Schnitzer Steel Industries Company Profile (NASDAQ:SCHN)

About Schnitzer Steel Industries (NASDAQ:SCHN)

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
  • Symbol: NASDAQ:SCHN
  • CUSIP: 80688210
  • Web: www.schnitzersteel.com
Capitalization:
  • Market Cap: $555.98 million
  • Outstanding Shares: 27,524,000
Average Prices:
  • 50 Day Moving Avg: $19.16
  • 200 Day Moving Avg: $23.57
  • 52 Week Range: $14.83 - $30.60
P/E:
  • Trailing P/E Ratio: 14.51
  • Foreward P/E Ratio: 16.83
  • P/E Growth: 1.73
Sales & Book Value:
  • Annual Revenue: $1.46 billion
  • Price / Sales: 0.38
  • Book Value: $18.11 per share
  • Price / Book: 1.12
Dividend:
  • Annual Dividend: $0.75
  • Dividend Yield: 3.9%
Profitability:
  • EBIDTA: $88.74 million
  • 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%
Misc:
  • Average Volume: 449,590 shs.
  • Beta: 1.64
  • Short Ratio: 3.52
 

Frequently Asked Questions for Schnitzer Steel Industries (NASDAQ:SCHN)

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 Friday, April 28th. Stockholders of record on Monday, May 8th will be given a dividend of $0.1875 per share on Monday, May 22nd. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend is Thursday, May 4th. View Schnitzer Steel Industries' Dividend History.

How were Schnitzer Steel Industries' earnings last quarter?

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) announced its earnings results on Thursday, April, 6th. The company reported $0.37 EPS for the quarter, meeting analysts' consensus estimates of $0.37. The business had revenue of $382 million for the quarter. Schnitzer Steel Industries had a negative net margin of 1.13% and a positive return on equity of 4.41%. The firm's revenue for the quarter was up 32.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.25) earnings per share. View Schnitzer Steel Industries' Earnings History.

When will Schnitzer Steel Industries make its next earnings announcement?

Schnitzer Steel Industries is scheduled to release their next quarterly earnings announcement on Wednesday, June, 28th 2017. View Earnings Estimates for Schnitzer Steel Industries.

What guidance has Schnitzer Steel Industries issued on next quarter's earnings?

Schnitzer Steel Industries issued an update on its second quarter earnings guidance on Wednesday, March, 22nd. The company provided earnings per share guidance of $0.34-0.37 for the period, compared to the Thomson Reuters consensus estimate of $0.33.

Who are some of Schnitzer Steel Industries' key competitors?

Who owns Schnitzer Steel Industries stock?

Schnitzer Steel Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.27%), Dimensional Fund Advisors LP (8.25%), State Street Corp (4.81%), Renaissance Technologies LLC (2.57%), Heartland Advisors Inc. (2.41%) and Acadian Asset Management LLC (2.18%). 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. View Institutional Ownership Trends for Schnitzer Steel Industries.

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 Acadian Asset Management LLC, Renaissance Technologies LLC, Vanguard Group Inc., Alliancebernstein L.P., Wellington Management Group LLP, JPMorgan Chase & Co., Royce & Associates LP and Morgan Stanley. 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. View Insider Buying and Selling for Schnitzer Steel Industries.

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 State Street Corp, Heartland Advisors Inc., Stifel Financial Corp, Piermont Capital Management Inc., BNP Paribas Arbitrage SA, Orca Investment Management LLC, Karp Capital Management Corp and WBI Investments Inc.. View Insider Buying and Selling for Schnitzer Steel Industries.

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 $20.20.

Analyst Ratings

Consensus Ratings for Schnitzer Steel Industries (NASDAQ:SCHN) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: N/A

Analysts' Ratings History for Schnitzer Steel Industries (NASDAQ:SCHN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/4/2016DA DavidsonReiterated RatingHoldN/AView Rating Details
11/24/2015Morgan StanleyUpgradeUnderweight -> Equal Weight$14.00 -> $21.00N/AView Rating Details
9/16/2015Jefferies Group LLCLower Price TargetHold$18.00 -> $17.00N/AView Rating Details
7/8/2015KeyCorpDowngradeOverweightN/AView Rating Details
7/1/2015Bank of America CorpUpgradeNeutral -> Buy$17.00 -> $21.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Schnitzer Steel Industries (NASDAQ:SCHN)
Earnings by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)
Earnings History by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
6/28/2017        
4/6/2017Q2 2017$0.37$0.37$382.00 millionViewListenView Earnings Details
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$356.41 million$351.60 millionViewListenView Earnings Details
4/6/2016Q216($0.26)($0.25)$308.50 million$289.08 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)$519.25 million$439.23 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)
2017 EPS Consensus Estimate: $1.34
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.03)$0.07$0.02
Q2 20171$0.37$0.37$0.37
Q3 20172$0.42$0.44$0.43
Q4 20172$0.49$0.54$0.52
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Schnitzer Steel Industries (NASDAQ:SCHN)
Most Recent Dividend:5/22/2017
Annual Dividend:$0.75
Dividend Yield:3.71%
Payout Ratio:-127.12% (Trailing 12 Months of Earnings)
66.96% (Based on This Year's Estimates)
62.50% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)

