Reliance projects Q4 2025 EPS between $2.65 and $2.85 as market share increases to 17.1% despite margin challenges.
Management Performance: Reliance, Inc. reported a record third quarter with tons sold outperforming the industry by 9 percentage points, increasing U.S. market share to 17.1%. However, challenges such as trade policy uncertainty and excess inventories in aerospace and semiconductor markets impacted gross profit margins.
Financial Results: The company achieved non-GAAP earnings per diluted share of $3.64, with operating cash flow of $262 million and a capital expenditure budget of $325 million for 2025. Shareholder returns included $124 million through dividends and share repurchases.
Outlook and Guidance: CFO Arthur Ajemyan projected Q4 2025 non-GAAP earnings per diluted share between $2.65 and $2.85, anticipating a slight increase in tons sold compared to Q4 2024 but a seasonal decline from Q3 2025. Average selling prices are expected to remain flat.
Risks and Analyst Sentiment: Analysts expressed concerns over margin recovery and inventory management, while management maintained a confident tone, focusing on operational efficiency and strategic investments despite ongoing market challenges.
Trade with 70% Backtested Accuracy
Analyst Views on RS
About RS
About the author
North American Steel Companies Prepare for Earnings Season with HRC Prices Up 17%
- Strong Steel Performance: North American steel equities have risen 17% over the past three months, outperforming the SPDR S&P Metals & Mining ETF's 15% increase, demonstrating market resilience amid a supply-driven rally in Hot Rolled Coil (HRC) prices.
- HRC Margin Expansion: HRC metal margins have expanded over 20% relative to pre-tariff levels, with post-tariff mill utilization approximately 160 basis points above historical norms, indicating the industry's profitability despite weak demand.
- Demand Outlook Uncertainty: While medium and smaller buyers adjust their purchasing strategies due to trade uncertainties, the analyst believes clarity on the USMCA and IEEPA tariffs will be crucial to trigger larger steel-intensive projects.
- Earnings Forecast Adjustments: The analyst expects fourth-quarter results to be weaker due to seasonally lighter shipments, although Nucor may beat expectations; however, unplanned outages at Steel Dynamics and a transformer fire at Sinton could impact first-quarter shipments.
Reliance (RS) Receives Overweight Rating with $316.25 Price Target
- Rating Analysis: Reliance has received an average overweight rating, indicating market optimism regarding its future performance, which may attract more investor attention.
- Price Target Setting: The analysts have set a price target of $316.25, reflecting confidence in the company's growth potential, which could drive the stock price towards this level.
- Market Reaction: The release of this rating and price target may influence investor decisions, further enhancing Reliance's market performance and competitiveness within the industry.
- Investor Confidence: An overweight rating typically suggests analysts have a positive outlook on the company's future profitability, potentially boosting investor confidence in Reliance and facilitating capital inflows.
RealSense Leads Robotics Vision Perception Revolution at CES 2026
- Perception Foundation: RealSense emphasizes that depth perception and real-time awareness are foundational for Physical AI, as robots enter real-world environments, reliable perception capabilities will drive the full lifecycle of autonomous actions.
- Shift to Mission Orientation: Robots are transitioning from executing instructions to achieving assigned goals through vision-language-action models, enhancing real-time adaptability and task autonomy, thus advancing industry intelligence.
- Humanoid Robot Development: Humanoid robots rely on reliable vision perception for safe and autonomous operation, enhancing interaction with humans and promoting broader integration into robotic systems.
- Ecosystem Scalability: The robotics industry is shifting towards interoperable ecosystems, where the ability to integrate sensing, computing, and AI will accelerate the expansion of autonomy, reduce integration friction, and achieve global scalability.
RS Surpasses Important Moving Average Threshold
52 Week Range: RS's stock has a low of $250.07 and a high of $347.435 over the past year, with the last trade recorded at $292.83.
200 Day Moving Average: There is a mention of other metals stocks that have recently crossed above their 200-day moving average.
Author's Views: The opinions expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Chart Reference: The information is based on a chart that illustrates the stock's performance over the specified period.
Reliance Set to Boost Your Earnings (RS)
Dividend Predictability: Dividends can be unpredictable, but historical data can help assess the likelihood of RS's recent dividend continuation and the reasonableness of its estimated yield of 1.80%.
Stock Performance: RS shares have a 52-week low of $250.07 and a high of $347.435, with the last trade recorded at $267.05.
