Ryerson (NYSE:RYZ) Downgraded by Zacks Research to “Strong Sell”

Zacks Research lowered shares of Ryerson (NYSE:RYZ) from a hold rating to a strong sell rating in a report published on Wednesday morning,Zacks.com reports.

A number of other analysts also recently commented on RYZ. KeyCorp began coverage on shares of Ryerson in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a report on Thursday, June 18th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Ryerson has a consensus rating of “Sell”.

Ryerson Stock Performance

Shares of RYZ opened at $27.75 on Wednesday. The firm has a market cap of $1.44 billion, a PE ratio of -18.75 and a beta of 1.63. The company has a quick ratio of 1.03, a current ratio of 2.21 and a debt-to-equity ratio of 0.70. Ryerson has a 1 year low of $19.34 and a 1 year high of $30.90. The firm has a fifty day moving average price of $26.97.

Ryerson (NYSE:RYZ) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.30 earnings per share (EPS) for the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.The firm had revenue of $1.57 billion during the quarter. Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. Sell-side analysts predict that Ryerson will post 1.1 EPS for the current year.

Ryerson Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, June 4th. Ryerson’s dividend payout ratio (DPR) is presently -50.68%.

Insider Transactions at Ryerson

In other news, EVP Mark S. Silver sold 11,174 shares of the company’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 transaction, the executive vice president owned 120,181 shares of the company’s stock, valued at $3,354,251.71. This represents a 8.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Molly D. 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 completion of the sale, the chief accounting officer directly owned 25,636 shares in the company, valued at $728,575.12. This represents a 10.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 17,674 shares of company stock valued at $492,576. Corporate 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.