Ryerson Holding (NYSE:RYZ – Get Free Report) shares were down 8% on Monday . The stock traded as low as $25.96 and last traded at $25.5090. 66,785 shares were traded during trading, a decline of 86% from the average daily volume of 474,576 shares. The stock had previously closed at $27.73.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on RYZ. Zacks Research lowered Ryerson from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 24th. Wall Street Zen upgraded Ryerson from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a report on Thursday, June 18th. Finally, KeyCorp assumed coverage on Ryerson in a research report on Wednesday, March 25th. They set a “sector weight” rating for the company. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Sell”.
Read Our Latest Stock Analysis on Ryerson
Ryerson Price Performance
Ryerson (NYSE:RYZ – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.30 earnings per share for the quarter. The company 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. On average, analysts forecast that Ryerson Holding will post 1.1 EPS for the current year.
Ryerson Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Thursday, June 4th. Ryerson’s payout ratio is currently -50.68%.
Insider Activity
In related news, CAO Molly D. Kannan sold 3,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $28.42, for a total value of $85,260.00. Following the completion of the transaction, the chief accounting officer owned 25,636 shares of the company’s stock, valued at approximately $728,575.12. This represents a 10.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mark S. Silver sold 11,174 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $27.91, for a total value of $311,866.34. Following the transaction, the executive vice president owned 120,181 shares in the company, valued at $3,354,251.71. This represents a 8.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 17,674 shares of company stock valued at $492,576. 6.58% of the stock is owned by company insiders.
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.
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