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

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

Ryerson Stock Down 1.3%

Shares of NYSE:RYZ opened at $28.64 on Wednesday. The stock’s 50-day simple moving average is $26.45. 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 Holding has a twelve month low of $19.02 and a twelve month high of $30.90. The company has a market capitalization of $1.49 billion, a price-to-earnings ratio of -19.35 and a beta of 1.63.

Ryerson (NYSE:RYZ) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.30 EPS for the quarter. Ryerson had a negative net margin of 0.93% and a negative return on equity of 3.43%. The company had revenue of $1.57 billion during the quarter. Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. Analysts anticipate that Ryerson Holding will post 1.15 earnings per share for the current fiscal year.

Ryerson Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, June 4th. Ryerson’s dividend payout ratio (DPR) is -50.68%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on RYZ shares. KeyCorp started coverage on shares of Ryerson in a research report on Wednesday, March 25th. They issued a “sector weight” rating for the company. Weiss Ratings started coverage on shares of Ryerson in a research report on Tuesday, March 24th. They issued a “sell (d+)” rating for the company. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently 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.