Molly Kannan Sells 3,000 Shares of Ryerson (NYSE:RYZ) Stock

Ryerson Holding (NYSE:RYZ) CAO Molly Kannan sold 3,000 shares of the company’s stock in a transaction on 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 in the company, valued at $728,575.12. This represents a 10.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Ryerson Trading Down 2.9%

NYSE:RYZ traded down $0.83 during trading hours on Monday, hitting $27.77. The company’s stock had a trading volume of 368,444 shares, compared to its average volume of 471,954. The company has a market capitalization of $1.44 billion, a PE ratio of -18.76 and a beta of 1.64. The company has a fifty day simple moving average of $25.12. 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 52-week low of $19.02 and a 52-week high of $30.90.

Ryerson (NYSE:RYZ) last posted its earnings results on Wednesday, May 6th. The company reported $0.30 EPS for the quarter. The firm had revenue of $1.57 billion for the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.Ryerson has set its Q2 2026 guidance at 0.380-0.420 EPS. On average, sell-side analysts forecast that Ryerson Holding will post 1.15 earnings per share for the current year.

Ryerson Dividend Announcement

The firm also recently announced 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. This represents a $0.75 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, June 4th. Ryerson’s dividend payout ratio is -50.68%.

Wall Street Analyst Weigh In

Several equities 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 on the stock. KeyCorp assumed coverage on Ryerson in a report on Wednesday, March 25th. They set a “sector weight” rating on the stock. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce”.

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.