Ryerson (RYI) Stock Price, News & Analysis

Company Overview

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. The company also provides processing services. It serves various industries, including metal fabrication and machine shops, industrial machinery and equipment, commercial ground transportation, consumer durable equipment, food processing and agricultural equipment, construction equipment, oil and gas, and HVAC manufacturing. Ryerson Holding Corporation was founded in 1842 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $23.39 to $24.43
• 50-Day Range: $18.04 to $26.12
• 52-Week Range: $17.57 to $36.20
• Volume: 148,364 shs
• Average Volume: 271,717 shs
• Market Capitalization: $776.82 million
• P/E Ratio: 39.98
• Dividend Yield: 3.08%
• Price Target: $28.00
• Consensus Rating: Hold

Ryerson Stock Analysis - MarketRank™

Ryerson scored higher than 71% of companies evaluated by MarketBeat, and ranked 88th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Ryerson has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Ryerson has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Ryerson is 39.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ryerson is 39.98, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 108.29.

Price to Book Value per Share Ratio

Ryerson has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.76% of the float of Ryerson has been sold short.

Short Interest Ratio / Days to Cover

Ryerson has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ryerson has recently increased by 3.57%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Ryerson pays a meaningful dividend of 3.18%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ryerson does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ryerson is 122.95%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: 0.2 / 5
• Environmental Score: -5.12

Percentage of Shares Shorted

3.76% of the float of Ryerson has been sold short.

Short Interest Ratio / Days to Cover

Ryerson has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Ryerson has recently increased by 3.57%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.78

News Sentiment

Ryerson has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Ryerson this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for RYI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Ryerson insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $221,040.00 in company stock.

Percentage Held by Insiders

Only 3.88% of the stock of Ryerson is held by insiders.

Percentage Held by Institutions

94.81% of the stock of Ryerson is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RYI Stock Analysis - Frequently Asked Questions

How have RYI shares performed this year?

Ryerson's stock was trading at $34.68 at the beginning of 2024. Since then, RYI shares have decreased by 29.7% and is now trading at $24.39.
View the best growth stocks for 2024 here.

How were Ryerson's earnings last quarter?

Ryerson Holding Co. (NYSE:RYI) posted its quarterly earnings data on Tuesday, October, 29th. The basic materials company reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by $0.26. The basic materials company had revenue of $1.13 billion for the quarter. Ryerson had a net margin of 0.46% and a trailing twelve-month return on equity of 2.66%.

Who are Ryerson's major shareholders?

Ryerson's top institutional shareholders include JB Capital Partners LP (6.69%), State Street Corp (4.43%), Victory Capital Management Inc. (3.61%) and Charles Schwab Investment Management Inc. (2.66%). Insiders that own company stock include Platinum Equity, Llc, Edward J Lehner, Michael Burbach, Mark S Silver, Stephen P Larson, Molly D Kannan, Alagu Sundarrajan and Karen Marie Leggio.
View institutional ownership trends.

How do I buy shares of Ryerson?

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.
Compare Top Brokerages Here.

What other stocks do shareholders of Ryerson own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ryerson investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Broadcom (AVGO), Netflix (NFLX) and ServiceNow (NOW).

Company Calendar

• Ex-Dividend for 9/19 Dividend: 9/05/2024
• Dividend Payable: 9/19/2024
• Last Earnings: 10/29/2024
• Today: 11/21/2024
• Ex-Dividend for 12/19 Dividend: 12/05/2024
• Dividend Payable: 12/19/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Metals service centers & offices
• Sub-Industry: Wholesale
• Current Symbol: NYSE:RYI
• CUSIP: N/A
• CIK: 1481582
• Web: www.ryerson.com
• Phone: (312) 292-5000
• Fax: N/A
• Employees: 4,600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $28.00
• High Stock Price Target: $28.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: +14.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.61
• Trailing P/E Ratio: 39.98
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $145.70 million
• Net Margins: 0.46%
• Pretax Margin: 0.66%
• Return on Equity: 2.66%
• Return on Assets: 0.90%

Debt

• Debt-to-Equity Ratio: 0.62
• Current Ratio: 2.22
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $5.11 billion
• Price / Sales: 0.15
• Cash Flow: $6.27 per share
• Price / Cash Flow: 3.89
• Book Value: $26.44 per share
• Price / Book: 0.92

Miscellaneous

• Outstanding Shares: 31,850,000
• Free Float: 30,611,000
• Market Cap: $776.82 million
• Optionable: Optionable
• Beta: 1.54