Seaport Res Ptn Issues Optimistic Forecast for WOR Earnings

Worthington Enterprises, Inc. (NYSE:WOR - Free Report) - Stock analysts at Seaport Res Ptn boosted their Q1 2026 earnings estimates for Worthington Enterprises in a research report issued to clients and investors on Thursday, June 26th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will post earnings of $0.80 per share for the quarter, up from their previous estimate of $0.50. The consensus estimate for Worthington Enterprises' current full-year earnings is $2.67 per share. Seaport Res Ptn also issued estimates for Worthington Enterprises' Q2 2026 earnings at $0.71 EPS, Q3 2026 earnings at $1.01 EPS and FY2026 earnings at $3.65 EPS.

Several other research firms have also recently commented on WOR. Canaccord Genuity Group increased their price objective on Worthington Enterprises from $69.00 to $81.00 and gave the company a "buy" rating in a research report on Thursday, June 26th. The Goldman Sachs Group upped their target price on shares of Worthington Enterprises from $44.00 to $50.00 and gave the company a "sell" rating in a research note on Thursday, June 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $59.00.

Worthington Enterprises Stock Down 0.6%

Shares of Worthington Enterprises stock traded down $0.40 on Monday, reaching $65.35. The company's stock had a trading volume of 151,455 shares, compared to its average volume of 299,767. Worthington Enterprises has a 52 week low of $37.88 and a 52 week high of $70.91. The firm's fifty day simple moving average is $58.47 and its two-hundred day simple moving average is $48.30. The company has a quick ratio of 2.62, a current ratio of 3.48 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 34.21 and a beta of 1.19.

Worthington Enterprises (NYSE:WOR - Get Free Report) last announced its quarterly earnings data on Tuesday, June 24th. The industrial products company reported $1.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.22. The company had revenue of $317.88 million during the quarter, compared to analyst estimates of $300.96 million. Worthington Enterprises had a net margin of 8.33% and a return on equity of 16.66%. The firm's revenue for the quarter was down .3% on a year-over-year basis. During the same period in the previous year, the business earned $0.74 EPS.

Worthington Enterprises Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.16%. This is a boost from Worthington Enterprises's previous quarterly dividend of $0.17. Worthington Enterprises's dividend payout ratio is presently 57.63%.

Institutional Trading of Worthington Enterprises

Several large investors have recently modified their holdings of the company. American Century Companies Inc. lifted its holdings in Worthington Enterprises by 24.1% in the first quarter. American Century Companies Inc. now owns 821,947 shares of the industrial products company's stock valued at $41,171,000 after acquiring an additional 159,798 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Worthington Enterprises by 1.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 540,040 shares of the industrial products company's stock worth $27,051,000 after purchasing an additional 6,764 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Worthington Enterprises by 3.6% in the 4th quarter. Bank of New York Mellon Corp now owns 414,546 shares of the industrial products company's stock worth $16,627,000 after purchasing an additional 14,328 shares during the period. Northern Trust Corp lifted its position in Worthington Enterprises by 7.4% during the fourth quarter. Northern Trust Corp now owns 380,851 shares of the industrial products company's stock valued at $15,276,000 after purchasing an additional 26,178 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in Worthington Enterprises by 54.9% during the first quarter. Millennium Management LLC now owns 352,486 shares of the industrial products company's stock valued at $17,656,000 after purchasing an additional 124,867 shares during the period. Institutional investors own 51.59% of the company's stock.

Worthington Enterprises Company Profile

Worthington Enterprises, Inc operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors.