Worthington Industries, Inc. Stock News

PHMSA advisory regarding unsafe cylinders manufactured primarily by non-U.S. companies. Cylinders are used for various critical infrastructure purposes.

Despite an earnings beat, I maintain a hold rating on Worthington Enterprises due to macroeconomic headwinds and deflating steel prices impacting near-term growth. 2Q25 results showed a revenue decline of 8% y/y, with CP segment down 2% and BP segment up 4%; adj. EPS beat consensus. Elevated interest rates and poor consumer spending outlook are expected to negatively impact both CP and BP segme...

Worthington Enterprises has a $2.12 billion market cap and pays a $0.68 annual dividend, yielding 1.65%. Despite a 45.9% correction from its March 2024 peak, WOR's long-term bullish trend remains intact, supported by higher lows and highs. Worthington's recent earnings beat consensus forecasts, causing a 21.4% stock jump, and upcoming U.S. manufacturing support could further benefit the company.

Worthington Enterprises, Inc. (NYSE:WOR ) Q2 2025 Earnings Conference Call December 18, 2024 8:30 AM ET Company Participants Marcus Rogier - Treasurer & IR Officer Joe Hayek - President & CEO Colin Souza - VP & CFO Conference Call Participants Kathryn Thompson - Thompson Research Group Daniel Moore - CJS Securities Susan Maklari - Goldman Sachs Brian McNamara - Canaccord Genuity Operator Good m...

COLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR), a market-leading designer and manufacturer of innovative products and solutions that serve customers in the building products and consumer products end markets, today reported results for its fiscal 2025 second quarter ended November 30, 2024. Second Quarter Highlights (all comparisons to the second qua...

COLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE: WOR) Board of Directors today declared a quarterly dividend of $0.17 per share. The dividend is payable on March 28, 2025, to shareholders of record on March 14, 2025.

COLUMBUS, Ohio, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR) will hold its quarterly earnings conference call Wednesday, December 18 at 8:30 a.m. ET. The Company will discuss its fiscal second quarter results, which will be released after the market closes on December 17.

COLUMBUS, OHIO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE: WOR) Board of Directors today announced Joseph Hayek as the Company's next president and chief executive officer (CEO) effective Nov. 1, 2024. Hayek, who currently is the Company's executive vice president, chief financial and operations officer, will replace Andy Rose who is retiring.