Worthington Steel, Inc. (NYSE:WS - Get Free Report) announced a quarterly dividend on Thursday, December 19th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.16 per share on Friday, March 28th. This represents a $0.64 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Friday, March 14th.
Worthington Steel Stock Performance
NYSE:WS traded down $5.46 during trading hours on Thursday, reaching $32.46. The company's stock had a trading volume of 982,057 shares, compared to its average volume of 218,057. The stock has a 50 day moving average price of $40.95 and a two-hundred day moving average price of $36.16. The company has a market capitalization of $1.65 billion and a P/E ratio of 13.09. Worthington Steel has a 12 month low of $23.82 and a 12 month high of $47.19.
Worthington Steel (NYSE:WS - Get Free Report) last released its quarterly earnings results on Wednesday, December 18th. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.56 by ($0.37). Worthington Steel had a net margin of 3.71% and a return on equity of 12.14%. The firm had revenue of $739.00 million during the quarter, compared to the consensus estimate of $740.40 million. During the same quarter in the prior year, the business posted $0.11 earnings per share. The firm's quarterly revenue was down 8.5% on a year-over-year basis. As a group, analysts predict that Worthington Steel will post 2.95 EPS for the current fiscal year.
Worthington Steel Company Profile
(
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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.
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