Q3 EPS Forecast for Worthington Steel Reduced by Analyst

Worthington Steel, Inc. (NYSE:WS) – Seaport Res Ptn decreased their Q3 2025 earnings per share estimates for Worthington Steel in a report released on Tuesday, January 21st. Seaport Res Ptn analyst M. Englert now expects that the company will post earnings of $0.67 per share for the quarter, down from their previous estimate of $0.86. The consensus estimate for Worthington Steel’s current full-year earnings is $2.95 per share. Seaport Res Ptn also issued estimates for Worthington Steel’s FY2025 earnings at $2.36 EPS.

Worthington Steel (NYSE:WS) last released its earnings results on Wednesday, December 18th. The company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.37). The business had revenue of $739.00 million for the quarter, compared to analysts’ expectations of $740.40 million. Worthington Steel had a return on equity of 12.59% and a net margin of 4.36%. Worthington Steel’s quarterly revenue was down 8.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.11 EPS.

Worthington Steel Trading Down 1.7 %

Shares of NYSE WS opened at $30.54 on Thursday. The stock has a market cap of $1.55 billion and a PE ratio of 10.72. Worthington Steel has a 12-month low of $28.20 and a 12-month high of $47.19. The company has a 50-day moving average of $37.36 and a 200 day moving average of $36.12.

Hedge Funds Weigh In On Worthington Steel

A number of institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. acquired a new position in Worthington Steel in the 2nd quarter valued at about $208,000. American Century Companies Inc. raised its position in Worthington Steel by 8.7% in the second quarter. American Century Companies Inc. now owns 23,555 shares of the company’s stock valued at $786,000 after purchasing an additional 1,877 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Worthington Steel by 0.7% during 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 period. Renaissance Technologies LLC grew its position in Worthington Steel by 24.5% in the 2nd quarter. Renaissance Technologies LLC now owns 160,800 shares of the company’s stock valued at $5,364,000 after acquiring an additional 31,600 shares in the last quarter. Finally, Ensign Peak Advisors Inc purchased a new stake in shares of Worthington Steel during the second quarter worth $282,000. Hedge funds and other institutional investors own 45.41% of the company’s stock.

Worthington Steel Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors 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 annualized dividend and a dividend yield of 2.10%. Worthington Steel’s dividend payout ratio is presently 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.