Research Analysts Offer Predictions for Reliance Q1 Earnings

Reliance, Inc. (NYSE:RS) – Equities researchers at Zacks Research increased their Q1 2027 earnings estimates for Reliance in a research report issued to clients and investors on Wednesday, August 5th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $5.09 per share for the quarter, up from their prior forecast of $4.97. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Reliance’s current full-year earnings is $21.33 per share. Zacks Research also issued estimates for Reliance’s Q2 2027 earnings at $5.48 EPS.

A number of other brokerages have also weighed in on RS. Wells Fargo & Company boosted their target price on shares of Reliance from $372.00 to $398.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Citigroup restated a “neutral” rating on shares of Reliance in a research note on Wednesday, July 29th. Bank of America lowered Reliance from a “neutral” rating to an “underperform” rating and set a $365.00 price objective for the company. in a report on Thursday, April 30th. Weiss Ratings upgraded Reliance from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Finally, Seaport Research Partners increased their target price on Reliance from $340.00 to $390.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Reliance has a consensus rating of “Hold” and a consensus target price of $378.67.

Reliance Trading Up 1.5%

Shares of RS stock opened at $421.14 on Thursday. The company has a current ratio of 4.30, a quick ratio of 2.27 and a debt-to-equity ratio of 0.22. Reliance has a 12-month low of $260.31 and a 12-month high of $424.77. The stock has a market capitalization of $21.50 billion, a P/E ratio of 24.48, a P/E/G ratio of 1.11 and a beta of 0.96. The firm’s 50 day moving average is $393.82 and its 200 day moving average is $353.42.

Reliance (NYSE:RS) last released its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $6.27 earnings per share for the quarter, beating the consensus estimate of $5.47 by $0.80. The firm had revenue of $4.63 billion during the quarter, compared to analysts’ expectations of $4.26 billion. Reliance had a net margin of 5.65% and a return on equity of 12.51%. The firm’s quarterly revenue was up 26.5% on a year-over-year basis. During the same period in the previous year, the company earned $4.43 earnings per share. Reliance has set its Q3 2026 guidance at 6.400-6.600 EPS.

Reliance Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, August 14th. Reliance’s dividend payout ratio is currently 29.07%.

Insider Buying and Selling

In other Reliance news, CFO Arthur Ajemyan sold 2,200 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $410.11, for a total value of $902,242.00. Following the transaction, the chief financial officer directly owned 14,640 shares in the company, valued at approximately $6,004,010.40. This trade represents a 13.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP William A. Smith II sold 2,353 shares of Reliance stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $414.21, for a total transaction of $974,636.13. Following the transaction, the senior vice president owned 19,394 shares in the company, valued at $8,033,188.74. This represents a 10.82% decrease in their position. The SEC filing for this sale provides additional information. 0.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Reliance

Institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC increased its stake in shares of Reliance by 1.7% during the first quarter. Parallel Advisors LLC now owns 1,908 shares of the industrial products company’s stock worth $580,000 after purchasing an additional 31 shares in the last quarter. Venturi Wealth Management LLC lifted its stake in Reliance by 0.9% in the 1st quarter. Venturi Wealth Management LLC now owns 3,979 shares of the industrial products company’s stock valued at $1,209,000 after buying an additional 34 shares in the last quarter. First Citizens Bank & Trust Co. lifted its stake in Reliance by 1.7% in the 4th quarter. First Citizens Bank & Trust Co. now owns 2,036 shares of the industrial products company’s stock valued at $588,000 after buying an additional 35 shares in the last quarter. Kathmere Capital Management LLC boosted its holdings in Reliance by 4.8% in the 1st quarter. Kathmere Capital Management LLC now owns 824 shares of the industrial products company’s stock worth $250,000 after buying an additional 38 shares during the last quarter. Finally, Root Financial Partners LLC boosted its holdings in Reliance by 27.6% in the 1st quarter. Root Financial Partners LLC now owns 185 shares of the industrial products company’s stock worth $56,000 after buying an additional 40 shares during the last quarter. 79.26% of the stock is owned by institutional investors.

Key Headlines Impacting Reliance

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Zacks upgraded Reliance to “Strong Buy” from “Hold,” adding momentum to the recent rally and signaling confidence in the company’s earnings outlook. Zacks.com
• Positive Sentiment: Rising earnings estimates are supporting the stock. Zacks said recent estimate revisions indicate Reliance’s shares could continue moving higher in the near term. Earnings Estimates Moving Higher for Reliance
• Positive Sentiment: Reliance was added to Zacks’ Rank #1 “Strong Buy” lists, including its income-stock list, reinforcing the bullish analyst-driven narrative. New Strong Buy Stocks for August 4th
• Positive Sentiment: The company’s latest quarter exceeded expectations, with adjusted EPS of $6.27 versus a $5.47 consensus estimate and revenue of $4.63 billion versus $4.26 billion expected. Revenue increased 26.5% year over year, while third-quarter EPS guidance of $6.40–$6.60 remains constructive.
• Neutral Sentiment: Reliance announced a quarterly dividend of $1.25 per share, equivalent to a $5.00 annual payout and an approximately 1.2% yield. The dividend supports income appeal but is unlikely to be a major short-term catalyst.
• Negative Sentiment: CFO Arthur Ajemyan sold 2,200 shares for approximately $902,242, reducing his holdings by 13.06%. The sale is a modest negative insider signal, although he continues to own 14,640 shares. Reliance CFO Insider Sale
• Negative Sentiment: Valuation and analyst caution could limit further gains: Reliance trades above the reported average analyst target of $378.67, while the consensus rating remains “Hold,” including one “Sell” rating.

Reliance Company Profile

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.