Reliance (RS) to Release Quarterly Earnings on Wednesday

Reliance (NYSE:RS) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 23rd. Analysts expect Reliance to post earnings of $4.63 per share and revenue of $3.66 billion for the quarter. Reliance has set its Q2 2025 guidance at 4.500-4.700 EPS.

Reliance (NYSE:RS) last posted its earnings results on Wednesday, April 23rd. The industrial products company reported $3.77 earnings per share for the quarter, topping analysts’ consensus estimates of $3.66 by $0.11. The business had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.44 billion. Reliance had a return on equity of 10.77% and a net margin of 5.65%. The firm’s revenue was down 4.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.30 EPS. On average, analysts expect Reliance to post $17 EPS for the current fiscal year and $18 EPS for the next fiscal year.

Reliance Stock Down 1.7%

RS stock opened at $322.45 on Wednesday. The company has a current ratio of 3.17, a quick ratio of 1.58 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $16.96 billion, a PE ratio of 23.11, a PEG ratio of 1.47 and a beta of 0.89. Reliance has a 1-year low of $250.07 and a 1-year high of $333.71. The business’s 50 day simple moving average is $309.00 and its 200 day simple moving average is $292.63.

Reliance Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 23rd were paid a $1.20 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a $4.80 annualized dividend and a yield of 1.49%. Reliance’s dividend payout ratio (DPR) is presently 34.41%.

Institutional Trading of Reliance

Institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. raised its holdings in shares of Reliance by 99.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 263 shares of the industrial products company’s stock worth $76,000 after buying an additional 131 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Reliance by 4.8% during the 1st quarter. Empowered Funds LLC now owns 5,662 shares of the industrial products company’s stock worth $1,635,000 after buying an additional 258 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Reliance by 6.6% during the 1st quarter. Royal Bank of Canada now owns 15,111 shares of the industrial products company’s stock worth $4,364,000 after buying an additional 940 shares in the last quarter. 79.26% of the stock is currently owned by institutional investors.

About Reliance

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.