Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. The company operates through two segments, Auto and Metals Recycling (AMR); and Cascade Steel and Scrap (CSS). The AMR segment acquires, processes and recycles scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, torching, shearing, shredding, and sorting. This segment offers ferrous recycled scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products. It sells ferrous and nonferrous recycled metal products to steel mills, foundries, smelters, and recycled metal processors. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 52 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies and component parts, such as engines, transmissions, and alternators to wholesalers. The CSS segment produces various finished steel products using ferrous recycled scrap metal and other raw materials. It offers semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.
Industry, Sector and Symbol
Industry Miscellaneous durable goods
Sub-IndustrySteel
SectorBasic Materials
Phone503-224-9900
Debt
Current Ratio2.30
Quick Ratio1.27
Price-To-Earnings
Sales & Book Value
Annual Sales$2.36 billion
Price / Sales0.25
Price / Cash Flow2.88
Price / Book0.88
Profitability
Net Income$156.45 million
Net Margins6.31%
Return on Assets12.74%
Miscellaneous
Employees3,575
OptionableOptionable
Schnitzer Steel Industries (NASDAQ:SCHN) Frequently Asked Questions
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, November 2nd. Stockholders of record on Monday, November 12th will be given a dividend of $0.1875 per share on Monday, November 26th. This represents a $0.75 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Thursday, November 8th. View Schnitzer Steel Industries' Dividend History.
How were Schnitzer Steel Industries' earnings last quarter?
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) posted its earnings results on Wednesday, January, 9th. The basic materials company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.57 by $0.01. The basic materials company earned $564 million during the quarter, compared to analysts' expectations of $561.48 million. Schnitzer Steel Industries had a return on equity of 21.67% and a net margin of 6.31%. The company's revenue for the quarter was up 16.8% on a year-over-year basis. During the same period last year, the company posted $0.63 earnings per share. View Schnitzer Steel Industries' Earnings History.
When is Schnitzer Steel Industries' next earnings date?
What guidance has Schnitzer Steel Industries issued on next quarter's earnings?
Schnitzer Steel Industries updated its first quarter earnings guidance on Thursday, December, 20th. The company provided earnings per share guidance of $0.54-0.58 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.63.
What price target have analysts set for SCHN?
4 Wall Street analysts have issued 12 month price objectives for Schnitzer Steel Industries' shares. Their predictions range from $24.00 to $29.00. On average, they expect Schnitzer Steel Industries' share price to reach $26.50 in the next twelve months. This suggests a possible upside of 18.3% from the stock's current price. View Analyst Price Targets for Schnitzer Steel Industries.
What is the consensus analysts' recommendation for Schnitzer Steel Industries?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schnitzer Steel Industries in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Schnitzer Steel Industries.
Has Schnitzer Steel Industries been receiving favorable news coverage?
Press coverage about SCHN stock has been trending somewhat positive this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Schnitzer Steel Industries earned a news impact score of 1.5 on InfoTrie's scale. They also gave media headlines about the basic materials company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the stock's share price in the immediate future.
Who are some of Schnitzer Steel Industries' key competitors?
Who are Schnitzer Steel Industries' key executives?
Schnitzer Steel Industries' management team includes the folowing people:
- Ms. Tamara L. Adler Lundgren J.D., Pres, CEO & Director (Age 61)
- Mr. Richard D. Peach, Sr. VP, CFO & Chief of Corp. Operations (Age 55)
- Mr. Jeffrey Dyck, Sr. VP and Co-Pres of Cascade Steel & Scrap (Age 56)
- Mr. Michael R. Henderson, Sr. VP and Co-Pres of Auto, Metals Recycling Bus., Cascade Steel & Scrap (Age 60)
- Mr. Steven G. Heiskell, Sr. VP and Co-Pres of Auto & Metals Recycling Bus. (Age 50)
How do I buy shares of Schnitzer Steel Industries?
Shares of SCHN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Schnitzer Steel Industries' stock price today?
One share of SCHN stock can currently be purchased for approximately $22.40.
How big of a company is Schnitzer Steel Industries?
Schnitzer Steel Industries has a market capitalization of $586.38 million and generates $2.36 billion in revenue each year. The basic materials company earns $156.45 million in net income (profit) each year or $5.39 on an earnings per share basis. Schnitzer Steel Industries employs 3,575 workers across the globe.
What is Schnitzer Steel Industries' official website?
How can I contact Schnitzer Steel Industries?
Schnitzer Steel Industries' mailing address is 299 SW CLAY STREET SUITE 350, PORTLAND OR, 97201. The basic materials company can be reached via phone at 503-224-9900 or via email at [email protected]
MarketBeat Community Rating for Schnitzer Steel Industries (NASDAQ SCHN)
MarketBeat's community ratings are surveys of what our community members think about Schnitzer Steel Industries and other stocks. Vote "Outperform" if you believe SCHN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SCHN will underperform the S&P 500 over the long term. You may vote once every thirty days.
