What is KeyCorp’s Estimate for Ryerson FY2025 Earnings?

Ryerson Holding Co. (NYSE:RYI) – Equities researchers at KeyCorp issued their FY2025 earnings estimates for shares of Ryerson in a report issued on Tuesday, January 21st. KeyCorp analyst P. Gibbs anticipates that the basic materials company will post earnings of $1.20 per share for the year.

Ryerson Stock Up 5.7 %

Shares of RYI stock opened at $21.70 on Thursday. The stock has a market cap of $691.02 million, a P/E ratio of 35.57 and a beta of 1.59. Ryerson has a 52 week low of $17.18 and a 52 week high of $36.15. The company has a quick ratio of 1.06, a current ratio of 2.22 and a debt-to-equity ratio of 0.62. The company’s fifty day simple moving average is $21.58 and its two-hundred day simple moving average is $21.15.

Ryerson (NYSE:RYI) last announced its quarterly earnings results on Tuesday, October 29th. The basic materials company reported ($0.20) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.26). The company had revenue of $1.13 billion during the quarter. Ryerson had a return on equity of 2.66% and a net margin of 0.46%. During the same quarter in the prior year, the firm posted $1.00 EPS.

Ryerson Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th were issued a $0.1875 dividend. The ex-dividend date was Thursday, December 5th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.46%. Ryerson’s dividend payout ratio (DPR) is presently 122.95%.

Insider Transactions at Ryerson

In other news, EVP Mark S. Silver sold 9,000 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $24.56, for a total value of $221,040.00. Following the sale, the executive vice president now directly owns 107,664 shares in the company, valued at $2,644,227.84. The trade was a 7.71 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 3.88% of the company’s stock.

Institutional Trading of Ryerson

A number of large investors have recently made changes to their positions in the business. Hantz Financial Services Inc. increased its holdings in shares of Ryerson by 9.4% in the 4th quarter. Hantz Financial Services Inc. now owns 30,067 shares of the basic materials company’s stock worth $557,000 after buying an additional 2,590 shares during the last quarter. Mutual Advisors LLC grew its holdings in Ryerson by 5.0% during the 4th quarter. Mutual Advisors LLC now owns 44,865 shares of the basic materials company’s stock valued at $830,000 after purchasing an additional 2,140 shares during the last quarter. Barclays PLC grew its holdings in Ryerson by 167.0% during the 3rd quarter. Barclays PLC now owns 55,330 shares of the basic materials company’s stock valued at $1,101,000 after purchasing an additional 34,604 shares during the last quarter. Public Employees Retirement System of Ohio grew its holdings in Ryerson by 41.5% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 43,517 shares of the basic materials company’s stock valued at $866,000 after purchasing an additional 12,768 shares during the last quarter. Finally, State Street Corp grew its holdings in Ryerson by 3.2% during the 3rd quarter. State Street Corp now owns 1,411,397 shares of the basic materials company’s stock valued at $28,101,000 after purchasing an additional 43,780 shares during the last quarter. 94.81% of the stock is currently owned by institutional investors.

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.