Ryerson (RYI) Set to Announce Quarterly Earnings on Tuesday

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

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

Ryerson Stock Performance

Shares of RYI stock opened at $21.57 on Tuesday. Ryerson has a 12 month low of $17.57 and a 12 month high of $36.20. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.38 and a quick ratio of 1.11. The firm has a market capitalization of $716.12 million, a P/E ratio of 11.92 and a beta of 1.56. The company’s fifty day moving average price is $19.66 and its two-hundred day moving average price is $22.39.

Ryerson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Thursday, September 5th were issued a $0.188 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.75 dividend on an annualized basis and a yield of 3.49%. Ryerson’s dividend payout ratio is currently 41.44%.

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.