Ryerson (NYSE:RYZ) Updates Q3 2026 Earnings Guidance

Ryerson (NYSE:RYZ) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.370-0.400 for the period, compared to the consensus estimate of 0.500. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $354.0 million.

Analyst Upgrades and Downgrades

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

Ryerson Trading Up 2.0%

Shares of NYSE:RYZ traded up $0.53 during trading on Friday, reaching $27.34. 100,350 shares of the company traded hands, compared to its average volume of 467,648. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of -22.00 and a beta of 1.67. Ryerson has a 52-week low of $19.34 and a 52-week high of $32.00. The company has a quick ratio of 1.03, a current ratio of 2.21 and a debt-to-equity ratio of 0.70. The firm’s fifty day simple moving average is $27.78.

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

Ryerson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a $0.1875 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.7%. Ryerson’s payout ratio is presently -50.68%.

Insider Activity

In other news, CAO Molly D. Kannan sold 3,000 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark S. Silver sold 11,174 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $27.91, for a total transaction of $311,866.34. Following the sale, the executive vice president owned 120,181 shares of the company’s stock, valued at approximately $3,354,251.71. This represents a 8.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 18,174 shares of company stock valued at $508,576. 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.