KeyCorp Has Positive Opinion of Ryerson FY2026 Earnings

Ryerson Holding (NYSE:RYZ) – Stock analysts at KeyCorp increased their FY2026 earnings per share estimates for shares of Ryerson in a report issued on Sunday, November 1st. KeyCorp analyst S. Mckinney now anticipates that the company will post earnings per share of $1.85 for the year, up from their prior estimate of $1.35. The consensus estimate for Ryerson’s current full-year earnings is $1.35 per share. KeyCorp also issued estimates for Ryerson’s FY2027 earnings at $2.70 EPS.

A number of other analysts have also issued reports on the stock. Wall Street Zen raised shares of Ryerson from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st. Weiss Ratings raised shares of Ryerson from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, October 30th. Finally, Zacks Research upgraded shares of Ryerson from a “hold” rating to a “strong-buy” rating in a report on Monday, October 26th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Ryerson Stock Down 1.2%

NYSE:RYZ opened at $31.64 on Thursday. Ryerson has a twelve month low of $19.34 and a twelve month high of $33.72. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 76.21 and a beta of 1.50. The stock has a fifty day simple moving average of $26.42 and a 200-day simple moving average of $26.54. 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 (NYSE:RYZ) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.39 by $0.22. Ryerson had a return on equity of 3.48% and a net margin of 0.21%. The company had revenue of $2.18 billion for the quarter.

Ryerson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be issued 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 presently -441.18%.

Institutional Investors Weigh In On Ryerson

A number of institutional investors and hedge funds have recently bought and sold shares of RYZ. BlackRock Inc. purchased a new stake in shares of Ryerson in the 2nd quarter worth approximately $120,378,000. Platinum Equity Advisors LLC DE bought a new position in shares of Ryerson during the second quarter valued at approximately $96,581,404. JB Capital Partners LP purchased a new position in Ryerson during the second quarter valued at approximately $69,869,242. State Street Corp purchased a new position in Ryerson during the second quarter valued at approximately $54,285,000. Finally, Donald Smith & CO. Inc. bought a new position in Ryerson in the second quarter worth approximately $49,036,000. 94.81% of the stock is owned by institutional investors.

Ryerson Company Profile

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.