Ryerson (NYSE:RYZ) CAO Molly Kannan Sells 500 Shares of Stock

Ryerson Holding (NYSE:RYZ) CAO Molly Kannan sold 500 shares of Ryerson stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $32.00, for a total value of $16,000.00. Following the sale, the chief accounting officer owned 24,136 shares in the company, valued at $772,352. This represents a 2.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Ryerson Trading Down 7.0%

RYZ opened at $26.78 on Friday. The business has a fifty day moving average price of $27.78. 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 company has a market capitalization of $1.39 billion, a P/E ratio of -21.59 and a beta of 1.67. Ryerson Holding has a 12-month low of $19.34 and a 12-month high of $32.00.

Ryerson (NYSE:RYZ) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.40 by $0.12. Ryerson had a negative return on equity of 0.67% and a negative net margin of 0.56%.The business had revenue of $2.01 billion during the quarter. Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. On average, analysts predict that Ryerson Holding will post 1.1 EPS for the current year.

Ryerson Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Ryerson’s dividend payout ratio (DPR) is -50.68%.

Analyst Upgrades and Downgrades

RYZ has been the topic of several research reports. Zacks Research lowered shares of Ryerson from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 24th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a research note on Thursday, June 18th. Finally, Wall Street Zen cut Ryerson from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. 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, the stock currently has a consensus rating of “Sell”.

Ryerson Company Profile

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.