Ryerson (NYSE:RYI – Get Free Report) announced its earnings results on Thursday. The basic materials company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.48) by $0.34, Zacks reports. Ryerson had a negative return on equity of 0.70% and a negative net margin of 0.19%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. Ryerson updated its Q1 2025 guidance to -0.270–0.200 EPS.
Ryerson Stock Performance
Shares of RYI stock opened at $24.24 on Friday. The stock’s fifty day moving average is $20.68 and its two-hundred day moving average is $21.13. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.06 and a current ratio of 2.22. Ryerson has a fifty-two week low of $17.18 and a fifty-two week high of $34.92.
Ryerson Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.1875 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.09%. Ryerson’s dividend payout ratio (DPR) is -288.46%.
About Ryerson
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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