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Market Cap 16.76B P/E 10.17 EPS this Y -27.60% Ern Qtrly Grth -25.00%
Income 1.41B Forward P/E 14.82 EPS next Y -12.00% 50D Avg Chg 8.00%
Sales 15.08B PEG -3.62 EPS past 5Y 37.25% 200D Avg Chg 21.00%
Dividend 1.00% Price/Book 2.19 EPS next 5Y -3.40% 52W High Chg -4.00%
Recommedations 2.30 Quick Ratio 3.01 Shares Outstanding 57.47M 52W Low Chg 69.00%
Insider Own 0.87% ROA 11.34% Shares Float 57M Beta 0.93
Inst Own 85.07% ROE 19.44% Shares Shorted/Prior 852.02K/849.80K Price 285.04
Gross Margin 30.93% Profit Margin 9.38% Avg. Volume 324,108 Target Price 294.00
Oper. Margin 10.75% Earnings Date Feb 14 Volume 285,464 Change -2.74%
About Reliance Steel & Aluminum Co.

Reliance Steel & Aluminum Co. 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 founded in 1939 and is based in Scottsdale, Arizona.

Reliance Steel & Aluminum Co. News
11/27/23 With 82% institutional ownership, Reliance Steel & Aluminum Co. (NYSE:RS) is a favorite amongst the big guns
11/24/23 Why You Should Retain Reliance Steel (RS) Stock in Your Portfolio
11/11/23 Reliance Steel & Aluminum (NYSE:RS) Could Be A Buy For Its Upcoming Dividend
11/09/23 Reliance Steel & Aluminum Co. Announces Participation at the Goldman Sachs Global Metals & Mining Conference
10/30/23 Reliance Steel (RS) Q3 Earnings Miss, Revenues Top Estimates
10/27/23 Reliance Steel & Aluminum Co. (NYSE:RS) Q3 2023 Earnings Call Transcript
10/26/23 Q3 2023 Reliance Steel & Aluminum Co Earnings Call
10/26/23 Reliance Steel (RS) Lags Q3 Earnings Estimates
10/26/23 Reliance Steel & Aluminum Co. Reports Third Quarter 2023 Financial Results
10/25/23 Constellium (CSTM) Surpasses Q3 Earnings Estimates
10/23/23 Under The Bonnet, Reliance Steel & Aluminum's (NYSE:RS) Returns Look Impressive
10/19/23 14 Largest Manganese Mining Companies and Best Manganese Stocks To Buy
10/12/23 Reliance Steel & Aluminum Co. to Announce Third Quarter 2023 Results on Thursday, October 26th
10/03/23 Reliance Steel (RS) Up 28% YTD: What's Driving the Stock?
09/27/23 Reliance Steel (RS) Gains on Demand Strength, Acquisitions
09/21/23 10 Best Aluminum and Aluminum Mining Stocks To Buy
09/21/23 Why You Should Hold Reliance Steel (RS) Stock in Your Portfolio
09/11/23 File This Rally Under 'Oddball'
09/04/23 Are Robust Financials Driving The Recent Rally In Reliance Steel & Aluminum Co.'s (NYSE:RS) Stock?
06:49 AM Reliance Steel (RS) Up 37% YTD: Will the Momentum Continue?
RS Chatroom

User Image cctranscripts Posted - 1 day ago

SVP of Reliance Steel & Aluminum Co. just disposed of 37 shares https://www.conferencecalltranscripts.org/summary/?id=12740983 $RS

User Image tickeron Posted - 2 days ago

A.I.dvisor made a bullish call on $RS, netting in a 3.65% gain over 1 month https://srnk.us/go/4925371

User Image UncleStock Posted - 2 days ago

$STLD $MLI $IIIN $RS suggested for Industrial Metals and Mining - value screen: https://zpr.io/cudyrF2Eud3f

User Image swingingtech Posted - 4 days ago

$RS, $DNN, $AXTA, $ANDE https://wallstreetwaves.com/fume-over-reliance-steel-aluminum-co-stocks-resilience/

