misses Expectations
04/25/24 Reliance, Inc. Reports First Quarter 2024 Financial Results
04/18/24 Reliance (RS) Expected to Beat Earnings Estimates: Should You Buy?
04/11/24 Reliance, Inc. to Announce First Quarter 2024 Results on Thursday, April 25ᵗʰ
04/03/24 Reliance, Inc. Completes Acquisition of American Alloy Steel, Inc.
04/02/24 Reliance, Inc. Acquires Mid-West Materials, Inc.
03/31/24 There's Been No Shortage Of Growth Recently For Reliance's (NYSE:RS) Returns On Capital
03/13/24 If You Invested $1000 in Reliance Steel a Decade Ago, This is How Much It'd Be Worth Now
03/09/24 10 Best Steel Stocks to Buy According to Analysts
02/26/24 Reliance Steel & Aluminum (NYSE:RS) Has Announced That It Will Be Increasing Its Dividend To $1.10
02/26/24 Here's How Much a $1000 Investment in Reliance Steel Made 10 Years Ago Would Be Worth Today
02/20/24 Reliance, Inc. Announces Participation at the BMO Global Metals, Mining & Critical Minerals Conference
02/19/24 Reliance Steel (RS) is a Great Momentum Stock: Should You Buy?
02/18/24 Reliance Steel & Aluminum Co. (NYSE:RS) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
RS Chatroom

User Image Aigner_Andreas Posted - 4 days ago

TF BUY $RS at 304.8 : 305.85 BigCap 56% Shp 1.31 S 8.31 N 0.92 RSI 54.44% SRSI 100% ADXR 31.86 #stocks #trading #finance #market

User Image thayford Posted - 1 week ago

$RS trapped buyers

User Image thayford Posted - 1 week ago

Long $RS 6/21 310c, targeting upper limit of earnings gap

User Image seven_come_11 Posted - 2 weeks ago

$STRL My five small cap Bidenomics portfolio are $STRL,$EME,$J,$PWR,$RS.

User Image insiderbuyingselling Posted - 2 weeks ago

$RS new insider selling: 10000 shares. http://insiderbuyingselling.com/?t=RS

User Image insiderbuyingselling Posted - 3 weeks ago

$RS new insider selling: 5000 shares. http://insiderbuyingselling.com/?t=RS

User Image StockInvest_us Posted - 04/30/24

Signal alert: $RS - Oversold Trend Short (Undervalued) https://stockinvest.us/l/v9IJRtNyI8

User Image Thestocktraderhubzee Posted - 04/29/24

WATCHLIST APR 29 2024. $DOV Wells Fargo Maintains Equal-Weight on Dover, Raises Price Target to $190 $RCL Wells Fargo Maintains Overweight on Royal Caribbean Gr, Raises Price Target to $159 $BYD Wells Fargo Maintains Overweight on Boyd Gaming, Lowers Price Target to $71 $RS BMO Capital Maintains Outperform on Reliance, Lowers Price Target to $345 $HUBG BMO Capital Maintains Market Perform on Hub Group, Lowers Price Target to $45

User Image briefingcom Posted - 1 month ago

$RS: Reliance, Inc. misses by $0.23, misses on revs; guides Q2 EPS below consensus https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20240425070635RS&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image DonCorleone77 Posted - 1 month ago

$RS Reliance, Inc. sees Q2 adjusted EPS $4.70-$4.90, consensus $5.35 Reliance expects a better than normal seasonal recovery in demand in the second quarter of 2024 despite prevailing macroeconomic uncertainty and geopolitical matters. Accordingly, the company estimates its tons sold will be up 2.5% to 4.5% in the second quarter of 2024 compared to the first quarter of 2024, with approximately 2% of the sequential growth coming from recently completed acquisitions on April 1, 2024. In addition, Reliance expects its average selling price per ton sold for the second quarter of 2024 to be down 1% to 3% compared to the first quarter of 2024. The company also anticipates short term gross profit margin pressure in the second quarter of 2024 as it works through higher cost inventory on hand. Based on these expectations, the company anticipates non-GAAP earnings per diluted share in the range of $4.70 to $4.90 for the second quarter of 2024.

