Worthington Steel (WS) Stock Price, News & Analysis

Company Overview

Worthington Steel, Inc. (NYSE: WS) is a leading processor and distributor of flat-rolled carbon, alloy and stainless steel products. The company specializes in precision processing of steel plate, coiled and slit steel coil, and titanium materials, serving customers across a range of industries including oil and gas, defense, infrastructure and machinery manufacturing. Through its two operating segments—Processing and Distribution—Worthington Steel offers a broad suite of value-added services such as cut-to-length, shot blasting, beveling, and flame cutting, enabling customers to streamline production and reduce waste.

Founded in 1955 and headquartered in Columbus, Ohio, Worthington Steel has grown from a regional steel service center to a national supplier with more than 30 processing and distribution facilities across the United States and Canada. The company’s expansive footprint includes strategically located plants in key industrial regions, allowing for rapid order fulfillment and customized inventory management. By maintaining a diverse product portfolio—ranging from heavy plate to thin gauge coils—Worthington Steel is able to support both large-scale project requirements and just-in-time delivery programs.

Over its history, Worthington Steel has built a reputation for quality and reliability, earning certifications such as ISO 9001 and AS9100D to meet stringent aerospace and defense standards. The firm’s commitment to operational excellence is reinforced by investments in advanced equipment and automation technologies that enhance throughput and consistency. In addition, a strong emphasis on safety and environmental stewardship guides plant operations and continuous improvement initiatives.

Leadership at Worthington Steel is spearheaded by President and Chief Executive Officer Stephen J. Wood, whose tenure has focused on strategic growth, margin expansion and capital allocation discipline. Supported by a seasoned executive team and board of directors with deep experience in steel and manufacturing, the company remains committed to delivering tailored solutions, building long-term customer partnerships and driving shareholder value through disciplined operational management.

Key Stats

• Today's Range: $32.10 to $32.94
• 50-Day Range: $24.55 to $32.90
• 52-Week Range: $21.30 to $47.19
• Volume: 253,430 shs
• Average Volume: 259,187 shs
• Market Capitalization: $1.67 billion
• P/E Ratio: 15.09
• Dividend Yield: 1.95%
• Price Target: $34.00
• Consensus Rating: Buy

Worthington Steel Stock Analysis - MarketRank™

Worthington Steel scored higher than 59% of companies evaluated by MarketBeat, and ranked 86th out of 186 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: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Worthington Steel has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Worthington Steel has received no research coverage 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 15.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Worthington Steel is 15.09, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 92.75.

Price to Book Value per Share Ratio

Worthington Steel has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.83% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Worthington Steel has recently increased by 93.14%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Worthington Steel pays a meaningful dividend of 1.96%, 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

0.83% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Worthington Steel has recently increased by 93.14%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.59

News Sentiment

Worthington Steel has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

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

Search Interest

3 people have searched for WS on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Worthington Steel to their MarketBeat watchlist in the last 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 2.20% 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 stock has increased by 3.4% and is now trading at $32.8950.

How were Worthington Steel's earnings last quarter?

Worthington Steel, Inc. (NYSE:WS) issued its quarterly earnings data on Wednesday, June, 25th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.22. The business's revenue was down 8.6% on a year-over-year basis.
Read the conference call transcript.

Who are Worthington Steel's major shareholders?

Worthington Steel's top institutional investors include Wedge Capital Management L L P NC (0.10%) and Harbor Capital Advisors Inc. (0.02%). 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 6/27 Dividend: 6/13/2025
• Ex-Dividend for 6/27 Dividend: 6/13/2025
• Last Earnings: 6/25/2025
• Dividend Payable: 6/27/2025
• Today: 7/12/2025
• Next Earnings (Estimated): 9/24/2025
• 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: 4,600
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Worthington Steel: $34.00
• High Price Target: $34.00
• Low Price Target: $34.00
• Potential Upside/Downside: +3.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.18
• Trailing P/E Ratio: 15.09
• Forward P/E Ratio: 14.56
• P/E Growth: N/A
• Net Income: $110.70 million
• Net Margins: 3.58%
• Pretax Margin: 4.79%
• Return on Equity: 9.43%
• Return on Assets: 5.95%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.66
• Quick Ratio: 0.99

Sales & Book Value

• Annual Sales: $3.09 billion
• Price / Sales: 0.54
• Cash Flow: $3.48 per share
• Price / Cash Flow: 9.44
• Book Value: $23.61 per share
• Price / Book: 1.39

Miscellaneous

• Outstanding Shares: 50,740,000
• Free Float: 49,625,000
• Market Cap: $1.67 billion
• Optionable: Optionable
• Beta: 1.87