Schnitzer Steel Industries Company Profile (NASDAQ:SCHN)

About Schnitzer Steel Industries

Schnitzer Steel Industries logoSchnitzer Steel Industries, Inc. is a recycler of ferrous and nonferrous scrap metal, including end-of-life vehicles, and a manufacturer of finished steel products. The Company operates through two segments: the Auto and Metals Recycling (AMR) business and the Steel Manufacturing Business (SMB). The AMR segment collects and recycles auto bodies, rail cars, home appliances, industrial machinery, manufacturing scrap and construction and demolition scrap from bridges, buildings and other infrastructure. AMR's primary products include recycled ferrous and nonferrous scrap metal. The SMB segment produces finished steel products such as rebar, wire rod, coiled rebar, merchant bar and other specialty products using 100% recycled metal sourced from AMR. SMB's products are primarily used in nonresidential and infrastructure construction in North America. SMB operates a steel mini-mill in McMinnville, Oregon that produces finished steel products using recycled metal and other raw materials.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Steel & Iron
  • Sub-Industry: Steel
  • Exchange: NASDAQ
  • Symbol: SCHN
  • CUSIP: 80688210
Key Metrics:
  • Previous Close: $26.65
  • 50 Day Moving Average: $24.42
  • 200 Day Moving Average: $23.08
  • 52-Week Range: $13.35 - $30.60
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 19.17
  • P/E Growth: 2.25
  • Market Cap: $729.44M
  • Outstanding Shares: 27,371,000
  • Beta: 1.64
Profitability:
  • Net Margins: -1.13%
  • Return on Equity: 4.41%
  • Return on Assets: 2.47%
Debt:
  • Debt-to-Equity Ratio: 0.38%
  • Current Ratio: 2.34%
  • Quick Ratio: 1.16%
Additional Links:
Companies Related to Schnitzer Steel Industries:

Analyst Ratings

Consensus Ratings for Schnitzer Steel Industries (NASDAQ:SCHN) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $18.00 (32.46% downside)

Analysts' Ratings History for Schnitzer Steel Industries (NASDAQ:SCHN)
Show:
DateFirmActionRatingPrice TargetDetails
10/4/2016DA DavidsonReiterated RatingHoldView Rating Details
11/24/2015Morgan StanleyUpgradeUnderweight -> Equal Weight$14.00 -> $21.00View Rating Details
9/16/2015Jefferies Group LLCLower Price TargetHold$18.00 -> $17.00View Rating Details
7/8/2015KeyCorpDowngradeOverweightView Rating Details
7/1/2015Bank of America CorpUpgradeNeutral -> Buy$17.00 -> $21.00View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Schnitzer Steel Industries (NASDAQ:SCHN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/4/2017        
1/5/2017Q117($0.04)($0.03)$349.97 million$334.00 millionViewListenView Earnings Details
10/25/2016Q416$0.45$0.60$380.93 million$390.60 millionViewListenView Earnings Details
6/30/2016Q316$0.18$0.46$352.00 millionViewListenView Earnings Details
4/6/2016Q216($0.26)($0.25)$289.00 millionViewN/AView Earnings Details
1/7/2016Q116($0.15)($0.13)$371.00 million$321.00 millionViewN/AView Earnings Details
10/27/2015Q415$0.28$0.31$492.82 million$457.00 millionViewListenView Earnings Details
4/7/2015Q215($0.06)($0.33)$439.00 millionViewListenView Earnings Details
1/8/2015Q115$0.09$0.08$631.70 million$555.59 millionViewListenView Earnings Details
10/28/2014Q115$0.31$0.33$662.00 million$692.00 millionViewN/AView Earnings Details
6/26/2014Q314$0.08$0.16$650.16 million$638.00 millionViewN/AView Earnings Details
4/3/2014Q214$0.10$0.06$665.52 million$26.00 millionViewN/AView Earnings Details
1/8/2014Q1($0.06)($0.18)$618.04 million$587.80 millionViewListenView Earnings Details
10/29/2013Q413($0.19)($0.51)$645.16 million$657.00 millionViewN/AView Earnings Details
6/27/2013Q3 2013$0.12$0.09$737.76 million$710.00 millionViewListenView Earnings Details
4/3/2013Q2 2013$0.24$0.36$683.41 million$662.00 millionViewListenView Earnings Details
1/8/2013Q1 2013$0.01($0.02)$616.80 million$593.00 millionViewN/AView Earnings Details
10/25/2012$0.10ViewN/AView Earnings Details
6/28/2012$0.32$0.40ViewN/AView Earnings Details
4/5/2012$0.33$0.35ViewN/AView Earnings Details
1/9/2012$0.22$0.25ViewN/AView Earnings Details
10/20/2011$1.23$1.33ViewN/AView Earnings Details
6/30/2011$1.21$1.17ViewN/AView Earnings Details
4/4/2011$0.85$1.10ViewN/AView Earnings Details
1/6/2011$0.71$0.64ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Schnitzer Steel Industries (NASDAQ:SCHN)
Current Year EPS Consensus Estimate: $1.21 EPS
Next Year EPS Consensus Estimate: $1.39 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162($0.25)($0.01)($0.13)
Q2 20163$0.11$0.22$0.15
Q3 20162$0.20$0.32$0.26
Q4 20163$0.36$0.60$0.45
Q1 20172($0.03)$0.07$0.02
Q3 20171$0.44$0.44$0.44
Q4 20171$0.54$0.54$0.54
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Schnitzer Steel Industries (NASDAQ:SCHN)
Annual Dividend:$0.75
Dividend Yield:2.81%
Payout Ratio:-127.12% (Based on Trailing 12 Months of Earnings)
61.98% (Based on Current Year Consensus EPS Estimate)
53.96% (Based on Next Year Consensus EPS Estimate)

