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 brokers have issued twelve-month price objectives for Ryerson's stock. 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 11.9% from the stock's current price.
View analysts price targets for RYI or view top-rated stocks among Wall Street analysts.

Ryerson's stock was trading at $30.26 at the beginning of 2023. Since then, RYI shares have decreased by 2.5% and is now trading at $29.49.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our RYI earnings forecast.

Ryerson Holding Co. (NYSE:RYI) issued its quarterly earnings results on Monday, October, 30th. The basic materials company reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.63. The basic materials company earned $1.25 billion during the quarter, compared to analyst estimates of $1.26 billion. Ryerson had a net margin of 1.81% and a trailing twelve-month return on equity of 10.85%.

Ryerson declared a quarterly dividend on Monday, October 30th. Shareholders of record on Thursday, November 30th will be given a dividend of $0.183 per share on Thursday, December 14th. This represents a $0.73 annualized dividend and a dividend yield of 2.48%. The ex-dividend date is Wednesday, November 29th. This is an increase from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for RYI.

Ryerson (NYSE:RYI) pays an annual dividend of $0.74 per share and currently has a dividend yield of 2.51%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RYI will have a dividend payout ratio of 25.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RYI.

ETFs with the largest weight of Ryerson (NYSE:RYI) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), Cambria Shareholder Yield ETF (SYLD), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), VanEck Steel ETF (SLX), SPDR S&P Metals & Mining ETF (XME), Hartford Multifactor Small Cap ETF (ROSC), Invesco DWA SmallCap Momentum ETF (DWAS) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).

Ryerson updated its fourth quarter 2023 earnings guidance on Monday, October, 30th. The company provided earnings per share guidance of $0.18-$0.22 for the period, compared to the consensus EPS estimate of $0.32. The company issued revenue guidance of $1.00 billion-$1.15 billion, compared to the consensus revenue estimate of $1.10 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 Steel & Aluminum (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 many different institutional and retail investors. Top institutional investors include William Blair Investment Management LLC (2.35%), Acadian Asset Management LLC (1.89%), Jacobs Levy Equity Management Inc. (1.70%), American Century Companies Inc. (1.31%), Mirae Asset Global Investments Co. Ltd. (1.29%) and Charles Schwab Investment Management Inc. (1.11%). Insiders that own company stock include Alagu Sundarrajan, Edward J Lehner, Kevin D Richardson, Mark S Silver, Molly D Kannan, Platinum Equity, Llc and Stephen P Larson.
View institutional ownership trends.

Shares of RYI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.