Worthington Steel, Inc. (WS)

NYSE: WS · Real-Time Price · USD
30.33
+0.14 (0.46%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.46%
Market Cap 1.54B
Revenue (ttm) 3.29B
Net Income (ttm) 143.40M
Shares Out 50.75M
EPS (ttm) 2.85
PE Ratio 10.65
Forward PE 9.78
Dividend $0.64 (2.11%)
Ex-Dividend Date Dec 13, 2024
Volume 134,509
Open 30.62
Previous Close 30.19
Day's Range 29.94 - 30.91
52-Week Range 27.28 - 47.19
Beta n/a
Analysts Buy
Price Target 40.00 (+31.88%)
Earnings Date Dec 18, 2024

About WS

Worthington Steel, Inc. operates as a steel processor in North America. The company offers carbon flat-rolled steel and tailor welded blanks, as well as automotive and electrical steel lamination stampings; and aluminum tailor welded blanks. It serves various end-markets, including automotive, construction, machinery and equipment, heavy truck, agriculture, and energy. The company was incorporated in 2023 and is headquartered in Columbus, Ohio. [Read more]

Industry Steel
Sector Materials
Founded 1955
Employees 4,600
Stock Exchange NYSE
Ticker Symbol WS
Full Company Profile

Financial Performance

In 2024, Worthington Steel's revenue was $3.43 billion, a decrease of -4.91% compared to the previous year's $3.61 billion. Earnings were $154.70 million, an increase of 77.61%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for WS stock is "Buy." The 12-month stock price forecast is $40.0, which is an increase of 31.88% from the latest price.

Price Target
$40.0
(31.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Worthington Steel's Tempel Steel Earns Mahle's 2024 Best Supplier of the Year Award

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) is proud to announce that its Tempel Steel subsidiary, has earned Mahle's 2024 Best Supplier of the Year award.

5 days ago - Business Wire

The Plunge In Worthington Steel Represents A Buying Opportunity

Despite a recent 14.4% plunge, I maintain a 'buy' rating on Worthington Steel due to its attractive long-term outlook and strategic growth initiatives. The company reported disappointing Q2 2025 resul...

4 weeks ago - Seeking Alpha

Worthington Steel, Inc. (WS) Q2 2025 Earnings Call Transcript

Worthington Steel, Inc. (NYSE:WS) Q2 2025 Earnings Conference Call December 19, 2024 8:30 AM ET Company Participants Melissa Dykstra - Vice President, Corporate Communications and Investor Relations ...

4 weeks ago - Seeking Alpha

Worthington Steel Reports Second Quarter Fiscal 2025 Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), today reported financial results for the fiscal 2025 second quarter ended November 30, 2024.

4 weeks ago - Business Wire

Worthington Steel Announces Appointment of Scott Kelly to Board of Directors

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today the appointment of Scott Kelly to its Board of Directors, effective immediately.

4 weeks ago - Business Wire

Worthington Steel Declares Quarterly Dividend

COLUMBUS, Ohio--(BUSINESS WIRE)--The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share.

4 weeks ago - Business Wire

Computerworld Names Worthington Steel to 2025 List of Best Places to Work in IT

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) announced it has been named to Foundry's Computerworld 2025 Best Places to Work in IT.

5 weeks ago - Business Wire

Worthington Steel to Acquire Controlling Equity Stake in Italy-Based Sitem Group

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel will acquire an approximately 52% stake in Sitem Group with the option to increase ownership in the future.

6 weeks ago - Business Wire

Worthington Steel to Webcast Discussion of Second Quarter 2025 Results on December 19

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel will host a conference call to discuss its fiscal second quarter results at 8:30 a.m. ET on Thursday, Dec. 19, 2024.

7 weeks ago - Business Wire

Worthington Steel Earns 2025 Military Friendly® Employer Designation

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) announced today that it has earned the 2025 Military Friendly® Employer designation by VIQTORY.

2 months ago - Business Wire

Worthington Steel Names President of Flat-Roll Steel Processing

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel announced Cliff Larivey, sr. vice president of commercial & purchasing, has been named president of Flat-Roll Steel Processing.

2 months ago - Business Wire

Worthington Steel Releases 2024 Corporate Citizenship and Sustainability Report

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today the release of its 2024 Corporate Citizenship and Sustainability Report.

3 months ago - Business Wire

Worthington Steel Announces Dividend Reinvestment Plan

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) has implemented a Dividend Reinvestment Plan, which went into effect Sept. 13, 2024.

4 months ago - Business Wire

Worthington Steel, Inc. (WS) Q1 2025 Earnings Call Transcript

Worthington Steel, Inc. (NYSE:WS) Q1 2025 Earnings Conference Call September 26, 2024 8:30 AM ET Company Participants Melissa Dykstra - VP of Corporate Communications and IR Geoffrey Gilmore - Presid...

4 months ago - Seeking Alpha

Worthington Steel: Shares Fall Despite Exceeding Q1 Estimates

Worthington Steel shares dropped 6.5% despite exceeding financial forecasts due to weak industry conditions and cautious market sentiment. The company, recently split from Worthington Enterprises, has...

4 months ago - Seeking Alpha

Worthington Steel Reports First Quarter Fiscal 2025 Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel Reports First Quarter Fiscal 2025 Results.

4 months ago - Business Wire

Worthington Steel to Webcast Discussion of First Quarter 2025 Results on September 26

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it will report the results for its fiscal first quarter after the market closes on Wednesday, Sept. 25, 2024. T...

4 months ago - Business Wire

Worthington Steel, Inc. (WS) Q4 2024 Earnings Call Transcript

Worthington Steel, Inc. (NYSE:WS) Q4 2024 Earnings Call Transcript June 27, 2024 8:30 AM ET Company Participants Melissa Dykstra - VP of Corporate Communications and IR Geoff Gilmore - President and ...

7 months ago - Seeking Alpha

Worthington Steel Reports Fourth Quarter and Full Year Fiscal 2024 Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added steel processing company, today reported financial results for the fiscal 2024 fourth quarter and ful...

7 months ago - Business Wire

Worthington Steel to Webcast Discussion of Fourth Quarter 2024 Results on June 27

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it will report the results for its fiscal fourth quarter after the market closes on Wednesday, June 26, 2024. T...

8 months ago - Business Wire

Worthington Steel Named a 2023 Supplier of the Year by General Motors

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today announced that it was named a GM Supplier of the Year winner in General Motors' 32nd annual Supplier of the Year awards. This ...

9 months ago - Business Wire

Worthington Steel Earns Recognition as a John Deere “Partner-level Supplier” for the 12th Consecutive Year

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today announced it has earned recognition as a Partner-level supplier for 2023 in the John Deere Achieving Excellence Program, marki...

9 months ago - Business Wire

This Analyst With 86% Accuracy Rate Sees More Than 62% Upside In Riot Platforms - Here Are 5 Stock Picks For March From Wall Street's Most Accurate Analysts

U.S. stocks closed mixed on Thursday, but recorded gains last month. For March, the S&P 500 gained 3.1%, while the Dow added 2.1%.

Other symbols: RIOTLEGLNZARH
10 months ago - Benzinga

Worthington Steel, Inc. (WS) Q3 2024 Earnings Call Transcript

Worthington Steel, Inc. (WS) Q3 2024 Earnings Call Transcript

10 months ago - Seeking Alpha

Worthington Steel Reports Third Quarter Fiscal 2024 Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today reported financial results for the fiscal 2024 third quarter ended February 29, 2024. The Company reported net sales of $805.8...

10 months ago - Business Wire