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Worthington Steel, Inc. (WS)

Basic Materials | Steel | Columbus, United States | NYSE
38.75 USD -0.45 (-1.148%) ⇩ (Oct. 14, 2026, 4 p.m. EDT)
After hours: 38.71 -0.04 (-0.040%) ⇩ (Oct. 14, 2026, 4:15 p.m. EDT)

Short-term:★★★☆☆Long-term:★★☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | Oct. 10, 2026, 4 a.m. EDT

The immediate outlook is defined by a stark divergence between a recovering price trend and deteriorating fundamentals. While the stock has staged a technical rebound, snapping off its 23.8% decline over the last four months and trading above its 50-day moving average, the underlying business is under severe stress. The company is currently unprofitable with negative trailing EPS and negative free cash flow, supported by a massive debt load that dwarfs its equity base. The balance sheet is fragile, with a debt-to-equity ratio exceeding 150%, which severely limits operational flexibility. Despite the bleak fundamentals, the valuation appears compressed, trading at less than half its book value and with a forward P/E that suggests analysts expect a turnaround soon. However, the market is pricing in significant risk; the options chain reveals a heavy concentration of put buying, establishing a defensive floor that suggests investors fear further downside rather than betting on a surge. The recent news of soft earnings being 'better than they appear' offers a narrative of resilience, but without sustained profitability and a deleveraging strategy, the long-term investment case remains weak. The stock is a speculative contrarian play waiting for a catalyst to prove the turnaround, rather than a solid buy-and-hold opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.069065
AutoETS0.073641
AutoARIMA0.073839
AutoTheta0.078368

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 39%
H-stat 11.16
Ljung-Box p 0.000
Jarque-Bera p 0.348
Excess Kurtosis -1.04
Attribute Value
Sector Basic Materials
Ex Dividend Date 2026-12-13
Last Dividend Date 2026-09-14
Debt to Equity Ratio 152.597
Revenue per Share 106.162
Market Cap 1,940,267,264
Forward P/E 8.33
Beta 2.23
Profit Margins -0.72%
Website https://www.worthingtonsteel.com

As of Oct. 10, 2026, 4 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts (strikes 25 and 30) relative to calls. This creates a distinct 'put wall' suggesting a floor around 25-30, while call activity remains thin and concentrated near the money, indicating limited speculative appetite for a rapid breakout despite the recent price recovery.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.49% 1.80% — —
Dividend History
Date Dividend Yield %
2026-09-15 0.16 0.492914
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
dividendYield 1.63
exDividendDate 2026-12-14
trailingAnnualDividendRate 0.64
trailingAnnualDividendYield 0.01632653
lastDividendValue 0.16
lastDividendDate 2026-09-15
dividendDate 2026-12-28

