Ryerson (NYSE:RYZ) Reaches New 1-Year High – Here’s What Happened

Shares of Ryerson Holding (NYSE:RYZ) hit 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 trading hands. The stock had previously closed at $29.74.

Wall Street Analyst Weigh In

RYZ has been the subject of several recent analyst reports. KeyCorp assumed coverage on shares of Ryerson in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. Wall Street Zen cut Ryerson from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Zacks Research downgraded Ryerson from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 24th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Ryerson Price Performance

The company has a market cap of $1.57 billion, a PE ratio of -20.35 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 firm’s 50-day moving average is $27.24.

Ryerson (NYSE:RYZ) last issued its earnings results on Wednesday, May 6th. The company reported $0.30 earnings per share for the quarter. The firm 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. Sell-side analysts expect that Ryerson Holding will post 1.1 earnings per share for the current year.

Ryerson Dividend Announcement

The business 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. The ex-dividend date was Thursday, June 4th. This represents a $0.75 annualized dividend and a yield of 2.5%. Ryerson’s payout ratio is presently -50.68%.

Insider Activity

In other news, 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 value of $85,260.00. Following the sale, the chief accounting officer directly owned 25,636 shares of the company’s stock, valued at approximately $728,575.12. The trade was a 10.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mark S. Silver sold 11,174 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $27.91, for a total value of $311,866.34. Following the completion of the sale, the executive vice president owned 120,181 shares in the company, valued at $3,354,251.71. This represents a 8.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 17,674 shares of company stock valued at $492,576 in the last three months. Insiders own 6.58% of the company’s stock.

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.