Ryerson (NYSE:RYZ – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.300-0.380 for the period, compared to the consensus EPS estimate of 0.090. The company issued revenue guidance of $2.0 billion, compared to the consensus revenue estimate of $1.8 billion.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on RYZ shares. Wall Street Zen raised shares of Ryerson from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Zacks Research upgraded shares of Ryerson from a “hold” rating to a “strong-buy” rating in a report on Monday, October 26th. Finally, Weiss Ratings raised shares of Ryerson from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
View Our Latest Analysis on RYZ
Ryerson Price Performance
RYZ stock opened at $31.08 on Friday. The company has a market capitalization of $1.61 billion, a P/E ratio of -182.82 and a beta of 1.59. Ryerson has a twelve month low of $19.34 and a twelve month high of $32.00. The business has a 50 day simple moving average of $25.97 and a 200-day simple moving average of $26.43. The company has a current ratio of 2.16, a quick ratio of 1.04 and a debt-to-equity ratio of 0.76.
Ryerson (NYSE:RYZ – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.39 by $0.22. Ryerson had a return on equity of 3.48% and a net margin of 0.21%. The firm had revenue of $2.18 billion during the quarter. As a group, equities analysts anticipate that Ryerson will post 1.35 EPS for the current year.
Ryerson Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, December 3rd. Ryerson’s dividend payout ratio (DPR) is presently -441.18%.
About Ryerson
Ryerson Holding Corporation is a value-added processor and distributor of industrial metals. The company supplies carbon steel, stainless steel, aluminum, nickel, and copper products to manufacturers and other industrial customers, offering materials in forms such as sheets, plates, coils, bars, tubes, and structural products.
In addition to distributing metals, Ryerson provides processing and fabrication services designed to prepare materials for customer specifications. These services include cutting, slitting, sawing, forming, machining, and other methods that help customers manage their material requirements and supply chains.
Founded in Chicago in 1842 by Joseph T.
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