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Reliance Steel (RS): analyst forecast and price target

$411 +1.11% close 16.10.26 · market cap $20.5B · Basicmaterials · Steel
Price targets and ratings of

Analyst consensus

Hold

1 Buy7 Hold1 Sell

Ratings of 9 analysts in the last 3 months

12-month forecast

$409−0.6% downside

Based on 9 price targets given in the last 3 months, the average target is $409, the highest $421, the lowest $391. The average is −0.6% from the last price of $411.

$300$350$400Jan 26AprJulOctJan 27AprJulOctHigh$421Average$409Low$391
Highest target $421 Average target $409 Lowest target $391
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Richard Garchitorena★★★★★★★★★★#2557 · hits 59% · avg +9.1% Barclays $420 Hold +2.1% Initiated 14.10.26on TipRanks 04:55 +1.8%next day −0.4%
Bill Peterson★★★★★★★★★★#2254 · hits 49% · avg +6.9% J.P. Morgan $390 → $400+2.6% Hold −2.7% Assigned 09.10.26on TipRanks 10:10 +0.8%next day −0.3% · 5 days +4.1%
Nick Cash★★★★★★★★★★#6084 · hits 50% · avg +8.0% Goldman Sachs $412 Hold +0.2% Reiterated 05.10.26on TipRanks Oct 6 08:10 +1.3%next day −2.2% · 5 days −2.2%
Samuel McKinney★★★★★★★★★★#3618 · hits 79% · avg +11.6% KeyBanc $418 → $421+0.7% Buy +2.4% Reiterated 05.10.26on TipRanks 05:10 +1.3%next day −2.2% · 5 days −2.2%
Bennett Moore★★★★★★★★★★#1103 · hits 81% · avg +45.6% J.P. Morgan $398 → $390−2.0% Hold −5.1% Reiterated 09.09.26on TipRanks 07:30 −0.4%next day −0.1% · 5 days +0.9%
Unknown Analyst Wolfe Research $391 → $398+1.8% Hold −3.2% Reiterated 24.08.26on TipRanks 07:10 −1.1%next day 0.0% · 5 days −0.1%
Timna Tanners★★★★★★★★★★#3057 · hits 55% · avg +4.1% Wells Fargo $398 → $391−1.8% Hold −4.9% Assigned 24.08.26on TipRanks 06:30 −1.1%next day 0.0% · 5 days −0.1%
Alexander Hacking★★★★★★★★★★#479 · hits 67% · avg +19.1% Citi $350 → $420+20.0% Hold +2.1% Reiterated 29.07.26on TipRanks 06:44 −1.0%next day −2.3% · 5 days −1.2%
Katja Jancic★★★★★★★★★★#397 · hits 73% · avg +30.1% BMO Capital $390 → $415+6.4% Hold +0.9% Reiterated 24.07.26on TipRanks Jul 27 09:13 +3.0%next day −0.9% · 5 days −1.5%
Lawson Winder★★★★★★★★★★#424 · hits 57% · avg +16.2% Bank of America Securities $380 → $400+5.3% Sell −2.7% Reiterated 23.07.26on TipRanks 21:13 +3.0%next day −0.9% · 5 days −1.5%
Martin Englert★★★★★★★★★★#9497 · hits 52% · avg −1.2% Seaport Global $340 → $390+14.7% Buy −5.1% Reiterated 28.04.26on TipRanks 10:15 +0.9%next day −0.8% · 5 days +1.0%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Reliance Steel

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Samuel McKinney★★★★★★★★★★KeyBanc · #3618
Hits 79%19 of 24 Average return +11.6%
1 year Samuel McKinney★★★★★★★★★★KeyBanc · #3618
Hits 79%19 of 24 Average return +11.6%
2 years Martin Englert★★★★★★★★★★Seaport Global · #9497
Hits 52%34 of 66 Average return −1.2%

Most profitable

3 months Samuel McKinney★★★★★★★★★★KeyBanc · #3618
Hits 79%19 of 24 Average return +11.6%
1 year Martin Englert★★★★★★★★★★Seaport Global · #9497
Hits 52%34 of 66 Average return −1.2%
2 years Martin Englert★★★★★★★★★★Seaport Global · #9497
Hits 52%34 of 66 Average return −1.2%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 05.10.26: target $402 at a price of $400 (+0.4%); now: $409 at $411 (−0.6%).

$390$400$410Sep 15Oct 1Oct 15Top analysts$411Average target$409Price$411

PriceAverage targetTop analysts’ target

Recommendation trend

05101534Oct 2533Nov33Dec22Jan 2633Feb33Mar4101Apr391May3112Jun2113Jul2123Aug1102Sep16Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy332211
Hold9111112106
Sell123320

Earnings and sales forecast

Next report: 21.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $6.83 (from $6.44 to $7.05). Last quarter: $6.27.

Sales

Next quarter’s sales estimate — $4.7B (from $4.5B to $4.8B). Last quarter: $4.6B.

Best top-analyst consensus in the sector · Basicmaterials

HBMnot in our ETFs
KGCnot in our ETFs
USARUSA Rare Earth
SSRMSSR Mining
EQXnot in our ETFs
About Reliance Steel
  • CEO: Karla R. Lewis
  • Employees: 15,700
  • 735 N. 19th Avenue, Phoenix, AZ, 85009, US
  • reliance.com

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.

Data from the stock’s TipRanks forecast page, read 80 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