Key Points
- Ryerson EVP Mark Silver sold 11,174 shares on May 28 at an average price of $27.91, totaling about $311,866. After the sale, he still held 120,181 shares.
- The stock was down 2.9% and opened at $27.77, trading near the middle of its 52-week range of $19.02 to $30.90.
- Ryerson reported mixed fundamentals: Q1 earnings were $0.30 per share on $1.57 billion in revenue, and the company announced a quarterly dividend of $0.1875 per share, yielding about 2.7% annually.
Ryerson Holding (NYSE:RYZ - Get Free Report) CAO Molly Kannan sold 3,000 shares of the firm's stock in a transaction on Friday, May 29th. The shares were sold at an average price of $28.42, for a total value of $85,260.00. Following the transaction, the chief accounting officer owned 25,636 shares of the company's stock, valued at $728,575.12. The trade was a 10.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Ryerson Price Performance
Shares of NYSE:RYZ opened at $27.77 on Tuesday. Ryerson Holding has a 1-year low of $19.02 and a 1-year high of $30.90. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.21 and a quick ratio of 1.03. The firm's fifty day moving average is $25.18. The company has a market capitalization of $1.44 billion, a P/E ratio of -18.76 and a beta of 1.64.
Ryerson (NYSE:RYZ - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.30 earnings per share for the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.The firm had revenue of $1.57 billion during the quarter. Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. On average, sell-side analysts anticipate that Ryerson Holding will post 1.15 earnings per share for the current fiscal year.
Ryerson Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, June 4th. Ryerson's dividend payout ratio (DPR) is presently -50.68%.
Analysts Set New Price Targets
Several research analysts have issued reports on the company. Weiss Ratings assumed coverage on Ryerson in a research report on Tuesday, March 24th. They issued a "sell (d+)" rating on the stock. KeyCorp assumed coverage on Ryerson in a research report on Wednesday, March 25th. They issued a "sector weight" rating on the stock. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Reduce".
Read Our Latest Analysis on Ryerson
About Ryerson
(
Get Free Report)
Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.
Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.
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