Reliance Steel Ownership

Reliance Steel owns a total of 54.12 Million outstanding shares. The majority of Reliance Steel Aluminum outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Reliance Steel Aluminum to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Reliance Steel. Please pay attention to any change in the institutional holdings of Reliance Steel Aluminum as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it. Some institutional investors establish a significant position in stocks such as Reliance Steel in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Reliance Steel, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Dividends Paid is likely to gain to about 250 M in 2024, whereas Dividend Yield is likely to drop 0.01 in 2024. Common Stock Shares Outstanding is likely to gain to about 70.5 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 2.2 B in 2024. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reliance Steel Aluminum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.