Insider Selling: Ryerson (NYSE:RYZ) CAO Sells 1,000 Shares of Stock

Ryerson Holding (NYSE:RYZGet Free Report) CAO Molly Kannan sold 1,000 shares of Ryerson stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $30.00, for a total value 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 trade represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Ryerson Price Performance

Shares of Ryerson stock traded down $1.36 on Monday, hitting $29.05. 324,105 shares of the company’s stock traded hands, compared to its average volume of 466,625. The firm’s fifty day moving average price is $26.32. Ryerson Holding has a one year low of $19.02 and a one year high of $30.90. The company has a market cap of $1.51 billion, a P/E ratio of -19.63 and a beta of 1.63. 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 (NYSE:RYZGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.30 earnings per share for the quarter. The business had revenue of $1.57 billion during 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. Equities research analysts anticipate that Ryerson Holding will post 1.15 earnings per share for the current year.

Ryerson Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, June 4th. Ryerson’s dividend payout ratio (DPR) is presently -50.68%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on RYZ. KeyCorp initiated coverage on shares of Ryerson in a research report on Wednesday, March 25th. They set a “sector weight” rating on the stock. Weiss Ratings began coverage on Ryerson in a research note on Tuesday, March 24th. They set a “sell (d+)” rating on the stock. One 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 has an average rating of “Reduce”.

Read Our Latest Stock Analysis on Ryerson

About Ryerson

(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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