Ryerson (NYSE:RYZ) CAO Molly Kannan Sells 3,000 Shares

Ryerson Holding (NYSE:RYZGet Free Report) CAO Molly Kannan sold 3,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $28.42, for a total transaction of $85,260.00. Following the completion of the sale, the chief accounting officer owned 25,636 shares of the company’s stock, valued at approximately $728,575.12. The trade was a 10.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ryerson Stock Performance

NYSE:RYZ traded down $0.83 during mid-day trading on Monday, reaching $27.77. The stock had a trading volume of 368,444 shares, compared to its average volume of 471,954. The company has a quick ratio of 1.03, a current ratio of 2.21 and a debt-to-equity ratio of 0.70. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of -18.76 and a beta of 1.64. Ryerson Holding has a twelve month low of $19.02 and a twelve month high of $30.90. The firm’s 50 day moving average price is $25.12.

Ryerson (NYSE:RYZGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.30 EPS for the quarter. The firm had revenue of $1.57 billion during the quarter. Ryerson had a negative net margin of 0.93% and a negative return on equity of 3.43%. Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. As a group, sell-side analysts expect that Ryerson Holding will post 1.15 earnings per share for the current year.

Ryerson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a $0.1875 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.75 dividend on an annualized basis and a yield of 2.7%. Ryerson’s dividend payout ratio (DPR) is -50.68%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Weiss Ratings assumed coverage on shares of Ryerson in a report on Tuesday, March 24th. They issued a “sell (d+)” rating for the company. KeyCorp initiated coverage on shares of Ryerson in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Read Our Latest Stock Report on RYZ

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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