Worthington Steel (WS) to Release Earnings on Wednesday

Key Points

• Worthington Steel is projected to announce its Q1 2026 earnings on September 24th, with analysts anticipating earnings of $0.72 per share and revenue of $785.30 million.
• The company recently declared a quarterly dividend of $0.16 per share, set to be paid on September 26th, reflecting an annual yield of 1.9%.
• Following recent performance updates, brokerage firms have revised their ratings, with KeyCorp raising their target price to $36.00 and providing an "overweight" rating.

Worthington Steel (NYSE:WS - Get Free Report) is anticipated to announce its Q1 2026 results after the market closes on Wednesday, September 24th. Analysts expect Worthington Steel to post earnings of $0.72 per share and revenue of $785.30 million for the quarter. Interested persons may review the information on the company's upcoming Q1 2026 earningreport for the latest details on the call scheduled for Thursday, September 25, 2025 at 8:30 AM ET.

Worthington Steel (NYSE:WS - Get Free Report) last posted 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 firm had revenue of $832.90 million during the quarter, compared to analysts' expectations of $800.45 million. Worthington Steel had a net margin of 3.58% and a return on equity of 9.43%. The company's quarterly revenue was down 8.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.06 EPS. On average, analysts expect Worthington Steel to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Worthington Steel Stock Performance

WS traded down $0.06 during midday trading on Friday, hitting $33.58. The company had a trading volume of 1,391,185 shares, compared to its average volume of 206,683. The company has a market capitalization of $1.71 billion, a PE ratio of 15.40 and a beta of 1.89. Worthington Steel has a twelve month low of $21.30 and a twelve month high of $47.19. The firm's 50-day simple moving average is $32.00 and its 200-day simple moving average is $28.31.

Worthington Steel Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 26th. Investors of record on Friday, September 12th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.64 annualized dividend and a yield of 1.9%. Worthington Steel's dividend payout ratio (DPR) is presently 29.36%.

Hedge Funds Weigh In On Worthington Steel

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its stake in Worthington Steel by 149.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,354 shares of the company's stock valued at $70,000 after acquiring an additional 1,412 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Worthington Steel by 50.9% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,492 shares of the company's stock worth $104,000 after acquiring an additional 1,178 shares during the last quarter. Sei Investments Co. purchased a new stake in Worthington Steel in the 2nd quarter worth about $289,000. Quantinno Capital Management LP purchased a new stake in Worthington Steel in the 2nd quarter worth about $313,000. Finally, Marshall Wace LLP purchased a new stake in Worthington Steel in the 2nd quarter worth about $343,000. 45.41% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on WS. Wall Street Zen upgraded shares of Worthington Steel from a "hold" rating to a "buy" rating in a report on Saturday, July 5th. KeyCorp boosted their target price on shares of Worthington Steel from $34.00 to $36.00 and gave the company an "overweight" rating in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $36.00.

Worthington Steel Company Profile

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.