Worthington Steel (WS) Expected to Announce Quarterly Earnings on Wednesday

Worthington Steel (NYSE:WS) is projected to announce its Q3 2026 results after the market closes on Wednesday, March 25th. Analysts expect the company to announce earnings of $0.47 per share and revenue of $882.95 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, March 26, 2026 at 8:30 AM ET.

Worthington Steel Price Performance

Shares of NYSE:WS opened at $32.65 on Tuesday. The company has a quick ratio of 1.09, a current ratio of 1.80 and a debt-to-equity ratio of 0.04. The stock has a market cap of $1.66 billion, a PE ratio of 18.34 and a beta of 1.62. The company’s fifty day moving average is $40.29 and its 200 day moving average is $35.61. Worthington Steel has a 52 week low of $21.30 and a 52 week high of $49.17.

Insider Transactions at Worthington Steel

In other Worthington Steel news, Director Scott J. Kelly bought 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The shares were bought at an average cost of $39.11 per share, with a total value of $273,770.00. Following the completion of the purchase, the director directly owned 16,157 shares of the company’s stock, valued at $631,900.27. This trade represents a 76.44% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Jon J. Bowsher purchased 2,500 shares of the stock in a transaction on Friday, January 30th. The shares were acquired at an average cost of $40.15 per share, with a total value of $100,375.00. Following the transaction, the director directly owned 17,893 shares in the company, valued at $718,403.95. The trade was a 16.24% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 2.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio grew its stake in Worthington Steel by 1.5% in the third quarter. Public Employees Retirement System of Ohio now owns 28,143 shares of the company’s stock worth $855,000 after purchasing an additional 406 shares during the period. LPL Financial LLC lifted its position in Worthington Steel by 3.6% during the fourth quarter. LPL Financial LLC now owns 21,841 shares of the company’s stock valued at $756,000 after buying an additional 753 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Worthington Steel by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,346 shares of the company’s stock valued at $490,000 after buying an additional 841 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of Worthington Steel by 50.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,492 shares of the company’s stock valued at $104,000 after buying an additional 1,178 shares in the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of Worthington Steel by 15.8% in the 3rd quarter. Raymond James Financial Inc. now owns 9,449 shares of the company’s stock worth $287,000 after buying an additional 1,291 shares during the period. Institutional investors own 45.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on WS. KeyCorp raised their price objective on Worthington Steel from $36.00 to $39.00 and gave the company an “overweight” rating in a research note on Tuesday, December 16th. Zacks Research upgraded Worthington Steel from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Weiss Ratings restated a “hold (c)” rating on shares of Worthington Steel in a research report on Wednesday, January 21st. Finally, Wall Street Zen upgraded Worthington Steel from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 28th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $39.00.

Worthington Steel Company Profile

Worthington Steel (NYSE: WS) is a leading North American steel processor specializing in the production of flat-rolled, coated and painted sheet and coil products. Operating as a wholly owned subsidiary of Worthington Industries, the company serves a broad range of industries, including construction, automotive, appliance, energy and agricultural equipment. Its core business activities encompass the processing, finishing and distribution of carbon and advanced high-strength steels, aluminum and stainless products to manufacturers across the continent.

The company’s product portfolio includes hot-dip galvanizing, galvannealed, aluminized and pre-painted steel products, as well as cold-rolled and hot-rolled coil.