Worthington Steel (WS) Stock Price, News & Analysis

Company Overview

Worthington Steel, Inc. is a steel processing company that produces value-added flat-rolled steel products for manufacturers and industrial customers. Its operations include steel slitting, cold rolling, coating, electrical steel processing and other specialized treatments designed to meet customers’ product and performance requirements.

The company supplies products and services to a range of end markets, including automotive, electrical infrastructure, construction, energy, industrial equipment and consumer products. Its offerings include electrical steel, coated and treated steel, laser-welded blanks and tailor-rolled products, which are used in applications such as electric motors, transformers, vehicle components and fabricated metal products.

Worthington Steel became an independent, publicly traded company in 2023 following its separation from Worthington Industries. The company serves customers through processing and manufacturing facilities in North America and Europe. Geoff Gilmore serves as president and chief executive officer.

Key Stats

• Today's Range: $33.57 to $34.75
• 50-Day Range: $32.38 to $38.22
• 52-Week Range: $27.22 to $49.17
• Volume: 38,134 shs
• Average Volume: 286,458 shs
• Market Capitalization: $1.76 billion
• P/E Ratio: 24.92
• Dividend Yield: 1.85%
• Price Target: $46.00
• Consensus Rating: Hold

Worthington Steel Stock Analysis - MarketRank™

Worthington Steel scored higher than 86% of companies evaluated by MarketBeat, and ranked 66th out of 226 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: Hold

Consensus Rating

Worthington Steel has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and no sell ratings.

Upside Potential

Worthington Steel has a consensus price target of $46.00, representing about 32.7% upside from its current price of $34.67.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 3.1 / 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 24.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of Worthington Steel is 24.93, which means that it is trading at a less expensive P/E ratio than the Materials sector average P/E ratio of about 26.05.

Price to Book Value per Share Ratio

Worthington Steel has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.23% 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 6.43.

Change versus previous month

Short interest in Worthington Steel has recently increased by 14.24%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Worthington Steel pays a meaningful dividend of 1.92%, 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: 1.6 / 5
• News Sentiment: -0.42

News Sentiment

Worthington Steel has a news sentiment score of -0.42. 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 0.52 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Worthington Steel this week, compared to 2 articles on an average week.

Search Interest

3 people have searched for WS on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.6 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Worthington Steel insiders have not sold or bought any company stock.

Percentage Held by Insiders

2.70% 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
• Record date for 9/29 Dividend: 9/15/2026
• Ex-Dividend for 9/29 Dividend: 9/15/2026
• Today: 9/23/2026
• AGM 2026: 9/23/2026
• Dividend Payable: 9/29/2026
• Next Earnings (Estimated): 10/06/2026
• 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: +32.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.39
• Trailing P/E Ratio: 24.93
• Forward P/E Ratio: 10.23
• 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: 0.51
• Cash Flow: $4.04 per share
• Price / Cash Flow: 8.58
• Book Value: $23.57 per share
• Price / Book: 1.47

Miscellaneous

• Outstanding Shares: 50,950,000
• Free Float: 49,571,000
• Market Cap: $1.77 billion
• Optionable: Optionable
• Beta: 2.27