Seaport Res Ptn Has Negative Outlook for WS Q3 Earnings

Worthington Steel, Inc. (NYSE:WS) – Research analysts at Seaport Res Ptn lowered their Q3 2025 EPS estimates for shares of Worthington Steel in a report released on Tuesday, January 21st. Seaport Res Ptn analyst M. Englert now expects that the company will post earnings per share of $0.67 for the quarter, down from their prior forecast 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 posted its earnings results on Wednesday, December 18th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.37). The firm had revenue of $739.00 million during the quarter, compared to analysts’ expectations of $740.40 million. Worthington Steel had a net margin of 4.36% and a return on equity of 12.59%. The firm’s revenue for the quarter was down 8.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.11 earnings per share.

Worthington Steel Trading Down 2.2 %

Shares of NYSE WS opened at $29.91 on Thursday. The stock has a market cap of $1.52 billion and a P/E ratio of 10.50. The stock has a 50 day moving average of $37.09 and a two-hundred day moving average of $36.08. Worthington Steel has a twelve month low of $28.20 and a twelve month high of $47.19.

Worthington Steel Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Friday, March 14th. Worthington Steel’s payout ratio is currently 22.46%.

Hedge Funds Weigh In On Worthington Steel

Several institutional investors have recently added to or reduced their stakes in WS. Dimensional Fund Advisors LP increased its holdings in shares of Worthington Steel by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 2,393,483 shares of the company’s stock valued at $79,845,000 after purchasing an additional 17,783 shares during the period. State Street Corp grew its position in Worthington Steel by 2.2% in the 3rd quarter. State Street Corp now owns 1,557,031 shares of the company’s stock valued at $52,955,000 after buying an additional 33,534 shares during the last quarter. Pacer Advisors Inc. acquired a new position in Worthington Steel in the 4th quarter valued at $41,741,000. Geode Capital Management LLC increased its stake in Worthington Steel by 5.7% in the 3rd quarter. Geode Capital Management LLC now owns 771,371 shares of the company’s stock valued at $26,240,000 after buying an additional 41,925 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in Worthington Steel by 12.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 321,296 shares of the company’s stock worth $10,927,000 after buying an additional 36,488 shares during the last quarter. Institutional investors and hedge funds own 45.41% of the company’s stock.

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.