Ryerson (NYSE:RYZ) Releases Q3 2026 Earnings Guidance

Ryerson (NYSE:RYZ) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.370-0.400 for the period, compared to the consensus estimate of 0.500. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $354.0 million.

Ryerson Price Performance

Shares of NYSE:RYZ traded down $2.30 on Wednesday, hitting $28.73. The company’s stock had a trading volume of 388,754 shares, compared to its average volume of 468,114. Ryerson has a 1 year low of $19.34 and a 1 year high of $32.00. The company has a quick ratio of 1.03, a current ratio of 2.21 and a debt-to-equity ratio of 0.70. The stock has a market cap of $1.49 billion, a P/E ratio of -19.41 and a beta of 1.67. The firm’s 50-day moving average price is $27.75.

Ryerson (NYSE:RYZ) last announced its earnings results on Wednesday, July 29th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.12. The company had revenue of $2.01 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 Q3 2026 guidance at 0.370-0.400 EPS. On average, equities research analysts expect that Ryerson will post 1.1 earnings per share for the current fiscal year.

Ryerson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, June 4th. Ryerson’s payout ratio is presently -50.68%.

Analysts Set New Price Targets

RYZ has been the subject of a number of recent analyst reports. Zacks Research lowered Ryerson from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 24th. Wall Street Zen lowered Ryerson from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Ryerson in a research note on Thursday, June 18th. One research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Ryerson presently has an average rating of “Sell”.

Insider Activity at Ryerson

In other news, EVP Mark S. Silver sold 11,174 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was 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 directly owned 120,181 shares in the company, valued at $3,354,251.71. This trade represents a 8.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Molly D. Kannan sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $30.00, for a total transaction of $30,000.00. Following the sale, the chief accounting officer directly owned 24,636 shares of the company’s stock, valued at $739,080. This trade represents a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 17,674 shares of company stock worth $492,576 in the last 90 days. 6.58% of the stock is currently owned by company insiders.

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.