Dividend History for Schnitzer Steel Industries (NASDAQ:SCHN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/26/2017quarterly$0.193.08%2/2/20172/6/20172/21/2017
10/27/2016quarterly$0.1911/3/201611/7/201611/21/2016
7/28/2016quarterly$0.198/4/20168/8/20168/22/2016
4/28/2016quarterly$0.195/5/20165/9/20165/23/2016
1/28/2016quarterly$0.192/4/20162/8/20162/22/2016
10/29/2015quarterly$0.1911/5/201511/9/201511/23/2015
7/30/2015quarterly$0.198/6/20158/10/20158/24/2015
4/29/2015quarterly$0.194.31%5/7/20155/11/20155/26/2015
1/30/2015quarterly$0.192/5/20152/9/20152/23/2015
10/30/2014quarterly$0.193.18%11/6/201411/10/201411/24/2014
7/31/2014quarterly$0.192.82%8/7/20148/11/20148/25/2014
4/30/2014quarterly$0.192.68%5/8/20145/12/20145/27/2014
2/10/2014quarterly$0.192.9%2/18/20142/20/20142/28/2014
11/7/2013quarterly$0.192.39%11/14/201311/18/201311/29/2013
8/2/2013quarterly$0.192.83%8/8/20138/12/20138/26/2013
4/25/2013quarterly$0.193.15%5/14/20135/16/20135/30/2013
2/1/2013quarterly$0.192.58%2/19/20132/21/20133/7/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Schnitzer Steel Industries (NASDAQ:SCHN)
Insider Ownership Percentage: 3.80%
Institutional Ownership Percentage: 89.75%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/4/2016Peter B SabaSVPSell686$24.44$16,765.84View SEC Filing  
10/31/2016Michael R HendersonSVPSell3,100$24.01$74,431.00View SEC Filing  
10/31/2016Richard PeachCFOSell4,000$24.07$96,280.00View SEC Filing  
10/31/2016Stefano R GagginiVPSell730$23.92$17,461.60View SEC Filing  
7/5/2016Jeffery DyckInsiderSell9,205$17.61$162,100.05View SEC Filing  
2/11/2016John D CarterDirectorSell22,301$13.00$289,913.00View SEC Filing  
7/20/2015Wayland R HicksDirectorBuy2,500$16.49$41,225.00View SEC Filing  
1/20/2015Wayland R HicksDirectorBuy1,000$16.75$16,750.00View SEC Filing  
7/24/2014Richard C JosephsonSVPSell1,950$27.34$53,313.00View SEC Filing  
11/12/2013David MendezVPSell1,000$31.25$31,250.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Schnitzer Steel Industries (NASDAQ:SCHN)
DateHeadline
News IconCan We Learn Anything From The Technical Chart of Schnitzer Steel Industries, Inc. (SCHN)? - NY Stock News (NASDAQ:SCHN)
nystocknews.com - February 18 at 6:46 PM
News IconProduction Crew (2176-255) (NASDAQ:SCHN)
www.environmentguru.com - February 18 at 8:33 AM
News IconIvanka Trump posts picture of herself at Oval Office desk (NASDAQ:SCHN)
www.newsgrio.com - February 16 at 7:25 PM
News IconTrump, Trudeau launch U.S.-Canada council to advance businesswomen (NASDAQ:SCHN)
www.washingtontimes.com - February 15 at 2:43 AM
bizjournals.com logoSchnitzer's Lundgren backs Trump-Trudeau council's mission (NASDAQ:SCHN)
www.bizjournals.com - February 15 at 2:43 AM
News IconWatching Stock Levels for Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) - The Standard (NASDAQ:SCHN)
6milestandard.com - February 14 at 6:13 AM
bizjournals.com logoSchnitzer Steel's Tamara Lundgren visits with Trump at women's entrepreneur event - Portland Business Journal (NASDAQ:SCHN)
www.bizjournals.com - February 14 at 6:13 AM
News IconTrump, Trudeau to discuss women in workforce - WTOP (NASDAQ:SCHN)
wtop.com - February 13 at 8:30 AM
News IconTrump, Trudeau to discuss women in workforce (NASDAQ:SCHN)
wishtv.com - February 12 at 7:38 PM
biz.yahoo.com logoSCHNITZER STEEL INDUSTRIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:SCHN)
biz.yahoo.com - February 9 at 2:39 AM
4-traders.com logoSCHNITZER STEEL INDUSTRIES, INC. : ex-dividend day (NASDAQ:SCHN)
www.4-traders.com - February 4 at 5:27 AM
nasdaq.com logoSchnitzer Steel Industries, Inc. (SCHN) Ex-Dividend Date Scheduled for February 02, 2017 - Nasdaq (NASDAQ:SCHN)
www.nasdaq.com - February 3 at 3:42 AM
News IconSchnitzer reports auto and metals recycling delivers best first quarter since 2012 (NASDAQ:SCHN)
americanrecycler.com - February 2 at 12:38 AM
News IconAnalysts Watch Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) And Issue New Targets - NewsDen (NASDAQ:SCHN)
newsden.net - January 30 at 9:10 PM
News IconAnalysts Take the Wheel on Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Shares and Where They Might Be Headed - Aiken Advocate (NASDAQ:SCHN)
aikenadvocate.com - January 30 at 9:10 PM
News IconEarnings in Full Force, Analysts Take Aim at Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) - Wall Street Beacon (NASDAQ:SCHN)
wsbeacon.com - January 29 at 8:16 AM
News IconManager in Training (2462-255) (NASDAQ:SCHN)
www.environmentguru.com - January 28 at 6:27 AM
4-traders.com logoSchnitzer Steel Industries : Board Declares Quarterly Dividend (NASDAQ:SCHN)
www.4-traders.com - January 27 at 2:52 AM
News IconProduction Crew (1988-255) (NASDAQ:SCHN)
www.environmentguru.com - January 27 at 2:52 AM
finance.yahoo.com logoSchnitzer Board Declares Quarterly Dividend (NASDAQ:SCHN)
finance.yahoo.com - January 27 at 2:52 AM
finance.yahoo.com logoSchnitzer Steel (SCHN): The Perfect Mix of Value and Rising Earnings Estimates? (NASDAQ:SCHN)
finance.yahoo.com - January 26 at 4:43 AM
News IconStock Update on Earnings & Estimates for Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) - Aiken Advocate (NASDAQ:SCHN)
aikenadvocate.com - January 24 at 1:05 AM
News IconEarnings Take Center Stage; Analysts Weighing in on Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) - Aiken Advocate (NASDAQ:SCHN)
aikenadvocate.com - January 16 at 1:31 PM
finance.yahoo.com logoSchnitzer Steel (SCHN): Strong Industry, Solid Earnings Estimate Revisions (NASDAQ:SCHN)
finance.yahoo.com - January 14 at 6:06 AM
News IconWill The Needle Move For Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:SCHN)
wsbeacon.com - January 13 at 2:26 AM
finance.yahoo.com logoSCHNITZER STEEL INDUSTRIES INC Financials (NASDAQ:SCHN)
finance.yahoo.com - January 11 at 10:32 PM
capitalcube.com logoETFs with exposure to Schnitzer Steel Industries, Inc. : January 11, 2017 (NASDAQ:SCHN)
www.capitalcube.com - January 11 at 10:32 PM
News IconSchnitzer’s Auto and Metals Recycling division benefits from improved market conditions (NASDAQ:SCHN)
www.recyclingtoday.com - January 10 at 10:24 PM
News IconCompany in Focus: Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) - Wall Street Beacon (NASDAQ:SCHN)
wsbeacon.com - January 9 at 9:00 AM
