FY2026 EPS Estimates for Reliance Cut by Zacks Research

Reliance, Inc. (NYSE:RS) – Equities researchers at Zacks Research decreased their FY2026 EPS estimates for Reliance in a research report issued to clients and investors on Monday, March 2nd. Zacks Research analyst Team now expects that the industrial products company will earn $16.97 per share for the year, down from their previous estimate of $18.43. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Reliance’s current full-year earnings is $16.98 per share. Zacks Research also issued estimates for Reliance’s Q4 2026 earnings at $3.59 EPS, Q1 2027 earnings at $4.68 EPS, Q2 2027 earnings at $5.06 EPS and FY2027 earnings at $17.88 EPS.

A number of other research analysts also recently weighed in on RS. Weiss Ratings restated a “hold (c)” rating on shares of Reliance in a research note on Monday, December 29th. Wall Street Zen downgraded Reliance from a “buy” rating to a “hold” rating in a report on Sunday. BMO Capital Markets cut shares of Reliance from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $340.00 to $320.00 in a research note on Friday, February 20th. KeyCorp restated an “overweight” rating on shares of Reliance in a report on Wednesday, January 7th. Finally, Wells Fargo & Company upped their price target on shares of Reliance from $315.00 to $323.00 and gave the stock an “equal weight” rating in a research report on Monday. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $324.33.

Reliance Price Performance

NYSE:RS opened at $312.55 on Wednesday. Reliance has a 52-week low of $250.07 and a 52-week high of $365.59. The company has a market cap of $16.17 billion, a P/E ratio of 22.37, a P/E/G ratio of 1.19 and a beta of 0.91. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.30 and a current ratio of 4.88. The stock’s 50-day simple moving average is $321.78 and its 200 day simple moving average is $296.76.

Reliance (NYSE:RS) last issued its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $2.40 EPS for the quarter, missing the consensus estimate of $2.80 by ($0.40). Reliance had a return on equity of 10.45% and a net margin of 5.17%.The business had revenue of $3.50 billion for the quarter, compared to the consensus estimate of $3.45 billion. During the same period last year, the firm earned $2.22 earnings per share. The company’s quarterly revenue was up 11.9% compared to the same quarter last year. Reliance has set its Q1 2026 guidance at 4.500-4.70 EPS.

Reliance Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid a $1.25 dividend. This is an increase from Reliance’s previous quarterly dividend of $1.20. The ex-dividend date is Friday, March 6th. This represents a $5.00 dividend on an annualized basis and a yield of 1.6%. Reliance’s dividend payout ratio (DPR) is currently 34.36%.

Insiders Place Their Bets

In other Reliance news, COO Stephen Paul Koch sold 24,060 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $321.62, for a total transaction of $7,738,177.20. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.35% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in RS. Elevation Wealth Partners LLC bought a new stake in shares of Reliance during the 4th quarter valued at approximately $28,000. Brown Brothers Harriman & Co. boosted its position in Reliance by 86.2% in the fourth quarter. Brown Brothers Harriman & Co. now owns 108 shares of the industrial products company’s stock valued at $31,000 after buying an additional 50 shares in the last quarter. Greenline Wealth Management LLC bought a new stake in shares of Reliance during the fourth quarter worth $32,000. Quarry LP bought a new stake in shares of Reliance during the third quarter worth $32,000. Finally, Guerra Advisors Inc acquired a new position in shares of Reliance during the third quarter worth $34,000. 79.26% of the stock is owned by institutional investors.

Reliance News Summary

Here are the key news stories impacting Reliance this week:

• Positive Sentiment: Wells Fargo issued a positive forecast for RS, signaling institutional bullishness that can support the stock even as other analysts trim estimates. Wells Fargo & Company Issues Positive Forecast for Reliance (NYSE:RS) Stock Price
• Positive Sentiment: A Zacks commentary argues investors should retain Reliance, citing growth via recent acquisitions, strong liquidity metrics and steady construction demand — positives for revenue stability and cash flow that may counter cyclical weakness in aerospace/semiconductors and higher aluminum costs. Here’s Why You Should Retain Reliance Stock in Your Portfolio
• Neutral Sentiment: Zacks continues to carry a “Hold” rating on RS and the consensus full‑year earnings view remains around $16.98, indicating mixed analyst conviction — not an outright sell signal but a reason for subdued momentum. MarketBeat: Reliance (RS) – Analyst Coverage
• Negative Sentiment: Zacks Research cut multiple near‑term and fiscal EPS estimates (Q4 2026, Q1 & Q2 2027, FY2026 and FY2027 among others), trimming FY2027 from $19.66 to $17.88 and reducing several quarterly forecasts — these downgrades weigh on sentiment and help explain intraday weakness. MarketBeat: Reliance (RS) – Zacks estimate revisions

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.