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Worthington Steel (WS) Stock News

WS NYSE

Welcome to our dedicated page for Worthington Steel news (Ticker: WS), a resource for investors and traders seeking the latest updates and insights on Worthington Steel stock.

Worthington Steel, Inc. reports company news centered on value-added steel processing, quarterly and annual operating results, dividends, conference calls and corporate updates. Its business updates describe carbon flat-rolled steel processing, electrical steel laminations, tailor welded products and related capabilities such as galvanizing, pickling, configured blanking, specialty cold reduction and lightweighting.

Worthington Steel news also includes disclosures about material agreements, capital-structure matters and shareholder-related developments when they affect the company’s public reporting. The recurring news record reflects a NYSE-listed Ohio company with steel-processing operations across the United States and international markets.

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Sky Harbour Group (NYSE:SKYH, SKYH WS) reported Q1 2026 results and introduced year-end 2026 guidance. Constructed assets and construction in progress exceeded $350 million, up $75 million year-over-year. Q1 consolidated revenue rose 56% YoY and 8.3% QoQ, while net cash used in operations improved to $3.9 million.

Liquidity included $187.6 million in cash and Treasuries plus $180.6 million of undrawn JP Morgan construction capacity. The company issued $150 million of subordinated bonds and guided to year-end annualized revenue of $42–46 million and Adjusted EBITDA of $4–6 million.

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Southland Holdings (NYSE American: SLND) reported Q1 2026 revenue of $172.4 million, down 28% year-over-year. The company recorded a gross loss of $4.8 million and a net loss attributable to stockholders of $28.4 million, with EBITDA of -$14.1 million.

Backlog stood at $1.88 billion. Civil segment revenue was $103.8 million with a 14.1% gross margin, while Transportation posted a $19.4 million gross loss. Operating cash flow was -$133.9 million, and Southland reported a stockholders’ equity deficit of $168.9 million.

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Sky Harbour (NYSE: WS) will release its First Quarter 2026 financial results and file its Form 10-Q after market close on May 14, 2026, and will host a public investor webcast and conference call at 5:00 PM ET the same day. The company will review quarterly results, provide a general business update, and hold a Q&A with leadership. The live webcast and a replay will be available in the Upcoming Events section of the company investor relations website; audio dial-in details and a webcast link are provided for participants.

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Southland Holdings (NYSE American: WS) will release Q1 2026 results on Tuesday, May 12, 2026 after market close and will host a conference call at 10:00 a.m. Eastern Time on Wednesday, May 13, 2026.

According to Southland, the call can be accessed via the company website and a replay will be available following the call.

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Worthington Steel (NYSE: WS) earned John Deere Partner-level supplier status for the 14th consecutive year and received John Deere’s inaugural Community Engagement Award on April 20, 2026.

The company reported nearly 5,000 employee volunteer hours in 2025 and a $3.1 million contribution from The Worthington Companies Foundation to 73 nonprofit organizations, citing its “70 for Good” employee initiative and ongoing supply relationships with multiple John Deere manufacturing sites.

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Worthington Steel (NYSE: WS) exceeded the minimum acceptance threshold in its voluntary tender for Kloeckner & Co, securing approximately 58.8% of issued share capital as of March 26, 2026.

The all-cash offer is €11.00 per share (a 98% premium to the undisturbed 3-month VWAP). An additional acceptance period runs April 1–14, 2026; completion is subject to regulatory approvals and expected in H2 2026. Worthington plans a DPLTA and may consider delisting or squeeze-out post-completion.

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Worthington Steel (NYSE: WS) was named a Columbus Top Workplace by Columbus CEO magazine on March 30, 2026, marking the 14th consecutive year the company earned this recognition.

The award is based entirely on confidential employee survey feedback and includes a special Managers award for positive manager-driven employee development and care.

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Southland (NYSE:WS) reported sharply lower revenue and large losses for Q4 and full year 2025. Q4 revenue was $104.0M (down 61.1% YoY) with a $193.4M gross loss; Q4 net loss was $216.4M or $(4.00) per share. Full‑year revenue was $772.2M (down 21.2% YoY) and net loss was $306.5M or $(5.67) per share.

The company recorded a $135.8M charge related to an adverse Washington State Convention Center ruling, has a $2.03B backlog, obtained $116M of surety support, and completed a senior credit restructure where sureties assumed $110M of debt with payment forbearance.

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Southland (NYSE American: WS) received notice to proceed on three civil projects totaling approximately $118 million through subsidiary Oscar Renda Contracting, added to fourth quarter 2025 backlog.

Projects: a $48M data center chilled-water installation (completion 2026), a $40M Capers Ridge pump station expansion (completion 2027) to raise capacity from 240 MGD to 500 MGD, and a $30M NE Reservoir pump station & transmission main in Cape Coral (completion 2027).

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Worthington Steel (NYSE: WS) reported fiscal 2026 third quarter results: net sales $769.8M (+12% YoY) and operating income $3.1M (down from $18.3M). Adjusted EBIT was $20.0M. The company launched a voluntary tender offer for Kloeckner at €11/share and declared a quarterly dividend of $0.16 per share.

Cash was $90.0M, debt $251.4M (net debt $161.4M). Completion of the Kloeckner acquisition is expected in H2 2026, pending approvals.

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FAQ

What is the current stock price of Worthington Steel (WS)?

The current stock price of Worthington Steel (WS) is $38.93 as of May 15, 2026.

What is the market cap of Worthington Steel (WS)?

The market cap of Worthington Steel (WS) is approximately 2.1B.