Ryerson (RYI) Stock Price, News & Analysis

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ryerson in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 12 month price targets for Ryerson's shares. Their RYI share price targets range from $28.00 to $28.00. On average, they anticipate the company's stock price to reach $28.00 in the next year. This suggests a possible upside of 22.6% from the stock's current price.
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Ryerson's stock was trading at $34.68 at the beginning of 2024. Since then, RYI shares have decreased by 34.1% and is now trading at $22.84.
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Ryerson saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 773,500 shares, a decline of 24.9% from the March 15th total of 1,030,000 shares. Based on an average daily trading volume, of 219,200 shares, the days-to-cover ratio is currently 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 Monday, July 29th 2024.
View our RYI earnings forecast.

Ryerson Holding Co. (NYSE:RYI) released its quarterly earnings data on Wednesday, February, 21st. The basic materials company reported $0.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.49. The basic materials company earned $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. Ryerson had a trailing twelve-month return on equity of 10.27% and a net margin of 1.84%. During the same quarter in the previous year, the company posted ($0.65) earnings per share.

Ryerson announced a quarterly dividend on Tuesday, April 30th. Investors of record on Thursday, June 6th will be paid a dividend of $0.188 per share on Thursday, June 20th. This represents a $0.75 annualized dividend and a dividend yield of 3.29%. The ex-dividend date is Thursday, June 6th.
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 3.28%. 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 29.07%. 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 Xtrackers US Green Infrastructure Select Equity ETF (UPGR), VanEck Steel ETF (SLX), SPDR S&P Metals & Mining ETF (XME), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco DWA SmallCap Momentum ETF (DWAS), Royce Quant Small-Cap Quality Value ETF (SQLV) and Direxion Daily Metals & Mining Bull 2X Shares (MNM).First Trust Small Cap Core AlphaDEX Fund (FYX).

Ryerson updated its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of 0.150-0.250 for the period, compared to the consensus EPS estimate of 0.570. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 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 variety of retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (1.10%), Denali Advisors LLC (0.47%), Assenagon Asset Management S.A. (0.26%), Janney Montgomery Scott LLC (0.23%), BNP Paribas Financial Markets (0.14%) and GSA Capital Partners LLP (0.10%). Insiders that own company stock include Alagu Sundarrajan, Edward J Lehner, Mark S Silver, Michael Burbach, 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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