Reliance Steel Expands Board with New Appointment

Reliance Steel ( (RS) ) has issued an announcement.

On October 1, 2025, Reliance, Inc. expanded its Board of Directors from eight to nine members by appointing John G. Sznewajs as an independent director. Mr. Sznewajs, with a strong background in finance and corporate strategy, brings valuable expertise to the board, enhancing Reliance’s strategic capabilities. His appointment is expected to bolster the company’s leadership and support its continued growth and market positioning.

The most recent analyst rating on (RS) stock is a Hold with a $330.00 price target. To see the full list of analyst forecasts on Reliance Steel stock, see the RS Stock Forecast page.

Spark’s Take on RS Stock

According to Spark, TipRanks’ AI Analyst, RS is a Outperform.

Reliance Steel’s overall stock score is driven by its strong financial performance and positive earnings call, which highlight robust profitability and strategic market share gains. However, technical indicators suggest a bearish trend, and valuation metrics indicate moderate pricing. Challenges in the semiconductor industry and aluminum pricing concerns also weigh on the outlook.

To see Spark’s full report on RS stock, click here.

More about Reliance Steel

Founded in 1939, Reliance, Inc. (NYSE: RS) is a leading global diversified metal solutions provider and the largest metals service center company in North America. Operating through approximately 320 locations in 41 states and 10 countries, Reliance offers value-added metals processing services and distributes over 100,000 metal products to more than 125,000 customers across various industries. The company specializes in small orders with quick turnaround and value-added processing services.

Average Trading Volume: 365,788

Technical Sentiment Signal: Sell

Current Market Cap: $14.89B

For an in-depth examination of RS stock, go to TipRanks’ Overview page.