Worthington Steel (WS) Stock Price, News & Analysis

Company Overview

Worthington Steel (NYSE: WS) is a leading North American steel processor specializing in the production of flat-rolled, coated and painted sheet and coil products. Operating as a wholly owned subsidiary of Worthington Industries, the company serves a broad range of industries, including construction, automotive, appliance, energy and agricultural equipment. Its core business activities encompass the processing, finishing and distribution of carbon and advanced high-strength steels, aluminum and stainless products to manufacturers across the continent.

The company’s product portfolio includes hot-dip galvanizing, galvannealed, aluminized and pre-painted steel products, as well as cold-rolled and hot-rolled coil. Through continuous annealing and temper mill capabilities, Worthington Steel enhances material properties such as strength, surface quality and formability, addressing the stringent specifications of modern end-use applications. In addition to steel processing, the company provides slitting, cut-to-length, leveling and shearing services to meet customized coil dimensions and tolerances, supporting just-in-time manufacturing requirements.

Founded in 1958 and headquartered in Columbus, Ohio, Worthington Steel has grown through strategic acquisitions and investments in processing technology. The company operates multiple facilities across the United States and Mexico, ensuring efficient supply chains and proximity to key customers. Its manufacturing footprint includes galvanizing lines in the Midwest and South, as well as coil service centers that offer rapid distribution and inventory management support. By integrating advanced process controls and digital quality inspections, Worthington Steel maintains consistent product performance and delivery reliability.

Focused on sustainable manufacturing, Worthington Steel pursues energy-efficient operations and recycling initiatives, reclaiming steel scrap in its processing lines. The company’s commitment to safety and environmental stewardship has earned it industry certifications and recognition from major OEMs. As part of Worthington Industries, Worthington Steel benefits from an experienced leadership team and a culture of operational excellence, positioning it to adapt to evolving market demands and technological advancements in steel processing.

Key Stats

• Today's Range: $29.20 to $30.79
• 50-Day Range: $29.16 to $34.02
• 52-Week Range: $21.30 to $47.19
• Volume: 197,258 shs
• Average Volume: 367,614 shs
• Market Capitalization: $1.49 billion
• P/E Ratio: 13.40
• Dividend Yield: 2.19%
• Price Target: $36.00
• Consensus Rating: Moderate Buy

Worthington Steel Stock Analysis - MarketRank™

Worthington Steel scored higher than 76% of companies evaluated by MarketBeat, and ranked 59th out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Worthington Steel has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

Worthington Steel has a consensus price target of $36.00, representing about 23.2% upside from its current price of $29.21.

Amount of Analyst Coverage

Worthington Steel has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 50.44%

Earnings Growth

Earnings for Worthington Steel are expected to grow by 50.44% in the coming year, from $2.26 to $3.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Worthington Steel is 13.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 231.63.

Price to Earnings Ratio vs. Sector

The P/E ratio of Worthington Steel is 13.40, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 156.95.

Price to Book Value per Share Ratio

Worthington Steel has a P/B Ratio of 1.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.47% of the float of Worthington Steel has been sold short.

Short Interest Ratio / Days to Cover

Worthington Steel has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Worthington Steel has recently increased by 13.40%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Worthington Steel pays a meaningful dividend of 2.19%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Worthington Steel does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Worthington Steel is 29.36%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Worthington Steel will have a dividend payout ratio of 18.82% next year. This indicates that Worthington Steel will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.47% of the float of Worthington Steel has been sold short.

Short Interest Ratio / Days to Cover

Worthington Steel has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Worthington Steel has recently increased by 13.40%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.91

News Sentiment

Worthington Steel has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Worthington Steel this week, compared to 4 articles on an average week.

Search Interest

Only 4 people have searched for WS on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

MarketBeat Follows

3 people have added Worthington Steel to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Worthington Steel insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.60% of the stock of Worthington Steel is held by insiders.

Percentage Held by Institutions

45.41% of the stock of Worthington Steel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WS Stock Analysis - Frequently Asked Questions

How have WS shares performed this year?

Worthington Steel's stock was trading at $31.82 on January 1st, 2025. Since then, WS shares have decreased by 8.2% and is now trading at $29.21.

How were Worthington Steel's earnings last quarter?

Worthington Steel, Inc. (NYSE:WS) posted its quarterly earnings data on Wednesday, September, 24th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.05. The firm's quarterly revenue was up 4.7% compared to the same quarter last year.
Read the conference call transcript.

Who are Worthington Steel's major shareholders?

Top institutional shareholders of Worthington Steel include Wedge Capital Management L L P NC (0.09%). Insiders that own company stock include Carl A Nelson Jr and Charles M Chiappone.
View institutional ownership trends.

How do I buy shares of Worthington Steel?

Shares of WS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Worthington Steel own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Worthington Steel investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX) and Visa (V).

Company Calendar

• Record date for 9/26 Dividend: 9/12/2025
• Ex-Dividend for 9/26 Dividend: 9/12/2025
• Last Earnings: 9/24/2025
• Dividend Payable: 9/26/2025
• Today: 10/12/2025
• Next Earnings (Estimated): 12/17/2025
• Fiscal Year End: 5/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: STEEL - SPECIALTY
• Sub-Industry: Steel Works
• Current Symbol: NYSE:WS
• Previous Symbol: NYSE:WS
• CIK: 1968487
• Web: www.worthingtonsteel.com
• Phone: 614-438-3210
• Fax: N/A
• Employees: 4,800
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Worthington Steel: $36.00
• High Price Target: $36.00
• Low Price Target: $36.00
• Potential Upside/Downside: +23.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.18
• Trailing P/E Ratio: 13.40
• Forward P/E Ratio: 12.92
• P/E Growth: N/A
• Net Income: $110.70 million
• Net Margins: 3.80%
• Pretax Margin: 5.23%
• Return on Equity: 10.11%
• Return on Assets: 6.16%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 1.66
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $3.09 billion
• Price / Sales: 0.48
• Cash Flow: $3.45 per share
• Price / Cash Flow: 8.46
• Book Value: $24.24 per share
• Price / Book: 1.21

Miscellaneous

• Outstanding Shares: 50,870,000
• Free Float: 49,548,000
• Market Cap: $1.49 billion
• Optionable: Optionable
• Beta: 1.76