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Reliance Steel & Aluminum Co. (RS)

NYSE: RS · IEX Real-Time Price · USD
151.39 -2.01 (-1.31%)
Dec 3, 2021 4:00 PM EST - Market closed
Market Cap9.61B
Revenue (ttm)12.24B
Net Income (ttm)1.12B
Shares Out63.49M
EPS (ttm)17.36
PE Ratio8.72
Forward PE10.99
Dividend$2.75 (1.82%)
Ex-Dividend DateNov 18, 2021
Volume330,900
Open153.71
Previous Close153.40
Day's Range149.79 - 155.34
52-Week Range114.26 - 181.21
Beta1.01
AnalystsBuy
Price Target177.50 (+17.2%)
Earnings DateOct 28, 2021

About RS

Reliance Steel & Aluminum Co. operates as a metals service center company. The company provides alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products and processing services to general manufacturing, non-residential construction, transportation, aerospace and defense, energy, electronics and semiconductor fabrication, and heavy industries. It also offers precision sheet metal fabrication services, including laser cutting, stamping, turret punching, machining, and powder coating and welding; and to...

IndustryMetals & Mining
IPO DateSep 15, 1994
CEOJames Hoffman
Employees12,800
Stock ExchangeNYSE
Ticker SymbolRS
Full Company Profile

Financial Performance

In 2020, RS's revenue was $8.81 billion, a decrease of -19.70% compared to the previous year's $10.97 billion. Earnings were $369.10 million, a decrease of -47.38%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for RS stock is "Buy." The 12-month stock price forecast is 177.50, which is an increase of 17.25% from the latest price.

Price Target
$177.50
(17.25% upside)
Analyst Consensus: Buy

News

Has Reliance Steel (RS) Outpaced Other Industrial Products Stocks This Year?

Here is how Reliance Steel (RS) and ScanSource (SCSC) have performed compared to their sector so far this year.

4 days ago - Zacks Investment Research

Are Investors Undervaluing Reliance Steel (RS) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 weeks ago - Zacks Investment Research

A Duo of Stocks for the GARP Investor

There are some investors who believe growth is important, but also do not want to pay too much for it. They are screening the market for stocks in which growth and value are working together, laying a s...

Other symbols:MTH
2 weeks ago - GuruFocus

Reliance Steel & Aluminum Co. Announces Participation at the Goldman Sachs Global Metals & Mining Conference

LOS ANGELES, Nov. 11, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) announced today that James Hoffman, Chief Executive Officer, Karla Lewis, President, and Arthur Ajemyan, Vice Pres...

3 weeks ago - GlobeNewsWire

Should Value Investors Buy Reliance Steel (RS) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Best Income Stocks to Buy for November 1st

MBWM, CIVB, BG, and RS made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 1, 2021.

Other symbols:BGCIVBMBWM
1 month ago - Zacks Investment Research

New Strong Buy Stocks for November 1st

FTDR, PAG, CE, BG, and RS have been added to the Zacks Rank #1 (Strong Buy) List on November 1st.

Other symbols:BGCEFTDRPAG
1 month ago - Zacks Investment Research

Best Value Stocks to Buy for November 1st

PAG, RS, CE, and JBL made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 1, 2021.

Other symbols:CEJBLPAG
1 month ago - Zacks Investment Research

Reliance Steel's (RS) Q3 Earnings and Revenues Top Estimates

Reliance Steel (RS) registers record sales in Q3 on favorable pricing and strong underlying demand in many of its major end markets.

1 month ago - Zacks Investment Research

Reliance Steel (RS) is an Incredible Growth Stock: 3 Reasons Why

Reliance Steel (RS) possesses solid growth attributes, which could help it handily outperform the market.

1 month ago - Zacks Investment Research

Why Reliance Steel (RS) is a Top Growth Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

1 month ago - Zacks Investment Research

Reliance Steel (RS) Surpasses Q3 Earnings and Revenue Estimates

Reliance Steel (RS) delivered earnings and revenue surprises of 3.54% and 3.65%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Reliance Steel & Aluminum Co. Reports Record Third Quarter 2021 Financial Results

- Record quarterly net sales of $3.85 billion - Record quarterly gross profit of $1.21 billion driven by strong gross profit margin of 31.5% - LIFO expense of $262.5 million or $3.06 per diluted share -...

1 month ago - GlobeNewsWire

Should You Buy Reliance Steel (RS) Ahead of Earnings?

Reliance Steel (RS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Reliance Steel (RS) Reports Next Week: Wall Street Expects Earnings Growth

Reliance Steel (RS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

New Strong Buy Stocks for October 18th

PKX, MOV, RS, XOM, and ESI have been added to the Zacks Rank #1 (Strong Buy) List on October 18, 2021.

Other symbols:ESIMOVPKXXOM
1 month ago - Zacks Investment Research

This 1 Industrial Products Stock Could Beat Earnings: Why It Should Be on Your Radar

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

1 month ago - Zacks Investment Research

Reliance Steel & Aluminum Co. To Announce Third Quarter 2021 Results on Thursday, October 28th

LOS ANGELES, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report third quarter 2021 financial results for the period ended September 30, 2021, o...

1 month ago - GlobeNewsWire

Why Reliance Steel (RS) is Poised to Beat Earnings Estimates Again

Reliance Steel (RS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

Reliance Steel (RS) Wraps Up Merfish United Acquisition

Reliance (RS) completes the acquisition of Merfish, in line with its strategy of taking over companies that have an immediate accretion.

1 month ago - Zacks Investment Research

Is Reliance Steel & Aluminum a Value Stock for Investors?

Let's see if Reliance Steel & Aluminum (RS) stock is a good choice for value-oriented investors right now from multiple angles.

1 month ago - Zacks Investment Research

Reliance Steel & Aluminum Co. Announces Appointment of Frank J. Dellaquila to Board of Directors

LOS ANGELES, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today announced the appointment of Frank J. Dellaquila, 64, to serve as an independent director. Mr. Dellaquila's ...

1 month ago - GlobeNewsWire

Reliance Steel & Aluminum Co. Completes Acquisition of Merfish United

LOS ANGELES, Oct. 04, 2021 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that effective October 1, 2021, it has acquired Merfish United, a leading master distributor of tub...

2 months ago - GlobeNewsWire

Top Ranked Value Stocks to Buy for September 23rd

AAWW, RS, GES, and RM made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 23, 2021.

Other symbols:AAWWGESRM
2 months ago - Zacks Investment Research

Why Reliance Steel & Aluminum (RS) Stock Might be a Great Pick

Reliance Steel & Aluminum (RS) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

2 months ago - Zacks Investment Research