Reliance (NYSE:RS) Releases Q4 2026 Earnings Guidance

Reliance (NYSE:RS) issued an update on its fourth quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 7.400-7.600 for the period, compared to the consensus earnings per share estimate of 5.830.

Reliance Stock Up 0.2%

NYSE:RS traded up $0.73 during trading hours on Friday, reaching $418.65. 75,762 shares of the company traded hands, compared to its average volume of 340,898. The business’s 50-day moving average price is $397.76 and its two-hundred day moving average price is $385.39. The stock has a market capitalization of $21.38 billion, a P/E ratio of 24.33, a P/E/G ratio of 0.96 and a beta of 0.95. Reliance has a 1 year low of $263.12 and a 1 year high of $435.00. 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 (NYSE:RS) last released its earnings results on Wednesday, October 21st. The industrial products company reported $8.02 EPS for the quarter, topping the consensus estimate of $6.83 by $1.19. Reliance had a return on equity of 15.57% and a net margin of 6.38%. The business had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $4.74 billion. During the same period in the previous year, the company posted $3.64 earnings per share. The company’s revenue for the quarter was up 42.8% compared to the same quarter last year. Analysts predict that Reliance will post 23.70 earnings per share for the current year.

Reliance Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 20th will be paid a $1.25 dividend. The ex-dividend date is Friday, November 20th. This represents a $5.00 dividend on an annualized basis and a yield of 1.2%. Reliance’s payout ratio is presently 29.07%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on RS. Zacks Research upgraded shares of Reliance from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Citigroup reiterated a “neutral” rating on shares of Reliance in a research note on Wednesday, July 29th. Weiss Ratings raised Reliance from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. KeyCorp boosted their price target on Reliance from $418.00 to $421.00 and gave the stock an “overweight” rating in a research note on Monday, October 5th. Finally, Wall Street Zen cut Reliance from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 11th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $391.57.

Insider Buying and Selling

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

Reliance Company Profile

Reliance, Inc (NYSE: RS) is a diversified metals service center company that supplies processed metal products and related services to industrial manufacturers, fabricators, and other commercial customers. Its product offerings include carbon steel, stainless steel, aluminum, copper, brass, and other specialty metals.

The company provides value-added processing services such as cutting, slitting, leveling, blanking, machining, forming, and precision sawing. These services allow customers to purchase metals in customized sizes and specifications, helping reduce their need for in-house processing and inventory management.

Founded in 1939, Reliance serves a broad range of industries, including nonresidential construction, transportation, aerospace and defense, energy, electronics, machinery, and general manufacturing.