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

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

Ryerson Price Performance

Ryerson stock opened at $29.05 on Tuesday. Ryerson Holding has a 12 month low of $19.02 and a 12 month high of $30.90. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.21 and a quick ratio of 1.03. The business’s 50 day moving average is $26.32. The stock has a market capitalization of $1.51 billion, a PE ratio of -19.63 and a beta of 1.64.

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

Ryerson Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on RYZ shares. KeyCorp started coverage on Ryerson in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Weiss Ratings started coverage on Ryerson in a report on Tuesday, March 24th. They set a “sell (d+)” rating on the stock. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

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About Ryerson

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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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