Worthington Steel (WS) to Release Earnings on Wednesday

Worthington Steel (NYSE:WSGet Free Report) is projected to announce its Q4 2026 results after the market closes on Wednesday, June 24th. Analysts expect Worthington Steel to post earnings of $0.73 per share and revenue of $992.00 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q4 2026 earning overview page for the latest details on the call scheduled for Thursday, June 25, 2026 at 8:30 AM ET.

Worthington Steel (NYSE:WSGet Free Report) last issued its quarterly earnings results on Thursday, March 26th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.20). The business had revenue of $769.80 million for the quarter, compared to analyst estimates of $882.95 million. Worthington Steel had a return on equity of 10.12% and a net margin of 3.64%.Worthington Steel’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.35 EPS. On average, analysts expect Worthington Steel to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Worthington Steel Stock Down 2.5%

Shares of NYSE:WS opened at $40.66 on Wednesday. The business has a fifty day simple moving average of $38.70 and a 200 day simple moving average of $38.05. The company has a quick ratio of 0.90, a current ratio of 1.48 and a debt-to-equity ratio of 0.03. The firm has a market cap of $2.07 billion, a P/E ratio of 23.92 and a beta of 2.22. Worthington Steel has a 12-month low of $24.23 and a 12-month high of $49.17.

Worthington Steel Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be given a $0.16 dividend. The ex-dividend date is Friday, June 12th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.6%. Worthington Steel’s payout ratio is 37.65%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on WS shares. Zacks Research upgraded Worthington Steel from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Worthington Steel in a report on Monday, April 20th. Wall Street Zen cut shares of Worthington Steel from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Finally, KeyCorp upped their price target on Worthington Steel from $38.00 to $46.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $46.00.

Read Our Latest Analysis on WS

Insider Transactions at Worthington Steel

In other news, COO Jeffrey R. Klingler sold 20,036 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $43.82, for a total transaction of $877,977.52. Following the completion of the transaction, the chief operating officer owned 93,212 shares of the company’s stock, valued at approximately $4,084,549.84. The trade was a 17.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Clifford Larivey sold 11,105 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $40.09, for a total transaction of $445,199.45. Following the completion of the transaction, the insider owned 64,308 shares in the company, valued at approximately $2,578,107.72. This trade represents a 14.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 33,708 shares of company stock valued at $1,431,830. 2.60% of the stock is owned by corporate insiders.

Institutional Trading of Worthington Steel

Institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Worthington Steel by 1.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,462,097 shares of the company’s stock worth $74,823,000 after acquiring an additional 32,717 shares during the last quarter. Alliancebernstein L.P. raised its position in Worthington Steel by 695.6% during the third quarter. Alliancebernstein L.P. now owns 969,887 shares of the company’s stock valued at $29,475,000 after purchasing an additional 847,981 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Worthington Steel by 14.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 811,832 shares of the company’s stock worth $28,106,000 after purchasing an additional 102,188 shares during the last quarter. Bridgeway Capital Management LLC lifted its stake in Worthington Steel by 6.4% during the third quarter. Bridgeway Capital Management LLC now owns 362,446 shares of the company’s stock worth $11,015,000 after purchasing an additional 21,694 shares during the last quarter. Finally, CSM Advisors LLC boosted its holdings in shares of Worthington Steel by 4.9% in the 4th quarter. CSM Advisors LLC now owns 212,688 shares of the company’s stock worth $7,366,000 after purchasing an additional 9,939 shares in the last quarter. Hedge funds and other institutional investors own 45.41% of the company’s stock.

Worthington Steel Company Profile

(Get Free Report)

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.

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Earnings History for Worthington Steel (NYSE:WS)

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