
Ryerson Holding (NYSE:RYZ – Free Report) – Equities research analysts at KeyCorp issued their Q4 2026 earnings estimates for Ryerson in a report released on Sunday, November 1st. KeyCorp analyst S. Mckinney expects that the company will post earnings per share of $0.39 for the quarter. The consensus estimate for Ryerson’s current full-year earnings is $1.35 per share.
Ryerson (NYSE:RYZ – Get Free Report) last posted its earnings results on Wednesday, October 28th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.22. The company had revenue of $2.18 billion during the quarter. Ryerson had a return on equity of 3.48% and a net margin of 0.21%.
A number of other equities research analysts also recently weighed in on RYZ. Zacks Research raised Ryerson from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 26th. Wall Street Zen raised Ryerson from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Weiss Ratings upgraded Ryerson from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Ryerson currently has an average rating of “Moderate Buy”.
Read Our Latest Research Report on RYZ
Ryerson Trading Down 4.3%
Shares of NYSE:RYZ opened at $31.82 on Wednesday. Ryerson has a 12-month low of $19.34 and a 12-month high of $33.72. The business’s fifty day simple moving average is $26.28 and its 200-day simple moving average is $26.51. The company has a market capitalization of $1.65 billion, a PE ratio of 79.19 and a beta of 1.50. The company has a current ratio of 2.16, a quick ratio of 1.02 and a debt-to-equity ratio of 0.76.
Ryerson Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be given a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, December 3rd. Ryerson’s dividend payout ratio (DPR) is currently -441.18%.
Hedge Funds Weigh In On Ryerson
Institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Ryerson in the 2nd quarter worth $120,378,000. Platinum Equity Advisors LLC DE acquired a new position in Ryerson during the second quarter worth $96,581,404. JB Capital Partners LP acquired a new position in Ryerson during the second quarter worth $69,869,242. State Street Corp purchased a new position in Ryerson during the second quarter valued at $54,285,000. Finally, Donald Smith & CO. Inc. purchased a new position in Ryerson during the second quarter valued at $49,036,000. 94.81% of the stock is owned by hedge funds and other institutional investors.
About Ryerson
Ryerson Holding Corporation is a value-added processor and distributor of industrial metals. The company supplies carbon steel, stainless steel, aluminum, nickel, and copper products to manufacturers and other industrial customers, offering materials in forms such as sheets, plates, coils, bars, tubes, and structural products.
In addition to distributing metals, Ryerson provides processing and fabrication services designed to prepare materials for customer specifications. These services include cutting, slitting, sawing, forming, machining, and other methods that help customers manage their material requirements and supply chains.
Founded in Chicago in 1842 by Joseph T.
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