Ryerson (NYSE:RYZ) CAO Sells $16,000.00 in Stock

Ryerson Holding (NYSE:RYZ) CAO Molly Kannan sold 500 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $32.00, for a total value of $16,000.00. Following the sale, the chief accounting officer directly owned 24,136 shares of the company’s stock, valued at approximately $772,352. This represents a 2.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Ryerson Stock Performance

Shares of RYZ opened at $27.69 on Friday. The company has a quick ratio of 1.03, a current ratio of 2.21 and a debt-to-equity ratio of 0.73. The firm has a market cap of $1.44 billion, a PE ratio of -22.33 and a beta of 1.67. The firm has a fifty day moving average price of $27.80. Ryerson Holding has a 1 year low of $19.34 and a 1 year high of $32.00.

Ryerson (NYSE:RYZ) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.12. Ryerson had a negative net margin of 0.56% and a negative return on equity of 0.62%. The company had revenue of $2.01 billion during the quarter. Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. Sell-side analysts predict that Ryerson Holding will post 1.1 EPS for the current year.

Ryerson Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be issued a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, September 3rd. Ryerson’s dividend payout ratio is currently -60.48%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on RYZ shares. Wall Street Zen upgraded shares of Ryerson from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reissued a “sell (d+)” rating on shares of Ryerson in a research note on Thursday, June 18th. Finally, Zacks Research cut Ryerson from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Ryerson

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.