WS - Worthington Steel, Inc.
Worthington Steel, Inc. is a value-added metals processor serving automotive, construction, energy, and industrial sectors. WS recently expanded its North American and European footprint with the Kloeckner acquisition, increasing operational depth. I downgraded WS from Buy to Hold in December due to patchy demand, margin pressures, and skepticism about electrical steel investments.
Worthington Steel, Inc. ( WS ) Q1 2027 Earnings Call October 7, 2026 8:30 AM EDT Company Participants Melissa Dykstra - Vice President of Corporate Communication & Investor Relations Geoffrey Gilmore - CEO, President & Director Timothy Adams - VP & CFO Conference Call Participants Samuel McKinney - KeyBanc Capital Markets Inc., Research Division John Tumazos - John Tumazos Very Independent Research, LLC Martin Englert - Seaport Research Partners Presentation Operator Thank you. Good morning, and welcome to Worthington Steel's First Quarter Fiscal Year 2027 Earnings Call.
Worthington Steel missed on earnings last night. The steel company made a major acquisition in Germany that helped to triple its quarterly sales.
Worthington Steel NYSE: WS reported first-quarter fiscal 2027 results that included Kloeckner for the first time following the June 3 acquisition, as management highlighted progress toward integrating the German metals distributor and processor amid a tight steel supply environment.
Worthington Steel, Inc. (NYSE: WS - Get Free Report) announced a quarterly dividend on Tuesday, October 6th. Investors of record on Monday, December 14th will be given a dividend of $0.16 per share on Monday, December 28th. This represents a $0.64 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date is Monday,
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), today reported financial results for the fiscal 2027 first quarter ended August 31, 2026.
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend payable on December 28, 2026, to shareholders of record on December 14, 2026.
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 December 28
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) announced today that its tailor welded blanking joint venture, TWB Company, LLC (TWB), received two supplier awards from Subaru of Indiana Automotive (SIA): the Excellent Performance Award and the Commodity Leader Award. TWB was one of only eight suppliers recognized with multiple awards among nearly 260 companies supporting SIA's operations. "These awards reflect the commitment our teams bring to serving our customers every d.
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel Signs Domination and Profit and Loss Transfer Agreement with Kloeckner & Co SE.
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel (NYSE: WS) will host a conference call to discuss its fiscal first quarter results at 8:30 a.m. ET on Wednesday, October 7, 2026.
Worthington Steel is transforming into a value-added metals platform, leveraging the Kloeckner acquisition to expand processing density and procurement efficiencies. WS's strategic shift toward direct processing, despite lower overall tonnage, enhances value capture and positions the company for higher-quality earnings. The Kloeckner deal creates significant synergy potential ($150M run-rate by FY2028), but integration risks, leverage, and electrical steel headwinds must be managed.
Owning steel stocks in 2026 has produced radically different outcomes depending on which ticker landed in a portfolio, and the spread inside a single industry tells the entire story.
Worthington Steel, Inc. (WS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel announced the start of the acceptance period for its Public Delisting Tender Offer for outstanding Kloeckner & Co SE shares.
Worthington Steel, Inc. (WS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Worthington Steel, Inc. (WS) Q4 2026 Earnings Call Transcript
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., a market-leading, value-added metals processing company, today reported financial results for the fiscal 2026 fourth quarter.
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
COLUMBUS, Ohio--(BUSINESS WIRE)--The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share.