Ryerson (NYSE:RYZ) CAO Sells $65,450.00 in Stock

Ryerson Holding (NYSE:RYZGet Free Report) CAO Molly Kannan sold 2,500 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $26.18, for a total transaction of $65,450.00. Following the completion of the transaction, the chief accounting officer directly owned 28,636 shares in the company, valued at $749,690.48. The trade was a 8.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Ryerson Stock Down 0.2%

Shares of RYZ stock opened at $25.32 on Monday. Ryerson Holding has a 52 week low of $19.02 and a 52 week high of $30.90. The stock has a market cap of $1.31 billion, a P/E ratio of -17.11 and a beta of 1.65. The company has a quick ratio of 1.03, a current ratio of 2.21 and a debt-to-equity ratio of 0.70.

Ryerson (NYSE:RYZGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.30 earnings per share for the quarter. The firm 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. Equities research analysts predict that Ryerson Holding will post 1.15 earnings per share for the current year.

Ryerson Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be paid a dividend of $0.1875 per share. The ex-dividend date is Thursday, June 4th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.0%. Ryerson’s dividend payout ratio (DPR) is -50.68%.

Analyst Ratings Changes

Several research firms recently issued reports on RYZ. KeyCorp began coverage on Ryerson in a research note on Wednesday, March 25th. They issued a “sector weight” rating for the company. Weiss Ratings initiated coverage on Ryerson in a research report on Tuesday, March 24th. They set a “sell (d+)” rating on the stock. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Ryerson presently has a consensus rating of “Reduce”.

View Our Latest Research Report on RYZ

About Ryerson

(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.

Further Reading

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