RELIANCE, INC. (RS) Reliance Steel & Aluminum Co. (RS) operates as a premier diversified metal solutions provider and a leading metal service center, serving clients across the United States, Canada, and globally. The company provides an extensive inventory of approximately 100,000 metal products, including alloys, aluminum, brass, copper, carbon steel, stainless steel, titanium, and various specialty steels. Beyond distribution, it offers comprehensive metal processing services to diverse sectors such as general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. Additionally, RS supplies non-ferrous metals and tubular building products, while also manufacturing bespoke extruded metals, fabricated components, and welded parts. As of December 31, 2021, its network comprised about 315 facilities spread across 40 U.S. states and 13 other countries. The company directly sells its offerings to original equipment manufacturers, largely catering to small machine shops and fabricators. Founded in 1939, Reliance Steel & Aluminum Co. is headquartered in Los Angeles, California.
Sector: Wholesale-Metals Service Centers & of fices
Industry: Steel
Reliance Steel & Aluminum Co. NYSE:RS Basic Materials · Steel
Mkt Cap $21.22B
Div Yield 1.19%
AH Close $415.62 +0.00% vs close
AH Close $415.62 +0.00% vs close
Mkt Cap $21.22B
Div Yield 1.19%
All Press Release SEC Filings News
Press Release ● Critical ⚠ 3
Reliance, Inc. Reports Third Quarter 2026 Financial Results
Reliance delivered record Q3 net sales of $5.21 billion (up 42.8% YoY) with non-GAAP EPS of $8.02, far above its own $6.40-$6.60 guidance and up 120% year-over-year.
Results were driven by record tons sold, an 8.2% sequential rise in average selling price, and a $0.74 per-share contribution from the U.S. border wall contract, partially offset by higher-than-expected LIFO expense of $2.74 per share.
The Board increased the share repurchase authorization to $2.5 billion and declared a $1.25 quarterly dividend; Q4 guidance calls for non-GAAP EPS of $7.40-$7.60, up over 200% YoY.
• 4d ago AI analysis › Press Release
Reliance, Inc. to Announce Third Quarter 2026 Results on Wednesday, October 21st
Reliance, Inc. will report third quarter 2026 results after market close on Wednesday, October 21, 2026.
Management will host a conference call on Thursday, October 22, 2026, at 11:00 a.m. Eastern Time, with a live webcast and a replay available through November 5.
Reliance is the largest metals service center company in North America, operating roughly 310 locations across 41 states and 10 countries.
• 18d ago AI analysis › News
RS or WPM: Which Is the Better Value Stock Right Now?
zacks.com • 1mo ago Press Release
Real Estate Split Corp. Class A and Preferred Distributions
Real Estate Split Corp. declared its September 2026 Class A distribution of $0.13 per equity share, with a September 30 record date and October 15 payable date.
The fund also declared its Q3 2026 preferred distribution of $0.145 per preferred share on the same schedule.
Both classes trade on the TSX as RS and RS.PR.A; the amounts are routine and consistent with the fund's historical distribution practice.
• 1mo ago AI analysis › Press Release
Real Estate Split Corp. Completes Overnight Offering
Real Estate Split Corp. completed an overnight offering of Class A and preferred shares for approximately $21.5 million in gross proceeds, with both classes trading on the TSX under existing symbols RS and RS.PR.A.
Class A Shares were priced at $9.15 to yield 17.0%, and Preferred Shares at $10.45 to yield 4.6% to maturity, with pricing set to be non-dilutive to NAV per unit as of September 9, 2026.
Middlefield Limited manages the fund's actively managed portfolio of leading North American real estate companies; the syndicate was co-led by CIBC Capital Markets, RBC Capital Markets, and Scotiabank.
• 1mo ago AI analysis › News
Are Basic Materials Stocks Lagging Reliance, Inc. (RS) This Year?
zacks.com • 1mo ago News
Reliance Jumps 33% YTD: Here's What's Driving the Stock
zacks.com • 1mo ago Press Release ⚠ 2
Real Estate Split Corp. Announces Successful Overnight Offering
Real Estate Split Corp. announced a successful overnight treasury offering of Class A and preferred shares with expected gross proceeds of approximately $22.4 million.
