Molly Kannan Sells 2,500 Shares of Ryerson (NYSE:RYZ) Stock

Ryerson Holding (NYSE:RYZ) CAO Molly Kannan sold 2,500 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $26.18, for a total value of $65,450.00. Following the completion of the transaction, the chief accounting officer owned 28,636 shares of the company’s stock, valued at $749,690.48. This represents a 8.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Ryerson Stock Performance

RYZ stock opened at $25.32 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.21 and a quick ratio of 1.03. Ryerson Holding has a 1-year low of $19.02 and a 1-year high of $30.90. The firm has a market capitalization of $1.31 billion, a PE ratio of -17.11 and a beta of 1.65.

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

Ryerson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 4th will be issued a $0.1875 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.75 annualized dividend and a dividend yield of 3.0%. Ryerson’s payout ratio is presently -50.68%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings assumed coverage on Ryerson in a report on Tuesday, March 24th. They set a “sell (d+)” rating for the company. KeyCorp assumed coverage on Ryerson in a report on Wednesday, March 25th. They set a “sector weight” rating for the company. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Ryerson has an average rating of “Reduce”.

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.