Ryerson (NYSE:RYZ – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided EPS guidance of 0.300-0.380 for the period, compared to the consensus estimate of 0.090. The company issued revenue guidance of $2.0 billion, compared to the consensus revenue estimate of $1.8 billion.
Analyst Ratings Changes
Several brokerages recently issued reports on RYZ. Zacks Research upgraded Ryerson from a “hold” rating to a “strong-buy” rating in a research report on Monday. Wall Street Zen upgraded shares of Ryerson from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Ryerson in a research note on Monday, September 14th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.
Get Our Latest Stock Analysis on RYZ
Ryerson Stock Up 0.3%
Shares of NYSE RYZ traded up $0.09 during mid-day trading on Friday, reaching $31.09. 70,460 shares of the company traded hands, compared to its average volume of 470,374. The company’s fifty day moving average is $25.83 and its two-hundred day moving average is $26.40. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.04 and a current ratio of 2.21. Ryerson has a fifty-two week low of $19.34 and a fifty-two week high of $32.00. The stock has a market cap of $1.61 billion, a PE ratio of -183.00 and a beta of 1.59.
Ryerson (NYSE:RYZ – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.22. Ryerson had a net margin of 0.21% and a return on equity of 3.64%. The company had revenue of $2.18 billion for the quarter. On average, analysts expect that Ryerson will post 1.35 earnings per share for the current year.
Ryerson Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, December 3rd. Ryerson’s dividend payout ratio (DPR) is presently -60.48%.
About Ryerson
Ryerson Holding Corporation is a value-added processor and distributor of industrial metals. The company supplies carbon steel, stainless steel, aluminum, nickel, and copper products to manufacturers and other industrial customers, offering materials in forms such as sheets, plates, coils, bars, tubes, and structural products.
In addition to distributing metals, Ryerson provides processing and fabrication services designed to prepare materials for customer specifications. These services include cutting, slitting, sawing, forming, machining, and other methods that help customers manage their material requirements and supply chains.
Founded in Chicago in 1842 by Joseph T.
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