Ryerson (RYI) Expected to Announce Quarterly Earnings on Wednesday

Ryerson (NYSE:RYI - Get Free Report) is projected to announce its Q1 2025 earnings data 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 released its quarterly earnings results on Thursday, February 20th. The basic materials company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.48) by $0.34. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates 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 opened at $22.53 on Wednesday. The business's fifty day moving average price is $23.10 and its 200 day moving average price is $22.37. Ryerson has a 12-month low of $17.18 and a 12-month high of $32.16. The company has a market capitalization of $717.57 million, a PE ratio of -86.65 and a beta of 1.35. The company has a current ratio of 2.22, a quick ratio of 1.06 and a debt-to-equity ratio of 0.62.

Ryerson Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th were given a dividend of $0.1875 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.75 annualized dividend and a dividend yield of 3.33%. Ryerson's dividend payout ratio is presently -288.46%.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets upped their target price on shares of Ryerson from $23.00 to $25.00 and gave the stock a "market perform" rating in a research note on Monday, February 24th.

Insider Activity

In other Ryerson news, CFO James J. Claussen sold 6,017 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $25.30, for a total value of $152,230.10. Following the sale, the chief financial officer now owns 58,773 shares of the company's stock, valued at $1,486,956.90. This trade represents a 9.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Edward J. Lehner sold 10,000 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $24.79, for a total value of $247,900.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.95% of the company's stock.

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.

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