Ryerson (NYSE:RYZ – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.300-0.380 for the period, compared to the consensus estimate of 0.090. The company issued revenue guidance of $2.0 billion, compared to the consensus revenue estimate of $1.8 billion.
Analyst Upgrades and Downgrades
RYZ has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ryerson in a research report on Monday, September 14th. Zacks Research raised Ryerson from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, Wall Street Zen raised shares of Ryerson from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.
Get Our Latest Report on Ryerson
Ryerson Trading Up 4.0%
Shares of RYZ opened at $30.87 on Friday. The firm’s 50-day moving average is $25.83 and its two-hundred day moving average is $26.40. The company has a current ratio of 2.21, a quick ratio of 1.04 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $1.60 billion, a P/E ratio of 70.64 and a beta of 1.59. Ryerson has a twelve month low of $19.34 and a twelve month high of $32.00.
Ryerson (NYSE:RYZ – Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.22. Ryerson had a net margin of 0.21% and a return on equity of 3.64%. The firm had revenue of $2.18 billion for the quarter. On average, research analysts predict that Ryerson will post 1.35 earnings per share for the current fiscal year.
Ryerson Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, December 3rd. Ryerson’s payout ratio is -60.48%.
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.
Featured Stories
- Five stocks we like better than Ryerson
- SaaS-Pocalypse II: Is ServiceNow’s Sell-Off Another Buying Opportunity?
- Robinhood Stock Is Down Nearly 37%—So Why Is Wall Street Still So Bullish?
- 5 Stocks to Buy in November: Bargains Worth Giving Thanks For
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
Receive News & Ratings for Ryerson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryerson and related companies with MarketBeat.com's FREE daily email newsletter.