User Image DonCorleone77 Posted - 1 month ago

$RS Reliance, Inc. reports Q1 adjusted EPS $5.30, consensus $5.55 Reports Q1 revenue 3.64B, consensus $3.76B. "Our resilient business model, most notably the diversity of our products, end markets and geography, once again delivered strong performance in a more challenging pricing environment than we anticipated in the first quarter," said Karla Lewis, President and Chief Executive Officer of Reliance. "We continued to drive smart, profitable growth, increasing our shipments above industry levels while maintaining pricing discipline resulting in our gross profit margin at the high end of our sustainable range that collectively contributed to our first quarter non-GAAP earnings per diluted share of $5.30. Our significant investments in value-added processing capabilities continue to bolster our gross profit margin throughout market cycles." Lewis continued, "Our profitable operations and consistent ability to generate cash enable us to allocate capital across our core priorities. We have completed three acquisitions to-date in 2024, expanding our product offerings, processing capabilities and geographic reach and collectively adding nearly $500 million in annualized net sales to the Reliance family. We also invested $108.7 million back into our business through capital expenditures, predominantly targeted towards growth opportunities that increase capacity and value-added processing capabilities. We returned $65.3 million to our valued stockholders in dividends. I'd like to thank the entire Reliance team for a strong start to 2024 and their continued commitment to exceptional customer service, and most importantly, safety. While we anticipate continued near-term pricing headwinds, we remain bullish on the longer term tailwinds coming our way through activity related to government stimulus and re/near-shoring. Reliance is in a strong position to benefit from these opportunities."

User Image epsguid Posted - 1 month ago

$RS reported earnings of $5.30, consensus was $5.51, Earnings Whisper was $5.60 via @eWhispers #whispermiss http://eps.sh/d/rs

User Image Stock_Titan Posted - 1 month ago

$RS Reliance, Inc. Reports First Quarter 2024 Financial Results https://www.stocktitan.net/news/RS/reliance-inc-reports-first-quarter-2024-financial-9i1gogb425v3.html

User Image Aigner_Andreas Posted - 1 month ago

TF SELL $RS at 313.94 : 315.38 BigCap 98% Shp 1.56 S 8.58 N 1.15 RSI 32.72% SRSI 0% ADXR 24.52 #stocks #trading #finance #market

User Image Aigner_Andreas Posted - 1 month ago

TD BUY $RS at 319.49, Supp 319.49 Resis 340.04 R6 HiLo 81% T1Y 218 buy 1.7 DIV 1.80% #Reliance S #stocks #trading #finance #market

User Image Stoxpo Posted - 1 month ago

@POTUS Pushes for Tariff Hike on Chinese #steel #and #Aluminum Imports https://stoxpo.com/index.php/2024/04/17/biden-pushes-for-tariff-hike-on-chinese-steel-and-aluminum-imports/ $NU $NU $STLD $MT $RS

User Image Stock_Titan Posted - 1 month ago

$RS Reliance, Inc. to Announce First Quarter 2024 Results on Thursday, April 25ᵗʰ https://www.stocktitan.net/news/RS/reliance-inc-to-announce-first-quarter-2024-results-on-thursday-ggfwngsmf4i6.html

User Image thayford Posted - 1 month ago

adding more to winner $RS

User Image thayford Posted - 1 month ago

Long $RS 5/17 350c

User Image thayford Posted - 1 month ago

@Gramma fellow ETN holder. I’ll let you in on a little secret, $EME and $RS

User Image Fromlowtohigh Posted - 1 month ago

@CGuardian WRONG TICKER BUD!!! This isn’t $RS

User Image Stock_Titan Posted - 1 month ago

$RS Reliance, Inc. Completes Acquisition of American Alloy Steel, Inc. https://www.stocktitan.net/news/RS/reliance-inc-completes-acquisition-of-american-alloy-steel-y142wzmv27d4.html

User Image DonCorleone77 Posted - 1 month ago

$RS Reliance, Inc. acquires Mid-West Materials, terms not disclosed Reliance, Inc. announced that it has acquired all the outstanding equity interests of Mid-West Materials, a flat-rolled steel service center primarily servicing North American OEMs. Headquartered in Perry, OH and founded in 1952, MidWest Materials provides a wide breadth of steel products including hot-rolled, high strength hot-rolled, coated, and cold-rolled products that are sold into the trailer manufacturing, agriculture, metal fabrication, and building products markets. The current management team will remain in place. For the twelve months ended December 31, 2023, annual net sales for MidWest Materials were approximately $87M. The terms of the transaction were not disclosed.

