Ryerson (NYSE:RYZ) CAO Molly Kannan Sells 1,000 Shares

Ryerson Holding (NYSE:RYZGet Free Report) CAO Molly Kannan sold 1,000 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $30.00, for a total transaction of $30,000.00. Following the completion of the sale, the chief accounting officer owned 24,636 shares in the company, valued at $739,080. This represents a 3.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ryerson Stock Down 4.5%

RYZ stock traded down $1.36 during mid-day trading on Monday, reaching $29.05. 324,105 shares of the company traded hands, compared to its average volume of 466,625. The company has a current ratio of 2.21, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70. The company has a 50 day simple moving average of $26.32. The firm has a market cap of $1.51 billion, a PE ratio of -19.63 and a beta of 1.63. Ryerson Holding has a fifty-two week low of $19.02 and a fifty-two week high of $30.90.

Ryerson (NYSE:RYZGet Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.30 earnings per share for the quarter. The company had revenue of $1.57 billion for the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. On average, analysts anticipate that Ryerson Holding will post 1.15 EPS for the current fiscal year.

Ryerson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.1875 per share. The ex-dividend date is Thursday, June 4th. This represents a $0.75 annualized dividend and a yield of 2.6%. Ryerson’s dividend payout ratio (DPR) is -50.68%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. KeyCorp began coverage on shares of Ryerson in a research note on Wednesday, March 25th. They issued a “sector weight” rating for the company. Weiss Ratings began coverage on shares of Ryerson in a report on Tuesday, March 24th. They set a “sell (d+)” rating on the stock. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Ryerson currently has a consensus rating of “Reduce”.

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Ryerson Company Profile

(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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