Should I buy or sell Radius Recycling stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radius Recycling in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" RDUS shares. View RDUS analyst ratings or view top-rated stocks .

How have RDUS shares performed in 2024?

Radius Recycling's stock was trading at $30.16 at the beginning of the year. Since then, RDUS shares have decreased by 39.6% and is now trading at $18.22. View the best growth stocks for 2024 here .

When is Radius Recycling's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024. View our RDUS earnings forecast .

How were Radius Recycling's earnings last quarter?

Radius Recycling, Inc. (NASDAQ:RDUS) issued its earnings results on Thursday, April, 4th. The basic materials company reported ($1.04) EPS for the quarter, topping the consensus estimate of ($1.09) by $0.05. The basic materials company earned $621.06 million during the quarter, compared to analysts' expectations of $626.35 million. Radius Recycling had a negative trailing twelve-month return on equity of 1.73% and a negative net margin of 2.28%. The business's revenue was down 17.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 earnings per share.

How often does Radius Recycling pay dividends? What is the dividend yield for Radius Recycling?

Radius Recycling announced a quarterly dividend on Monday, April 1st. Stockholders of record on Monday, April 22nd will be given a dividend of $0.1875 per share on Monday, May 6th. This represents a $0.75 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Friday, April 19th. Read our dividend analysis for RDUS .

Is Radius Recycling a good dividend stock?

Radius Recycling (NASDAQ:RDUS) pays an annual dividend of $0.75 per share and currently has a dividend yield of 4.26%. RDUS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for RDUS .

What ETFs hold Radius Recycling's stock?

ETFs with the largest weight of Radius Recycling (NASDAQ:RDUS) stock in their portfolio include VanEck Steel ETF (SLX) . SPDR S&P Metals & Mining ETF (XME) .

What guidance has Radius Recycling issued on next quarter's earnings?

Radius Recycling issued an update on its second quarter 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of -1.100--1.050 for the period. The company issued revenue guidance of -.

What other stocks do shareholders of Radius Recycling own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Radius Recycling investors own include NVIDIA (NVDA) , Gilead Sciences (GILD) , Amarin (AMRN) , ACADIA Pharmaceuticals (ACAD) , Exact Sciences (EXAS) , Cara Therapeutics (CARA) , OPKO Health (OPK) , Portola Pharmaceuticals (PTLA) , Micron Technology (MU) and Netflix (NFLX) .

Who are Radius Recycling's major shareholders?

Radius Recycling's stock is owned by many different institutional and retail investors. Top institutional shareholders include Green Alpha Advisors LLC (0.16%) and Unison Advisors LLC (0.04%). Insiders that own company stock include Brian Souza, James Matthew Vaughn, Mark Schuessler, Michael R Henderson , Peter B Saba , Richard Peach , Stefano R Gaggini and Wayland R Hicks. View institutional ownership trends .

How do I buy shares of Radius Recycling?

Shares of RDUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:RDUS

Radius Recycling (RDUS) Stock Price, News & Analysis

→ Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad)

Free RDUS Stock Alerts

$18.22

+0.79 (+4.53%)

(As of 04/17/2024 ET)

Compare

Today's Range: $17.64
▼
$18.61
50-Day Range: $17.26
▼
$25.42
52-Week Range: $16.90
▼
$36.64

Volume: 269,325 shs
Average Volume: 217,079 shs
Market Capitalization: $509.80 million

P/E Ratio: N/A
Dividend Yield: 4.12%
Price Target: N/A

Get Radius Recycling alerts:

Radius Recycling MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.82% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.18
Upright™ Environmental Score
News Sentiment: 0.99
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($3.53) to $0.91 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.84 out of 5 stars

Business Services Sector

208th out of 304 stocks

Miscellaneous Durable Goods Industry

2nd out of 2 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Radius Recycling.

3.0

Short Interest

Percentage of Shares Shorted
1.82% of the float of Radius Recycling has been sold short.
Short Interest Ratio / Days to Cover
Radius Recycling has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Radius Recycling has recently increased by 5.97%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
Radius Recycling is a leading dividend payer. It pays a dividend yield of 4.26%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Radius Recycling does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Radius Recycling will have a dividend payout ratio of 82.42% in the coming year. This indicates that Radius Recycling may not be able to sustain their current dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Radius Recycling has received a 16.56% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Recycled steel", "Steel reinforcement bars", and "Stainless steel bars" products. See details.
Environmental Sustainability
The Environmental Impact score for Radius Recycling is -2.18.

2.8

News and Social Media Coverage

News Sentiment
Radius Recycling has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Radius Recycling this week, compared to 3 articles on an average week.
Search Interest
Only 5 people have searched for RDUS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Radius Recycling to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Radius Recycling insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.70% of the stock of Radius Recycling is held by insiders.
Percentage Held by Institutions
78.11% of the stock of Radius Recycling is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Radius Recycling are expected to grow in the coming year, from ($3.53) to $0.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Radius Recycling is -7.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Radius Recycling is -7.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Radius Recycling has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Market Moving Trends

Top 5 AI Stocks to Buy for 2024

5 Best AI Stocks to Invest In Investors are getting very rich in AI stocks right now. Wall Street legend is giving away the name and ticker of the little-known AI stock Wall Street is currently buying hand-over-fist.

