Worthington Steel, Inc. (WS)

NYSE: WS · Real-Time Price · USD
44.47
-1.12 (-2.45%)
Dec 3, 2024, 12:02 PM EST - Market open
-2.45%
Market Cap 2.26B
Revenue (ttm) 3.36B
Net Income (ttm) 124.60M
Shares Out 50.78M
EPS (ttm) 2.48
PE Ratio 17.89
Forward PE 13.64
Dividend $0.64 (1.44%)
Ex-Dividend Date Dec 13, 2024
Volume 74,433
Open 46.04
Previous Close 45.58
Day's Range 44.17 - 46.20
52-Week Range 21.46 - 47.19
Beta n/a
Analysts Buy
Price Target 40.00 (-10.04%)
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 a decrease of -10.04% from the latest price.

Price Target
$40.0
(-10.04% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

3 hours 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.

1 day 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.

22 days 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.

25 days 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.

7 weeks 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.

2 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...

2 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...

2 months ago - Seeking Alpha

Worthington Steel Reports First Quarter Fiscal 2025 Results

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

2 months 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.

2 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...

3 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 ...

5 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...

5 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...

6 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 ...

8 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...

8 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
8 months ago - Benzinga

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

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

9 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...

9 months ago - Business Wire

Worthington Steel Joint Venture, TWB Company, Signs Licensing Agreement with ArcelorMittal Tailored Blanks for Patented Ablation Technology

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that its tailor welded blanking joint venture, TWB Company, LLC (TWB), has signed a licensing agreement with Arcelor...

9 months ago - Business Wire

Worthington Steel to Webcast Discussion of Third Quarter 2024 Results on March 22

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today that it will report the results for its fiscal third quarter after the market closes on Thursday, March 21, 2024. Th...

9 months ago - Business Wire

Worthington Steel Reports Second Quarter Fiscal 2024 Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) today reported financial results for the fiscal 2024 second quarter ended November 30, 2023.

1 year ago - Business Wire

Worthington Steel to Webcast Discussion of Second Quarter 2024 Results on December 22

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel announces earnings webcast date.

1 year ago - Business Wire