Ryerson (NYSE:RYZ) CAO Molly Kannan Sells 2,500 Shares

Ryerson Holding (NYSE:RYZ) CAO Molly Kannan sold 2,500 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $26.18, for a total value of $65,450.00. Following the transaction, the chief accounting officer directly owned 28,636 shares of the company’s stock, valued at approximately $749,690.48. The trade was a 8.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Ryerson Stock Performance

NYSE RYZ traded down $0.79 on Friday, reaching $25.32. 552,641 shares of the stock traded hands, compared to its average volume of 480,594. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 2.21. The firm has a market cap of $1.31 billion, a P/E ratio of -17.11 and a beta of 1.65. Ryerson Holding has a 12 month low of $19.02 and a 12 month high of $30.90.

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

Ryerson Announces Dividend

The business 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 dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Thursday, June 4th. Ryerson’s dividend payout ratio is -50.68%.

Analysts Set New Price Targets

A number of brokerages have recently commented on RYZ. Weiss Ratings began coverage on Ryerson in a research report on Tuesday, March 24th. They set a “sell (d+)” rating for the company. KeyCorp began coverage on Ryerson in a research report on Wednesday, March 25th. They set a “sector weight” rating for the company. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Ryerson presently 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.