Seaport Res Ptn Issues Negative Outlook for WS Earnings

Worthington Steel, Inc. (NYSE:WS) – Seaport Res Ptn reduced their Q3 2025 EPS estimates for Worthington Steel in a note issued to investors on Tuesday, January 21st. Seaport Res Ptn analyst M. Englert now anticipates 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 Stock Down 1.7 %

Shares of NYSE:WS opened at $30.54 on Thursday. Worthington Steel has a 52-week low of $28.20 and a 52-week high of $47.19. The stock has a market cap of $1.55 billion and a price-to-earnings ratio of 10.72. The business has a 50-day moving average price of $37.36 and a 200-day moving average price of $36.12.

Worthington Steel (NYSE:WS) last issued its quarterly 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 company had revenue of $739.00 million for the quarter, compared to analyst estimates of $740.40 million. Worthington Steel had a net margin of 4.36% and a return on equity of 12.59%. The company’s revenue for the quarter was down 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.

Hedge Funds Weigh In On Worthington Steel

Several institutional investors and hedge funds have recently modified their holdings of WS. GAMMA Investing LLC increased its position in shares of Worthington Steel by 153.0% in the third quarter. GAMMA Investing LLC now owns 1,255 shares of the company’s stock valued at $43,000 after buying an additional 759 shares in the last quarter. nVerses Capital LLC acquired a new stake in Worthington Steel in the 3rd quarter valued at $71,000. Eastern Bank purchased a new stake in Worthington Steel in the 3rd quarter worth $99,000. Victory Capital Management Inc. acquired a new position in Worthington Steel during the second quarter worth $208,000. Finally, Quadrature Capital Ltd purchased a new position in Worthington Steel during the third quarter valued at $213,000. Hedge funds and other institutional investors own 45.41% of the company’s stock.

Worthington Steel Announces Dividend

The company also recently disclosed 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 2.10%. Worthington Steel’s payout ratio 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.