Equities Analysts Offer Predictions for WS FY2025 Earnings

Worthington Steel, Inc. (NYSE:WS) – KeyCorp issued their FY2025 earnings estimates for Worthington Steel in a research note issued to investors on Tuesday, January 21st. KeyCorp analyst P. Gibbs anticipates that the company will post earnings of $2.15 per share for the year. The consensus estimate for Worthington Steel’s current full-year earnings is $2.36 per share. KeyCorp also issued estimates for Worthington Steel’s FY2026 earnings at $3.13 EPS.

Worthington Steel (NYSE:WS) last issued its quarterly earnings data on Wednesday, December 18th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.37). The company had revenue of $739.00 million for the quarter, compared to analyst estimates of $740.40 million. Worthington Steel had a return on equity of 12.59% and a net margin of 4.36%. The company’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.11 earnings per share.

Worthington Steel Stock Down 2.2 %

NYSE WS opened at $29.91 on Friday. Worthington Steel has a fifty-two week low of $28.20 and a fifty-two week high of $47.19. The business has a fifty day moving average of $37.09 and a 200-day moving average of $36.08. The stock has a market cap of $1.52 billion and a price-to-earnings ratio of 10.50.

Institutional Investors Weigh In On Worthington Steel

A number of hedge funds and other institutional investors have recently modified their holdings of WS. American Century Companies Inc. lifted its stake in shares of Worthington Steel by 8.7% during the second quarter. American Century Companies Inc. now owns 23,555 shares of the company’s stock valued at $786,000 after buying an additional 1,877 shares during the period. Dimensional Fund Advisors LP raised its holdings in Worthington Steel by 0.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,393,483 shares of the company’s stock valued at $79,845,000 after acquiring an additional 17,783 shares during the last quarter. Renaissance Technologies LLC lifted its stake in shares of Worthington Steel by 24.5% during the 2nd quarter. Renaissance Technologies LLC now owns 160,800 shares of the company’s stock worth $5,364,000 after purchasing an additional 31,600 shares during the period. Ensign Peak Advisors Inc acquired a new stake in shares of Worthington Steel during the second quarter worth $282,000. Finally, Public Sector Pension Investment Board grew its position in shares of Worthington Steel by 7.0% in the second quarter. Public Sector Pension Investment Board now owns 67,658 shares of the company’s stock valued at $2,257,000 after purchasing an additional 4,434 shares during the period. 45.41% of the stock is currently owned by hedge funds and other institutional investors.

Worthington Steel Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a $0.16 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.64 dividend on an annualized basis and a yield of 2.14%. Worthington Steel’s dividend payout ratio (DPR) is 22.46%.

Worthington Steel Company Profile

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.