Class A Shares were priced at $9.15 to yield 17.0% and Preferred Shares at $10.45 to yield 4.6% to maturity, with prices set to be non-dilutive to the fund's most recently calculated net asset value per unit.
The offering is expected to close on or about September 18, 2026, subject to TSX approval, with the syndicate co-led by CIBC Capital Markets, RBC Capital Markets, and Scotiabank.
• 1mo ago AI analysis › News
Reliance, Inc. (RS) Presents at Jefferies Global Industrials Conference 2026 Transcript
seekingalpha.com • 1mo ago Press Release
Reliance, Inc. Announces Participation at the 2026 Jefferies Global Industrials Conference
Reliance, Inc. announced that CEO Karla Lewis and COO Stephen Koch will participate in the 2026 Jefferies Global Industrials Conference on Wednesday, September 9 in New York City, with the presentation scheduled for 8:10 a.m. ET.
The presentation will be webcast live on the investors section of the company's website, and a replay will remain available for 90 days following the event.
No new financial information was disclosed; the release is a routine investor-calendar notice from North America's largest metals service center company, which operates roughly 310 locations and serves more than 125,000 customers.
• 1mo ago AI analysis › News
RS Shares Rally 21% in 6 Months: Here's What's Driving the Upside
zacks.com • 2mo ago Press Release
Real Estate Split Corp. Class A Distribution
Real Estate Split Corp. declared a monthly distribution of $0.13 per Class A equity share, payable September 15, 2026 to shareholders of record on August 31, 2026.
The Fund’s equity shares trade on the Toronto Stock Exchange under the symbol RS.
Future distributions are not guaranteed and depend on the portfolio's performance and economic conditions.
• 2mo ago AI analysis › News
Why Is Reliance (RS) Down 3.8% Since Last Earnings Report?
zacks.com • 2mo ago News
Is Reliance, Inc. (RS) Stock Outpacing Its Basic Materials Peers This Year?
zacks.com • 2mo ago News
Are You Looking for a Top Momentum Pick? Why Reliance (RS) is a Great Choice
zacks.com • 2mo ago News
Earnings Estimates Moving Higher for Reliance (RS): Time to Buy?
zacks.com • 2mo ago News
Why Reliance (RS) is a Top Value Stock for the Long-Term
zacks.com • 2mo ago News
Reliance Q2 Earnings Call Highlights
marketbeat.com • 3mo ago News
Reliance, Inc. (RS) Q2 2026 Earnings Call Transcript
seekingalpha.com • 3mo ago News
RS Q2 Earnings Beat Estimates on Record Shipments and Pricing
zacks.com • 3mo ago Press Release
Real Estate Split Corp. Class A Distribution
Real Estate Split Corp. declared a monthly distribution of $0.13 per Class A share for July 2026.
The distribution is payable to shareholders of record on July 31, 2026, with the payment date set for August 14, 2026.
The Fund's equity shares trade on the Toronto Stock Exchange under the symbol RS.
• 3mo ago AI analysis › News
Reliance (RS) Reports Q2 Earnings: What Key Metrics Have to Say
zacks.com • 3mo ago News
Reliance (RS) Surpasses Q2 Earnings and Revenue Estimates
zacks.com • 3mo ago Press Release ● Critical ⚠ 1
Reliance, Inc. Reports Second Quarter 2026 Financial Results
Reliance reported Q2 net sales of $4.63 billion, up 26.5% year-over-year, driven by record quarterly tons sold which increased 10.8% YoY to 1.79 million tons.
Non-GAAP EPS of $6.27 significantly exceeded the high end of management’s guidance, rising 42% YoY, aided by a $0.41 per share contribution from the U.S. border wall project and strong pricing across carbon steel and aluminum.
The company raised its Q3 outlook to non-GAAP EPS of $6.40 to $6.60, implying 76-81% year-over-year growth, and declared a quarterly dividend increase to $1.25 per share.
• 3mo ago AI analysis › News
Unlocking Q2 Potential of Reliance (RS): Exploring Wall Street Estimates for Key Metrics
zacks.com • 3mo ago News
Reliance (RS) Earnings Expected to Grow: Should You Buy?
zacks.com • 3mo ago Press Release
Reliance, Inc. to Announce Second Quarter 2026 Results on Wednesday, July 22nd
Reliance, Inc. announced that it will report its second quarter 2026 financial results on Wednesday, July 22, 2026, after the market closes.
