Worthington Industries - WOR Stock Forecast, Price & News

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.

1 equities research analysts have issued 1-year price targets for Worthington Industries' stock. Their WOR share price forecasts range from $58.00 to $58.00. On average, they predict the company's stock price to reach $58.00 in the next year. This suggests a possible upside of 22.2% from the stock's current price.
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Worthington Industries' stock was trading at $54.66 at the beginning of the year. Since then, WOR stock has decreased by 13.2% and is now trading at $47.47.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, September 29th 2022.
View our WOR earnings forecast.

Worthington Industries will be holding an earnings conference call on Thursday, September 29th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Worthington Industries, Inc. (NYSE:WOR) issued its quarterly earnings data on Thursday, December, 16th. The industrial products company reported $2.12 earnings per share for the quarter, topping analysts' consensus estimates of $1.72 by $0.40. The industrial products company had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.19 billion. Worthington Industries had a net margin of 7.24% and a trailing twelve-month return on equity of 23.06%. Worthington Industries's quarterly revenue was up 68.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.95 earnings per share.

Worthington Industries announced a quarterly dividend on Thursday, June 23rd. Investors of record on Thursday, September 15th will be paid a dividend of $0.31 per share on Thursday, September 29th. This represents a $1.24 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Wednesday, September 14th. This is an increase from the stock's previous quarterly dividend of $0.28.
Read our dividend analysis for WOR.

Worthington Industries (NYSE:WOR) pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.57%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 16.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WOR will have a dividend payout ratio of 26.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WOR.

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.

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).

Worthington Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "WOR."

Worthington Industries' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Macquarie Group Ltd. (3.68%), State Street Corp (3.41%), Victory Capital Management Inc. (2.90%), Northern Trust Corp (0.87%), ProShare Advisors LLC (0.39%) and Vontobel Holding Ltd. (0.37%). Insiders that own company stock include Catherine M Lyttle, Dale T Brinkman, Eric M Smolenski, Geoffrey G Gilmore, Jeffrey R Klingler, John B Blystone, John P/Oh Mcconnell, Joseph B Hayek, Michael J Endres, Ozey K Horton Jr, Ozey K Horton, Jr, Richard G Welch and Sidney A Ribeau.
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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.
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One share of WOR stock can currently be purchased for approximately $47.47.

Worthington Industries (NYSE:WOR) has a market capitalization of $2.35 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 $7.42 on an earnings per share basis.

The company employs 8,400 workers across the globe.

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.