capitalcube.com logoSchnitzer Steel Industries, Inc. :SCHN-US: Earnings Analysis: Q1, 2017 By the Numbers : January 9, 2017 (NASDAQ:SCHN)
www.capitalcube.com - January 9 at 9:00 AM
seekingalpha.com logoSchnitzer Steel Industries, Inc. 2017 Q1 - Results - Earnings Call Slides (NASDAQ:SCHN)
seekingalpha.com - January 6 at 9:48 PM
rttnews.com logoEARNINGS SUMMARY: Details of Schnitzer Steel Industries Inc. Q1 Earnings Report (NASDAQ:SCHN)
www.rttnews.com - January 6 at 9:48 PM
News IconSchnitzer Steel Industries, Inc. (SCHN) Posts Earnings Results (NASDAQ:SCHN)
diariocatolico.net - January 6 at 9:48 PM
biz.yahoo.com logoQ1 2017 Schnitzer Steel Industries Inc Earnings Release - Before Market Open (NASDAQ:SCHN)
us.rd.yahoo.com - January 6 at 9:48 PM
us.rd.yahoo.com logoSchnitzer Reports First Quarter 2017 Financial Results (NASDAQ:SCHN)
us.rd.yahoo.com - January 6 at 9:48 PM
biz.yahoo.com logoSCHNITZER STEEL INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:SCHN)
us.rd.yahoo.com - January 6 at 9:48 PM
rttnews.com logoSchnitzer Steel Sees Higher Q2 Auto And Metals Recycling Operating Income - RTT News (NASDAQ:SCHN)
www.rttnews.com - January 6 at 3:36 AM
sg.finance.yahoo.com logoSchnitzer Steel reports 1Q loss (NASDAQ:SCHN)
sg.finance.yahoo.com - January 6 at 3:36 AM
finance.yahoo.com logo10:41 am Schnitzer Steel: Correction -- We mistakenly used the GAAP EPS number when we should have used the adjusted EPS number (NASDAQ:SCHN)
finance.yahoo.com - January 6 at 3:36 AM
finance.yahoo.com logoEdited Transcript of SCHN earnings conference call or presentation 5-Jan-17 4:30pm GMT (NASDAQ:SCHN)
finance.yahoo.com - January 6 at 3:36 AM
News IconLeadership and Membership Announcements for the Federal Reserve Bank of San Francisco’s Portland Branch Board of Directors (NASDAQ:SCHN)
www.frbsf.org - January 5 at 6:28 AM
News IconAre Schnitzer Steel Industries Inc’s (SCHN) Interest Costs Too High? (NASDAQ:SCHN)
simplywall.st - January 5 at 6:28 AM
finance.yahoo.com logoA Few Steely Ideas for 2017 (NASDAQ:SCHN)
finance.yahoo.com - January 5 at 6:28 AM
finance.yahoo.com logo3 Reasons Why Schnitzer Steel (SCHN) is a Great Value Stock (NASDAQ:SCHN)
finance.yahoo.com - January 3 at 9:48 AM
finance.yahoo.com logoALJ Regional Holdings, Inc.: Price momentum supported by strong fundamentals (NASDAQ:SCHN)
finance.yahoo.com - December 30 at 4:38 PM
capitalcube.com logoSchnitzer Steel Industries, Inc. – Value Analysis (NASDAQ:SCHN) : December 29, 2016 (NASDAQ:SCHN)
www.capitalcube.com - December 29 at 7:40 PM
News IconChecking on Shares of Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) - Wall Street Beacon (NASDAQ:SCHN)
wsbeacon.com - December 29 at 8:34 AM
sbwire.com logoRecycled Metal Market - Future Trends and Scope Analysis to 2024 (NASDAQ:SCHN)
www.sbwire.com - December 28 at 9:23 AM
capitalcube.com logoSchnitzer Steel Industries, Inc. breached its 50 day moving average in a Bullish Manner : SCHN-US : December 28, 2016 (NASDAQ:SCHN)
www.capitalcube.com - December 28 at 9:23 AM
News IconRecycled Metal Market is poised to be worth US$476.2 bn by 2024 (NASDAQ:SCHN)
empowerednews.net - December 26 at 6:57 PM

