Reliance (NYSE:RS) Issues Quarterly Earnings Results

Reliance (NYSE:RS) announced its quarterly earnings results on Wednesday. The industrial products company reported $2.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.80 by ($0.40), FiscalAI reports. The firm had revenue of $3.50 billion during the quarter, compared to the consensus estimate of $3.45 billion. Reliance had a return on equity of 10.37% and a net margin of 5.23%.Reliance’s revenue was up 11.9% on a year-over-year basis. During the same period last year, the business earned $2.22 EPS. Reliance updated its Q1 2026 guidance to 4.500-4.70 EPS.

Reliance Price Performance

Shares of NYSE RS opened at $336.49 on Thursday. The company has a quick ratio of 2.08, a current ratio of 4.43 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $17.59 billion, a PE ratio of 24.60, a P/E/G ratio of 2.03 and a beta of 0.92. The firm has a fifty day simple moving average of $316.69 and a 200 day simple moving average of $294.58. Reliance has a twelve month low of $250.07 and a twelve month high of $365.59.

Reliance Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a dividend of $1.25 per share. This is a boost from Reliance’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, March 6th. Reliance’s payout ratio is 35.09%.

Analysts Set New Price Targets

A number of research analysts have commented on RS shares. Zacks Research raised Reliance from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 3rd. BMO Capital Markets decreased their target price on Reliance from $340.00 to $315.00 and set an “outperform” rating for the company in a report on Friday, October 24th. Wells Fargo & Company lifted their price target on shares of Reliance from $284.00 to $287.00 and gave the company an “equal weight” rating in a report on Friday, November 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Reliance in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Reliance from $345.00 to $340.00 and set an “overweight” rating for the company in a research report on Friday, December 5th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $317.25.

Insider Transactions at Reliance

In other Reliance news, CEO Karla R. Lewis sold 5,809 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $283.50, for a total transaction of $1,646,851.50. Following the transaction, the chief executive officer directly owned 84,421 shares in the company, valued at approximately $23,933,353.50. This represents a 6.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Stephen Paul Koch sold 3,066 shares of Reliance stock in a transaction on Monday, December 1st. The shares were sold at an average price of $283.56, for a total transaction of $869,394.96. Following the completion of the sale, the chief operating officer owned 14,021 shares of the company’s stock, valued at $3,975,794.76. This represents a 17.94% decrease in their position. The SEC filing for this sale provides additional information. 0.35% of the stock is owned by insiders.

Institutional Trading of Reliance

Several hedge funds have recently bought and sold shares of RS. Brown Brothers Harriman & Co. lifted its stake in shares of Reliance by 86.2% in the fourth quarter. Brown Brothers Harriman & Co. now owns 108 shares of the industrial products company’s stock valued at $31,000 after buying an additional 50 shares in the last quarter. Quarry LP acquired a new stake in shares of Reliance in the 3rd quarter worth about $32,000. Greenline Wealth Management LLC bought a new position in Reliance in the 4th quarter valued at about $32,000. Parkside Financial Bank & Trust boosted its stake in Reliance by 87.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 118 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 55 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in Reliance during the 3rd quarter worth approximately $39,000. Institutional investors and hedge funds own 79.26% of the company’s stock.

More Reliance News

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Chairman Mukesh Ambani announced a landmark plan to invest Rs 10 lakh crore (~$120+ billion at current FX) over seven years to build India’s AI compute, energy and applications infrastructure — a long‑term strategic push that could expand Reliance’s addressable market and strengthen Jio’s tech moat. Reliance to invest Rs 10 lakh crore in AI over seven years, Ambani tells India AI Summit
• Positive Sentiment: Board increased the quarterly dividend to $1.25 (4.2% raise) and the company repurchased $594.1M of common stock in 2025 — both signal management’s willingness to return cash and support EPS per share, which investors typically view as bullish. (Dividend and buyback details in the earnings release.) Reliance, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Revenue and operational volume trends were solid: Q4 net sales rose 11.9% year‑over‑year to $3.50B and the company reported record annual tons sold — evidence of demand resilience in core operations. Reliance, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Management set Q1 2026 EPS guidance of $4.50–$4.70 (consensus ~4.59) — the range overlaps estimates, so guidance is not a major surprise but will keep attention on near‑term execution. Reliance, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Management will present at the BMO Global Metals & Mining conference later this month — useful for investors wanting direct Q&A and more color but unlikely to move the stock materially by itself. Reliance, Inc. Announces Participation at the BMO Global Metals, Mining & Critical Minerals Conference
• Negative Sentiment: Q4 EPS of $2.40 missed consensus $2.80 by $0.40, reflecting margin compression and lower pretax income versus prior year — an immediate negative catalyst that can pressure near‑term sentiment. Reliance (RS) Misses Q4 Earnings Estimates

About Reliance

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.