Worthington Steel (WS) Stock Price, News & Analysis

Company Overview

Worthington Steel (NYSE: WS) is a leading North American steel processor specializing in the production of flat-rolled, coated and painted sheet and coil products. Operating as a wholly owned subsidiary of Worthington Industries, the company serves a broad range of industries, including construction, automotive, appliance, energy and agricultural equipment. Its core business activities encompass the processing, finishing and distribution of carbon and advanced high-strength steels, aluminum and stainless products to manufacturers across the continent.

The company’s product portfolio includes hot-dip galvanizing, galvannealed, aluminized and pre-painted steel products, as well as cold-rolled and hot-rolled coil. Through continuous annealing and temper mill capabilities, Worthington Steel enhances material properties such as strength, surface quality and formability, addressing the stringent specifications of modern end-use applications. In addition to steel processing, the company provides slitting, cut-to-length, leveling and shearing services to meet customized coil dimensions and tolerances, supporting just-in-time manufacturing requirements.

Founded in 1958 and headquartered in Columbus, Ohio, Worthington Steel has grown through strategic acquisitions and investments in processing technology. The company operates multiple facilities across the United States and Mexico, ensuring efficient supply chains and proximity to key customers. Its manufacturing footprint includes galvanizing lines in the Midwest and South, as well as coil service centers that offer rapid distribution and inventory management support. By integrating advanced process controls and digital quality inspections, Worthington Steel maintains consistent product performance and delivery reliability.

Focused on sustainable manufacturing, Worthington Steel pursues energy-efficient operations and recycling initiatives, reclaiming steel scrap in its processing lines. The company’s commitment to safety and environmental stewardship has earned it industry certifications and recognition from major OEMs. As part of Worthington Industries, Worthington Steel benefits from an experienced leadership team and a culture of operational excellence, positioning it to adapt to evolving market demands and technological advancements in steel processing.

Key Stats

• Today's Range: $37.69 to $38.53
• 50-Day Range: $31.95 to $43.50
• 52-Week Range: $27.22 to $49.17
• Volume: 137,913 shs
• Average Volume: 215,375 shs
• Market Capitalization: $1.94 billion
• P/E Ratio: 27.35
• Dividend Yield: 1.68%
• Price Target: $46.00
• Consensus Rating: Buy

Worthington Steel Stock Analysis - MarketRank™

Worthington Steel scored higher than 96% of companies evaluated by MarketBeat, and ranked 26th out of 230 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Buy

Consensus Rating

Worthington Steel has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 1 buy rating, 1 hold rating, and no sell ratings.

Upside Potential

Worthington Steel has a consensus price target of $46.00, representing about 21.0% upside from its current price of $38.01.

Amount of Analyst Coverage

Worthington Steel has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 43.66%

Earnings Growth

Earnings for Worthington Steel are expected to grow by 43.66% in the coming year, from $3.39 to $4.87 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Worthington Steel is 27.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Worthington Steel is 27.35, which means that it is trading at a more expensive P/E ratio than the Materials sector average P/E ratio of about 21.77.

Price to Book Value per Share Ratio

Worthington Steel has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.88% of the float of Worthington Steel has been sold short.

Short Interest Ratio / Days to Cover

Worthington Steel has a short interest ratio ("days to cover") of 6.21.

Change versus previous month

Short interest in Worthington Steel has recently decreased by 11.58%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Worthington Steel pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Worthington Steel does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Worthington Steel is 46.04%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Worthington Steel will have a dividend payout ratio of 13.14% next year. This indicates that Worthington Steel will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: N/A

News Sentiment

Worthington Steel has a news sentiment score of 1.67. 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 higher news sentiment than the 0.52 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Worthington Steel this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for WS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

1 people have added Worthington Steel to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Worthington Steel insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,431,830.00 in company stock.

Percentage Held by Insiders

2.60% of the stock of Worthington Steel is held by insiders.

Percentage Held by Institutions

45.41% of the stock of Worthington Steel is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 6/26 Dividend: 6/12/2026
• Ex-Dividend for 6/26 Dividend: 6/12/2026
• Last Earnings: 6/25/2026
• Dividend Payable: 6/26/2026
• Today: 8/14/2026
• Record date for 9/29 Dividend: 9/15/2026
• Ex-Dividend for 9/29 Dividend: 9/15/2026
• Dividend Payable: 9/29/2026
• Next Earnings (Estimated): 9/30/2026
• Fiscal Year End: 5/31/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Steel
• Current Symbol: NYSE:WS
• Previous Symbol: NYSE:WS
• CIK: 1968487
• Web: www.worthingtonsteel.com
• Phone: 614-438-3210
• Fax: N/A
• Employees: 5,400
• Year Founded: 2023

Price Target and Rating

• Average Price Target for Worthington Steel: $46.00
• High Price Target: $46.00
• Low Price Target: $46.00
• Potential Upside/Downside: +21.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.39
• Trailing P/E Ratio: 27.35
• Forward P/E Ratio: 11.21
• P/E Growth: N/A
• Net Income: $8.50 million
• Net Margins: 0.50%
• Pretax Margin: 0.21%
• Return on Equity: 8.87%
• Return on Assets: 4.89%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 1.46
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: $3.44 billion
• Price / Sales: 0.56
• Cash Flow: $3.88 per share
• Price / Cash Flow: 9.79
• Book Value: $23.57 per share
• Price / Book: 1.61

Miscellaneous

• Outstanding Shares: 50,950,000
• Free Float: 49,623,000
• Market Cap: $1.94 billion
• Optionable: Optionable
• Beta: 2.30