Q3 Earnings Estimate for Reliance Issued By Seaport Res Ptn

Reliance, Inc. (NYSE:RS - Free Report) - Stock analysts at Seaport Res Ptn reduced their Q3 2025 earnings per share (EPS) estimates for Reliance in a report issued on Thursday, April 24th. Seaport Res Ptn analyst M. Englert now anticipates that the industrial products company will post earnings of $3.60 per share for the quarter, down from their prior forecast of $3.77. The consensus estimate for Reliance's current full-year earnings is $16.98 per share. Seaport Res Ptn also issued estimates for Reliance's Q4 2025 earnings at $2.87 EPS, FY2025 earnings at $14.76 EPS, Q1 2026 earnings at $4.71 EPS and Q2 2026 earnings at $5.12 EPS.

Reliance (NYSE:RS - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The industrial products company reported $3.77 EPS for the quarter, beating the consensus estimate of $3.66 by $0.11. The company had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.44 billion. Reliance had a return on equity of 11.87% and a net margin of 6.33%. The company's revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter last year, the company posted $5.30 earnings per share.

RS has been the topic of several other research reports. KeyCorp raised their price objective on shares of Reliance from $321.00 to $327.00 and gave the stock an "overweight" rating in a research note on Monday, February 24th. Wolfe Research raised shares of Reliance from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, January 8th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Reliance currently has a consensus rating of "Hold" and an average price target of $319.00.

Reliance Stock Performance

Shares of Reliance stock traded up $0.69 during trading on Monday, reaching $287.97. The company's stock had a trading volume of 239,016 shares, compared to its average volume of 399,132. The business's fifty day moving average price is $282.99 and its 200-day moving average price is $289.53. Reliance has a one year low of $250.07 and a one year high of $326.87. The firm has a market cap of $15.23 billion, a price-to-earnings ratio of 18.65 and a beta of 0.83. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.58 and a current ratio of 3.21.

Hedge Funds Weigh In On Reliance

A number of large investors have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD lifted its stake in shares of Reliance by 9.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,709,737 shares of the industrial products company's stock valued at $998,886,000 after acquiring an additional 319,576 shares during the period. Wellington Management Group LLP lifted its holdings in Reliance by 10.4% in the fourth quarter. Wellington Management Group LLP now owns 1,479,542 shares of the industrial products company's stock valued at $398,381,000 after buying an additional 138,866 shares during the period. First Trust Advisors LP lifted its stake in shares of Reliance by 15.5% in the 4th quarter. First Trust Advisors LP now owns 1,382,916 shares of the industrial products company's stock valued at $372,364,000 after purchasing an additional 185,873 shares during the period. Pacer Advisors Inc. grew its stake in shares of Reliance by 6,311.2% during the fourth quarter. Pacer Advisors Inc. now owns 816,465 shares of the industrial products company's stock worth $219,841,000 after purchasing an additional 803,730 shares during the period. Finally, Principal Financial Group Inc. increased its holdings in Reliance by 53.5% in the fourth quarter. Principal Financial Group Inc. now owns 725,685 shares of the industrial products company's stock valued at $195,402,000 after purchasing an additional 252,955 shares during the last quarter. 79.26% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Karla R. Lewis sold 31,136 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $300.52, for a total transaction of $9,356,990.72. Following the completion of the sale, the chief executive officer now directly owns 90,230 shares of the company's stock, valued at $27,115,919.60. This trade represents a 25.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.35% of the company's stock.

Reliance Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend is Friday, May 23rd. Reliance's dividend payout ratio is 34.41%.

Reliance Company Profile

Reliance, Inc operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries.