Ryerson (RYI) Projected to Post Earnings on Wednesday

Ryerson (NYSE:RYI - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of ($0.23) per share and revenue of $1.16 billion for the quarter. Ryerson has set its Q1 2025 guidance at -0.270--0.200 EPS.

Ryerson (NYSE:RYI - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The basic materials company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.48) by $0.34. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. Ryerson had a negative return on equity of 0.70% and a negative net margin of 0.19%.

Ryerson Price Performance

RYI stock traded down $0.42 during mid-day trading on Monday, reaching $22.89. 157,315 shares of the company's stock were exchanged, compared to its average volume of 312,130. The company has a market cap of $729.07 million, a price-to-earnings ratio of -88.04 and a beta of 1.35. The stock's 50 day moving average is $23.15 and its 200 day moving average is $22.45. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.22 and a quick ratio of 1.06. Ryerson has a 12-month low of $17.18 and a 12-month high of $31.17.

Ryerson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.1875 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.28%. Ryerson's payout ratio is currently -288.46%.

Insider Buying and Selling at Ryerson

In related news, CFO James J. Claussen sold 6,017 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $25.30, for a total value of $152,230.10. Following the completion of the sale, the chief financial officer now owns 58,773 shares of the company's stock, valued at approximately $1,486,956.90. This trade represents a 9.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Edward J. Lehner sold 10,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $24.79, for a total value of $247,900.00. Following the completion of the sale, the chief executive officer now directly owns 593,228 shares of the company's stock, valued at approximately $14,706,122.12. This represents a 1.66 % decrease in their position. The disclosure for this sale can be found here. Insiders own 3.95% of the company's stock.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets increased their target price on Ryerson from $23.00 to $25.00 and gave the company a "market perform" rating in a report on Monday, February 24th.

Ryerson Company Profile

Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States and internationally. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum, as well as nickel and red metals in various shapes and forms, including coils, sheets, rounds, hexagons, square and flat bars, plates, structural, and tubing.