Ryerson (NYSE:RYZ) Sets New 1-Year High – Here’s Why

Ryerson Holding (NYSE:RYZ)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $31.09 and last traded at $30.1910, with a volume of 79269 shares. The stock had previously closed at $29.74.

Analysts Set New Price Targets

RYZ has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a research note on Thursday, June 18th. Wall Street Zen downgraded Ryerson from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Zacks Research lowered Ryerson from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Sell”.

Ryerson Stock Performance

The firm has a market capitalization of $1.59 billion, a P/E ratio of -20.75 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 stock’s 50 day moving average price is $27.42.

Ryerson (NYSE:RYZ) last issued its earnings results on Wednesday, May 6th. The company reported $0.30 earnings per share for the quarter. The business had revenue of $1.57 billion for 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. On average, analysts predict that Ryerson Holding will post 1.1 EPS for the current year.

Ryerson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a dividend of $0.1875 per share. The ex-dividend date was Thursday, June 4th. This represents a $0.75 dividend on an annualized basis and a yield of 2.4%. Ryerson’s dividend payout ratio (DPR) is presently -50.68%.

Insiders Place Their Bets

In related news, EVP Mark S. Silver sold 11,174 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $27.91, for a total transaction of $311,866.34. Following the completion of the sale, the executive vice president directly owned 120,181 shares in the company, valued at approximately $3,354,251.71. This trade represents a 8.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Molly D. Kannan sold 3,000 shares of Ryerson stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $28.42, for a total transaction of $85,260.00. Following the transaction, the chief accounting officer directly owned 25,636 shares in the company, valued at $728,575.12. This trade represents a 10.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 17,674 shares of company stock worth $492,576 in the last three months. 6.58% of the stock is currently owned by corporate insiders.

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.