Ryerson (NYSE:RYZ) Trading Down 8% – Here’s Why

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

Analyst Ratings Changes

Several research analysts recently weighed in on RYZ shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Ryerson in a research note on Thursday, June 18th. Zacks Research lowered Ryerson from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 24th. Wall Street Zen raised shares of Ryerson from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, KeyCorp initiated coverage on Ryerson in a research note on Wednesday, March 25th. They set a “sector weight” rating on the stock. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Ryerson Trading Down 7.0%

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

Ryerson (NYSE:RYZ) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.30 EPS for the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.The business had revenue of $1.57 billion during the quarter. Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. As a group, analysts anticipate that Ryerson Holding will post 1.1 earnings per share for the current year.

Ryerson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Thursday, June 4th. Ryerson’s payout ratio is -50.68%.

Insider Buying and Selling at Ryerson

In related news, EVP Mark S. Silver sold 11,174 shares of the firm’s stock in a transaction on 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 directly owned 120,181 shares in the company, valued at $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 is available through this hyperlink. Also, CAO Molly D. Kannan sold 3,000 shares of Ryerson stock in a transaction on Friday, May 29th. The stock was sold at an average price of $28.42, for a total transaction of $85,260.00. Following the completion of the transaction, the chief accounting officer directly owned 25,636 shares of the company’s stock, valued at approximately $728,575.12. This represents a 10.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 17,674 shares of company stock worth $492,576 over the last 90 days. 6.58% of the stock is currently owned by company insiders.

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.