Ryerson Holding (RYZ) To Go Ex-Dividend on September 3rd

Ryerson Holding (NYSE:RYZGet Free Report) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Thursday, September 3rd will be paid a dividend of 0.1875 per share on Thursday, September 17th. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, September 3rd.

Ryerson Stock Performance

NYSE:RYZ opened at $25.04 on Tuesday. The company has a quick ratio of 1.04, a current ratio of 2.21 and a debt-to-equity ratio of 0.73. The firm’s 50-day moving average is $27.19. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of -20.19 and a beta of 1.65. Ryerson has a 52-week low of $19.34 and a 52-week high of $32.00.

Ryerson (NYSE:RYZGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.12. The firm had revenue of $2.01 billion for the quarter. Ryerson had a negative return on equity of 0.62% and a negative net margin of 0.56%.Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. Equities analysts forecast that Ryerson will post 1.1 earnings per share for the current fiscal year.

Insider Activity at Ryerson

In related news, CAO Molly D. Kannan sold 1,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $30.00, for a total transaction of $30,000.00. Following the completion of the transaction, the chief accounting officer directly owned 24,636 shares of the company’s stock, valued at approximately $739,080. This represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 6.58% of the company’s stock.

Hedge Funds Weigh In On Ryerson

Several institutional investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new stake in shares of Ryerson during the 2nd quarter worth approximately $66,000. Public Employees Retirement System of Ohio bought a new position in Ryerson during the second quarter valued at $130,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Ryerson in the 2nd quarter worth $148,000. State of Wyoming bought a new stake in Ryerson during the second quarter worth approximately $185,000. Finally, NFJ Investment Group LLC purchased a new position in shares of Ryerson during the 2nd quarter worth about $219,000. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Ryerson Company Profile

(Get Free Report)

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.

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