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 $297.69, up 2.21% from the previous day, and has increased 1.03% in one year. It has overperformed other stocks in the Steel industry by 0.14 percentage points. Reliance stock is currently +15.84% from its 52-week low of $256.98, and -13.01% from its 52-week high of $342.20.
There are currently 54.12M shares of RS outstanding. The market value of RS is $16.11B. In the past 24 hours, 513,229 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.
A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.
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Step 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.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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 Price
$297.69
1w %
5.18%
1y %
1.03%
5y %
156.52%
P/E
16.18x
P/B
2.19x
P/S
1.16x
PEG
N/A
Revenue
$14.05B
Earnings
$1.04B
Fore. Rev. Growth
0.02%
Fore. Earn. Growth
-7.74%
Market Cap
$16.11B
Next Earnings
N/A
Next Dividend
N/A
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 overvalued based on its P/E ratio of 16.18x, relative to Steel industry P/E ratio of 15.35x
RS could be overvalued based on its P/B ratio of 2.19x, relative to Steel industry P/B ratio of 0.83x
You can do additional valuation research on RS's stock here.
RS Financial Overview
Positive Financial Indicators:
There are more short-term assets than long-term liabilities on the RS balance sheet.
RS earnings of $1.38B is not sufficient to cover its interest payments.
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.
RS's operating cash flow of $1.48B allows it to safely service it's debt of $1.54B.
Negative Financial Indicators:
RS has a relatively high debt to equity ratio of 0.4.
RS profit margin has gone down from 9.4% to 7.4% in the past year.
Is RS stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 sell side analysts who track RS, the consensus analyst rating on RS is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Last year, RS earnings were $1.04B. During the last 5 year, RS's earnings have grown by 14.67% per year. This was faster than the Steel industry average of -1.06%.
Last year, RS revenue was $14.05B. Over the last 5 year, RS's revenue has grown by 4.37% per year. This was slower than the Steel industry average of 5.63%.
Reliance pays a dividend of 1.48%, compared to the Steel industry's average dividend yield of 2.87%. If you owned $1,000 of RS stock, you would have been paid $14.78 last year.
Reliance dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Place your RS trade
You have two primary options:
Market order: A market order is an order to buy or sell a security at the best price on the market. Market orders are usually the best for newer investors.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need additional info about investing in stocks on eToro, watch the how to video below:
As of Feb 14, 2025, it costs $297.69 to buy one share of Reliance stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.336 shares of RS.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.