Ryerson (NYSE:RYZ) CAO Molly Kannan Sells 3,000 Shares of Stock

Ryerson Holding (NYSE:RYZ) CAO Molly Kannan sold 3,000 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $28.42, for a total value of $85,260.00. Following the sale, the chief accounting officer directly owned 25,636 shares of the company’s stock, valued at approximately $728,575.12. This trade represents a 10.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Ryerson Stock Down 2.9%

Shares of RYZ stock opened at $27.77 on Tuesday. The business has a fifty day simple moving average of $25.18. Ryerson Holding has a 52 week low of $19.02 and a 52 week high of $30.90. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of -18.76 and a beta of 1.64. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.21 and a quick ratio of 1.03.

Ryerson (NYSE:RYZ) last announced 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 company had revenue of $1.57 billion during the quarter. Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. Equities research analysts anticipate that Ryerson Holding will post 1.15 earnings per share for the current year.

Ryerson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be paid 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 yield of 2.7%. Ryerson’s dividend payout ratio (DPR) is presently -50.68%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Weiss Ratings assumed coverage on Ryerson in a research note on Tuesday, March 24th. They issued a “sell (d+)” rating for the company. KeyCorp assumed coverage on Ryerson in a research note on Wednesday, March 25th. They issued a “sector weight” rating for the company. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

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.