Ryerson (NYSE:RYI – Get Free Report) posted its quarterly earnings results on Thursday. The basic materials company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.48) by $0.34, Zacks reports. Ryerson had a return on equity of 2.66% and a net margin of 0.46%. Ryerson updated its Q1 2025 guidance to -0.270–0.200 EPS.
Ryerson Trading Down 0.2 %
Ryerson stock traded down $0.05 during mid-day trading on Thursday, hitting $22.94. The stock had a trading volume of 172,997 shares, compared to its average volume of 247,370. The stock has a 50-day simple moving average of $20.68 and a two-hundred day simple moving average of $21.12. The stock has a market capitalization of $730.58 million, a PE ratio of 37.60 and a beta of 1.59. Ryerson has a 12 month low of $17.18 and a 12 month high of $35.28. 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 company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 6th will be issued a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 3.27%. Ryerson’s dividend payout ratio is 122.95%.
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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