Reliance/RS

$300.55

-0.9%
-
1D1W1MYTD1YMAX

About Reliance

Reliance, Inc. is a diversified metal solutions provider and has a metals service center company in North America. The Company provides value-added metals processing services and distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, specialty carbon and alloy steel plate and round bar and specialty steel products. It serves various industries, such as general manufacturing, non-residential construction (including infrastructure), transportation (rail, truck trailer and shipbuilding), aerospace (commercial, military, defense, and space, and heavy industry, energy (oil and natural gas). It also services the auto industry, primarily through its toll processing operation. It has a network of approximately 315 locations in 40 states and in 12 foreign countries, including Belgium, Canada, China, France, India, Malaysia, Mexico, Singapore, South Korea, Turkey, the United Arab Emirates and the United Kingdom.

Ticker

RS

Sector

Basic Materials

Trading on

NYSE

Industry

Misc. Fabricated Products

CEO

Karla Lewis

Employees

15,000

Headquarters

Scottsdale, United States

Reliance Metrics

BasicAdvanced
$17B
Market cap
14.17
P/E ratio
$21.41
EPS
0.90
Beta
$4.10
Dividend rate
1.45%
Dividend yield
$17B
0.89618
$342.20
$229.12
287K
$4.10
5.742
3.215
14.404
14.408
19.22%
22.285
41.62%
12.04%
16.44%
13.21%
14.168
1.202
2.196
3.613
24.99
1.69%
1.35%
1.45%
-12.23%
-23.31%
18.88%
58.77%
16.96%

What the Analysts think about Reliance

Analyst Ratings

Majority rating from 7 analysts.
Hold

Price Targets

Average projection from 5 analysts.
17.85% upside
High $380.00
Low $335.00
$300.55
Current price
$354.20
Average price target

Reliance Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.31% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$3.6B
9.21%
Net income
$303M
11.07%
Profit margin
8.31%
1.71%

Reliance Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 4.22%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$6.49
$4.99
$4.73
$5.30
-
Expected
$6.55
$5.00
$3.92
$5.53
$4.78
Surprise
-0.96%
-0.24%
20.71%
-4.22%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Reliance stock?

Reliance (RS) has a market cap of $17B as of May 22, 2024.

What is the P/E ratio for Reliance stock?

The price to earnings (P/E) ratio for Reliance (RS) stock is 14.17 as of May 22, 2024.

Does Reliance stock pay dividends?

Yes, the Reliance (RS) stock pays dividends to shareholders. As of May 22, 2024, the dividend rate is $4.1 and the yield is 1.45%. Reliance has a payout ratio of 19.22% on a trailing twelve-month basis.

When is the next Reliance dividend payment date?

The next Reliance (RS) dividend payment is scheduled for June 07, 2024.

What is the beta indicator for Reliance?

Reliance (RS) has a beta rating of 0.9. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Reliance stock price target?

The target price for Reliance (RS) stock is $354.2, which is 17.85% above the current price of $300.55. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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