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

About Radius Recycling Stock (NASDAQ:RDUS)

Radius Recycling, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. The company also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its retail self-service auto parts stores. In addition, it produces various finished steel products using ferrous recycled metal and other raw materials, as well as semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. Further, the company sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; and ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors, as well as finished steel customers, such as steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and major farm and wood products suppliers. It also provides recycling and related services, including scrap brokerage, certified destruction, automotive parts recycling, railcar dismantling, and reverse logistics under 3PR brand name. Radius Recycling, Inc. was formerly known as Schnitzer Steel Industries, Inc. and changed its name to Radius Recycling, Inc. in January 2024. Radius Recycling, Inc. was founded in 1906 and is headquartered in Portland, Oregon.

RDUS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RDUS Stock News Headlines

April 16, 2024 | finance.yahoo.com

Radius Announces Presentation of Data on TYMLOS (abaloparatide) at the World Congress on Osteoporosis, Osteoarthritis and Musculoskeletal Diseases

April 8, 2024 | finance.yahoo.com

Radius Health, Inc. (NASDAQ:RDUS) Q2 2024 Earnings Call Transcript

April 17, 2024 | Market Moving Trends (Ad)

Top 5 AI Stocks to Buy for 2024

April 7, 2024 | uk.finance.yahoo.com

Radius Recycling (NASDAQ:RDUS) Is Due To Pay A Dividend Of $0.1875

April 6, 2024 | seekingalpha.com

Radius Recycling declares $0.1875 dividend

April 5, 2024 | seekingalpha.com

Radius Recycling, Inc. (RDUS) Q2 2024 Earnings Call Transcript

April 5, 2024 | finance.yahoo.com

Radius Recycling Inc (RDUS) Q2 2024 Earnings Call Transcript Highlights: Strategic Adjustments ...

April 5, 2024 | finance.yahoo.com

Radius Recycling Second Quarter 2024 Earnings: EPS Misses Expectations

April 17, 2024 | Market Moving Trends (Ad)

Top 5 AI Stocks to Buy for 2024

April 4, 2024 | benzinga.com

Radius Recycling Reports Q2 Results; American Battery Awarded Another $40.5 Million; Nexa Prices $600 Million Offering And More: Thursday's Top Mining Stories

April 4, 2024 | seekingalpha.com

Radius Recycling, Inc. 2024 Q2 - Results - Earnings Call Presentation

April 4, 2024 | msn.com

Stocks Rise Before the Open as Investors Shift Focus to Key U.S. Jobs Data, ECB Minutes on Tap

April 4, 2024 | finance.yahoo.com

Radius Recycling: Fiscal Q2 Earnings Snapshot

April 4, 2024 | finance.yahoo.com

Radius Recycling Inc (RDUS) Misses Earnings Predictions with Q2 Fiscal 2024 Results

April 4, 2024 | globenewswire.com

Radius Recycling Reports Second Quarter Fiscal 2024 Financial Results

March 20, 2024 | finance.yahoo.com

RDUS Sep 2024 30.000 call

March 20, 2024 | finance.yahoo.com

RDUS May 2024 30.000 call

March 20, 2024 | finance.yahoo.com

Returns On Capital At Radius Recycling (NASDAQ:RDUS) Paint A Concerning Picture

March 16, 2024 | finance.yahoo.com

RDUS Apr 2024 20.000 put

March 16, 2024 | finance.yahoo.com

RDUS Apr 2024 25.000 call

March 15, 2024 | finanznachrichten.de

Radius Recycling: Second Quarter Fiscal 2024 Preliminary Results and Announcement of Earnings Date

March 14, 2024 | globenewswire.com

Second Quarter Fiscal 2024 Preliminary Results and Announcement of Earnings Date

March 9, 2024 | insidermonkey.com

5 Best Steel Stocks to Buy According to Analysts

March 4, 2024 | finance.yahoo.com

Radius Recycling Named One of the 2024 World’s Most Ethical Companies

March 4, 2024 | businesswire.com

Radius Recycling Named One of the 2024 World's Most Ethical Companies

February 29, 2024 | msn.com

Seaport Global Downgrades Radius Recycling (RDUS)

February 17, 2024 | finance.yahoo.com

RDUS Mar 2024 30.000 call

See More Headlines

Receive RDUS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Radius Recycling and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 2/20 Dividend: 2/02/2024
Dividend Payable: 2/20/2024
Last Earnings: 4/04/2024
Today: 4/17/2024
Ex-Dividend for 5/6 Dividend: 4/19/2024
Dividend Payable: 5/06/2024
Next Earnings (Estimated): 6/25/2024
Fiscal Year End: 8/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Miscellaneous durable goods
Sub-Industry: Steel
Current Symbol: NASDAQ:RDUS
CUSIP: 80688210
CIK: 912603
Web: www.schnitzersteel.com
Phone: (503) 224-9900
Fax: 503-323-2804
Employees: 3,353
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($2.28)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-25,790,000.00
Net Margins: -2.28%
Pretax Margin: -2.44%
Return on Equity: -1.73%
Return on Assets: -0.88%