User Image ChartMill Posted - 6 days ago

Possible swing trading patterns are detected for $TBBK, $RS, $TDG, $LYV and $SPXC by our stock screener. https://www.chartmill.com/stock/stock-screener?sid=28&f=s_str,s_n20h,etf_none,p_pg20,v1_50b20,cu_b_sm10v,cu_a_sm20v,exch_us&v=3&s=n&sd=ASC&timeframe=DAILY&type=CANDLES&months=3&width=720&cl=F&o1=3&o2=3&op1=10,16711680&op2=30,255&utm_source=Swing_Trading&utm_medium=stocktwits&utm_campaign=screen

User Image UncleStock Posted - 6 days ago

$STLD $MLI $IIIN $RS suggested for Industrial Metals and Mining - value screen: https://www.unclestock.com/ig/industrial-metals-and-mining

User Image Stock_Titan Posted - 2 weeks ago

$RS Reliance Steel & Aluminum Co. Announces Participation at the Goldman Sachs Global Metals & Mining Conference https://www.stocktitan.net/news/RS/reliance-steel-aluminum-co-announces-participation-at-the-goldman-j49h32erzrfh.html

User Image tickeron Posted - 3 weeks ago

$EVE vs. $LU vs. $RS: what is the best stock to add to your portfolio? #EVeMobilityAcquisition https://srnk.us/go/4907813

User Image tickeron Posted - 3 weeks ago

How to make the right investment? Pick the best $EVE vs. $LU vs. $RS. #EVeMobilityAcquisition https://srnk.us/go/4907767

User Image UncleStock Posted - 3 weeks ago

$STLD $IIIN $MLI $RS suggested for Industrial Metals and Mining - value screen: https://www.unclestock.com/ig/industrial-metals-and-mining

User Image StockAutomatePro Posted - 3 weeks ago

$RS The chart is indicating an upward trajectory for the stock price We alerted the BUY signal at $247 and we were able to close this one with profit at $265.04 💖

User Image Last10K Posted - 3 weeks ago

Last10K highlighted 35 positive and negative remarks in the $RS 10-Q filed today. See them in the Quarterly Report: https://last10k.com/sec-filings/RS/0001558370-23-017398.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=sentiment&utm_term=rs

User Image cctranscripts Posted - 3 weeks ago

Reliance Steel & Aluminum Co. Just Filed Its Quarterly Report: Note 10. Earnings P... https://www.conferencecalltranscripts.org/summary/?id=12668631 $RS

User Image cctranscripts Posted - 3 weeks ago

Looks like $RS has been repurchasing shares. The drop in share count ranks them #368 on this buybacks list: https://www.conferencecalltranscripts.org/cannibals/

User Image Last10K Posted - 3 weeks ago

$RS just filed a 10-Q Quarterly Report with 7 financial statements and 30 disclosures: https://last10k.com/sec-filings/rs/0001558370-23-017398.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=10KQ2040F&utm_term=rs

User Image UltraAlgo Posted - 3 weeks ago

$RS Rating downgraded to Sell based off 4 , 15-minute chart 🚀 Chart at UltraAlgo https://i.redd.it/hm7sc6z0xbxb1.png

User Image tickeron Posted - 3 weeks ago

What is the best stock to buy right now? Pick the best $BTC.X vs. $MARA vs. $RS. #bitcoin https://srnk.us/go/4904038

User Image StockAutomatePro Posted - 3 weeks ago

$RS The chart shows potential for significant gains in the stock price. We alerted the BUY signal at $246 and we were able to close this one with profit at $262.05 💖

User Image UltraAlgo Posted - 10/30/23

$RS Sell Rating from 7 signals , 15-min chart 🚀 Trial at UltraAlgo https://i.redd.it/8c7h8oylh8wb1.png

User Image UncleStock Posted - 4 weeks ago

$STLD $IIIN $MLI $RS suggested for Industrial Metals and Mining - value screen: https://www.unclestock.com/ig/industrial-metals-and-mining

User Image tickeron Posted - 4 weeks ago

What is the difference between $NUE and $RS? Learn it. #Nucor https://srnk.us/go/4901051

