NYSE:RYI - Ryerson Stock Price, Forecast & News

Ryerson trades on the New York Stock Exchange (NYSE) under the ticker symbol "RYI."

Ryerson Holding Corp (NYSE:RYI) released its quarterly earnings results on Wednesday, October, 30th. The basic materials company reported $0.24 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.63 by $0.39. The basic materials company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.11 billion. Ryerson had a return on equity of 54.24% and a net margin of 1.20%. Ryerson's revenue for the quarter was down 11.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.17 EPS. View Ryerson's Earnings History.

Ryerson is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Ryerson.

Ryerson updated its fourth quarter earnings guidance on Tuesday, October, 29th. The company provided EPS guidance of $0.08-0.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.07. The company issued revenue guidance of $0.96-1.0 billion, compared to the consensus revenue estimate of $1.02 billion.

2 brokers have issued 1-year price objectives for Ryerson's stock. Their forecasts range from $7.00 to $10.00. On average, they expect Ryerson's share price to reach $8.50 in the next twelve months. This suggests that the stock has a possible downside of 22.5%. View Analyst Price Targets for Ryerson.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ryerson in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ryerson.

Media headlines about RYI stock have trended somewhat positive on Wednesday, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ryerson earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Ryerson.

Ryerson saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 223,400 shares, a decrease of 20.4% from the December 15th total of 280,600 shares. Based on an average daily trading volume, of 128,800 shares, the short-interest ratio is presently 1.7 days. Currently, 1.4% of the company's shares are short sold. View Ryerson's Current Options Chain.

Some companies that are related to Ryerson include MITSUBISHI CORP/S (MSBHY), MARUBENI CORP/ADR (MARUY), Reliance Steel & Aluminum (RS), L.B. Foster (FSTR) and Olympic Steel (ZEUS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ryerson investors own include Reliance Steel & Aluminum (RS), Walgreens Boots Alliance (WBA), Verizon Communications (VZ), FireEye (FEYE), Intel (INTC), Freeport-McMoRan (FCX), AT&T (T), Advanced Micro Devices (AMD), Gilead Sciences (GILD) and Meet Group (MEET).

Ryerson's stock is owned by many different of retail and institutional investors. Top institutional investors include Comprehensive Portfolio Management LLC (0.03%). Company insiders that own Ryerson stock include Edward J Lehner, Erich S Schnaufer, John E Orth, Mark S Silver, Michael Burbach, Patrick J Ervin and Stephen P Larson. View Institutional Ownership Trends for Ryerson.

RYI stock was purchased by a variety of institutional investors in the last quarter, including Comprehensive Portfolio Management LLC. Company insiders that have bought Ryerson stock in the last two years include Edward J Lehner, Erich S Schnaufer, John E Orth, Mark S Silver, Michael Burbach, Patrick J Ervin and Stephen P Larson. View Insider Buying and Selling for Ryerson.

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

One share of RYI stock can currently be purchased for approximately $10.97.

Ryerson has a market capitalization of $414.45 million and generates $4.41 billion in revenue each year. The basic materials company earns $106 million in net income (profit) each year or $1.07 on an earnings per share basis. Ryerson employs 4,600 workers across the globe.View Additional Information About Ryerson.

The official website for Ryerson is http://www.ryerson.com/.

Ryerson's mailing address is 227 W. MONROE ST. 27TH FLOOR, CHICAGO IL, 60606. The basic materials company can be reached via phone at 312-292-5000 or via email at [email protected]