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Worthington Steel, Inc. (WS)

Basic Materials | Steel | Columbus, United States | NYSE
32.80 USD -0.25 (-0.756%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 6:54 a.m. EDT

The investment case for Worthington Steel is currently broken by deteriorating fundamentals and a hostile technical environment. The company recently swung to a loss driven by $112 million in impairments and restructuring costs, while earnings and revenue have lagged estimates. This operational distress is reflected in the balance sheet, which shows a dangerously high debt-to-equity ratio of 27.7, leaving little room for error in a cyclical industry. Although the forward P/E looks attractive at 13x, it is pricing in a recovery that hasn't materialized yet, given the trailing P/E of 97 and razor-thin profit margins. The stock has also suffered a multi-month downtrend, trading well below its 50-day moving average, confirming a lack of institutional support. On the income side, the 2% dividend yield is insufficient to offset the capital destruction risk posed by the company's leverage and recent losses. While the options market is screaming 'sell,' the fundamental reality is that the business is currently bleeding value.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_93 ✓0.070100
MSTL0.110006
AutoTheta0.123272
AutoETS0.124738
AutoARIMA0.124742

Forecast horizon: 60 days | Selected: MSTL_93

Forecast Reliability
Score 36%
H-stat 1.97
Ljung-Box p 0.000
Jarque-Bera p 0.015
Excess Kurtosis -0.21
Attribute Value
Sector Basic Materials
Ex Dividend Date 2026-09-14
Last Dividend Date 2026-06-11
Debt to Equity Ratio 28.054
Revenue per Share 69.153
Market Cap 1,637,385,728
Trailing P/E 96.47
Forward P/E 13.12
Beta 2.32
Profit Margins 0.25%
Website https://www.worthingtonsteel.com

As of July 11, 2026, 6:54 a.m. EDT: Speculators are heavily positioning for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 25 and 30) compared to negligible call volume. While there is some speculative call buying at the 40 strike, the overwhelming volume imbalance in puts suggests a consensus expectation of further weakness or a significant drop below current levels.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.37% 1.79%
Dividend History
Date Dividend Yield %
2026-06-12 0.16 0.368239
2026-03-13 0.16 0.495203
2025-12-12 0.16 0.446553
2025-09-12 0.16 0.480048
2025-06-13 0.16 0.650406
2025-03-14 0.16 0.600826
2024-12-13 0.16 0.379867
2024-09-13 0.16 0.487656
2024-06-14 0.16 0.538721
2024-03-13 0.16 0.526316
Additional Data
dividendRate 0.64
dividendYield 1.95
exDividendDate 2026-09-15
trailingAnnualDividendRate 0.64
trailingAnnualDividendYield 0.0193646
lastDividendValue 0.16
lastDividendDate 2026-06-12
dividendDate 2026-09-29

