NYSE:WS

Worthington Steel (WS) Stock Price, News & Analysis

$32.09
+0.40 (+1.26%)
(As of 04:28 PM ET)
Today's Range
$31.78
$32.54
50-Day Range
$29.29
$36.41
52-Week Range
$21.00
$40.15
Volume
134,955 shs
Average Volume
227,712 shs
Market Capitalization
$1.62 billion
P/E Ratio
N/A
Dividend Yield
1.99%
Price Target
$40.00

Worthington Steel MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
24.5% Upside
$40.00 Price Target
Short Interest
Healthy
1.46% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.40mentions of Worthington Steel in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$370,680 Sold Last Quarter
Proj. Earnings Growth
-20.21%
From $2.92 to $2.33 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.25 out of 5 stars

Basic Materials Sector

119th out of 175 stocks

Steel Works, Blast Furnaces, & Rolling & Finishing Mills Industry

6th out of 7 stocks

WS stock logo

About Worthington Steel Stock (NYSE: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.

WS Stock Price History

WS Stock News Headlines

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Worthington Steel Declares Quarterly Dividend
Worthington Steel expands with new ablation tech
Worthington Steel Inc.
Worthington Steel, Inc. (WS)
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/13/2024
Last Earnings
3/21/2024
Dividend Payable
3/28/2024
Today
5/09/2024
Fiscal Year End
5/31/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024

Industry, Sector and Symbol

Industry
Steel works, blast furnaces, & rolling & finishing mills
Sub-Industry
N/A
Fax
N/A
Employees
4,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.00
High Stock Price Target
$40.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+26.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Market Cap
$1.60 billion
Optionable
Optionable
Beta
N/A
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Key Executives

  • Mr. Timothy A. Adams (Age 59)
    VP & CFO
    Comp: $560.56k
  • Mr. Jeffrey R. Klingler (Age 51)
    Executive VP & COO
    Comp: $1.41M
  • Mr. Geoffrey G. Gilmore (Age 52)
    CEO, President & Director
  • Mr. Bill Wertz
    VP of Transformation & Chief Information Officer
  • Ms. Melissa Dykstra
    Vice President of Corporate Communication & Investor Relations
  • Mr. Joseph Y. Heuer
    VP, General Counsel & Secretary
  • Ms. Nikki Ballinger
    Vice President of Human Resources
  • Mr. Clifford J. Larivey
    Senior Vice President of Commercial & Purchasing
  • Mr. Steven R. Witt (Age 53)
    Corporate Controller

WS Stock Analysis - Frequently Asked Questions

Should I buy or sell Worthington Steel stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Worthington Steel in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" WS shares.
View WS analyst ratings
or view top-rated stocks.

What is Worthington Steel's stock price target for 2024?

2 Wall Street analysts have issued 12 month target prices for Worthington Steel's shares. Their WS share price targets range from $40.00 to $40.00. On average, they predict the company's stock price to reach $40.00 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price.
View analysts price targets for WS
or view top-rated stocks among Wall Street analysts.

How have WS shares performed in 2024?

Worthington Steel's stock was trading at $28.10 on January 1st, 2024. Since then, WS shares have increased by 14.4% and is now trading at $32.14.
View the best growth stocks for 2024 here
.

Are investors shorting Worthington Steel?

Worthington Steel saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 470,300 shares, a decrease of 18.4% from the March 15th total of 576,500 shares. Based on an average trading volume of 248,600 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.5% of the shares of the stock are short sold.
View Worthington Steel's Short Interest
.

How were Worthington Steel's earnings last quarter?

Worthington Steel, Inc. (NYSE:WS) announced its quarterly earnings data on Thursday, March, 21st. The company reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.19. The company earned $805.80 million during the quarter, compared to analysts' expectations of $664.80 million. The company's revenue was up 3.2% on a year-over-year basis.

How often does Worthington Steel pay dividends? What is the dividend yield for Worthington Steel?

Worthington Steel declared a quarterly dividend on Friday, March 22nd. Investors of record on Friday, June 14th will be paid a dividend of $0.16 per share on Friday, June 28th. This represents a $0.64 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for WS
.

Is Worthington Steel a good dividend stock?

Worthington Steel (NYSE:WS) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.93%.
Read our dividend analysis for WS.

What ETFs hold Worthington Steel's stock?

ETFs with the largest weight of Worthington Steel (NYSE:WS) stock in their portfolio include VanEck Steel ETF (SLX), Invesco S&P SmallCap Materials ETF (PSCM) and ProShares Russell 2000 Dividend Growers ETF (SMDV).SPDR S&P Metals & Mining ETF (XME).

Who are Worthington Steel's major shareholders?

Worthington Steel's stock is owned by many different institutional and retail investors. Top institutional shareholders include ProShare Advisors LLC (0.49%), Allspring Global Investments Holdings LLC (0.48%), Principal Financial Group Inc. (0.31%), Financial Counselors Inc. (0.17%), Smithfield Trust Co (0.15%) and New York State Teachers Retirement System (0.12%). 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.
Compare Top Brokerages Here.

This page (NYSE:WS) was last updated on 5/9/2024 by MarketBeat.com Staff

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