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Ryerson Holdings ( (RYZ) ) has issued an update.
On May 6, 2026, Ryerson Holding Corporation reported first-quarter 2026 results showing a sharp rebound in activity after its February 13 merger with Olympic Steel, with revenue rising 37.9% year over year to $1.57 billion as tons shipped increased 31.2% and average selling prices climbed 5.2%. On a same-store basis excluding Olympic Steel, revenue reached $1.29 billion, with higher volumes and prices driving market-share gains, while gross margin expanded to 18.4% and adjusted EBITDA excluding LIFO more than doubled from a year earlier to $67.4 million.
The company turned to a net profit of $4.5 million, or $0.10 per share, versus losses in the prior-year and prior-quarter periods, even as total debt and net debt nearly doubled to about $908 million and $883 million, respectively, reflecting the assumption and payoff of Olympic Steel debt, merger-related costs and seasonal working capital needs. During the quarter Ryerson returned capital to shareholders via $9.7 million in dividends and $1.6 million in share repurchases, and its board on May 6, 2026 declared a second-quarter cash dividend of $0.1875 per share payable June 18, 2026 to stockholders of record on June 4, signaling confidence in the combined company’s cash generation despite a more leveraged balance sheet.
The most recent analyst rating on (RYZ) stock is a Hold with a $31.00 price target. To see the full list of analyst forecasts on Ryerson Holdings stock, see the RYZ Stock Forecast page.
Spark’s Take on RYZ Stock
According to Spark, TipRanks’ AI Analyst, RYZ is a Neutral.
The score is held back primarily by weakened financial performance (recent losses and higher leverage), partially offset by a more encouraging near-term outlook from the latest earnings call (Q1 profitability guidance and sizable synergy plan). Technicals are mildly supportive (price above key moving averages) but momentum is mixed, and valuation is constrained by negative earnings despite a moderate dividend yield.
To see Spark’s full report on RYZ stock, click here.
More about Ryerson Holdings
Ryerson Holding Corporation is a leading value-added processor and distributor of industrial metals, supplying carbon, stainless and alloy steels and other metal products to industrial customers. The company expanded its scale and market reach with the February 13, 2026 merger with Olympic Steel, strengthening its position in the North American metals service center sector.
Ryerson also sponsors the Ryerson Pension Plan and, through its wholly owned subsidiary Central Steel and Wire Company, the Central Steel & Wire Company Retirement Plan, underscoring its role as a long-standing employer in the industrial metals industry. Its operations focus on service center fundamentals, including pricing discipline, inventory management and efficient cash conversion to support profitability and shareholder returns.
Average Trading Volume: 537,901
Technical Sentiment Signal: Strong Buy
Current Market Cap: $835.4M
Find detailed analytics on RYZ stock on TipRanks’ Stock Analysis page.