What is KeyCorp’s Estimate for Reliance FY2026 Earnings?

Reliance, Inc. (NYSE:RS) – Analysts at KeyCorp issued their FY2026 earnings estimates for shares of Reliance in a research report issued on Tuesday, January 6th. KeyCorp analyst P. Gibbs anticipates that the industrial products company will post earnings per share of $19.70 for the year. KeyCorp has a “Overweight” rating on the stock. The consensus estimate for Reliance’s current full-year earnings is $16.98 per share.

Reliance (NYSE:RS) last posted its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $3.64 earnings per share for the quarter, missing analysts’ consensus estimates of $3.68 by ($0.04). Reliance had a return on equity of 10.37% and a net margin of 5.23%.The company had revenue of $3.65 billion for the quarter, compared to analyst estimates of $3.54 billion. The business’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.64 earnings per share. Reliance has set its Q4 2025 guidance at 2.650-2.85 EPS.

Several other research firms have also commented on RS. JPMorgan Chase & Co. cut their price objective on Reliance from $345.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, December 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Reliance in a research note on Monday, December 29th. Zacks Research lowered Reliance from a “hold” rating to a “strong sell” rating in a report on Monday, January 5th. BMO Capital Markets lowered their target price on shares of Reliance from $340.00 to $315.00 and set an “outperform” rating on the stock in a research note on Friday, October 24th. Finally, Wells Fargo & Company increased their target price on shares of Reliance from $284.00 to $287.00 and gave the company an “equal weight” rating in a research report on Friday, November 14th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Reliance currently has an average rating of “Hold” and a consensus price target of $317.25.

Reliance Stock Up 0.4%

RS opened at $309.16 on Thursday. The company has a market cap of $16.17 billion, a PE ratio of 22.60, a price-to-earnings-growth ratio of 1.58 and a beta of 0.92. Reliance has a twelve month low of $250.07 and a twelve month high of $347.43. The company has a 50-day moving average price of $284.65 and a 200 day moving average price of $291.78. The company has a quick ratio of 2.08, a current ratio of 4.43 and a debt-to-equity ratio of 0.19.

Insiders Place Their Bets

In other news, CEO Karla R. Lewis sold 5,809 shares of the business’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $283.50, for a total transaction of $1,646,851.50. Following the transaction, the chief executive officer owned 84,421 shares of the company’s stock, valued at approximately $23,933,353.50. The trade was a 6.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Stephen Paul Koch sold 3,066 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $283.56, for a total transaction of $869,394.96. Following the completion of the sale, the chief operating officer directly owned 14,021 shares of the company’s stock, valued at $3,975,794.76. This represents a 17.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.35% of the company’s stock.

Hedge Funds Weigh In On Reliance

A number of institutional investors have recently bought and sold shares of RS. IFP Advisors Inc increased its holdings in shares of Reliance by 10.7% during the 2nd quarter. IFP Advisors Inc now owns 340 shares of the industrial products company’s stock worth $112,000 after buying an additional 33 shares during the last quarter. HB Wealth Management LLC grew its position in Reliance by 2.6% in the second quarter. HB Wealth Management LLC now owns 1,338 shares of the industrial products company’s stock worth $420,000 after acquiring an additional 34 shares during the period. Masso Torrence Wealth Management Inc. grew its position in Reliance by 3.3% in the third quarter. Masso Torrence Wealth Management Inc. now owns 1,148 shares of the industrial products company’s stock worth $322,000 after acquiring an additional 37 shares during the period. Farther Finance Advisors LLC increased its stake in Reliance by 13.2% during the third quarter. Farther Finance Advisors LLC now owns 325 shares of the industrial products company’s stock worth $91,000 after acquiring an additional 38 shares during the last quarter. Finally, Choreo LLC raised its position in Reliance by 2.9% in the third quarter. Choreo LLC now owns 1,366 shares of the industrial products company’s stock valued at $383,000 after purchasing an additional 39 shares during the period. 79.26% of the stock is 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.