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Worthington Steel (WS) Stock News

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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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Worthington Steel (WS) has signed a domination and profit and loss transfer agreement (DPLTA) with Kloeckner & Co SE via its wholly owned subsidiary Worthington Steel GmbH.

The agreement follows Worthington Steel’s voluntary public takeover offer for Kloeckner completed on June 3, 2026, and Kloeckner’s delisting from the Frankfurt Stock Exchange effective August 12, 2026. The DPLTA requires approval by at least 75% of the share capital represented at an extraordinary Kloeckner general meeting, expected on October 23, 2026. Subject to shareholder approval, completion of remaining steps and registration in the commercial register, the DPLTA may become effective at the earliest on January 1, 2027.

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Worthington Steel (WS) will report fiscal first quarter 2027 results after the market closes on Tuesday, October 6, 2026, and discuss them on a conference call.

The live call is scheduled for 8:30 a.m. ET on Wednesday, October 7, 2026. Investors can access the call by registering online via the provided link, and a live webcast will be available and archived for one year in the Investor Relations section of the company’s website.

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Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) announced an updated investor conference calendar, the filing of monthly construction reports and an increase to its recent registered direct common stock placement. The company executed a third stock purchase agreement to sell 1 million shares to M-Cor Capital at $10.00 per share, adding $10 million in expected proceeds, with closing targeted on or before August 26, 2026.

According to Sky Harbour, existing investors in the initial tranche granted waivers to a 90-day lock-up agreement to permit this additional issuance, and no further waivers are expected. The company plans to use the new capital to support future hangar developments and other corporate purposes, and it has filed required construction reports for Portfolio I and II with EMMA/MSRB.

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Southland Holdings (NYSE American: SLND, SLND WS) entered into a Financial Assistance Agreement with certain surety partners and executed a Second Amendment to its Credit Agreement, both dated August 13, 2026, with retroactive effective dates of October 1, 2025 and March 17, 2026, respectively.

The agreement formalizes financing support on bonded projects, including $58.97 million of Bonding Surety Financing at 4% interest and $150.86 million of Non-Bonding Financing as of June 30, 2026. Southland expects to convert $150.86 million of Non-Bonding Financing into senior non-voting perpetual preferred shares with a $1,000 stated value, ranking ahead of other equity, by September 30, 2026, subject to loss-adjustment mechanisms and potential reclassification back to unsecured debt.

The remaining Non-Bonding Financing stays as unsecured, non-interest-bearing obligations with specified cash-flow based payments and potential forgiveness if project losses stay within 20% of expected levels. The Credit Agreement amendment reduces the term loan rate to 4.00% per annum, switches to paid-in-kind interest, suspends quarterly amortization and certain financial covenants, with prior terms potentially reinstated upon default-related events.

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Southland Holdings (NYSE American: SLND, SLND WS) reported second quarter 2026 revenue of $113.3 million, down 47.4% from $215.4 million a year earlier, driven mainly by unfavorable changes in estimates on unresolved contract modifications and claims, including cumulative catch-up adjustments reducing revenue by $102.3 million.

The quarter showed a gross loss of $71.2 million versus $13.0 million gross profit in 2025 and a net loss attributable to stockholders of $84.3 million, or $(1.55) per share, compared with a $10.3 million loss, or $(0.19) per share. EBITDA was $(73.4) million, versus $4.2 million. For the first six months of 2026, revenue was $285.7 million (down 37.2%), with a $76.0 million gross loss and $112.6 million net loss attributable to stockholders.

Backlog at June 30, 2026 was $1.68 billion. The balance sheet shows total assets of $784.7 million, total liabilities of $1.03 billion and a stockholders’ deficit of $253.5 million, with surety payable increasing to $298.9 million.

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Sky Harbour Group (NYSE: SKYH, SKYH WS) reported Q2 2026 results, highlighting strong growth and liquidity. Constructed assets and construction in progress reached over $393 million, up $65 million year-to-date. Consolidated Q2 revenues rose about 50% year-over-year and 13% sequentially, with the first quarter of recurrent positive operating cash flow (~$0.5 million).

Cash and US Treasuries totaled $206.9 million at quarter-end, plus $130.2 million of remaining capacity under the JP Morgan construction facility, excluding a $40 million registered direct equity issuance at $10.00 per share that closed August 12. Obligated Group revenues grew 79% year-over-year, debt covenants are in compliance, and multiple campus phases are operating or under construction. Leasing metrics show high occupancies, rent escalations averaging 19% on re-leases, and some locations exceeding 100% economic occupancy. Sky Harbour reaffirmed year-end 2026 guidance for annualized consolidated revenue of $42–46 million and Adjusted EBITDA of $4–6 million.

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Southland Holdings (NYSE American: SLND, SLND WS) announced it will release its second quarter 2026 financial results on Wednesday, August 12, 2026, after market close. The company will host a related conference call on Thursday, August 13, 2026, at 10:00 a.m. Eastern Time, accessible via its website, where a replay will also be available.

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Sky Harbour Group (NYSE: SKYH, SKYH WS) will release its Second Quarter 2026 financial results and file its Form 10-Q after market close on Wednesday, August 12, 2026. The company will host a public investor webcast and audio-only conference call at 5:00 p.m. ET the same day, including a Q&A session with leadership and replay access via its investor relations website.

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Southland Holdings (NYSE American: SLND, SLND WS) reported that Red River Biosolids Partners, a joint venture of Aecon, MWH Constructors, and Southland subsidiary Oscar Renda Contracting of Canada (each holding 33.3%), has been awarded an approximately $815 million CAD progressive design-build contract by the City of Winnipeg for the NEWPCC Sewage Treatment Plant Upgrade – Biosolids Facilities project.

According to Southland, its approximate $272 million CAD share will be added to the Civil segment backlog in Q3 2026. Construction will now proceed, with upgraded facilities operations expected in Q4 2030 and final completion in Q2 2031, enhancing Winnipeg’s largest wastewater plant and supporting environmental and economic objectives.

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Southland Holdings (NYSE American: SLND, SLND WS) announced it has been awarded approximately $25 million in new construction projects through its subsidiaries American Bridge Company and Oscar Renda Contracting.

American Bridge Company received multiple Caribbean marine and port facility contracts, including design-build installation of a conventional buoy mooring system, quay crane hurricane tie-down systems, and rock revetment and breakwater construction. In the U.S. Southwest, Oscar Renda Contracting was awarded various emergency water infrastructure projects.

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FAQ

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

The current stock price of Worthington Steel (WS) is $33.9 as of September 12, 2026.

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

The market cap of Worthington Steel (WS) is approximately 1.7B.