Worthington Steel Stock Price, News & Analysis

Sky Harbour (NYSE:WS) filed a Preliminary Limited Offering Memorandum for a proposed $100 million tax-exempt, 5-year bond issue (Series 2026 Bonds) to finance hangar campus development, with pricing targeted the week of Jan 26 after a two-week marketing period. SKYH Capital II drew approximately $13 million under its JPMorgan warehouse facility to reimburse prior capital expenditures, issuance costs, and reserves. The company amended its JPM Facility and entered a floating-to-fixed swap at a 4.73% fixed rate; the JPM Facility has $200 million capacity (expandable to $300 million).

Leasing updates: recent occupancies — ADS 87%, DVT 73%, APA 27%; an ultra-long 15-year tenant lease produced a $5.9 million upfront payment. Proceeds and facility capacity are expected to fund ~1.1M rentable sq ft of new hangars.

Worthington Steel (NYSE: WS) reported fiscal 2026 second quarter results for the period ended November 30, 2025. Net sales were $871.9 million, up 18% year-over-year. Operating income was $21.7 million and net earnings attributable to controlling interest were $18.8 million ($0.37 diluted EPS). Adjusted EBIT was $26.6 million and adjusted EPS was $0.38. Free cash flow was $74.6 million and cash totaled $89.8 million as of November 30, 2025; debt was $182.1 million (net debt $92.3 million). The board declared a $0.16 quarterly dividend payable March 27, 2026. Management cited higher direct volumes, mix shift to direct sales, and inventory spread improvement as drivers.

The company will host a conference call on December 18, 2025 at 8:30 a.m. ET.

Worthington Steel (NYSE: WS) declared a quarterly cash dividend of $0.16 per common share. The dividend is payable on March 27, 2026 to shareholders of record at the close of business on March 13, 2026.

The company will host a live conference call to discuss fiscal 2026 second quarter results on Thursday, December 18, 2025 at 8:30 a.m. ET; the call will be webcast on the company investor relations website and archived for one year.

Sky Harbour Group Corporation (NYSE: SKYH) announced Dallas City Council authorization to execute ground leases for new Home Base Operator campuses at Dallas Love Field (DAL) and Dallas Executive Airport (RBD). The additions raise Sky Harbour’s network to 23 airports nationwide, with nine locations operating and fourteen in development. Each Dallas campus will include six 37,000-square-foot SH37 hangars with adjacent suites and proprietary line-service for based tenants. The company expects the projects to create or sustain hundreds of local jobs and generate economic benefits for Dallas and the region.

Capital updates: Sky Harbour closed a $15.0M corporate loan with Yorkville (18-month term, 7.75% interest, plus 50,000 SKYH shares fee) and Stratus, its manufacturing subsidiary, closed a $9.5M Vista Bank loan (10-year term, 25-year amortization) to refinance prior indebtedness; ~$3.2M of Vista availability remains contingent on a 1.4x EBITDA-to-interest coverage test.

Sky Harbour (NYSE:WS) announced that the City of Fort Worth authorized a ground lease to develop a Home Base Operator campus at Fort Worth Meacham International Airport (FTW) on December 10, 2025. The FTW campus will be Sky Harbour's 21st nationwide HBO campus and its third in Texas, joining nine campuses in operation and eleven in development. The site is expected to include two 32,000-square-foot hangars, adjoining office and lounge suites, on-site fueling and parking, and Sky Harbour’s proprietary line service for based tenants.

The company said the project is expected to create or sustain hundreds of local jobs and deliver economic benefits to the City of Fort Worth.

M-tron Industries (NYSE American: WS) announced its Board extended the expiration of warrants granted April 25, 2025 until 5:00 p.m. ET on December 23, 2025; the warrants were previously set to expire December 11, 2025. All other warrant terms remain unchanged.

The Warrants permit five (5) warrants to purchase one share each at a $47.50 strike price, include an over-subscription privilege for additional shares from unexercised warrants, and state that no fractional shares will be issued. Exercises and payments must be received by Computershare Trust Company, N.A. by the new deadline.

Worthington Steel (NYSE: WS) said on December 6, 2025 that it is in negotiations with Klöckner & Co SE about a possible voluntary public takeover offer. The company confirmed discussions are ongoing, emphasized that no investment decision has been made, and cautioned the talks may not result in a transaction. Worthington Steel said it does not intend to provide further comment at this time.

Worthington Steel (NYSE: WS) will report its fiscal second quarter results after market close on Wednesday, December 17, 2025. The company will host a conference call to discuss results at 8:30 a.m. ET on Thursday, December 18, 2025.

A live webcast will be available on the company's Investor Relations website at www.WorthingtonSteel.com and will be archived for one year. Telephonic access uses Conference ID 5714141 and the toll-free dial-in number 888.510.2553.