User Image Stock_Titan Posted - 1 month ago

$RS Reliance, Inc. Acquires Mid-West Materials, Inc. https://www.stocktitan.net/news/RS/reliance-inc-acquires-mid-west-materials-ch5onl2w9xcg.html

User Image thayford Posted - 1 month ago

@osubuckeye $RS has also seen significant growth of earnings and margins from their role in data center expansion

User Image net0trader Posted - 1 month ago

@MaverikIT @RonIsWrong @IsabellaDC @DonCorleone77 @Cash4freedom @Im_not_Mr_Lebowski @Wigglyick I think all steel stocks are worth a look here including $x $mt $rs With aging infrastructure and a significant portion of federal transportation dollars allocated for bridge, there will be more demand soon. We are considering adding structural engineers for the same reason.

User Image TLTme Posted - 2 months ago

$RS we going to the moon!

User Image stubbybrown Posted - 2 months ago

$RS making new ATHs. Long

User Image TickerDD_com Posted - 2 months ago

From 3/19/2024, looking back across 22 Month-Ends for RS, Percentage Change of Average Monthly Price had More Positives (59%) while Percentage Change of Average Monthly Volume had All Positives (100%) $RS #RS #RSStock #TickerDD https://www.youtube.com/watch?v=BGTStsmTspk

User Image thayford Posted - 2 months ago

$EME $RS adding both.

Analyst Ratings
BMO Capital Outperform Apr 26, 24
Citigroup Neutral Apr 11, 24
BMO Capital Outperform Feb 20, 24
Keybanc Overweight Feb 16, 24
Keybanc Overweight Oct 27, 23
Keybanc Overweight Oct 17, 23
Keybanc Overweight Jul 17, 23
Wolfe Research Peer Perform Apr 28, 23
Keybanc Overweight Apr 28, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Lewis Karla R President, CEO President, CEO Aug 31 Sell 286.01 32,000 9,152,320 89,258 09/01/23
KAMINSKI MARK V Director Director Aug 18 Sell 277.37 10,000 2,773,700 8,477 08/22/23
Durham Jeffrey Wayne Sr. VP, Operations Sr. VP, Operations Aug 21 Sell 275.56 6,503 1,791,967 23,651 08/22/23
HOFFMAN JAMES DONALD Director Director May 30 Sell 235.86 10,000 2,358,600 124,042 05/31/23
HOFFMAN JAMES DONALD Director Director Feb 17 Sell 244.65 40,000 9,786,000 55,333 02/22/23
HOFFMAN JAMES DONALD CEO CEO Jul 06 Sell 168.53 10,000 1,685,300 142,738 07/08/22
Durham Jeffrey Wayne Sr. VP, Operations Sr. VP, Operations May 06 Sell 196.16 10,000 1,961,600 19,071 05/09/22
HOFFMAN JAMES DONALD CEO CEO Apr 06 Sell 178.91 10,000 1,789,100 152,738 04/08/22
Smith William A II SVP, General Counsel.. SVP, General Counsel, Corp Sec Feb 18 Sell 176.02 17,580 3,094,432 17,834 02/23/22
Lewis Karla R President President Feb 18 Sell 176.03 69,040 12,153,111 83,118 02/23/22
Ajemyan Arthur SVP, CFO SVP, CFO Feb 18 Sell 176.04 4,540 799,222 12,436 02/23/22
Smith William A II SVP, General Counsel.. SVP, General Counsel, Corp Sec Feb 25 Sell 138.47 7,860 1,088,374 22,689 02/25/21
Ajemyan Arthur VP, Corporate Contro.. VP, Corporate Controller Dec 03 Sell 119.83 2,275 272,613 7,777 12/03/20
Koch Stephen Paul Sr. VP, Operations Sr. VP, Operations Dec 03 Sell 119.79 6,180 740,302 12,749 12/03/20
Lewis Karla R Sr. EVP & CFO Sr. EVP & CFO Dec 03 Sell 119.77 9,280 1,111,466 86,374 12/03/20