Current Trading Status: As of Wednesday, Reliance Inc shares are down approximately 0.1% for the day.
Author's Opinion Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
RS Recognized as a Top 5 Dividend Stock in the Metals Channel with a 1.76% Yield
Dividend Investment Strategy: Dividend investors focus on identifying profitable companies that are undervalued, using a proprietary DividendRank formula to generate a list of promising stocks for further research.
Reliance Inc Dividend Details: Reliance Inc pays an annualized dividend of $4.8 per share, distributed quarterly, with the next ex-dividend date set for November 21, 2025, highlighting the importance of analyzing a company's dividend history for future predictions.
North American Steel Companies Prepare for Earnings Season with HRC Prices Up 17%
- Strong Steel Performance: North American steel equities have risen 17% over the past three months, outperforming the SPDR S&P Metals & Mining ETF's 15% increase, demonstrating market resilience amid a supply-driven rally in Hot Rolled Coil (HRC) prices.
- HRC Margin Expansion: HRC metal margins have expanded over 20% relative to pre-tariff levels, with post-tariff mill utilization approximately 160 basis points above historical norms, indicating the industry's profitability despite weak demand.
- Demand Outlook Uncertainty: While medium and smaller buyers adjust their purchasing strategies due to trade uncertainties, the analyst believes clarity on the USMCA and IEEPA tariffs will be crucial to trigger larger steel-intensive projects.
- Earnings Forecast Adjustments: The analyst expects fourth-quarter results to be weaker due to seasonally lighter shipments, although Nucor may beat expectations; however, unplanned outages at Steel Dynamics and a transformer fire at Sinton could impact first-quarter shipments.
Reliance (RS) Receives Overweight Rating with $316.25 Price Target
- Rating Analysis: Reliance has received an average overweight rating, indicating market optimism regarding its future performance, which may attract more investor attention.
- Price Target Setting: The analysts have set a price target of $316.25, reflecting confidence in the company's growth potential, which could drive the stock price towards this level.
- Market Reaction: The release of this rating and price target may influence investor decisions, further enhancing Reliance's market performance and competitiveness within the industry.
- Investor Confidence: An overweight rating typically suggests analysts have a positive outlook on the company's future profitability, potentially boosting investor confidence in Reliance and facilitating capital inflows.
RealSense Leads Robotics Vision Perception Revolution at CES 2026
- Perception Foundation: RealSense emphasizes that depth perception and real-time awareness are foundational for Physical AI, as robots enter real-world environments, reliable perception capabilities will drive the full lifecycle of autonomous actions.
- Shift to Mission Orientation: Robots are transitioning from executing instructions to achieving assigned goals through vision-language-action models, enhancing real-time adaptability and task autonomy, thus advancing industry intelligence.
- Humanoid Robot Development: Humanoid robots rely on reliable vision perception for safe and autonomous operation, enhancing interaction with humans and promoting broader integration into robotic systems.
- Ecosystem Scalability: The robotics industry is shifting towards interoperable ecosystems, where the ability to integrate sensing, computing, and AI will accelerate the expansion of autonomy, reduce integration friction, and achieve global scalability.
RS Surpasses Important Moving Average Threshold
52 Week Range: RS's stock has a low of $250.07 and a high of $347.435 over the past year, with the last trade recorded at $292.83.
200 Day Moving Average: There is a mention of other metals stocks that have recently crossed above their 200-day moving average.
Author's Views: The opinions expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
Chart Reference: The information is based on a chart that illustrates the stock's performance over the specified period.
Reliance Set to Boost Your Earnings (RS)
Dividend Predictability: Dividends can be unpredictable, but historical data can help assess the likelihood of RS's recent dividend continuation and the reasonableness of its estimated yield of 1.80%.
Stock Performance: RS shares have a 52-week low of $250.07 and a high of $347.435, with the last trade recorded at $267.05.
Current Trading Status: As of Wednesday, Reliance Inc shares are down approximately 0.1% for the day.
Author's Opinion Disclaimer: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
RS Recognized as a Top 5 Dividend Stock in the Metals Channel with a 1.76% Yield
Dividend Investment Strategy: Dividend investors focus on identifying profitable companies that are undervalued, using a proprietary DividendRank formula to generate a list of promising stocks for further research.
Reliance Inc Dividend Details: Reliance Inc pays an annualized dividend of $4.8 per share, distributed quarterly, with the next ex-dividend date set for November 21, 2025, highlighting the importance of analyzing a company's dividend history for future predictions.
