BMO Capital Continues to Recommend Outperform for Reliance (RS)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 25 2025
0mins
Should l Buy RS?
Source: NASDAQ.COM
Analyst Recommendation: BMO Capital maintains an "Outperform" rating for Reliance (NYSE:RS), with a one-year price target average of $332.11/share, indicating a potential upside of 19.82% from its current price of $277.18/share.
Fund Sentiment: There are 1,242 funds reporting positions in Reliance, with a slight increase in ownership by 1.06% over the last quarter, while total shares owned by institutions decreased by 0.69%.
Shareholder Activity: Notable increases in share ownership were reported by Price T Rowe Associates (up 2.84%) and Boston Partners (up 42.05%), while other firms like IJH and VTSMX reduced their holdings.
Market Outlook: The put/call ratio for Reliance is 0.81, suggesting a bullish sentiment among investors regarding the stock's future performance.
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Analyst Views on RS
Wall Street analysts forecast RS stock price to fall
6 Analyst Rating
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 369.290
Low
284.00
Averages
314.50
High
340.00
Current: 369.290
Low
284.00
Averages
314.50
High
340.00
About RS
Reliance, Inc. is a global-diversified metal solutions provider and the metals service center company in North America. The Company provides value-added metals processing services and distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. It focuses on small orders with quick turnaround and value-added processing services. The Company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction (including infrastructure and renewable energy), transportation (rail, truck trailer and shipbuilding), aerospace (commercial, military, defense and space), energy (oil and natural gas), electronics and semiconductor fabrication, industrial machinery and heavy industry (agricultural, construction and mining equipment). It also services the auto industry, through its toll processing operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Technical Analysis Tool: Comparing the current share price to the 200-day moving average can provide investors with useful insights for technical analysis, helping them assess market trends and potential buy or sell opportunities to optimize investment decisions.
- ETF Trading Mechanism: ETFs trade similarly to stocks, where investors are buying and selling
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- Major Contract Wins: The company secured two significant government contracts in Q1, collectively representing approximately $3 billion in revenue, and although Q1 results did not include contributions from the border wall contract, this positions Reliance for future revenue growth.
- Capital Expenditures and Shareholder Returns: Reliance plans approximately $300 million in capital expenditures for the full year 2026, increased its dividend by 4% to $5 per share, and repurchased $234 million in stock, demonstrating flexibility in capital allocation and commitment to shareholders.
- Optimistic Market Outlook: Management anticipates Q2 2026 non-GAAP EPS in the range of $5.15 to $5.35, and despite risks from aluminum tariffs and international trade policies, expectations for demand and pricing remain positive, indicating the company's competitive position in the market.
See More
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- Dividend Yield: The forward yield of 1.43% reflects the company's competitiveness in the current market environment, potentially increasing investor interest in its stock.
- Dividend Payment Schedule: The dividend is payable on June 5, with a record date of May 22 and an ex-dividend date also on May 22, ensuring shareholders receive their returns in a timely manner.
- Market Reaction Expectations: Following an increase in steel demand and pricing that led to Q1 results exceeding expectations, this dividend announcement is anticipated to further bolster market confidence in the company's future performance.
See More
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- Profitability Surge: Adjusted earnings per share reached $5.16, exceeding the forecast of $4.66, while net income increased by 32.7% to $264.9 million, reflecting significant enhancement in profitability amid improved market conditions.
- Record Sales Volume: The company sold a record 1.67 million tons in Q1, up 9.4% from the previous quarter and 2.7% year-over-year, indicating a historic high in sales volume driven by strong market demand.
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