RELIANCE, INC.
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No SEC Form 4 filings for $RS in the last 30 days.
See all $RS insider activity →Analysts from Morgan Stanley and Barclays maintained ratings on Rio Tinto (RTNTF) and Reliance Steel (RS). Morgan Stanley's Gabriel kept a Sell rating on RTNTF with a A$146 target, while Barclays' Garchitorena maintained a Hold on RS with a $445 target. Both stocks have consensus ratings of Moderate Buy (RTNTF) and Hold (RS).
KeyBanc raised its price target for Reliance Steel (RS) to $437 from $421, citing market share gains and strong Q3 2026 results. The firm highlighted solid free cash flow, diversified exposure, and share buybacks. RS reported non-GAAP EPS of $8.02 and revenue of $5.21B, exceeding expectations. The stock trades at a P/E of 19.6 and PEG of 0.34, but is seen as overvalued relative to fair value.
Reliance reported Q3 earnings with sales up 43% YoY, driven by higher shipments and pricing. Gross profit rose 12% sequentially to $1.5B, but margins were pressured by LIFO expenses and the border wall project. The company raised its full-year LIFO expense outlook to $450M. Reliance expects Q4 EPS of $7.40-$7.60, including $0.70 from the border wall contract. It also increased its share repurchase authorization to $2.5B.
Over the past 7 days, AlphAI's AI scored 6 news stories mentioning RS (RELIANCE, INC.). Coverage has skewed bullish: 3 bullish, 3 neutral, and 0 bearish.
Recent RS coverage spans earnings, financial news and corporate actions.
Neutral to slight downside as price targets are modestly above current levels.
Analyst upgrade suggests potential upside.
Earnings beat on sales and margin but higher LIFO expense may weigh on near-term profitability.
Analyst target raise suggests modest upside pressure.
The dividend announcement is a routine corporate action with limited market impact.
AlphAI scores every news story that mentions RS with an AI model for sentiment and relevance, and aggregates insider trades from RELIANCE, INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Analysts from Morgan Stanley and Barclays maintained ratings on Rio Tinto (RTNTF) and Reliance Steel (RS). Morgan Stanley's Gabriel kept a Sell rating on RTNTF with a A$146 target, while Barclays' Garchitorena maintained a Hold on RS with a $445 target. Both stocks have consensus ratings of Moderate Buy (RTNTF) and Hold (RS).
1 min readKeyBanc raised its price target for Reliance Steel (RS) to $437 from $421, citing market share gains and strong Q3 2026 results. The firm highlighted solid free cash flow, diversified exposure, and share buybacks. RS reported non-GAAP EPS of $8.02 and revenue of $5.21B, exceeding expectations. The stock trades at a P/E of 19.6 and PEG of 0.34, but is seen as overvalued relative to fair value.
1 min readReliance reported Q3 earnings with sales up 43% YoY, driven by higher shipments and pricing. Gross profit rose 12% sequentially to $1.5B, but margins were pressured by LIFO expenses and the border wall project. The company raised its full-year LIFO expense outlook to $450M. Reliance expects Q4 EPS of $7.40-$7.60, including $0.70 from the border wall contract. It also increased its share repurchase authorization to $2.5B.
2 min readWells Fargo maintained an Equal-Weight rating on Reliance RS (RS) but raised its price target to $420 from $391, citing cautious optimism. GuruFocus values RS at $381.26, suggesting it is 11.8% overvalued. The company has a GF Score of 87/100, strong insider selling, and a P/E ratio of 24.8.
2 min readReliance, Inc. (RS) announced a $1.25 per share quarterly dividend, matching its previous payout. The forward yield is 1.19%. The dividend is payable on December 4 to shareholders of record on November 20, with an ex-dividend date of November 20.
1 min readReliance, Inc. (RS) reported Q3 profit of $402.9M, or $7.84 per share, beating analyst estimates of $6.76 per share. Revenue was $5.21B, exceeding expectations of $4.68B. The company forecasts Q4 EPS between $7.40 and $7.60.
2 min readRELIANCE, INC. (RS) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 Reliance, Inc. Reports Third Quarter 2026 Financial Results Record net sales of $5.21 billion, up 13% sequentially, with record tons sold up 4.3% EPS of $7.84; non-GAAP EPS of $8.02, up 120% year-over-year, significantly exceeding expectations Pretax income of $531.9
3 min readState Street SPDR S&P Metals & Mining ETF (XME) sold shares in five companies on Oct. 14, 2026, totaling $149.8M. The largest sales were Cleveland Cliffs (CLF) at $8.8M, Reliance (RS) at $8.7M, and Steel Dynamics (STLD) at $8.5M. The fund holds 38 stocks, with top holdings in basic materials, energy, and industrials.
2 min readBarclays initiated coverage on Reliance Steel (RS) with an Equalweight rating and a $420 price target, citing its strong business model and operational metrics. The company reported Q2 2026 earnings of $6.27 per share on $4.63B revenue, beating estimates. Analysts from BMO and KeyBanc also raised their price targets. RS is trading at 11x 2027 EV/EBITDA, with no immediate catalyst for re-rating.
2 min readReliance, Inc. (NYSE: RS) will release its Q3 2026 results on October 21, 2026, followed by a conference call on October 22, 2026. The company is a diversified metal solutions provider with operations in North America and 10 other countries. In 2025, its average order size was $3,120, with 49% of orders including value-added processing and 40% delivered within 24 hours.
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