Info Dump

Attribute Value
52 Week Change 0.26344967
Address1 100 West Old Wilson Bridge Road
All Time High 49.17
All Time Low 21.0
Ask 0.0
Ask Size 300
Audit Risk 2
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 627,950
Average Daily Volume3 Month 315,680
Average Volume 315,680
Average Volume10Days 627,950
Beta 2.226
Bid 0.0
Bid Size 300
Board Risk 7
Book Value 20.617
City Columbus
Compensation As Of Epoch Date 1,798,675,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 38.75
Current Ratio 1.814
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 38.97
Day Low 37.69
Debt To Equity 152.597
Display Name Worthington Steel
Dividend Date 1,798,416,000
Dividend Yield 1.63
Earnings Call Timestamp End 1,791,376,200
Earnings Call Timestamp Start 1,791,376,200
Earnings Timestamp 1,791,316,800
Earnings Timestamp End 1,797,451,200
Earnings Timestamp Start 1,797,451,200
Ebitda 404,300,000
Ebitda Margins 0.07632
Enterprise To Ebitda 12.255
Enterprise To Revenue 0.935
Enterprise Value 4,954,667,008
Eps Forward 4.65
Eps Trailing Twelve Months -0.66
Esg Populated 0
Ex Dividend Date 1,797,206,400
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 35.7482
Fifty Day Average Change 3.0018005
Fifty Day Average Change Percent 0.08397068
Fifty Two Week Change Percent 26.344967
Fifty Two Week High 49.17
Fifty Two Week High Change -10.419998
Fifty Two Week High Change Percent -0.2119178
Fifty Two Week Low 27.22
Fifty Two Week Low Change 11.530001
Fifty Two Week Low Change Percent 0.42358562
Fifty Two Week Range 27.22 - 49.17
Financial Currency USD
First Trade Date Milliseconds 1,701,181,800,000
Float Shares 44,235,088
Forward Eps 4.65
Forward P E 8.333333
Free Cashflow -1,375,512,448
Full Exchange Name NYSE
Full Time Employees 12,000
Fullday Change 1.2099991
Fullday Change Percent 3.1850462
Fullday Price 38.75
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.13087
Gross Profits 693,299,968
Has Pre Post Market Data 1
Held Percent Insiders 0.36527002
Held Percent Institutions 0.57523996
Implied Shares Outstanding 50,071,412
Industry Steel
Industry Disp Steel
Industry Key steel
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,789,430,400
Last Dividend Value 0.16
Last Fiscal Year End 1,780,185,600
Long Business Summary Worthington Steel, Inc., together with its subsidiaries, operates as a steel processor in the United States, Canada, Mexico, and internationally. The company offers carbon flat-rolled steel processing services, including pickling, specialty re-rolling, hot dip galvanizing, blanking, slitting, and cutting-to-length; laser welded solutions; precision magnetic steel laminations for the automotive, industrial motor, generator, and transformer industries; tailor and aluminum tailor welded blanks; steel toll processing services for steel mills, large end-users, and service centers; and automotive and electrical steel lamination stampings. It serves the automotive, construction, machinery and equipment, agriculture, heavy truck, and energy sectors. Worthington Steel, Inc. was incorporated in 2023 and is headquartered in Columbus, Ohio.
Long Name Worthington Steel, Inc.
Market us_market
Market Cap 1,940,267,264
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1802757291
Most Recent Quarter 1,788,134,400
Net Income To Common -33,400,000
Next Fiscal Year End 1,811,721,600
Non Diluted Market Cap 1,768,357,145
Number Of Analyst Opinions 1
Open 38.07
Operating Cashflow 217,000,000
Operating Margins 0.08036
Overall Risk 6
Payout Ratio 3.7647
Phone 614 840 3462
Post Market Change -0.040000916
Post Market Change Percent -0.10322817
Post Market Price 38.71
Post Market Time 1,792,008,945
Previous Close 39.2
Price Hint 2
Price To Book 1.8795168
Price To Sales Trailing12 Months 0.36626092
Profit Margins -0.00723
Quick Ratio 0.792
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -0.450001
Regular Market Change Percent -1.14796
Regular Market Day High 38.97
Regular Market Day Low 37.69
Regular Market Day Range 37.69 - 38.97
Regular Market Open 38.07
Regular Market Previous Close 39.2
Regular Market Price 38.75
Regular Market Time 1,792,008,002
Regular Market Volume 489,418
Return On Assets 0.047280002
Return On Equity -0.03405
Revenue Growth 2.124
Revenue Per Share 106.162
Sand P52 Week Change 0.1570785
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Share Holder Rights Risk 9
Shares Outstanding 50,071,412
Shares Percent Shares Out 0.0342
Shares Short 1,713,970
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 1,603,195
Short Name Worthington Steel, Inc.
Short Percent Of Float 0.0661
Short Ratio 5.45
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 248,200,000
Total Cash Per Share 4.957
Total Debt 2,594,599,936
Total Revenue 5,297,500,160
Tradeable 0
Trailing Annual Dividend Rate 0.64
Trailing Annual Dividend Yield 0.01632653
Trailing Eps -0.66
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 37.33415
Two Hundred Day Average Change 1.4158516
Two Hundred Day Average Change Percent 0.03792377
Type Disp Equity
Volume 489,418
Website https://www.worthingtonsteel.com
Zip 43,085