Ryerson (RYI) Stock Price, News & Analysis

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ryerson in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" RYI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RYI, but not buy additional shares or sell existing shares.
View RYI analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 12-month price targets for Ryerson's shares. Their RYI share price targets range from $33.00 to $33.00. On average, they anticipate the company's share price to reach $33.00 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price.
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Ryerson's stock was trading at $34.68 at the beginning of the year. Since then, RYI stock has decreased by 7.7% and is now trading at $32.00.
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Ryerson saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 773,500 shares, a decrease of 24.9% from the March 15th total of 1,030,000 shares. Based on an average daily volume of 219,200 shares, the short-interest ratio is presently 3.5 days. Approximately 2.7% of the shares of the company are sold short.
View Ryerson's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our RYI earnings forecast.

Ryerson will be holding an earnings conference call on Wednesday, May 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Ryerson Holding Co. (NYSE:RYI) announced its quarterly earnings data on Wednesday, February, 21st. The basic materials company reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.49. The basic materials company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Ryerson had a trailing twelve-month return on equity of 16.33% and a net margin of 2.85%. During the same quarter last year, the firm earned ($0.65) EPS.

Ryerson announced a quarterly dividend on Wednesday, February 21st. Investors of record on Thursday, March 7th will be paid a dividend of $0.188 per share on Thursday, March 21st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Wednesday, March 6th. This is a boost from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for RYI.

Ryerson (NYSE:RYI) pays an annual dividend of $0.75 per share and currently has a dividend yield of 2.35%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.43%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for RYI.

ETFs with the largest weight of Ryerson (NYSE:RYI) stock in their portfolio include VanEck Steel ETF (SLX), Roundhill Acquirers Deep Value ETF (DEEP), Cambria Shareholder Yield ETF (SYLD), SPDR S&P Metals & Mining ETF (XME), Invesco DWA SmallCap Momentum ETF (DWAS) and Royce Quant Small-Cap Quality Value ETF (SQLV).Direxion Daily Metals & Mining Bull 2X Shares (MNM).

Ryerson issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share (EPS) guidance of 0.240-0.340 for the period. The company issued revenue guidance of $1.2 billion-$1.3 billion.

71 employees have rated Ryerson Chief Executive Officer Edward Lehner on Glassdoor.com. Edward Lehner has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ryerson investors own include Reliance (RS), Verizon Communications (VZ), Walgreens Boots Alliance (WBA), Gilead Sciences (GILD), Intel (INTC), AT&T (T), Freeport-McMoRan (FCX), FireEye (FEYE), OPKO Health (OPK) and QUALCOMM (QCOM).

Ryerson's stock is owned by a number of retail and institutional investors. Top institutional investors include Denali Advisors LLC (0.47%), Allspring Global Investments Holdings LLC (0.04%), Diversified Trust Co (0.02%) and Los Angeles Capital Management LLC (0.02%). Insiders that own company stock include Alagu Sundarrajan, Edward J Lehner, Mark S Silver, Molly D Kannan, Platinum Equity, Llc and Stephen P Larson.
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Shares of RYI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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