Ryerson (NYSE:RYZ) Releases Earnings Results, Beats Estimates By $0.12 EPS

Ryerson (NYSE:RYZ) announced its quarterly earnings data on Wednesday. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.12, FiscalAI reports. The business had revenue of $2.01 billion during the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%. Ryerson updated its Q3 2026 guidance to 0.370-0.400 EPS.

Ryerson Stock Down 7.4%

Shares of RYZ opened at $28.73 on Thursday. Ryerson has a 12-month low of $19.34 and a 12-month high of $32.00. The stock has a 50-day moving average price of $27.75. The company has a current ratio of 2.21, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70. The firm has a market cap of $1.49 billion, a PE ratio of -19.41 and a beta of 1.67.

Ryerson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 3rd will be given a dividend of $0.1875 per share. The ex-dividend date is Thursday, September 3rd. This represents a $0.75 dividend on an annualized basis and a yield of 2.6%. Ryerson’s payout ratio is currently -50.68%.

Insider Activity

In other news, EVP Mark S. Silver sold 11,174 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $27.91, for a total transaction of $311,866.34. Following the sale, the executive vice president directly owned 120,181 shares in the company, valued at approximately $3,354,251.71. The trade was a 8.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Molly D. Kannan sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $28.42, for a total value of $85,260.00. Following the completion of the transaction, the chief accounting officer directly owned 25,636 shares of the company’s stock, valued at $728,575.12. This represents a 10.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 17,674 shares of company stock valued at $492,576 over the last quarter. Corporate insiders own 6.58% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on RYZ shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Ryerson in a research report on Thursday, June 18th. Wall Street Zen cut shares of Ryerson from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Zacks Research downgraded shares of Ryerson from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

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.