Worthington Steel, Inc. (WS)

NYSE: WS · IEX Real-Time Price · USD
30.18
-0.61 (-1.98%)
May 1, 2024, 4:00 PM EDT - Market closed
-1.98%
Market Cap 1.52B
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 50.38M
EPS (ttm) n/a
PE Ratio n/a
Forward PE 14.65
Dividend $0.64 (2.12%)
Ex-Dividend Date Jun 14, 2024
Volume 157,212
Open 30.62
Previous Close 30.79
Day's Range 29.57 - 31.15
52-Week Range 21.00 - 40.15
Beta n/a
Analysts Buy
Price Target 40.00 (+32.54%)
Earnings Date May 9, 2024

About WS

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

Industry Steel
Sector Materials
Founded 1955
Employees 4,500
Stock Exchange NYSE
Ticker Symbol WS
Full Company Profile

Financial Performance

In 2023, WS's revenue was $3.61 billion, a decrease of -11.34% compared to the previous year's $4.07 billion. Earnings were $87.06 million, a decrease of -51.74%.

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 32.54% from the latest price.

Price Target
$40.0
(32.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 days 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...

15 days 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
4 weeks ago - Benzinga

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...

5 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. The dividend is payable on June 28, 2024, to ...

5 weeks 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...

7 weeks 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...

2 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.

4 months 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.

5 months ago - Business Wire