Why Reliance Steel & Aluminum Co. (RS) stock moved
Reliance Steel & Aluminum Co. (RS) shares tumbled 5.2% to $399.31 as of August 20, 2026, a significant decline from the prior close of $421.40. BestStocks flagged the session as a major change for RS. The move is tied to price move down. Below, we break down what changed for RS, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
RS fell 5.2% to $399.31
RS tumbled 5.2% in its latest session, moving from $421.40 to $399.31.
What it means for Reliance Steel & Aluminum Co. investors
For Reliance Steel & Aluminum Co. investors, the recent signals add up to a strong bearish shift. On the constructive side: Positive price momentum. Weighing against that: Material negative event; Sharp 5.2% decline — elevated risk. Wall Street's consensus price target sits at $382.50, implying -4.2% downside from $399.31. BestStocks rates the overall signal quality medium (61/100). With earnings roughly 62 days out, the next report is the most likely near-term test of the move.
RS price reaction
RS last traded at $399.31, down $22.09 (-5.24%) from the previous close of $421.40. The session traded on 1.4× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $383.17 and $428.49, and it currently sits about 36% of the way up that band.
Bullish and bearish analyst opinions on Reliance Steel & Aluminum Co. (RS)
The consensus analyst price target on Reliance Steel & Aluminum Co. (RS) is $382.50, 4.2% below the recent $399.31. Over the past 90 days analysts logged 0 upgrades, 7 maintains, and 0 downgrades. Here is how the bullish and bearish cases on RS line up.
The bullish case
- The Street's most bullish target is $418.00 (+4.7%).
- Positive price momentum.
The bearish case
- The consensus analyst price target of $382.50 sits 4.2% below the recent $399.31, so the average target sees limited room to run.
- The most bearish analyst target is $350.00 (-12.3%).
- Material negative event.
- Sharp 5.2% decline — elevated risk.
- Reliance Steel & Aluminum Co. (RS) moved -3.22% from $395.93 to $383.17 on 2026-07-20.
Weighing both sides, BestStocks' composite read of recent signals is strongly bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Aug 20, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for RS
In-depth RS event analyses
Frequently asked questions about RS
Why did Reliance Steel & Aluminum Co. (RS) stock move?
RS tumbled 5.2% to $399.31. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did RS stock fall?
RS lost 5.24% ($22.09) versus the prior close of $421.40, last trading at $399.31 on 1.4× average volume.
When is Reliance Steel & Aluminum Co.'s next earnings date?
RS's next earnings report is estimated for 2026-10-21 — about 62 days away.
What is the analyst price target for RS?
The consensus analyst price target for RS is $382.50, about 4.2% below the current $399.31. Over the past 90 days, analysts recorded 0 upgrades, 7 maintains, and 0 downgrades.
How BestStocks tracks RS
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 17 tracked change events for RS, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 20, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.