Social

What is Schnitzer Steel Industries' stock symbol?

Schnitzer Steel Industries trades on the NASDAQ under the ticker symbol "SCHN."

How often does Schnitzer Steel Industries pay dividends? What is the dividend yield for Schnitzer Steel Industries?

Schnitzer Steel Industries declared a quarterly dividend on Thursday, January 26th. Shareholders of record on Monday, February 6th will be paid a dividend of $0.1875 per share on Tuesday, February 21st. This represents a $0.75 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date is Thursday, February 2nd.

Where is Schnitzer Steel Industries' stock going? Where will Schnitzer Steel Industries' stock price be in 2017?

1 brokers have issued 12-month price objectives for Schnitzer Steel Industries' stock. Their predictions range from $18.00 to $18.00. On average, they anticipate Schnitzer Steel Industries' stock price to reach $18.00 in the next twelve months.

When will Schnitzer Steel Industries announce their earnings?

Schnitzer Steel Industries is scheduled to release their next quarterly earnings announcement on Tuesday, April, 4th 2017.

Who owns Schnitzer Steel Industries stock?

Schnitzer Steel Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.23%), State Street Corp (4.12%), Renaissance Technologies LLC (3.95%), Royce & Associates LP (1.23%), Vertex One Asset Management Inc. (1.11%) and Russell Investments Group Ltd. (0.57%). Company insiders that own Schnitzer Steel Industries stock include Jeffery Dyck, John D Carter, Michael R Henderson, Peter B Saba, Richard Peach, Stefano R Gaggini and Wayland R Hicks.

Who sold Schnitzer Steel Industries stock? Who is selling Schnitzer Steel Industries stock?

Schnitzer Steel Industries' stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Vertex One Asset Management Inc., Systematic Financial Management LP, Franklin Resources Inc., Royce & Associates LP and AQR Capital Management LLC. Company insiders that have sold Schnitzer Steel Industries stock in the last year include Jeffery Dyck, Michael R Henderson, Peter B Saba, Richard Peach and Stefano R Gaggini.

Who bought Schnitzer Steel Industries stock? Who is buying Schnitzer Steel Industries stock?

Schnitzer Steel Industries' stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Russell Investments Group Ltd., Thrivent Financial for Lutherans, Dynamic Technology Lab Private Ltd, GSA Capital Partners LLP, Guggenheim Capital LLC, Tudor Investment Corp Et Al and Two Sigma Investments LP.

How do I buy Schnitzer Steel Industries stock?

Shares of Schnitzer Steel Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Schnitzer Steel Industries stock cost?

One share of Schnitzer Steel Industries stock can currently be purchased for approximately $26.65.

Schnitzer Steel Industries (NASDAQ:SCHN) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)

Earnings History Chart

Earnings by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)

Dividend History Chart

Dividend Payments by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)

Last Updated on 2/20/2017 by MarketBeat.com Staff