Radius Recycling (RDUS) to Release Quarterly Earnings on Tuesday

Radius Recycling (NASDAQ:RDUS - Get Free Report) is anticipated to issue its Q3 2025 quarterly earnings data before the market opens on Tuesday, July 1st. Analysts expect Radius Recycling to post earnings of ($0.87) per share and revenue of $725.30 million for the quarter.

Radius Recycling (NASDAQ:RDUS - Get Free Report) last announced its earnings results on Friday, April 4th. The basic materials company reported ($0.99) earnings per share for the quarter, beating analysts' consensus estimates of ($1.08) by $0.09. Radius Recycling had a negative net margin of 10.37% and a negative return on equity of 16.38%. The business had revenue of $642.51 million during the quarter, compared to the consensus estimate of $635.94 million.

Radius Recycling Stock Performance

RDUS remained flat at $29.64 during trading on Friday. The company's stock had a trading volume of 503,560 shares, compared to its average volume of 722,710. Radius Recycling has a 1-year low of $10.57 and a 1-year high of $29.74. The business's 50-day moving average is $29.46 and its 200 day moving average is $22.00. The firm has a market cap of $835.85 million, a PE ratio of -2.97 and a beta of 1.02. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.81 and a quick ratio of 0.88.

Radius Recycling Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, May 5th. Stockholders of record on Monday, April 21st were given a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend was Monday, April 21st. Radius Recycling's payout ratio is currently -7.52%.

Wall Street Analyst Weigh In

Separately, Wall Street Zen started coverage on shares of Radius Recycling in a research report on Tuesday, May 20th. They set a "sell" rating on the stock.

Institutional Investors Weigh In On Radius Recycling

A number of hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Radius Recycling by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,700 shares of the basic materials company's stock valued at $453,000 after purchasing an additional 708 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Radius Recycling by 7.3% in the first quarter. AQR Capital Management LLC now owns 60,224 shares of the basic materials company's stock valued at $1,739,000 after purchasing an additional 4,092 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Radius Recycling by 82.6% in the first quarter. Goldman Sachs Group Inc. now owns 422,774 shares of the basic materials company's stock worth $12,210,000 after purchasing an additional 191,278 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Radius Recycling by 300.3% during the first quarter. Millennium Management LLC now owns 595,714 shares of the basic materials company's stock worth $17,204,000 after purchasing an additional 446,891 shares during the period. 78.11% of the stock is currently owned by hedge funds and other institutional investors.

Radius Recycling Company Profile

Radius Recycling, Inc recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys.