Date | Price Target | Rating | Analyst |
---|---|---|---|
3/11/2024 | Neutral | Seaport Research Partners |
Seaport Research Partners initiated coverage of Worthington Steel with a rating of Neutral
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
4 - Worthington Steel, Inc. (0001968487) (Issuer)
SC 13G/A - Worthington Steel, Inc. (0001968487) (Subject)
SC 13G/A - Worthington Steel, Inc. (0001968487) (Subject)
SC 13G/A - Worthington Steel, Inc. (0001968487) (Subject)
SC 13G/A - Worthington Steel, Inc. (0001968487) (Subject)
Worthington Steel, Inc., (NYSE:WS) announced today that it has earned the 2025 Military Friendly® Employer designation by VIQTORY. Since 2003, through its proprietary survey, Military Friendly® has established the standard for measuring an organization's commitment, effort and success in creating sustainable and meaningful benefits for the military community through civilian employment, educational and entrepreneurial opportunities. Worthington Steel was among 308 employers named to the 2025 list from over 1,200 participating companies. "This recognition is very special to us. It marks our 10th consecutive year to achieve Military Friendly® designation, and our first since Worthington Ste
Worthington Steel, Inc., (NYSE:WS) announced today that Cliff Larivey, senior vice president of commercial and purchasing, has been named president of Flat-Roll Steel Processing, effective Dec. 1, 2024. Jeff Klingler, executive vice president and chief operating officer, has been performing the role since Dec. 1, 2023. This structure will allow Klingler to focus on the Company's global business operations and executing its growth and optimization strategy. "During his tenure, Cliff has been instrumental in building and maintaining strong customer and supplier partnerships, including successfully navigating supply chain challenges during the pandemic, to deliver world-class customer service
Worthington Steel, Inc. (NYSE:WS) announced today the release of its 2024 Corporate Citizenship and Sustainability Report, summarizing the Company's key accomplishments and performance metrics achieved during fiscal 2024 across several important areas, including environmental management, safety, talent development, citizenship and corporate governance. The report can be viewed on the Company's website at https://www.worthingtonsteel.com/sustainability. "I'm proud to share Worthington Steel's inaugural sustainability report. While it's our first report as a public company, the concepts and values around sustainability are not new to us," said Worthington Steel President and CEO Geoff Gilmor
Worthington Steel, Inc. (NYSE:WS) announced today that it has implemented a Dividend Reinvestment Plan (the "DRIP"), which went into effect Sept. 13, 2024. Participation in the DRIP is optional and will not affect shareholders' cash dividends, unless they elect to participate in the DRIP. The DRIP will provide Worthington Steel's eligible shareholders with the opportunity to have all or a portion of the cash dividends declared on their Worthington Steel common shares ("common shares") automatically reinvested into additional common shares on an ongoing basis until DRIP participation has been modified or terminated (the "Reinvestment Shares"). The benefits of enrolling in the DRIP include t
Worthington Steel, Inc. (NYSE:WS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2025 first quarter ended August 31, 2024. First Quarter Highlights (all comparisons to the first quarter of fiscal 2024): Net sales of $834.0 million decreased 8% compared to $905.8 million. Operating income of $43.4 million compared to $69.7 million. Net earnings attributable to controlling interest of $28.4 million compared to $58.5 million. Net earnings per diluted share attributable to controlling interest of $0.56 compared to $1.19; Adjusted net earnings per diluted share attributable to controlling interest of $0.56 compared to $1.26. A
The board of directors of Worthington Steel, Inc. (NYSE:WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on Dec. 27, 2024, to shareholders of record Dec. 13, 2024. Worthington Steel will host a conference call to discuss its fiscal 2025 first quarter results at 8:30 a.m. ET on Thursday, Sept. 26, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, Sept. 26, 2024 Start Time: 8:30 a.m. ET Conference ID: 5714141 Toll-Free Dial-In Number: 888.510.2
Worthington Steel, Inc. (NYSE:WS) announced today that it will report the results for its fiscal first quarter after the market closes on Wednesday, Sept. 25, 2024. The Company will host a conference call to discuss its fiscal first quarter results at 8:30 a.m. ET on Thursday, Sept. 26, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, Sept. 26, 2024 Start Time: 8:30 a.m. ET Conference ID:
Worthington Steel, Inc. (NYSE:WS), a market-leading, value-added steel processing company, today reported financial results for the fiscal 2024 fourth quarter and full fiscal year ended May 31, 2024. Fourth Quarter Highlights (all comparisons to the fourth quarter of fiscal 2023): Net sales of $911.0 million increased 3% compared to $884.0 million. Operating income of $67.3 million compared to $89.8 million. Net earnings attributable to controlling interest of $53.2 million compared to $67.3 million. Net earnings per diluted share attributable to controlling interest of $1.06 compared to $1.37; Adjusted net earnings per diluted share attributable to controlling interest of $1.
The board of directors of Worthington Steel, Inc. (NYSE:WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on September 27, 2024, to shareholders of record September 13, 2024. Worthington Steel will host a conference call to discuss its fiscal fourth quarter results at 8:30 a.m. ET on Thursday, June 27, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, June 27, 2024 Start Time: 8:30 a.m. ET Conference ID: 5714141 Toll-Free Dial-In N
Worthington Steel, Inc. (NYSE:WS) announced today that it will report the results for its fiscal fourth quarter after the market closes on Wednesday, June 26, 2024. The Company will host a conference call to discuss its fiscal fourth quarter results at 8:30 a.m. ET on Thursday, June 27, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, June 27, 2024 Start Time: 8:30 a.m. ET Conference ID: 5714141 Toll-Free Dial-In Number: 888.510.2553 About Worthington Steel
Worthington Steel, Inc. (NYSE:WS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2025 first quarter ended August 31, 2024. First Quarter Highlights (all comparisons to the first quarter of fiscal 2024): Net sales of $834.0 million decreased 8% compared to $905.8 million. Operating income of $43.4 million compared to $69.7 million. Net earnings attributable to controlling interest of $28.4 million compared to $58.5 million. Net earnings per diluted share attributable to controlling interest of $0.56 compared to $1.19; Adjusted net earnings per diluted share attributable to controlling interest of $0.56 compared to $1.26. A
The board of directors of Worthington Steel, Inc. (NYSE:WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on Dec. 27, 2024, to shareholders of record Dec. 13, 2024. Worthington Steel will host a conference call to discuss its fiscal 2025 first quarter results at 8:30 a.m. ET on Thursday, Sept. 26, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, Sept. 26, 2024 Start Time: 8:30 a.m. ET Conference ID: 5714141 Toll-Free Dial-In Number: 888.510.2
Worthington Steel, Inc. (NYSE:WS) announced today that it will report the results for its fiscal first quarter after the market closes on Wednesday, Sept. 25, 2024. The Company will host a conference call to discuss its fiscal first quarter results at 8:30 a.m. ET on Thursday, Sept. 26, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, Sept. 26, 2024 Start Time: 8:30 a.m. ET Conference ID:
Worthington Steel, Inc. (NYSE:WS), a market-leading, value-added steel processing company, today reported financial results for the fiscal 2024 fourth quarter and full fiscal year ended May 31, 2024. Fourth Quarter Highlights (all comparisons to the fourth quarter of fiscal 2023): Net sales of $911.0 million increased 3% compared to $884.0 million. Operating income of $67.3 million compared to $89.8 million. Net earnings attributable to controlling interest of $53.2 million compared to $67.3 million. Net earnings per diluted share attributable to controlling interest of $1.06 compared to $1.37; Adjusted net earnings per diluted share attributable to controlling interest of $1.
The board of directors of Worthington Steel, Inc. (NYSE:WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on September 27, 2024, to shareholders of record September 13, 2024. Worthington Steel will host a conference call to discuss its fiscal fourth quarter results at 8:30 a.m. ET on Thursday, June 27, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, June 27, 2024 Start Time: 8:30 a.m. ET Conference ID: 5714141 Toll-Free Dial-In N
Worthington Steel, Inc. (NYSE:WS) announced today that it will report the results for its fiscal fourth quarter after the market closes on Wednesday, June 26, 2024. The Company will host a conference call to discuss its fiscal fourth quarter results at 8:30 a.m. ET on Thursday, June 27, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Thursday, June 27, 2024 Start Time: 8:30 a.m. ET Conference ID: 5714141 Toll-Free Dial-In Number: 888.510.2553 About Worthington Steel
Worthington Steel, Inc. (NYSE:WS) today reported financial results for the fiscal 2024 third quarter ended February 29, 2024. The Company reported net sales of $805.8 million and net earnings attributable to controlling interest of $49.0 million, or $0.98 per diluted share, for its fiscal 2024 third quarter. For the third quarter of fiscal 2023 ended February 28, 2023, the Company recorded net sales of $780.7 million and net earnings attributable to controlling interest of $5.4 million, or $0.11 per diluted share. Results in both the current year quarter and prior year quarter were impacted by certain items, as summarized in the table below and as further discussed in the Non-GAAP Financi
The board of directors of Worthington Steel, Inc. (NYSE:WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on June 28, 2024, to shareholders of record June 14, 2024. Worthington Steel will host a conference call to discuss its fiscal third quarter results at 8:30 a.m. ET on Friday, March 22, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Friday, March 22, 2024 Start Time: 8:30 a.m. ET Conference ID: 5714141 Toll-Free Dial-In Number:
Worthington Steel, Inc. (NYSE:WS) announced today that it will report the results for its fiscal third quarter after the market closes on Thursday, March 21, 2024. The Company will host a conference call to discuss its fiscal third quarter results at 8:30 a.m. ET on Friday, March 22, 2024. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year. Live Conference Call Schedule Date: Friday, March 22, 2024 Start Time: 8:30 a.m. ET Conference ID: 5714141 Toll-Free Dial-In Number: 888.510.2553 About Worthington Steel Wo
The two-day rally the broader market witnessed could stall, as traders choose to remain cautious ahead of a string of economic catalysts. The negative reaction to Micron Technology, Inc.‘s (NASDAQ:MU) earnings could generate weakness in the tech space. AI stalwart Nvidia Corp.’s (NASDAQ:NVDA) two-day rally is cooling off following its annual shareholder meeting. Bond yields have ticked up, with the 10-year-old Treasury yield holding above the 4.3% mark. Traders may bide their time amid the fluid situation in a bid to see off late Thursday’s presidential debate and Federal Reserve’s preferred inflation gauge due on Friday. FuturesPerformance (+/-)Nasdaq 100-0.12%S&P 500-0.11%Dow-0.16%R2
Worthington Steel (NYSE:WS) reported quarterly earnings of $1.06 per share which beat the analyst consensus estimate of $0.84 by 26.19 percent. The company reported quarterly sales of $911.000 million which beat the analyst consensus estimate of $849.400 million by 7.25 percent.
Futures trading reflects the same trend seen on Tuesday, with the Nasdaq and S&P 500 futures firming up in early trading, while the Dow futures slipped. Notwithstanding the tech strength, the underlying sentiment is likely to be one of caution ahead of some key market-moving economic catalysts scheduled for the next two sessions. The Nvidia Corp. (NASDAQ:NVDA) rally continues, with the stock firmer in premarket trading. It remains to be seen if the concentrated tech strength could be strong enough to lift the broader market. The market could also receive a shot in the arm from FedEx Corp.’s (NYSE:FDX) positive earnings and M&A rumors. The Federal Reserve’s favorite inflation gauge, mor
Top Stories for April 23, 2024: Cleveland-Cliffs Inc (NYSE:CLF) reported first-quarter results, including revenue of $5.2 billion, a net loss of $53 million and adjusted net income of $87 million. Adjusted EBITDA reached $414 million, marking a significant year-over-year and quarter-over-quarter improvement. The company announced the completion of a previous $1 billion share repurchase program, having bought back 30.4 million shares. It also introduced a new $1.5 billion share buyback initiative. Steel shipments totaled 3.9 million net tons and the firm retired all remaining secured notes to enhance its liquidity position, which stood at $4 billion at the end of March 2024.
Top Stories for April 16, 2024: 1. Gold Resource (NYSE:GORO) reported preliminary Q1 results, including sales of 3,557 ounces of gold and 216,535 ounces of silver, totaling 5,965 gold equivalent ounces. The company also sold 1,682 tons of zinc, 264 tons of copper and 667 tons of lead. CEO Allen Palmiere highlighted ongoing cost reduction and efficiency efforts, the progression of the 2024 drill program aimed at resource and production enhancement and beneficial effects from rising metal prices despite a strong Mexican peso. 2. Worthington Steel (NYSE:WS) was recognized as a partner-level supplier for the 12th year in a row in the John Deere Achieving Excellence Program, the hig
U.S. stocks closed higher on Friday, with the Dow Jones index surging more than 300 points during the session. However, all three indices logged losses last week, with the Dow falling 2.27% to record its worst weekly performance in 2024, while the S&P 500 lost 0.95% during the week. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust. Benzinga's Analyst Ratings API is a collection of the highest-quality stock
Keybanc analyst Philip Gibbs maintains Worthington Steel (NYSE:WS) with a Overweight and raises the price target from $39 to $40.
U.S. stocks closed mixed on Thursday, but recorded gains last month. For March, the S&P 500 gained 3.1%, while the Dow added 2.1%. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust. Benzinga's Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily bas
The S&P 500 surged to a new all-time high on Thursday, recording its best first-quarter performance in five years. For the quarter, the S&P 500 gained 10.2%, while the Dow Jones added 5.6% during the quarter, notching its best first-quarter performance since 2021. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust. Benzinga's Analyst Ratings API is a collection of the highest-quality stock ratings curated by
10-Q - Worthington Steel, Inc. (0001968487) (Filer)
8-K - Worthington Steel, Inc. (0001968487) (Filer)
DEFA14A - Worthington Steel, Inc. (0001968487) (Filer)
DEF 14A - Worthington Steel, Inc. (0001968487) (Filer)
8-K - Worthington Steel, Inc. (0001968487) (Filer)
10-K - Worthington Steel, Inc. (0001968487) (Filer)
8-K - Worthington Steel, Inc. (0001968487) (Filer)
11-K - Worthington Steel, Inc. (0001968487) (Filer)
144 - Worthington Steel, Inc. (0001968487) (Subject)
10-Q - Worthington Steel, Inc. (0001968487) (Filer)