Worthington Steel Stock Price, News & Analysis

Worthington Steel (NYSE: WS) reported its Q4 and full-year fiscal 2025 results, with Q4 net sales decreasing 9% to $832.9 million from $911.0 million year-over-year. Q4 net earnings per diluted share increased to $1.10 from $1.06 in the previous year.

The company completed several strategic initiatives, including finalizing an agreement to acquire a controlling stake in Italy-based Sitem Group, which closed on June 3, 2025. Notable achievements include being named Columbus's #1 Top Workplace and receiving supplier awards from General Motors and John Deere.

Financial performance showed mixed results with operating income slightly decreasing to $66.4 million from $67.3 million, while maintaining a strong balance sheet with $38.0 million in cash and cash equivalents. The company declared a quarterly dividend of $0.16 per share.

Worthington Steel (NYSE: WS) has appointed Mark Davis to its Board of Directors and Audit Committee, effective immediately. Davis, currently co-chair of Lank Acquisition Corp., brings over 30 years of experience in investment banking and corporate finance, including senior leadership roles at JPMorgan Chase.

Davis's extensive background includes overseeing JPMorgan's Mergers and Acquisitions Group and Investment Banking operations. He previously held positions at Salomon Brothers and Kidder, Peabody & Co. His board experience includes serving on Worthington Enterprises, Scott Paper Co., and Valassis Industries Inc. Davis holds an MBA from the Tuck School of Business and a bachelor's degree from Dartmouth College.

Worthington Steel (NYSE: WS) has announced a quarterly dividend of $0.16 per common share. The dividend will be paid on September 26, 2025, to shareholders of record as of September 12, 2025.

Additionally, the company will host a conference call to discuss its fiscal 2025 fourth quarter results on June 26, 2025, at 8:30 a.m. ET. The call will be available via webcast on the company's Investor Relations website and will be archived for one year.

Worthington Steel (NYSE: WS) has scheduled its fiscal fourth quarter 2025 earnings release and conference call. The company will publish its financial results after market close on Wednesday, June 25, 2025. Management will host a conference call to discuss the quarterly performance the following day, Thursday, June 26, 2025, at 8:30 a.m. ET. Investors can access the live webcast through the Investor Relations section of Worthington Steel's website at www.WorthingtonSteel.com, where it will remain archived for one year. For those preferring to dial in, the toll-free number is 888.510.2553 with conference ID 5714141.

Worthington Steel (NYSE: WS) has acquired a 52% controlling stake in Italy-based Sitem Group through its subsidiary Tempel Steel Company. Sitem Group, a leading European producer of electric motor laminations, operates six manufacturing facilities across Italy, Switzerland, Slovakia and France. The transaction involved cash investment, share acquisition from existing shareholders, and the contribution of Worthington's Nagold, Germany facility. The existing leadership team, including Chairman Fabrizio Scarca, CEO Marco Bartoloni, and CPO Gabriella Scarca, will continue to lead Sitem Group from its Trevi, Italy headquarters. This strategic acquisition aligns with Worthington Steel's long-term goal of expanding in high-value electrical steel applications and strengthens its position in the European electric motor lamination market.

M-tron Industries (NYSE American: MPTI) announced its participation in the East Coast IDEAS Investor Conference on June 11, 2025, at The Westin Times Square in New York. Interim CEO Cameron Pforr and President Bill Drafts will deliver a presentation at 3:30 p.m. ET, which will be accessible via webcast. The presentation will focus on Mtron's progress in defense, aerospace, and commercial avionics sectors. The company manufactures radio frequency components used in critical applications including precision guided munitions, radar, electronic warfare, airframes, drones/UAVs, and space systems. Mtron emphasizes its strategic role in U.S. national security as a domestic manufacturer serving both the U.S. Department of Defense and allied nations.

Southland Holdings (NYSE: SLND) has appointed Donald Graul as Chief Strategy Officer. Graul brings significant industry expertise from previous executive positions at AECOM, Parsons, and most recently as CEO of The Branch Group. His experience includes direct involvement in infrastructure projects exceeding $60 billion in construction costs.

Graul's industry recognition includes board memberships with the American Road & Transportation Builders Association and The Beavers Construction Group, as well as membership in the National Academy of Construction. Southland's CEO Frank Renda emphasized Graul's three decades of strategic and operational expertise as valuable assets for enhancing client service and organizational strength.

Sky Harbour Group (NYSE: SKYH) reported strong Q1 2025 results, highlighting significant growth and expansion. Q1 consolidated revenues surged 133% YoY and 20% QoQ. The company's constructed assets and construction in progress exceeded $275 million, with consolidated cash and US Treasuries totaling $97.4 million. Net cash used in operating activities was $5.1 million.

The company announced the opening of new campuses at Phoenix Deer Valley Airport (DVT) and Dallas-Addison Airport (ADS), with Denver's Centennial Airport (APA) scheduled to open in June. Sky Harbour expanded its portfolio by executing new ground leases at Seattle's Boeing Field (BFI), Hillsboro Airport (HIO), and Stewart International Airport (SWF). The company maintains its guidance of reaching breakeven operating cash flow/adjusted EBITDA by year-end 2025 and expects to secure five additional hangar ground leases by year-end 2025.

Southland Holdings (NYSE: SLND) reported its Q1 2025 financial results. The company saw revenue decrease by 16.9% to $239.5 million compared to $288.1 million in Q1 2024. Despite lower revenue, gross profit increased to $21.5 million with improved margins of 9.0% vs 7.1% year-over-year. The company reported a net loss of $4.6 million ($0.08 per share), compared to a loss of $0.4 million ($0.01 per share) in Q1 2024. EBITDA declined to $10.1 million from $10.9 million. The company maintains a strong backlog of $2.47 billion. The Civil segment showed strong performance with 22% gross profit margin, while Transportation segment reported a loss. Interest expenses increased significantly to $8.9 million from $5.7 million year-over-year.