How to Buy Reliance Stock
Reliance Inc
Reliance is a steel company located in California, United States, which is part of the Basic Materials sector, and is traded under the ticker RS on the NYSE exchange.
Reliance stock last closed at $295.85, down 0.48% from the previous day, and has increased 1.04% in one year. It has overperformed other stocks in the Steel industry by 0.13 percentage points. Reliance stock is currently +18.31% from its 52-week low of $250.07, and -9.49% from its 52-week high of $326.87.
There are currently 52.59M shares of RS outstanding. The market value of RS is $15.56B. In the past 24 hours, 228,433 RS shares were traded.
How to Buy Reliance Stock
Wondering how to invest in Reliance stock? Here's how.
- Choose where to buy Reliance stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Reliance stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your info.
- Analyze Reliance stock: The Reliance ticker symbol is RS. Is Reliance stock a good investment? Should you buy shares of RS? How do RS's underlying business fundamentals look? Do top analysts think Reliance is a good buy? Why has RS's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if RS is a good stock to buy).
- Place your RS trade: Decide if you will purchase RS shares at the current market price or use a limit order to buy RS shares at a given price.
- Watch your investment in RS: Create a watchlist to the latest updates on your new investment in Reliance shares.
Step 1: Choose where to buy Reliance stock
You will need an online brokerage account in order to access the NYSE market and buy RS stock.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global financial markets: From Tech to Energy, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you are able to invest in RS stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on one of the best stock market apps, you need to deposit funds:
Check out the video below to see the process of transferring funds into your new investment account.
Step 4: Analyze Reliance stock
After you have decided on the best place to buy Reliance stock, it's critical to evaluate their stock before you invest, so you can comprehend the risk as well as the upside.
Reliance quick stats
RS Fundamentals
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on RS's stock page.
What is the fair value of RS stock?
Analysts use many financial metrics, analyses, models, and charts to gauge RS's intrinsic value.
Using relative valuations ratios:
- RS may be undervalued based on its P/E ratio of 20.94x, relative to Steel industry P/E ratio of 22.18x
- RS could be overvalued based on its P/B ratio of 2.19x, relative to Steel industry P/B ratio of 0.81x
- RS may be overvalued based on its PEG ratio of 1.49x
You can access more valuation analysis on RS's stock here.
A look at RS Cashflows and Balance Sheet
Positive Financial Indicators:
- RS earnings of $1.05B is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the RS balance sheet.
- RS's operating cash flow of $1.37B allows it to safely service it's debt of $1.76B.
- Total RS debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the RS balance sheet.
Negative Financial Indicators:
- RS has a relatively high debt to equity ratio of 0.46.
- RS profit margin has gone down from 8.7% to 5.6% in the past year.
Do Wall Street analysts think it's a good time to buy RS stock
Out of 2 Wall Street analysts who monitor RS, the consensus analyst rating on Reliance is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Reliance stock forecast page.
RS Momentum
RS Growth Metrics
Last year, RS earnings were $772.00M. During the past 5 year, RS's earnings have gone up by 10.49% per year. This was faster than the Steel industry average of -16.86%.
Last year, RS revenue was $13.67B. During the past 5 year, RS's revenue has grown by 5.25% per year. This was faster than the Steel industry average of 5.1%.
Dive into RS's earnings and revenue performance here.
Latest Insiders Trades at RS
Over the last 12 months, insiders at RS have sold more shares than they have bought.
Arthur Ajemyan, SVP CFO of RS, was the latest RS insider to sell. They sold $1,743,197.46 worth of RS shares on Feb 24, 2025.
Get more info about who owns RS shares here.
Can I rely on RS as an income stream?
Reliance pays a dividend of 1.52%, compared to the Steel industry's average dividend yield of 2.56%. If you owned $1,000 worth of RS stock, you would have received $15.21 last year.
Reliance dividend payments have consistently grown over the past decade and have remained stable.
Get more info about Reliance dividend yield and history here.
What do other investors have to say about RS?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your RS trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Click the Open button and your broker will place your order.
If you want additional info about investing in stocks on eToro, click the helpful video below:
Step 6: Watch your investment in RS
Now that you own some shares in RS, you'll want to keep up with your new investment.
Add RS to a watchlist to track the latest developments regarding your RS stock.
RS Feed
How to Buy Stock in Reliance
To summarize, here are the 6 steps you need to take to buy Reliance stock right now:
- Choose where to buy Reliance stock
- Open your brokerage account
- Fund your brokerage account
- Analyze Reliance stock
- Place your RS trade
- Watch your investment in RS
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your investment in Reliance, create a watchlist today.
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