Dividend History by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/28/2017quarterly$0.193.95%5/4/20175/8/20175/22/2017
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 and Institutional Ownership History for Schnitzer Steel Industries (NASDAQ:SCHN)
Insider Ownership Percentage: 3.80%
Institutional Ownership Percentage: 89.75%
Insider Trades by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)
Institutional Ownership by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)
Insider Trades by Quarter for Schnitzer Steel Industries (NASDAQ:SCHN)
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

Headline Trends for Schnitzer Steel Industries (NASDAQ:SCHN)
Latest Headlines for Schnitzer Steel Industries (NASDAQ:SCHN)
Source:
DateHeadline
americanbankingnews.com logo$0.42 Earnings Per Share Expected for Schnitzer Steel Industries, Inc. (SCHN) This Quarter
www.americanbankingnews.com - May 15 at 12:32 PM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Rating Increased to Strong-Buy at Zacks Investment Research
www.americanbankingnews.com - May 9 at 1:26 PM
americanbankingnews.com logoBrokers Issue Forecasts for Schnitzer Steel Industries, Inc.'s Q3 2017 Earnings (SCHN)
www.americanbankingnews.com - May 8 at 8:45 AM
americanbankingnews.com logoSchnitzer Steel Industries (SCHN) Receiving Favorable Media Coverage, Report Finds
www.americanbankingnews.com - May 3 at 12:12 AM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - April 29 at 8:31 AM
seekingalpha.com logoSchnitzer Steel Industries, Inc. declares $0.1875 dividend
seekingalpha.com - April 29 at 1:58 AM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Announces $0.19 Quarterly Dividend
www.americanbankingnews.com - April 29 at 12:30 AM
bizjournals.com logoSteel & Iron Stocks Under Scanner -- Commercial Metals, Companhia Siderurgica, Reliance Steel & Aluminum, and Schnitzer Steel
www.bizjournals.com - April 28 at 3:55 PM
americanbankingnews.com logoSchnitzer Steel Industries (SCHN) Earns News Impact Score of -0.36
www.americanbankingnews.com - April 28 at 11:23 AM
finance.yahoo.com logoETFs with exposure to Schnitzer Steel Industries, Inc. : April 27, 2017
finance.yahoo.com - April 27 at 8:10 PM
americanbankingnews.com logoSchnitzer Steel Industries (SCHN) Getting Somewhat Negative Media Coverage, Study Shows
www.americanbankingnews.com - April 25 at 1:01 PM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Expected to Announce Earnings of $0.37 Per Share
www.americanbankingnews.com - April 24 at 9:24 PM
americanbankingnews.com logoSchnitzer Steel Industries (SCHN) Receiving Somewhat Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - April 22 at 2:25 PM
finance.yahoo.com logoPost Earnings Coverage as Schnitzer Steel's Q2 Top-line Surged 32% y-o-y
finance.yahoo.com - April 17 at 9:07 AM
americanbankingnews.com logoSchnitzer Steel Industries (SCHN) Earning Very Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 16 at 8:30 AM
finance.yahoo.com logoETFs with exposure to Schnitzer Steel Industries, Inc. : April 12, 2017
finance.yahoo.com - April 12 at 6:17 PM
finance.yahoo.com logoSchnitzer Steel Industries, Inc. :SCHN-US: Earnings Analysis: Q2, 2017 By the Numbers : April 11, 2017
finance.yahoo.com - April 11 at 7:28 PM
rttnews.com logoEARNINGS SUMMARY: Details of Schnitzer Steel Industries Inc. Q2 Earnings Report
www.rttnews.com - April 7 at 12:29 PM
seekingalpha.com logoSchnitzer Steel Industries, Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - April 7 at 12:29 PM
finance.yahoo.com logoSchnitzer Reports Second Quarter 2017 Financial Results
finance.yahoo.com - April 7 at 12:29 PM
finance.yahoo.com logoEdited Transcript of SCHN earnings conference call or presentation 6-Apr-17 3:30pm GMT
finance.yahoo.com - April 7 at 12:29 PM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Issues Earnings Results
