NYSE:WOR Worthington Industries (WOR) Stock Forecast, Price & News $61.00 -0.67 (-1.09%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$60.51▼$61.5650-Day Range$55.21▼$64.7652-Week Range$38.01▼$65.17Volume121,324 shsAverage Volume113,606 shsMarket Capitalization$3.04 billionP/E Ratio14.59Dividend Yield2.03%Price Target$60.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Worthington Industries MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside1.6% Downside$60.00 Price TargetShort InterestBearish3.38% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-3.16Upright™ Environmental ScoreNews Sentiment0.43Based on 2 Articles This WeekInsider TradingSelling Shares$1.61 M Sold Last QuarterProj. Earnings Growth-10.34%From $4.93 to $4.42 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.74 out of 5 starsIndustrial Products Sector138th out of 179 stocksSteel Works, Blast Furnaces, & Rolling & Finishing Mills Industry4th out of 6 stocks 1.0 Analyst's Opinion Consensus RatingWorthington Industries has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.00, Worthington Industries has a forecasted downside of 1.6% from its current price of $61.01.Amount of Analyst CoverageWorthington Industries has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.38% of the float of Worthington Industries has been sold short.Short Interest Ratio / Days to CoverWorthington Industries has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in Worthington Industries has recently increased by 0.98%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldWorthington Industries pays a meaningful dividend of 2.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWorthington Industries has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Worthington Industries is 29.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Worthington Industries will have a dividend payout ratio of 28.05% next year. This indicates that Worthington Industries will be able to sustain or increase its dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWorthington Industries has received a -46.45% net impact score from Upright. The largest negative impact of Worthington Industries in category "GHG emissions" seems to be driven mostly by its "Carbon steel products", "Stainless steel products", and "Cylinders" products. See details.Environmental SustainabilityThe Environmental Impact score for Worthington Industries is -3.16. Previous Next 1.4 News and Social Media Coverage News SentimentWorthington Industries has a news sentiment score of 0.43. 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 lower news sentiment than the 0.81 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Worthington Industries this week, compared to 6 articles on an average week.Search InterestOnly 1 people have searched for WOR on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Worthington Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Worthington Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,606,840.00 in company stock.Percentage Held by Insiders39.20% of the stock of Worthington Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions45.30% of the stock of Worthington Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Worthington Industries are expected to decrease by -10.34% in the coming year, from $4.93 to $4.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Worthington Industries is 14.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Worthington Industries is 14.59, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.03.Price to Book Value per Share RatioWorthington Industries has a P/B Ratio of 1.90. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Worthington Industries (NYSE:WOR) StockWorthington Industries, Inc. engages in processing of value-added steel and manufacturing of metal products. It operates through the following segments: Steel Processing and Pressure Cylinders. The Steel Processing segment consists of Worthington Steel business unit and consolidated joint ventures, which operates steel business and its prices. The Pressure Cylinders segment consists of the Worthington Cylinders business unit, which manufactures and sells filled and unfilled pressure cylinders, tanks, hand torches, well water and expansion tanks, and oil & gas equipment along with accessories and related products for diversified end-use market applications. The company was founded by John H. McConnell in 1955 and is headquartered in Columbus, OH.Read More Receive WOR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Worthington Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address WOR Stock News HeadlinesJune 8, 2023 | finance.yahoo.comThe Returns On Capital At Worthington Industries (NYSE:WOR) Don't Inspire ConfidenceJune 5, 2023 | finance.yahoo.comWorthington Industries to Webcast Discussion of Fourth Quarter 2023 Results on June 29June 10, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...June 1, 2023 | bizjournals.comDietrich Foundation to endow dean position at Duquesne University osteopathic medical schoolMay 30, 2023 | finance.yahoo.comShould Value Investors Buy Worthington Industries (WOR) Stock?May 30, 2023 | finance.yahoo.comLindsay (LNN) Announces Partnership With Pessl InstrumentsMay 26, 2023 | finance.yahoo.comFactors That Make O-I Glass (OI) a Lucrative Bet NowMay 25, 2023 | finance.yahoo.comReasons to Add AptarGroup (ATR) Stock to Your PortfolioJune 10, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 24, 2023 | finance.yahoo.comAmcor (AMCR) Down 16% in Six Months: Is a Revival Likely?May 19, 2023 | americanbankingnews.comWorthington Industries (NYSE:WOR) Now Covered by Analysts at StockNews.comMay 17, 2023 | marketwatch.comPortable Cryogenic Dewar Market: Recent Industry Trends and DevelopmentsMay 17, 2023 | marketwatch.com2023-2030 Cold Rolled Steel Market: Highlights with Growth RateMay 16, 2023 | marketwatch.com2023-2029 LPG Storage Cylinder Market Share, Trends and Market Strategies | Report Reviewed by ExpertsMay 16, 2023 | marketwatch.comOil and Gas Separator Market Size and Research Overview 2023-2030May 12, 2023 | finance.yahoo.comWorthington (WOR) Loses -9.65% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerMay 11, 2023 | marketwatch.comForklift Cylinders Market Growth, Business Overview 2023, and Forecast to 2030| Sinoma Technology, Worthington IndustriesMay 11, 2023 | marketwatch.comPropane Cylinder Market Overview 2023 to 2030, Future Trends and Forecast | Luxfer Group, Worthington Industries, Sinoma Science & TechnologyMay 8, 2023 | marketwatch.comCylinders for Fire Fighting Market Research and Size Analysis 2023-2030May 8, 2023 | msn.comWorthington Industries: A Stable Steel Play And A Great DividendMay 8, 2023 | marketwatch.comOxygen Cylinders and Concentrators Market Leading Companies Make Strategy Recalibrations Ahead of Their Competitors and Peers from 2023-2030May 5, 2023 | marketwatch.comThe Hydrogen Energy Storage Market is Expected to Reach New Heights in 2023May 4, 2023 | marketwatch.comCompressed Gas Cylinders Market Analysis 2023 Rising to Set New Heights till 2031May 4, 2023 | marketwatch.comOil and Gas Separator Market is Booming ExtensivelyMay 3, 2023 | marketwatch.comDewar Vessel Market Analysis and Forecast to 2031May 2, 2023 | finance.yahoo.comLincoln Electric (LECO) Q1 Earnings & Sales Beat EstimatesMay 2, 2023 | finance.yahoo.comSealed Air (SEE) Q1 Earnings & Revenues Miss Estimates, Down Y/YSee More Headlines WOR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WOR Company Calendar Ex-Dividend for 3/29 Dividend3/14/2023Last Earnings3/22/2023Dividend Payable3/29/2023Today6/09/2023Ex-Dividend for 6/29 Dividend6/14/2023Next Earnings (Confirmed)6/28/2023Dividend Payable6/29/2023Fiscal Year End5/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Steel works, blast furnaces, & rolling & finishing mills Sub-IndustrySteel SectorIndustrial Products Current SymbolNYSE:WOR CUSIP98181110 CIK108516 Webwww.worthingtonindustries.com Phone(614) 438-3210Fax614-438-3136Employees8,400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$60.00 High Stock Price Forecast$60.00 Low Stock Price Forecast$60.00 Forecasted Upside/Downside-1.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$4.18 Trailing P/E Ratio14.59 Forward P/E Ratio12.37 P/E GrowthN/ANet Income$379.39 million Net Margins3.97% Pretax Margin5.41% Return on Equity13.98% Return on Assets6.59% Debt Debt-to-Equity Ratio0.40 Current Ratio2.57 Quick Ratio1.67 Sales & Book Value Annual Sales$5.24 billion Price / Sales0.58 Cash Flow$9.17 per share Price / Cash Flow6.65 Book Value$32.19 per share Price / Book1.90Miscellaneous Outstanding Shares49,800,000Free Float30,278,000Market Cap$3.04 billion OptionableOptionable Beta1.25 Key ExecutivesAndy RosePresident & Chief Executive OfficerGeoffrey G. GilmoreChief Operating Officer & Executive Vice PresidentJoseph B. HayekChief Financial Officer & Vice PresidentMatt SchlabigChief Information OfficerCatherine M. LyttleChief Human Resources Officer & Senior VPKey CompetitorsEncore WireNASDAQ:WIREGreifNYSE:GEFArconicNYSE:ARNCAlbany InternationalNYSE:AINVerra MobilityNASDAQ:VRRMView All CompetitorsInsiders & InstitutionsEP Wealth Advisors LLCBought 36,180 shares on 6/5/2023Ownership: 0.073%Ontario Teachers Pension Plan BoardBought 21,809 shares on 6/1/2023Ownership: 0.044%ProShare Advisors LLCSold 11,347 shares on 5/26/2023Ownership: 0.311%Ameriprise Financial Inc.Sold 8,127 shares on 5/22/2023Ownership: 0.117%New York State Common Retirement FundSold 7,802 shares on 5/18/2023Ownership: 0.089%View All Insider TransactionsView All Institutional Transactions WOR Stock - Frequently Asked Questions Should I buy or sell Worthington Industries stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Worthington Industries in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" WOR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WOR, but not buy additional shares or sell existing shares. View WOR analyst ratings or view top-rated stocks. What is Worthington Industries' stock price forecast for 2023? 1 Wall Street analysts have issued twelve-month price objectives for Worthington Industries' stock. Their WOR share price forecasts range from $60.00 to $60.00. On average, they expect the company's stock price to reach $60.00 in the next year. This suggests that the stock has a possible downside of 1.6%. View analysts price targets for WOR or view top-rated stocks among Wall Street analysts. How have WOR shares performed in 2023? Worthington Industries' stock was trading at $49.71 on January 1st, 2023. Since then, WOR shares have increased by 22.7% and is now trading at $61.0050. View the best growth stocks for 2023 here. When is Worthington Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 28th 2023. View our WOR earnings forecast. How can I listen to Worthington Industries' earnings call? Worthington Industries will be holding an earnings conference call on Thursday, June 29th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Worthington Industries' earnings last quarter? Worthington Industries, Inc. (NYSE:WOR) issued its quarterly earnings results on Wednesday, March, 22nd. The industrial products company reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.34. The industrial products company had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $909 million. Worthington Industries had a net margin of 3.97% and a trailing twelve-month return on equity of 13.98%. Worthington Industries's revenue was down 19.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.13 EPS. How often does Worthington Industries pay dividends? What is the dividend yield for Worthington Industries? Worthington Industries declared a quarterly dividend on Wednesday, March 22nd. Stockholders of record on Thursday, June 15th will be paid a dividend of $0.31 per share on Thursday, June 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date is Wednesday, June 14th. Read our dividend analysis for WOR. What ETFs hold Worthington Industries' stock? ETFs with the largest weight of Worthington Industries (NYSE:WOR) stock in their portfolio include VanEck Steel ETF (SLX), Invesco S&P MidCap Value with Momentum ETF (XMVM), Invesco DWA Basic Materials Momentum ETF (PYZ), SPDR S&P Metals & Mining ETF (XME), ProShares Russell 2000 Dividend Growers ETF (SMDV), Direxion Daily Metal Miners Bull 2X Shares (MNM), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS). Is Worthington Industries a good dividend stock? Worthington Industries (NYSE:WOR) pays an annual dividend of $1.24 per share and currently has a dividend yield of 1.97%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WOR will have a dividend payout ratio of 28.05% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WOR. What is Andy Rose's approval rating as Worthington Industries' CEO? 10 employees have rated Worthington Industries Chief Executive Officer Andy Rose on Glassdoor.com. Andy Rose has an approval rating of 78% among the company's employees. 58.0% of employees surveyed would recommend working at Worthington Industries to a friend. What other stocks do shareholders of Worthington Industries own? Based on aggregate information from My MarketBeat watchlists, some companies that other Worthington Industries investors own include Abbott Laboratories (ABT), Cisco Systems (CSCO), AT&T (T), Energy Transfer (ET), Pfizer (PFE), Verizon Communications (VZ), Ford Motor (F), QUALCOMM (QCOM), Exxon Mobil (XOM) and Bristol-Myers Squibb (BMY). What is Worthington Industries' stock symbol? Worthington Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "WOR." Who are Worthington Industries' major shareholders? Worthington Industries' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.72%), Dimensional Fund Advisors LP (4.60%), Macquarie Group Ltd. (3.18%), State Street Corp (2.98%), Victory Capital Management Inc. (2.87%) and Geode Capital Management LLC (1.19%). Insiders that own company stock include B Andrew Rose, Catherine M Lyttle, Dale T Brinkman, David P Blom, Eric M Smolenski, Geoffrey G Gilmore, Jeffrey R Klingler, John B Blystone, John P/Oh Mcconnell, Michael J Endres, Ozey K Horton Jr, Ozey K Horton, Jr, Patrick J Kennedy, Richard G Welch and Sidney A Ribeau. View institutional ownership trends. How do I buy shares of Worthington Industries? Shares of WOR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Worthington Industries' stock price today? One share of WOR stock can currently be purchased for approximately $61.01. How much money does Worthington Industries make? Worthington Industries (NYSE:WOR) has a market capitalization of $3.04 billion and generates $5.24 billion in revenue each year. The industrial products company earns $379.39 million in net income (profit) each year or $4.18 on an earnings per share basis. How many employees does Worthington Industries have? The company employs 8,400 workers across the globe. How can I contact Worthington Industries? Worthington Industries' mailing address is 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH, 43085. The official website for the company is www.worthingtonindustries.com. The industrial products company can be reached via phone at (614) 438-3210, via email at marcus.rogier@worthingtonindustries.com, or via fax at 614-438-3136. This page (NYSE:WOR) was last updated on 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Worthington Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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