A number of research firms have changed their ratings and price targets for Reliance (NYSE: RS):
- 10/31/2026 – Reliance was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 10/28/2026 – Reliance was downgraded by Weiss Ratings from “buy (b)” to “hold (c)”.
- 10/28/2026 – Reliance had its price target raised by JPMorgan Chase & Co. from $400.00 to $420.00. They now have a “neutral” rating on the stock.
- 10/26/2026 – Reliance had its price target raised by KeyCorp from $421.00 to $437.00. They now have an “overweight” rating on the stock.
- 10/26/2026 – Reliance had its price target raised by Barclays from $420.00 to $445.00. They now have an “equal weight” rating on the stock.
- 10/22/2026 – Reliance had its price target raised by Wells Fargo & Company from $391.00 to $420.00. They now have an “equal weight” rating on the stock.
- 10/14/2026 – Reliance is now covered by Barclays. They set an “equal weight” rating and a $420.00 price target on the stock.
- 10/14/2026 – Reliance is now covered by Barclays. They set an “equal weight” rating and a $420.00 price target on the stock.
- 10/11/2026 – Reliance was downgraded by Wall Street Zen from “strong-buy” to “buy”.
- 10/9/2026 – Reliance had its price target raised by JPMorgan Chase & Co. from $390.00 to $400.00. They now have a “neutral” rating on the stock.
- 10/8/2026 – Reliance was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/5/2026 – Reliance had its price target raised by KeyCorp from $418.00 to $421.00. They now have an “overweight” rating on the stock.
- 10/3/2026 – Reliance was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 9/9/2026 – Reliance had its price target lowered by JPMorgan Chase & Co. from $398.00 to $390.00. They now have a “neutral” rating on the stock.
Reliance Stock Performance
RS traded down $4.83 during trading hours on Wednesday, reaching $439.01. The company’s stock had a trading volume of 128,395 shares, compared to its average volume of 340,488. The company’s 50-day moving average is $402.79 and its 200-day moving average is $369.54. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.22 and a current ratio of 4.12. Reliance, Inc. has a 52 week low of $263.12 and a 52 week high of $454.93. The firm has a market cap of $22.36 billion, a PE ratio of 20.47, a price-to-earnings-growth ratio of 0.94 and a beta of 0.95.
Reliance (NYSE:RS – Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The industrial products company reported $8.02 earnings per share for the quarter, topping the consensus estimate of $6.83 by $1.19. The business had revenue of $5.21 billion for the quarter, compared to analysts’ expectations of $4.74 billion. Reliance had a return on equity of 15.31% and a net margin of 6.38%. The business’s revenue was up 42.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.64 earnings per share. On average, equities analysts forecast that Reliance, Inc. will post 24.99 EPS for the current year.
Reliance Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 20th will be given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Friday, November 20th. Reliance’s dividend payout ratio is 23.31%.
Insider Buying and Selling at Reliance
In other Reliance news, COO Stephen Koch sold 8,334 shares of Reliance stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $430.87, for a total value of $3,590,870.58. Following the transaction, the chief operating officer directly owned 8,209 shares of the company’s stock, valued at approximately $3,537,011.83. The trade was a 50.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.40% of the company’s stock.
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.
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