Ryerson (NYSE:RYZ) CAO Sells $30,000.00 in Stock

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

Ryerson Price Performance

RYZ stock opened at $28.04 on Thursday. 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 firm has a 50 day moving average of $26.56. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of -18.95 and a beta of 1.63. Ryerson Holding has a 1 year low of $19.02 and a 1 year high of $30.90.

Ryerson (NYSE:RYZGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $1.57 billion during the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. On average, equities 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. Investors of record on Thursday, June 4th will be issued a $0.1875 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.7%. Ryerson’s dividend payout ratio is currently -50.68%.

Analysts Set New Price Targets

RYZ has been the subject of a number of analyst reports. Weiss Ratings initiated coverage on shares of Ryerson in a report on Tuesday, March 24th. They issued a “sell (d+)” rating for the company. KeyCorp initiated coverage on Ryerson in a research report on Wednesday, March 25th. They issued a “sector weight” rating for the company. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Ryerson presently has an average rating of “Reduce”.

View Our Latest Stock Report on RYZ

Ryerson Company Profile

(Get Free Report)

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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