Reliance, Inc. (NYSE:RS) Receives $326.20 Average Price Target from Analysts

Reliance, Inc. (NYSE:RS) has earned an average recommendation of “Hold” from the eight analysts that are presently covering the company, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $331.8333.

A number of equities analysts have recently weighed in on RS shares. KeyCorp started coverage on Reliance in a report on Wednesday, March 25th. They set an “overweight” rating and a $341.00 price target for the company. Wells Fargo & Company increased their price target on Reliance from $323.00 to $330.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 15th. Zacks Research upgraded Reliance from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 3rd. BMO Capital Markets cut Reliance from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $340.00 to $320.00 in a report on Friday, February 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Reliance in a report on Monday, December 29th.

Reliance News Roundup

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Q1 results topped expectations — EPS $5.16 vs. consensus $4.63 and revenue $4.03B vs. $3.89B; management said stronger pricing and broad demand across end markets drove the beat. This is the main catalyst lifting the stock. RS’ Q1 Earnings and Sales Surpass Estimates on Higher Prices
• Positive Sentiment: Q2 guidance raised — Reliance provided EPS guidance of $5.15–$5.35 for Q2 versus the prior consensus ~$5.00, implying continued price/mix strength into the next quarter (supports near-term earnings visibility). Reliance (RS) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Dividend declared — Reliance announced a $1.25 quarterly dividend (record May 22, payable June 5), returning cash to shareholders and supporting income-focused demand. (Yield ~1.4% annualized.)
• Neutral Sentiment: Analyst target updates — Bank of America raised its target to $355 (neutral rating) and JPMorgan raised its target to $345 (neutral). Both moves acknowledge earnings strength but keep a neutral stance, so they are unlikely to materially change sentiment alone. Benzinga TickerReport
• Neutral Sentiment: Transcripts and coverage available — The Q1 earnings and conference call transcripts are published (useful for detail on demand trends, pricing and margin outlook). Earnings Call Transcript Yahoo Markets
• Neutral Sentiment: Be aware of unrelated coverage — some headlines in the feed reference Reliance Industries (RIL), an unrelated Indian company; these items are not material to NYSE:RS. GoodReturns (RIL) FinancialExpress (RIL)

Reliance Stock Performance

NYSE RS opened at $352.13 on Monday. The stock has a market cap of $18.22 billion, a PE ratio of 22.97, a P/E/G ratio of 1.27 and a beta of 0.88. The company has a current ratio of 4.39, a quick ratio of 2.24 and a debt-to-equity ratio of 0.24. Reliance has a twelve month low of $260.31 and a twelve month high of $365.59. The stock has a fifty day simple moving average of $314.55 and a 200-day simple moving average of $302.78.

Reliance (NYSE:RS) last released its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.63 by $0.53. The business had revenue of $4.03 billion during the quarter, compared to analysts’ expectations of $3.89 billion. Reliance had a return on equity of 11.37% and a net margin of 5.42%.The company’s revenue was up 15.1% compared to the same quarter last year. During the same period in the prior year, the business posted $3.77 EPS. Reliance has set its Q2 2026 guidance at 5.150-5.350 EPS. Equities analysts anticipate that Reliance will post 17.84 earnings per share for the current year.

Reliance Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 22nd will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, May 22nd. Reliance’s dividend payout ratio (DPR) is 32.62%.

Insider Transactions at Reliance

In related news, COO Stephen Paul Koch sold 24,060 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $321.62, for a total transaction of $7,738,177.20. Following the completion of the transaction, the chief operating officer directly owned 14,021 shares in the company, valued at $4,509,434.02. This trade represents a 63.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP William A. Smith II sold 6,615 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $298.61, for a total value of $1,975,305.15. Following the transaction, the senior vice president owned 21,747 shares of the company’s stock, valued at $6,493,871.67. This trade represents a 23.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Reliance

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Venturi Wealth Management LLC boosted its holdings in Reliance by 0.9% during 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 acquiring an additional 34 shares during the period. First Citizens Bank & Trust Co. boosted its stake in shares of 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 during the period. Masso Torrence Wealth Management Inc. boosted its stake in shares of Reliance by 3.3% in the 3rd quarter. Masso Torrence Wealth Management Inc. now owns 1,148 shares of the industrial products company’s stock valued at $322,000 after buying an additional 37 shares during the period. Kathmere Capital Management LLC boosted its stake in shares of Reliance by 4.9% in the 4th quarter. Kathmere Capital Management LLC now owns 786 shares of the industrial products company’s stock valued at $227,000 after buying an additional 37 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of Reliance by 13.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 325 shares of the industrial products company’s stock valued at $91,000 after buying an additional 38 shares during the period. 79.26% of the stock is currently owned by hedge funds and other institutional investors.

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.