Worthington Steel (NYSE:WS) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Worthington Steel (NYSE:WS) posted its earnings results on Wednesday. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.73 by $0.01, Zacks reports. The company had revenue of $929.20 million during the quarter, compared to analyst estimates of $992.00 million. Worthington Steel had a return on equity of 8.78% and a net margin of 0.50%.The business’s revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.05 earnings per share.

Worthington Steel Stock Down 6.7%

Worthington Steel stock opened at $36.97 on Friday. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 21.74 and a beta of 2.22. The company has a current ratio of 1.48, a quick ratio of 0.90 and a debt-to-equity ratio of 0.03. The company’s 50-day moving average price is $39.59 and its two-hundred day moving average price is $38.28. Worthington Steel has a 52 week low of $27.22 and a 52 week high of $49.17.

Worthington Steel Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 15th will be given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Tuesday, September 15th. Worthington Steel’s dividend payout ratio is currently 37.65%.

Key Worthington Steel News

Here are the key news stories impacting Worthington Steel this week:

• Positive Sentiment: Worthington Steel reported fiscal Q4 EPS of $0.74, edging past consensus estimates of $0.73, which suggests earnings held up slightly better than expected. Worthington Steel Reports Fourth Quarter Fiscal 2026 Results
• Positive Sentiment: Revenue was up 11.6% year over year, showing continued top-line growth despite a tougher operating backdrop. Worthington Steel Reports Fourth Quarter Fiscal 2026 Results
• Positive Sentiment: KeyCorp raised its FY2026 and FY2027 EPS estimates for Worthington Steel and maintained an Overweight rating with a $46 price target, signaling improving analyst sentiment. Worthington Steel market data and analyst updates
• Neutral Sentiment: The company declared a quarterly dividend of $0.16 per share, reinforcing its shareholder-return policy but not likely changing the near-term growth outlook. Worthington Steel Declares Quarterly Dividend
• Negative Sentiment: Revenue came in below expectations at $929.2 million versus the $992 million consensus, which may be weighing on the stock as investors focus on softer-than-hoped sales. Worthington Steel Reports Fourth Quarter Fiscal 2026 Results
• Negative Sentiment: Earnings and call commentary also pointed to challenges and integration work tied to Klöckner, suggesting execution risk remains as the company works through the acquisition benefits. Worthington Steel Bets Big on Klöckner Synergies

Insider Transactions at Worthington Steel

In related news, COO Jeffrey R. Klingler sold 20,036 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $43.82, for a total transaction of $877,977.52. Following the transaction, the chief operating officer owned 93,212 shares in the company, valued at $4,084,549.84. This trade represents a 17.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Clifford Larivey sold 11,105 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $40.09, for a total transaction of $445,199.45. Following the transaction, the insider owned 64,308 shares in the company, valued at $2,578,107.72. This represents a 14.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 33,708 shares of company stock valued at $1,431,830. Company insiders own 2.60% of the company’s stock.

Hedge Funds Weigh In On Worthington Steel

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC bought a new stake in shares of Worthington Steel in the 4th quarter worth $67,000. Tower Research Capital LLC TRC grew its holdings in Worthington Steel by 149.9% during the second quarter. Tower Research Capital LLC TRC now owns 2,354 shares of the company’s stock worth $70,000 after acquiring an additional 1,412 shares during the period. BNP Paribas Financial Markets grew its holdings in Worthington Steel by 50.9% during the second quarter. BNP Paribas Financial Markets now owns 3,492 shares of the company’s stock worth $104,000 after acquiring an additional 1,178 shares during the period. Schroder Investment Management Group bought a new stake in Worthington Steel in the fourth quarter worth about $201,000. Finally, MML Investors Services LLC bought a new stake in Worthington Steel in the fourth quarter worth about $208,000. 45.41% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on WS shares. KeyCorp boosted their price objective on Worthington Steel from $38.00 to $46.00 and gave the company an “overweight” rating in a research report on Tuesday, June 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Worthington Steel in a research note on Monday, April 20th. Zacks Research raised shares of Worthington Steel from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Finally, Wall Street Zen lowered shares of Worthington Steel from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $46.00.

About Worthington Steel

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.