Molly Kannan Sells 3,000 Shares of Ryerson (NYSE:RYZ) Stock

Ryerson Holding (NYSE:RYZ) CAO Molly Kannan sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $28.42, for a total transaction of $85,260.00. Following the sale, the chief accounting officer 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 sale was disclosed in a document filed with the SEC, which is accessible through this link.

Ryerson Stock Performance

Shares of RYZ opened at $28.61 on Wednesday. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of -19.33 and a beta of 1.64. Ryerson Holding has a twelve month low of $19.02 and a twelve month high of $30.90. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 2.21. The firm has a 50 day moving average of $25.18.

Ryerson (NYSE:RYZ) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $1.57 billion during the quarter. Ryerson had a negative net margin of 0.93% and a negative return on equity of 3.43%. Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. On average, sell-side analysts anticipate that Ryerson Holding will post 1.15 earnings per share for the current fiscal year.

Ryerson Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, June 4th. Ryerson’s payout ratio is -50.68%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Weiss Ratings assumed coverage on Ryerson in a research report on Tuesday, March 24th. They issued a “sell (d+)” rating on the stock. KeyCorp assumed coverage on shares of Ryerson in a research note on Wednesday, March 25th. They set a “sector weight” rating for the company. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Ryerson Company Profile

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.