Worthington Steel, Inc. (NYSE:WS – Get Free Report) announced a quarterly dividend on Wednesday, June 24th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.16 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Tuesday, September 15th.
Worthington Steel Stock Up 0.8%
Shares of WS stock opened at $34.03 on Friday. Worthington Steel has a fifty-two week low of $27.22 and a fifty-two week high of $49.17. The firm has a market capitalization of $1.73 billion, a PE ratio of 24.48 and a beta of 2.27. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.92 and a current ratio of 1.46. The stock’s 50-day simple moving average is $35.44 and its 200-day simple moving average is $36.65.
Worthington Steel (NYSE:WS – Get Free Report) last released its earnings results on Thursday, June 25th. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. Worthington Steel had a return on equity of 8.87% and a net margin of 0.50%.The firm had revenue of $929.20 million during the quarter, compared to the consensus estimate of $992.00 million. During the same quarter in the previous year, the company posted $1.05 earnings per share. The company’s revenue was up 11.6% compared to the same quarter last year. Equities analysts expect that Worthington Steel will post 3.39 earnings per share for the current year.
About Worthington Steel
Worthington Steel, Inc is a steel processing company that produces value-added flat-rolled steel products for manufacturers and industrial customers. Its operations include steel slitting, cold rolling, coating, electrical steel processing and other specialized treatments designed to meet customers’ product and performance requirements.
The company supplies products and services to a range of end markets, including automotive, electrical infrastructure, construction, energy, industrial equipment and consumer products.
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