Research Analysts Offer Predictions for Reliance Q4 Earnings

Reliance, Inc. (NYSE:RS) – KeyCorp issued their Q4 2026 earnings per share estimates for shares of Reliance in a research report issued on Sunday, October 25th. KeyCorp analyst S. Mckinney forecasts that the industrial products company will earn $7.87 per share for the quarter. KeyCorp currently has an “Overweight” rating and a $437.00 target price on the stock. The consensus estimate for Reliance’s current full-year earnings is $24.99 per share.

A number of other research analysts have also recently issued reports on the company. Wall Street Zen raised Reliance from a “buy” rating to a “strong-buy” rating in a report on Saturday. Barclays upped their target price on shares of Reliance from $420.00 to $445.00 and gave the stock an “equal weight” rating in a report on Monday, October 26th. Zacks Research upgraded shares of Reliance from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. BMO Capital Markets lifted their price target on shares of Reliance from $390.00 to $415.00 and gave the company a “market perform” rating in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Reliance from $400.00 to $420.00 and gave the company a “neutral” rating in a research report on Wednesday, October 28th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $400.29.

Reliance Stock Performance

Shares of NYSE:RS opened at $444.28 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.12 and a quick ratio of 2.22. The business’s fifty day moving average price is $402.79 and its two-hundred day moving average price is $369.54. Reliance has a fifty-two week low of $263.12 and a fifty-two week high of $454.93. The stock has a market capitalization of $22.63 billion, a price-to-earnings ratio of 20.71, a price-to-earnings-growth ratio of 0.94 and a beta of 0.95.

Reliance (NYSE:RS) last posted its earnings results on Wednesday, October 21st. The industrial products company reported $8.02 EPS for the quarter, topping the consensus estimate of $6.83 by $1.19. The business had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $4.74 billion. Reliance had a return on equity of 15.31% and a net margin of 6.38%. Reliance’s revenue was up 42.8% on a year-over-year basis. During the same quarter last year, the company earned $3.64 EPS.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Costello Asset Management INC bought a new stake in Reliance during the 1st quarter worth about $30,000. N.E.W. Advisory Services LLC bought a new position in shares of Reliance in the second quarter worth about $37,000. Osterweis Capital Management Inc. bought a new position in shares of Reliance in the second quarter worth about $41,000. Reyes Financial Architecture Inc. acquired a new position in shares of Reliance during the third quarter worth approximately $43,000. Finally, Compass Financial Management LLC acquired a new position in shares of Reliance during the second quarter worth approximately $46,000. 79.26% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, COO Stephen Koch sold 8,334 shares of the stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $430.87, for a total transaction of $3,590,870.58. Following the sale, the chief operating officer owned 8,209 shares in the company, valued at approximately $3,537,011.83. This represents a 50.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.40% of the company’s stock.

Reliance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 20th will be paid a $1.25 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $5.00 dividend on an annualized basis and a yield of 1.1%. Reliance’s payout ratio is currently 23.31%.

Reliance News Summary

Here are the key news stories impacting Reliance this week:

• Neutral Sentiment: Reliance Industries’ reported record quarterly profit of Rs 29,550 crore prompted a sharp rally and a positive analyst recommendation for that company—not Reliance, Inc. Reliance Industries Q2 profit hits record
• Neutral Sentiment: The asset-attachment report concerns the Anil Ambani group; it does not identify Reliance, Inc. (RS) as involved. ED attaches Anil Ambani group assets
• Neutral Sentiment: Other items concern Indian-stock trading commentary or MobiKwik and do not provide a clear update on RS. Indian stocks trading commentary

About Reliance

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.