Debt

Debt-to-Equity Ratio: 0.43
Current Ratio: 1.96
Quick Ratio: 0.92

Sales & Book Value

Annual Sales: $2.88 billion
Price / Sales: 0.18
Cash Flow: $4.28 per share
Price / Cash Flow: 4.26
Book Value: $30.29 per share
Price / Book: 0.60

Miscellaneous

Outstanding Shares: 27,980,000
Free Float: 26,387,000
Market Cap: $509.80 million
Optionable: Optionable
Beta: 1.60

10 Best Cheap Stocks to Buy Now

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Ms. Tamara L. Lundgren J.D. (Age 66)
Chairman, President & CEO
Comp: $1.63M
Mr. Stefano R. Gaggini (Age 53)
Senior VP, Interim Chief Accounting Officer & CFO
Comp: $643.2k
Mr. James Matthew Vaughn (Age 51)
Senior VP, General Counsel, Corporate Secretary & Chief Compliance Officer
Comp: $903.84k
Mr. Richard D. Peach (Age 60)
Executive VP & Chief Strategy Officer
Comp: $906.14k
Mr. Michael R. Henderson (Age 65)
Consultant
Comp: $773.77k
Mr. Steven G. Heiskell (Age 55)
Senior VP and President of Recycling Products & Services
Comp: $689.03k
Mr. Brian Souza (Age 54)
Senior VP, Chief Operations Management Officer and Chief of Ferrous Sales & Trading
Mr. Michael Bennett
Vice President of Investor Relations
Mr. Robert Stone
Vice President of Corporate Development
Mr. Erich D. Wilson (Age 55)
Senior VP, Chief HR Officer & Chief of Corporate Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RDUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Radius Recycling stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Radius Recycling in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" RDUS shares.
View RDUS analyst ratings or view top-rated stocks.
How have RDUS shares performed in 2024?: Radius Recycling's stock was trading at $30.16 at the beginning of the year. Since then, RDUS shares have decreased by 39.6% and is now trading at $18.22.
View the best growth stocks for 2024 here.
When is Radius Recycling's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 25th 2024.
View our RDUS earnings forecast.
How were Radius Recycling's earnings last quarter?: Radius Recycling, Inc. (NASDAQ:RDUS) issued its earnings results on Thursday, April, 4th. The basic materials company reported ($1.04) EPS for the quarter, topping the consensus estimate of ($1.09) by $0.05. The basic materials company earned $621.06 million during the quarter, compared to analysts' expectations of $626.35 million. Radius Recycling had a negative trailing twelve-month return on equity of 1.73% and a negative net margin of 2.28%. The business's revenue was down 17.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 earnings per share.
How often does Radius Recycling pay dividends? What is the dividend yield for Radius Recycling?: Radius Recycling announced a quarterly dividend on Monday, April 1st. Stockholders of record on Monday, April 22nd will be given a dividend of $0.1875 per share on Monday, May 6th. This represents a $0.75 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Friday, April 19th.
Read our dividend analysis for RDUS.
Is Radius Recycling a good dividend stock?: Radius Recycling (NASDAQ:RDUS) pays an annual dividend of $0.75 per share and currently has a dividend yield of 4.26%. RDUS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for RDUS.

What ETFs hold Radius Recycling's stock?: ETFs with the largest weight of Radius Recycling (NASDAQ:RDUS) stock in their portfolio include VanEck Steel ETF (SLX).SPDR S&P Metals & Mining ETF (XME).
What guidance has Radius Recycling issued on next quarter's earnings?: Radius Recycling issued an update on its second quarter 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of -1.100--1.050 for the period. The company issued revenue guidance of -.
What other stocks do shareholders of Radius Recycling own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Radius Recycling investors own include NVIDIA (NVDA), Gilead Sciences (GILD), Amarin (AMRN), ACADIA Pharmaceuticals (ACAD), Exact Sciences (EXAS), Cara Therapeutics (CARA), OPKO Health (OPK), Portola Pharmaceuticals (PTLA), Micron Technology (MU) and Netflix (NFLX).
Who are Radius Recycling's major shareholders?: Radius Recycling's stock is owned by many different institutional and retail investors. Top institutional shareholders include Green Alpha Advisors LLC (0.16%) and Unison Advisors LLC (0.04%). Insiders that own company stock include Brian Souza, James Matthew Vaughn, Mark Schuessler, Michael R Henderson, Peter B Saba, Richard Peach, Stefano R Gaggini and Wayland R Hicks.
View institutional ownership trends.
How do I buy shares of Radius Recycling?: Shares of RDUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RDUS) was last updated on 4/17/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Radius Recycling (RDUS) Stock Price, News & Analysis

Radius Recycling MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Radius Recycling Stock (NASDAQ:RDUS)

RDUS Stock Price History

RDUS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

RDUS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™