Info Dump

Attribute Value
52 Week Change 0.022903085
Address1 100 West Old Wilson Bridge Road
All Time High 49.17
All Time Low 21.0
Ask 0.0
Ask Size 200
Audit Risk 6
Average Daily Volume10 Day 453,930
Average Daily Volume3 Month 288,704
Average Volume 288,704
Average Volume10Days 453,930
Beta 2.322
Bid 0.0
Bid Size 200
Board Risk 7
Book Value 22.53
City Columbus
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 6
Country United States
Crypto Tradeable 0
Currency USD
Current Price 32.8
Current Ratio 1.456
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 34.09
Day Low 32.72
Debt To Equity 28.054
Display Name Worthington Steel
Dividend Date 1,790,640,000
Dividend Rate 0.64
Dividend Yield 1.95
Earnings Call Timestamp End 1,782,390,600
Earnings Call Timestamp Start 1,782,390,600
Earnings Timestamp 1,782,331,200
Earnings Timestamp End 1,782,331,200
Earnings Timestamp Start 1,782,331,200
Ebitda 229,600,000
Ebitda Margins 0.06667
Enterprise To Ebitda 9.175
Enterprise To Revenue 0.612
Enterprise Value 2,106,685,824
Eps Current Year 2.55
Eps Forward 2.5
Eps Trailing Twelve Months 0.34
Esg Populated 0
Ex Dividend Date 1,789,430,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 39.0726
Fifty Day Average Change -6.272602
Fifty Day Average Change Percent -0.1605371
Fifty Two Week Change Percent 2.2903085
Fifty Two Week High 49.17
Fifty Two Week High Change -16.369999
Fifty Two Week High Change Percent -0.33292657
Fifty Two Week Low 27.22
Fifty Two Week Low Change 5.58
Fifty Two Week Low Change Percent 0.20499633
Fifty Two Week Range 27.22 - 49.17
Financial Currency USD
First Trade Date Milliseconds 1,701,181,800,000
Float Shares 44,066,145
Forward Eps 2.5
Forward P E 13.12
Free Cashflow 90,725,000
Full Exchange Name NYSE
Full Time Employees 6,000
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.11711001
Gross Profits 403,300,000
Has Pre Post Market Data 1
Held Percent Insiders 0.36865002
Held Percent Institutions 0.56856
Implied Shares Outstanding 49,920,298
Industry Steel
Industry Disp Steel
Industry Key steel
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,781,222,400
Last Dividend Value 0.16
Last Fiscal Year End 1,780,185,600
Long Business Summary Worthington Steel, Inc. operates as a steel processor in North America. The company offers carbon flat-rolled steel and tailor welded blanks, as well as automotive and electrical steel lamination stampings; and aluminum tailor welded blanks. It also offers warehousing, logistics, and materials management services. It serves automotive, construction, machinery and equipment, heavy truck, agriculture, and energy sectors. The company was incorporated in 2023 and is headquartered in Columbus, Ohio.
Long Name Worthington Steel, Inc.
Market us_market
Market Cap 1,637,385,728
Market State PRE
Max Age 86,400
Message Board Id finmb_1802757291
Most Recent Quarter 1,780,185,600
Net Income To Common 8,500,000
Next Fiscal Year End 1,811,721,600
Non Diluted Market Cap 1,637,385,774
Number Of Analyst Opinions 1
Open 33.19
Operating Cashflow 201,200,000
Operating Margins 0.05725
Overall Risk 7
Payout Ratio 1.8824
Phone 614 840 3462
Previous Close 33.05
Price Eps Current Year 12.862745
Price Hint 2
Price To Book 1.4558365
Price To Sales Trailing12 Months 0.475459
Profit Margins 0.00247
Quick Ratio 0.767
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.25
Regular Market Change Percent -0.75643
Regular Market Day High 34.09
Regular Market Day Low 32.72
Regular Market Day Range 32.72 - 34.09
Regular Market Open 33.19
Regular Market Previous Close 33.05
Regular Market Price 32.8
Regular Market Time 1,783,972,802
Regular Market Volume 131,989
Return On Assets 0.043130003
Return On Equity -0.01048
Revenue Growth 0.116
Revenue Per Share 69.153
Sand P52 Week Change 0.20847368
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 9
Shares Outstanding 49,920,298
Shares Percent Shares Out 0.031600002
Shares Short 1,576,396
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,595,163
Short Name Worthington Steel, Inc.
Short Percent Of Float 0.061100002
Short Ratio 4.07
Source Interval 15
State OH
Symbol WS
Target High Price 46.0
Target Low Price 46.0
Target Mean Price 46.0
Target Median Price 46.0
Total Cash 84,600,000
Total Cash Per Share 1.695
Total Debt 354,300,000
Total Revenue 3,443,800,064
Tradeable 0
Trailing Annual Dividend Rate 0.64
Trailing Annual Dividend Yield 0.0193646
Trailing Eps 0.34
Trailing P E 96.47059
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 36.29425
Two Hundred Day Average Change -3.4942513
Two Hundred Day Average Change Percent -0.09627561
Type Disp Equity
Volume 131,989
Website https://www.worthingtonsteel.com
Zip 43,085