Ryerson (NYSE:RYZ) Stock Price Down 8% – What’s Next?

Ryerson Holding (NYSE:RYZ)’s stock price dropped 8% during mid-day trading on Monday . The stock traded as low as $25.96 and last traded at $25.5090. 66,785 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 474,576 shares. The stock had previously closed at $27.73.

Wall Street Analysts Forecast Growth

RYZ has been the subject of a number of recent research reports. Zacks Research lowered shares of Ryerson from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a report on Thursday, June 18th. Wall Street Zen raised shares of Ryerson from a “hold” rating to a “buy” rating in a report on Saturday. Finally, KeyCorp started coverage on shares of Ryerson in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. One equities research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Ryerson Stock Performance

The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of -17.44 and a beta of 1.64. The company has a current ratio of 2.21, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70. The firm’s 50 day simple moving average is $27.04.

Ryerson (NYSE:RYZ) last posted its earnings results on Wednesday, May 6th. The company reported $0.30 EPS for the quarter. The company had revenue of $1.57 billion for 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, research analysts forecast that Ryerson Holding will post 1.1 earnings per share for the current year.

Ryerson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Thursday, June 4th. Ryerson’s dividend payout ratio (DPR) is presently -50.68%.

Insiders Place Their Bets

In other Ryerson news, EVP Mark S. Silver sold 11,174 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $27.91, for a total transaction of $311,866.34. Following the transaction, the executive vice president owned 120,181 shares of the company’s stock, valued at approximately $3,354,251.71. This trade represents a 8.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Molly D. Kannan sold 1,000 shares of Ryerson 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 transaction, the chief accounting officer directly owned 24,636 shares in the company, valued at approximately $739,080. This trade represents a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 17,674 shares of company stock worth $492,576 over the last 90 days. Company insiders own 6.58% of the company’s stock.

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.