Worthington Steel (WS) Stock Price, News & Analysis

Company Overview

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. Worthington Steel, Inc. was incorporated in 2023 and is based in Columbus, Ohio.

Key Stats

• Today's Range: $26.08 to $27.06
• 50-Day Range: $24.69 to $31.09
• 52-Week Range: $24.22 to $47.19
• Volume: 301,849 shs
• Average Volume: 237,687 shs
• Market Capitalization: $1.36 billion
• P/E Ratio: 9.40
• Dividend Yield: 2.39%
• Price Target: $34.00
• Consensus Rating: Buy

Worthington Steel Stock Analysis - MarketRank™

Worthington Steel scored higher than 83% of companies evaluated by MarketBeat, and ranked 54th out of 189 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 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 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Worthington Steel has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 50.44%

Earnings Growth

Earnings for Worthington Steel are expected to grow by 50.44% in the coming year, from $2.26 to $3.40 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Worthington Steel is 9.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Worthington Steel is 9.40, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 95.39.

Price to Book Value per Share Ratio

Worthington Steel has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.60% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Worthington Steel has recently increased by 4.46%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Worthington Steel pays a meaningful dividend of 2.44%, 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 22.46%. 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 18.82% next year. This indicates that Worthington Steel will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.60% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Worthington Steel has recently increased by 4.46%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.25

News Sentiment

Worthington Steel has a news sentiment score of 0.25. 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 0.57 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for Worthington Steel this week, compared to 3 articles on an average week.

Search Interest

1 people have searched for WS on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Worthington Steel to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 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

Only 2.20% 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.

WS Stock Analysis - Frequently Asked Questions

How have WS shares performed this year?

Worthington Steel's stock was trading at $31.82 at the beginning of 2025. Since then, WS stock has decreased by 15.8% and is now trading at $26.78.
View the best growth stocks for 2025 here.

How were Worthington Steel's earnings last quarter?

Worthington Steel, Inc. (NYSE:WS) posted its quarterly earnings results on Wednesday, March, 19th. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.32. The firm's revenue was down 14.7% on a year-over-year basis.

Who are Worthington Steel's major shareholders?

Top institutional shareholders of Worthington Steel include Vanguard Group Inc. (8.80%), Dimensional Fund Advisors LP (4.34%), Pacer Advisors Inc. (2.58%) and Geode Capital Management LLC (1.51%). Insiders that own company stock include Carl A Nelson Jr and Charles M Chiappone.
View institutional ownership trends.

How do I buy shares of Worthington Steel?

Shares of WS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Worthington Steel own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Worthington Steel investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX) and Visa (V).

Company Calendar

• Ex-Dividend for 12/27 Dividend: 12/13/2024
• Dividend Payable: 12/27/2024
• Ex-Dividend for 3/28 Dividend: 3/14/2025
• Last Earnings: 3/19/2025
• Today: 3/24/2025
• Dividend Payable: 3/28/2025
• Fiscal Year End: 5/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Steel works, blast furnaces, & rolling & finishing mills
• Sub-Industry: Steel Works
• Current Symbol: NYSE:WS
• Previous Symbol: NYSE:WS
• CIK: 1968487
• Web: www.worthingtonsteel.com
• Phone: 614-438-3210
• Fax: N/A
• Employees: 4,600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $34.00
• High Stock Price Target: $34.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: +29.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.85
• Trailing P/E Ratio: 9.23
• Forward P/E Ratio: 11.65
• P/E Growth: N/A
• Net Income: $154.70 million
• Net Margins: 4.36%
• Pretax Margin: 6.01%
• Return on Equity: 12.59%
• Return on Assets: 7.74%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.83
• Quick Ratio: 1.10

Sales & Book Value

• Annual Sales: $3.29 billion
• Price / Sales: 0.41
• Cash Flow: $4.26 per share
• Price / Cash Flow: 6.18
• Book Value: $22.18 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 50,754,000
• Free Float: 49,637,000
• Market Cap: $1.34 billion
• Optionable: Optionable
• Beta: 2.62