Management will host a conference call to discuss the results on Thursday, July 23, 2026, at 11:00 a.m. Eastern Time, accessible via the company's website.
A replay of the call will be available later that day and will remain posted on the Investors section of Reliance’s website for 90 days.
• 3mo ago AI analysis › News
Reliance Stock Rises 34% YTD: Will the Momentum Continue?
zacks.com • 3mo ago News
Reliance Inc (RS) Shares Fall 4.9% -- GF Value Says Still Overvalued
gurufocus.com • 3mo ago Press Release
Real Estate Split Corp. Class A and Preferred Distributions
Real Estate Split Corp. declared a June distribution of $0.13 per share for Class A shareholders, payable on July 15.
The Fund also announced its second quarter distribution of $0.145 per share for preferred shareholders, with the same record and payable dates.
Both distributions will be paid to shareholders of record as of June 30, 2026.
• 4mo ago AI analysis › Press Release
Reliance, Inc. Announces Participation at the Wells Fargo 16th Annual Industrials & Materials Conference
Reliance, Inc. announced that CEO Karla Lewis and COO Stephen Koch will present at the Wells Fargo 16th Annual Industrials & Materials Conference on June 9, 2026.
The presentation is scheduled for 3:45 p.m. CT in Chicago and will be webcast live on the company's investor relations website.
The release includes standard boilerplate describing Reliance as a leading global diversified metal solutions provider with approximately 310 locations and 125,000 customers.
• 4mo ago AI analysis › Press Release
Real Estate Split Corp. Class A Distribution
Real Estate Split Corp. announced a monthly distribution of $0.13 per Class A equity share for May 2026.
The record date is May 31, 2026, with payments scheduled for June 15, 2026.
This is a routine operational disclosure for the closed-end fund, with no changes to strategy or guidance.
• 5mo ago AI analysis › SEC Filing
RS: 8-K · proxy statement
Reliance, Inc. reported the voting results from its Annual Meeting of Stockholders held on May 20, 2026. All nine nominees for the Board of Directors were elected, with David W. Seeger receiving the highest number of 'against' votes at 6.7 million, though he still secured a majority.
The advisory vote on executive compensation (say-on-pay) was approved with 39.3 million votes in favor and 1.5 million against. The proposal to ratify KPMG LLP as the independent auditor for fiscal 2026 was also approved with overwhelming support.
A stockholder proposal requiring directors to depart the Board within nine months of failing to receive a majority vote was rejected. The proposal received 6.4 million votes in favor compared to 34.3 million votes against.
SEC 8-K • 5mo ago Press Release
Real Estate Split Corp. Class A Distribution
Real Estate Split Corp. declared a distribution of $0.13 per Class A share payable on May 15, 2026 to shareholders of record as of April 30, 2026.
The equity shares trade on the Toronto Stock Exchange under the symbol RS.
The Fund noted that future distribution amounts may vary based on portfolio composition, issuer dividends, and general market conditions.
• 6mo ago AI analysis › SEC Filing ● Major ⚠ 2
RS: 8-K · earnings release
Reliance, Inc. reported first quarter 2026 non-GAAP EPS of $5.16, significantly exceeding the company's guidance range of $4.50 to $4.70 and representing a 37% increase year-over-year. Net sales rose 15.5% to $4.0 billion, driven by record tons sold which increased 9.4% sequentially and 2.7% year-over-year, alongside a 5.3% sequential increase in average selling prices.
The company announced two significant government contracts through its AMI Metals subsidiary, including a multi-year contract with the U.S. Department of Homeland Security valued at up to $2.24 billion for border wall construction and a $654 million contract to support the Joint Strike Fighter program. Reliance returned approximately $301 million to stockholders during the quarter through $67 million in dividends and $234 million in share repurchases, while also raising its quarterly dividend by 4.2% to $1.25 per share.
Based on the strong start to the year and the contribution from new contracts, the company provided second quarter 2026 non-GAAP EPS guidance of $5.15 to $5.35, representing 16% to 21% year-over-year growth. Management cited strong demand across infrastructure, data centers, energy, and defense sectors, extending lead times at mill suppliers which support a continued favorable pricing environment.
SEC 8-K • 6mo ago AI analysis › 7 fund position changes (13F filings)Recent SEC filings with analysis