User Image cctranscripts Posted - 1 month ago

Interesting comments proposed on the $RS conf call transcript https://conferencecalltranscripts.com/summary/?id=531672&pr=true

User Image EarningsInsider Posted - 1 month ago

$RS updates Q4 guidance to $3.70-3.90 EPS. www.marketbeat.com/stocks/NYSE/RS/earnings/

User Image EarningsInsider Posted - 1 month ago

Reliance Steel & Aluminum announces earnings. $5.00 EPS. Misses estimates. $3.62b revenue. www.marketbeat.com/stocks/NYSE/RS/earnings/ $RS

User Image DonCorleone77 Posted - 1 month ago

$RS Reliance Steel sees Q4 adjusted EPS $3.70-$3.90, consensus $4.21 Reliance anticipates underlying demand will overall remain relatively healthy in the fourth quarter of 2023. The Company expects tons sold growth in the range of 3.5% to 5.5% compared to the fourth quarter of 2022, and, consistent with seasonal trends, a sequential decline of 4% to 6%. Although Reliance believes pricing for many products will be near trough levels in the current cycle at some point in the fourth quarter of 2023, with certain products leveling off or increasing modestly, the Company expects its average selling price per ton sold for the fourth quarter of 2023 to decline 4% to 6% compared to the third quarter of 2023. The Company also anticipates modest temporary downward pressure on its gross profit margin in the fourth quarter as a result of these declining price trends. Based on these expectations, the Company anticipates non-GAAP earnings per diluted share in the range of $3.70 to $3.90....

User Image DonCorleone77 Posted - 1 month ago

$RS 2 of 2 - Reliance Steel reports Q3 adjusted EPS $5.00, consensus $5.00 ....As a result, we delivered non-GAAP earnings per share of $5.00, in line with our guidance." Lewis continued, "Our profitability, combined with effective working capital management, generated strong operating cash flow of $466.0 million for the quarter. We invested $125.5 million in capital expenditures and returned $185.1 million to our stockholders. We will continue to leverage our strong balance sheet and significant liquidity to fund profitable growth and return value to our stockholders through dividends and share repurchases. We are excited about the many growth activities underway and that we anticipate arising under the Infrastructure Bill, the CHIPS Act, and the Inflation Reduction Act as well as onshoring and nearshoring activities in the markets we serve."

User Image DonCorleone77 Posted - 1 month ago

$RS 1 of 2 - Reliance Steel reports Q3 adjusted EPS $5.00, consensus $5.00 Reports Q3 revenue $3.62B, consensus $3.62B. "I'd like to commend the entire Reliance team for successfully executing our strategy during challenging times and delivering another quarter of solid financial performance, which was in line with our expectations," said Karla Lewis, President and CEO of Reliance. "While our tons sold were down slightly more than anticipated, we outperformed broader service center industry trends and maintained year-over-year growth. Consistent with our expectations, our average selling price per ton sold declined across our major commodity products. However, our pricing discipline, product diversification, small order sizes and industry-leading, value-added processing capabilities continue to provide us with gross profit margin stability that lessens the impact of declining prices on our gross profit margins.....

User Image Estimize Posted - 1 month ago

$RS misses the Estimize EPS Consensus by 12c and the Estimize Revenue Consensus by $2.19M. Reports FQ3 earnings of $5 EPS and $3.62B Revs http://www.estimize.com/rs/fq3-2023?utm_content=beat_or_miss&utm_medium=tweet&utm_source=stocktwits

User Image Last10K Posted - 1 month ago

$RS just filed with the SEC a Earnings Release, a Event for Officers and a Financial Exhibit https://last10k.com/sec-filings/RS/0001171843-23-006431.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=RS

User Image epsguid Posted - 1 month ago

$RS reported earnings of $5.00, consensus was $5.02 via @eWhispers #epsmiss http://eps.sh/d/rs

Analyst Ratings
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
Goldman Sachs Neutral Mar 13, 23
Goldman Sachs Neutral Mar 10, 23
Goldman Sachs Neutral Feb 21, 23
Citigroup Buy Feb 17, 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