Ryerson (RYI) Scheduled to Post Earnings on Tuesday

Ryerson (NYSE:RYI) is scheduled to release its earnings data after the market closes on Tuesday, October 29th. Ryerson has set its Q3 2024 guidance at 0.010-0.100 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Ryerson (NYSE:RYI) last released its quarterly earnings data on Tuesday, July 30th. The basic materials company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.13. The company had revenue of $1.23 billion during the quarter. Ryerson had a net margin of 1.31% and a return on equity of 7.27%. During the same period in the previous year, the company earned $1.06 EPS.

Ryerson Stock Performance

NYSE:RYI opened at $21.65 on Friday. Ryerson has a twelve month low of $17.57 and a twelve month high of $36.20. The firm has a market capitalization of $743.37 million, a price-to-earnings ratio of 8.39 and a beta of 1.56. The company has a current ratio of 2.38, a quick ratio of 1.11 and a debt-to-equity ratio of 0.59. The firm’s fifty day simple moving average is $19.89 and its 200 day simple moving average is $22.20.

Ryerson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Stockholders of record on Thursday, September 5th were given a $0.188 dividend. This represents a $0.75 annualized dividend and a dividend yield of 3.47%. The ex-dividend date of this dividend was Thursday, September 5th. Ryerson’s payout ratio is 29.07%.

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.