Ryerson (NYSE:RYZ) CAO Molly Kannan Sells 2,500 Shares

Ryerson Holding (NYSE:RYZ) CAO Molly Kannan sold 2,500 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $26.18, for a total transaction of $65,450.00. Following the completion of the transaction, the chief accounting officer directly owned 28,636 shares of the company’s stock, valued at approximately $749,690.48. This represents a 8.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ryerson Price Performance

NYSE:RYZ opened at $25.32 on Friday. 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 company has a market capitalization of $1.31 billion, a PE ratio of -17.11 and a beta of 1.65. Ryerson Holding has a 1-year low of $19.02 and a 1-year high of $30.90.

Ryerson (NYSE:RYZ) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.30 earnings per share for the quarter. The business 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, research analysts expect that Ryerson Holding will post 1.15 EPS for the current year.

Ryerson Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Thursday, June 4th. Ryerson’s payout ratio is currently -50.68%.

Wall Street Analyst Weigh In

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

Ryerson Company Profile

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.