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. (WS) stands as a top-tier value-added steel processor in North America, known for its expansive range of products and services. The company excels in the carbon flat-rolled steel sector and the tailor-welded blanks segments, offering solutions to a variety of end markets.
Worthington Steel's core business involves processing steel to create high-quality products for industries such as automotive, construction, and manufacturing. The company prides itself on its market-leading positions and its commitment to innovation and sustainability in steel processing.
Recent achievements include advances in technology and strategic partnerships aimed at enhancing production efficiency and product quality. The company continuously explores new projects to expand its market reach and improve its financial health, showcasing a strong commitment to growth and development.
Worthington Steel's dedication to excellence is evident in its financial condition, with sustained profitability and a robust balance sheet. The company collaborates with industry leaders and leverages its expertise to deliver superior value to its stakeholders.
Current Projects:
- Expansion of production capabilities in the carbon flat-rolled steel sector.
- Development of innovative tailor-welded blanks to meet industry demands.
- Strategic partnerships to enhance sustainability and efficiency.
By providing diverse and high-quality products, Worthington Steel remains a key player in the steel processing industry, poised for continued success and growth.
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Vicarious Surgical Inc. (RBOT) to participate in TD Cowen 44th Annual Healthcare Conference, presenting on March 5, 2024, aiming to enhance patient outcomes and surgical efficiency.
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Vicarious Surgical Inc. (RBOT) will report financial results for Q4 and full year 2023 on March 4, 2024. The company aims to enhance surgical procedures through robotics technology.
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Vicarious Surgical Inc. announced the appointment of Randy Clark as President, effective January 29, 2024. Clark will oversee core business functions and is expected to play a crucial role in shaping the company's future success. With over 20 years of experience in the medical device industry, including roles at Flex Ltd. and Olympus Corporation of the Americas, Clark brings a wealth of expertise in manufacturing and supply-chain management.
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Southland Holdings, Inc. (NYSE American: SLND and SLND WS) has announced approximately $470 million in new awards for the fourth quarter of 2023 backlog, including projects for the Metropolitan Transportation Authority in New York, the California Department of Transportation in San Francisco, and the City of Dallas. These awards cover a range of infrastructure projects, including bridge rehabilitation, tunnel construction, and water resource installations.
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The Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) announced the appointment of Will Whitesell as Chief Operating Officer and Loren Benedict as chief of operations at subsidiary RapidBuilt. The company also provided an update to its estimated budget for its Dallas-Addison home basing campus project.
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Worthington Steel, Inc. (NYSE: WS) reported net sales of $808.0 million and a net loss attributable to controlling interest of $6.0 million, or $0.12 per diluted share, for the fiscal 2024 second quarter ended November 30, 2023. This represents a decrease from the prior year quarter, driven primarily by a decline in direct selling prices, offset by an increase in direct tons sold. The company also acquired Voestalpine Automotive Components Nagold GmbH & Co. KG, a facility in Nagold, Germany, and entered into a multi-year senior secured revolving credit facility. The separation of the Company from Worthington Enterprises, Inc. was completed on December 1, 2023, and the Company’s common shares began trading on the New York Stock Exchange under the ticker symbol “WS.”
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Worthington Steel, Inc. (NYSE: WS) declares a quarterly dividend of $0.16 per common share, payable on March 28, 2024, to shareholders of record March 14, 2024, marking the first dividend since separating from Worthington Industries (NYSE: WOR) on December 1, 2023.
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Sky Harbour Group Corporation (NYSE: SKYH, SKYH WS) Announces New Ground Leases and Updates on Construction Activities at Bradley International Airport and Hudson Valley Regional Airport
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Worthington Steel, Inc. (NYSE: WS) will report its fiscal second-quarter results after the market closes on Thursday, December 21, 2023. The earnings reflect the company's performance as part of Worthington Industries (NYSE: WOR) before the business separation on December 1, 2023. A conference call to discuss the results will be held on Friday, December 22, 2023, at 8:30 a.m. ET. The call will be available for live webcast and archived for one year on the Company’s website.
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Sky Harbour Group Corporation (SKYH) successfully completed a private equity placement, raising $57,810,000. The investment will enable the company to build out twelve total airfields totaling over 2.4 million square feet of rentable hangar space. The purchase price was equivalent to approximately $6.50 per share of Class A Common Stock and associated warrant coverage. The company's unique model among sophisticated aircraft operators has been recognized, and the completion of this equity financing is expected to give Sky Harbour access to over $200 million of additional debt capital.
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FAQ
What is the current stock price of Worthington Steel (ws)?
The current stock price of Worthington Steel (ws) is $43.95 as of November 21, 2024.
What is the market cap of Worthington Steel (ws)?
The market cap of Worthington Steel (ws) is approximately 2.3B.
What is Worthington Steel, Inc.?
Worthington Steel, Inc. (WS) is a leading value-added steel processor in North America, known for its diverse range of products and market-leading positions in carbon flat-rolled steel and tailor-welded blanks.
What industries does Worthington Steel serve?
Worthington Steel serves various industries including automotive, construction, and manufacturing.
What are some of Worthington Steel’s recent achievements?
Recent achievements include advances in technology, strategic partnerships, and new project developments aimed at enhancing production efficiency and product quality.
What is the financial condition of Worthington Steel?
Worthington Steel maintains sustained profitability and a robust balance sheet, reflecting its strong financial health.
What are Worthington Steel’s current projects?
Current projects include expanding production capabilities in the carbon flat-rolled steel sector, developing innovative tailor-welded blanks, and forming strategic partnerships to enhance sustainability and efficiency.
What makes Worthington Steel a key player in the steel processing industry?
Worthington Steel’s commitment to innovation, high-quality products, and strategic growth initiatives positions it as a key player in the steel processing industry.
How does Worthington Steel contribute to sustainability?
Worthington Steel engages in strategic partnerships and projects aimed at enhancing sustainability and production efficiency in the steel processing industry.
Who are Worthington Steel’s main competitors?
Worthington Steel competes with other leading steel processing companies in North America, particularly in the carbon flat-rolled steel and tailor-welded blanks markets.
What is the significance of Worthington Steel’s market-leading positions?
Worthington Steel’s market-leading positions in carbon flat-rolled steel and tailor-welded blanks highlight its expertise and dominance in these segments, contributing to its overall success.
How can investors stay updated on Worthington Steel’s news?
Investors can stay updated on Worthington Steel’s news by following stock market websites like StockTitan, which provide the latest updates and relevant information about the company.
Worthington Steel, Inc.
NYSE:WS
WS Rankings
WS Stock Data
2.26B
32.54M
35.91%
46.83%
0.7%
Steel
Steel Works, Blast Furnaces & Rolling & Finishing Mills
United States of America
COLUMBUS