Ryerson (NYSE:RYZ – Get Free Report) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.370-0.400 for the period, compared to the consensus EPS estimate of 0.500. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $354.0 million.
Ryerson Stock Performance
NYSE RYZ traded down $2.30 on Wednesday, hitting $28.73. 388,754 shares of the stock traded hands, compared to its average volume of 468,113. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.21 and a quick ratio of 1.03. The company has a market cap of $1.49 billion, a price-to-earnings ratio of -19.41 and a beta of 1.67. Ryerson has a 12 month low of $19.34 and a 12 month high of $32.00. The stock’s fifty day simple moving average is $27.68.
Ryerson (NYSE:RYZ – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.12. The business had revenue of $2.01 billion for the quarter. Ryerson had a negative return on equity of 3.43% and a negative net margin of 0.93%.Ryerson has set its Q3 2026 guidance at 0.370-0.400 EPS. Analysts expect that Ryerson will post 1.1 EPS for the current fiscal year.
Ryerson Announces Dividend
Wall Street Analysts Forecast Growth
RYZ has been the subject of a number of recent research reports. Zacks Research lowered shares of Ryerson from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 24th. Wall Street Zen lowered Ryerson from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Ryerson in a research report on Thursday, June 18th. One analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on Ryerson
Insider Buying and Selling
In other Ryerson news, EVP Mark S. Silver sold 11,174 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $27.91, for a total value of $311,866.34. Following the sale, the executive vice president directly owned 120,181 shares in the company, valued at $3,354,251.71. This represents a 8.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Molly D. Kannan sold 1,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $30.00, for a total transaction of $30,000.00. Following the completion of the sale, the chief accounting officer owned 24,636 shares in the company, valued at $739,080. This represents a 3.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 17,674 shares of company stock worth $492,576 in the last ninety days. 6.58% of the stock is currently owned by insiders.
Ryerson Company Profile
Ryerson (NYSE: RYZ) is a U.S.-based metals distributor and processor that supplies a broad range of metal products and value-added services to industrial customers. Its product mix typically includes carbon steel, stainless steel, aluminum and specialty alloys in forms such as sheets, plate, bar, tubing and structural shapes. The company focuses on meeting the material needs of manufacturers, fabricators and other industrial end markets.
Beyond distribution, Ryerson offers processing and finishing services designed to prepare metal for downstream manufacturing.
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