Worthington Steel, Inc. (WS)
Market Cap | 1.44B |
Revenue (ttm) | 3.29B |
Net Income (ttm) | 143.40M |
Shares Out | 50.75M |
EPS (ttm) | 2.85 |
PE Ratio | 9.97 |
Forward PE | 10.05 |
Dividend | $0.64 (2.25%) |
Ex-Dividend Date | Mar 14, 2025 |
Volume | 264,724 |
Open | 29.34 |
Previous Close | 28.91 |
Day's Range | 28.37 - 29.49 |
52-Week Range | 27.33 - 47.19 |
Beta | n/a |
Analysts | Buy |
Price Target | 40.00 (+40.9%) |
Earnings Date | Mar 19, 2025 |
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]
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 StatementsAnalyst 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 40.90% from the latest price.
News
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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.
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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...
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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 ...
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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...
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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...
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Worthington Steel Reports First Quarter Fiscal 2025 Results
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel Reports First Quarter Fiscal 2025 Results.
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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...
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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 ...
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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...
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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...
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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 ...
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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...
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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%.
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Worthington Steel, Inc. (WS) Q3 2024 Earnings Call Transcript
Worthington Steel, Inc. (WS) Q3 2024 Earnings Call Transcript
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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...