Seaport Res Ptn Issues Pessimistic Outlook for WOR Earnings

Worthington Enterprises, Inc. (NYSE:WORFree Report) – Equities researchers at Seaport Res Ptn lowered their Q1 2026 EPS estimates for Worthington Enterprises in a research note issued to investors on Thursday, April 3rd. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will post earnings per share of $0.50 for the quarter, down from their previous estimate of $0.70. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Worthington Enterprises’ current full-year earnings is $2.67 per share. Seaport Res Ptn also issued estimates for Worthington Enterprises’ Q2 2026 earnings at $0.60 EPS and Q3 2026 earnings at $1.07 EPS.

Several other equities analysts have also commented on the stock. The Goldman Sachs Group raised their target price on shares of Worthington Enterprises from $39.00 to $44.00 and gave the company a “sell” rating in a report on Thursday, April 3rd. Canaccord Genuity Group lifted their price objective on shares of Worthington Enterprises from $49.00 to $54.00 and gave the company a “hold” rating in a research note on Thursday, March 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Worthington Enterprises currently has an average rating of “Hold” and an average target price of $48.00.

Read Our Latest Analysis on Worthington Enterprises

Worthington Enterprises Stock Down 1.5 %

WOR stock opened at $45.74 on Monday. Worthington Enterprises has a 52 week low of $37.88 and a 52 week high of $62.20. The business has a 50-day simple moving average of $43.19 and a 200 day simple moving average of $41.62. The company has a quick ratio of 2.50, a current ratio of 3.56 and a debt-to-equity ratio of 0.32. The company has a market cap of $2.29 billion, a PE ratio of 55.11 and a beta of 1.06.

Worthington Enterprises (NYSE:WORGet Free Report) last announced its quarterly earnings data on Tuesday, March 25th. The industrial products company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.18. The firm had revenue of $304.52 million during the quarter, compared to analysts’ expectations of $289.09 million. Worthington Enterprises had a return on equity of 14.70% and a net margin of 3.66%. The company’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.80 EPS.

Institutional Investors Weigh In On Worthington Enterprises

A number of hedge funds have recently made changes to their positions in WOR. Proficio Capital Partners LLC bought a new position in Worthington Enterprises in the 4th quarter valued at approximately $478,000. Amundi increased its holdings in shares of Worthington Enterprises by 170.3% during the fourth quarter. Amundi now owns 15,777 shares of the industrial products company’s stock worth $625,000 after buying an additional 9,941 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Worthington Enterprises by 3.3% during the third quarter. Geode Capital Management LLC now owns 813,828 shares of the industrial products company’s stock worth $33,739,000 after buying an additional 25,824 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Worthington Enterprises by 90.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 138,115 shares of the industrial products company’s stock valued at $5,725,000 after acquiring an additional 65,685 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new stake in shares of Worthington Enterprises during the 3rd quarter valued at $1,014,000. 51.59% of the stock is currently owned by institutional investors and hedge funds.

Worthington Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.49%. Worthington Enterprises’s payout ratio is 57.63%.

About Worthington Enterprises

(Get Free Report)

Worthington Enterprises, Inc operates as an industrial manufacturing company. It operates through three segments: Building Products, Consumer Products, and Sustainable Energy Solutions. The Building Products segment sells refrigerant and LPG cylinders, well water and expansion tanks, fire suppression tanks, chemical tanks, and foam and adhesive tanks for gas producers, and distributors.

See Also

Earnings History and Estimates for Worthington Enterprises (NYSE:WOR)

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