www.americanbankingnews.com - April 6 at 5:09 PM
marketbeat.com logoSchnitzer Steel posts 2Q profit
marketbeat.com - April 6 at 8:54 AM
feeds.benzinga.com logoEarnings Scheduled For April 6, 2017
feeds.benzinga.com - April 6 at 5:25 AM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. to Post Q2 2017 Earnings of $0.37 Per Share, KeyCorp Forecasts (SCHN)
www.americanbankingnews.com - April 5 at 12:19 PM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - April 5 at 7:37 AM
americanbankingnews.com logoResearch Analysts Set Expectations for Schnitzer Steel Industries, Inc.'s Q4 2017 Earnings (SCHN)
www.americanbankingnews.com - April 4 at 1:19 PM
rttnews.com logoSchnitzer Steel Reports Preliminary Q2 Profit - Quick Facts
www.rttnews.com - March 22 at 7:37 PM
biz.yahoo.com logoSCHNITZER STEEL INDUSTRIES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement
us.rd.yahoo.com - March 22 at 7:37 PM
us.rd.yahoo.com logo8:33 am Schnitzer Steel sees Q2 EPS above consensus
us.rd.yahoo.com - March 22 at 7:37 PM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Updates Q2 Earnings Guidance
www.americanbankingnews.com - March 22 at 9:05 AM
businesswire.com logoSchnitzer Announces Second Quarter Fiscal 2017 Preliminary Results and Earnings Date - Business Wire (press release)
www.businesswire.com - March 22 at 8:32 AM
finance.yahoo.com logoSchnitzer Announces Second Quarter Fiscal 2017 Preliminary Results and Earnings Date
finance.yahoo.com - March 22 at 8:31 AM
businesswire.com logoSchnitzer Named as a World's Most Ethical Company by the Ethisphere Institute for the Third Consecutive Year - Business Wire (press release)
www.businesswire.com - March 13 at 7:24 PM
finance.yahoo.com logoSchnitzer Named as a World’s Most Ethical Company by the Ethisphere Institute for the Third Consecutive Year
finance.yahoo.com - March 13 at 9:23 AM
bizjournals.com logoBusiness groups oppose cap and trade as Legislature digs into climate bills
www.bizjournals.com - March 2 at 7:49 PM
bizjournals.com logoSchnitzer's Lundgren backs Trump-Trudeau council's mission
www.bizjournals.com - February 15 at 2:43 AM
bizjournals.com logoSchnitzer Steel's Tamara Lundgren visits with Trump at women's entrepreneur event - Portland Business Journal
www.bizjournals.com - February 14 at 6:13 AM
biz.yahoo.com logoSCHNITZER STEEL INDUSTRIES INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - February 9 at 2:39 AM
nasdaq.com logoSchnitzer Steel Industries, Inc. (SCHN) Ex-Dividend Date Scheduled for February 02, 2017 - Nasdaq
www.nasdaq.com - February 3 at 3:42 AM
finance.yahoo.com logoSchnitzer Board Declares Quarterly Dividend
finance.yahoo.com - January 27 at 2:52 AM
finance.yahoo.com logoSchnitzer Steel (SCHN): The Perfect Mix of Value and Rising Earnings Estimates?
finance.yahoo.com - January 26 at 4:43 AM
finance.yahoo.com logoSchnitzer Steel (SCHN): Strong Industry, Solid Earnings Estimate Revisions
finance.yahoo.com - January 14 at 6:06 AM
finance.yahoo.com logoSCHNITZER STEEL INDUSTRIES INC Financials
finance.yahoo.com - January 11 at 10:32 PM
seekingalpha.com logoSchnitzer Steel Industries, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - January 6 at 9:48 PM
rttnews.com logoEARNINGS SUMMARY: Details of Schnitzer Steel Industries Inc. Q1 Earnings Report
www.rttnews.com - January 6 at 9:48 PM
biz.yahoo.com logoQ1 2017 Schnitzer Steel Industries Inc Earnings Release - Before Market Open
us.rd.yahoo.com - January 6 at 9:48 PM
us.rd.yahoo.com logoSchnitzer Reports First Quarter 2017 Financial Results
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
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
www.rttnews.com - January 6 at 3:36 AM

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Chart

Schnitzer Steel Industries (SCHN) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff