Ryerson (NYSE:RYZ) Announces Earnings Results

Ryerson (NYSE:RYZ) announced its quarterly earnings data on Wednesday. The company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.12, FiscalAI reports. Ryerson had a negative net margin of 0.56% and a negative return on equity of 0.67%. The firm had revenue of $2.01 billion during the quarter. Ryerson updated its Q3 2026 guidance to 0.370-0.400 EPS.

Ryerson Stock Up 2.6%

Shares of RYZ stock traded up $0.70 during mid-day trading on Friday, reaching $27.51. 68,259 shares of the company’s stock traded hands, compared to its average volume of 467,411. Ryerson has a 12 month low of $19.34 and a 12 month high of $32.00. The firm has a market cap of $1.43 billion, a P/E ratio of -22.26 and a beta of 1.67. The company has a current ratio of 2.21, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70. The firm’s 50-day simple moving average is $27.78.

Ryerson Announces Dividend

The company 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. The ex-dividend date is Thursday, September 3rd. This represents a $0.75 annualized dividend and a dividend yield of 2.7%. Ryerson’s payout ratio is currently -50.68%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on RYZ shares. Wall Street Zen cut Ryerson from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Zacks Research lowered Ryerson from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 24th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Ryerson in a research report on Thursday, June 18th. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ryerson presently has an average rating of “Sell”.

Insider Transactions at Ryerson

In related news, EVP Mark S. Silver sold 11,174 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $27.91, for a total value of $311,866.34. Following the sale, the executive vice president owned 120,181 shares in the company, valued at $3,354,251.71. This represents a 8.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Molly D. Kannan sold 1,000 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $30.00, for a total value of $30,000.00. Following the completion of the sale, the chief accounting officer directly owned 24,636 shares in the company, valued at approximately $739,080. This represents a 3.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 18,174 shares of company stock worth $508,576. Corporate insiders own 6.58% of the company’s stock.

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.