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NASDAQ:SCHN - Schnitzer Steel Industries Stock Price, Forecast & News

$17.98
+0.45 (+2.57 %)
(As of 02/20/2020 06:06 AM ET)
Today's Range
$17.56
Now: $17.98
$18.18
50-Day Range
$16.08
MA: $19.00
$21.68
52-Week Range
$16.04
Now: $17.98
$27.47
Volume266,402 shs
Average Volume301,067 shs
Market Capitalization$479.44 million
P/E Ratio15.37
Dividend Yield4.28%
Beta1.38
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. Read More…

Industry, Sector and Symbol

Industry Miscellaneous durable goods
Sub-IndustrySteel
SectorBasic Materials
Current SymbolNASDAQ:SCHN
CUSIP80688210
Phone503-224-9900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.13 billion
Cash Flow$4.42 per share
Book Value$26.30 per share

Profitability

Net Income$56.35 million

Miscellaneous

Employees3,363
Market Cap$479.44 million
Next Earnings Date4/2/2020 (Estimated)
OptionableOptionable

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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 Thursday, January 30th. Shareholders of record on Monday, February 10th will be paid a dividend of $0.1875 per share on Monday, February 24th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date is Friday, February 7th. View Schnitzer Steel Industries' Dividend History.

How were Schnitzer Steel Industries' earnings last quarter?

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) posted its quarterly earnings data on Wednesday, January, 8th. The basic materials company reported ($0.17) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.16) by $0.01. The basic materials company had revenue of $405.58 million for the quarter, compared to the consensus estimate of $406.46 million. Schnitzer Steel Industries had a return on equity of 5.56% and a net margin of 1.68%. The company's revenue was down 28.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.58 EPS. View Schnitzer Steel Industries' Earnings History.

When is Schnitzer Steel Industries' next earnings date?

Schnitzer Steel Industries is scheduled to release their next quarterly earnings announcement on Thursday, April 2nd 2020. View Earnings Estimates for Schnitzer Steel Industries.

What price target have analysts set for SCHN?

3 brokerages have issued 1 year target prices for Schnitzer Steel Industries' shares. Their forecasts range from $21.00 to $23.00. On average, they anticipate Schnitzer Steel Industries' share price to reach $22.33 in the next twelve months. This suggests a possible upside of 24.2% from the stock's current price. View Analyst Price Targets for Schnitzer Steel Industries.

What is the consensus analysts' recommendation for Schnitzer Steel Industries?

3 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 2 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?

News stories about SCHN stock have been trending extremely negative recently, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Schnitzer Steel Industries earned a media sentiment score of -4.6 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Schnitzer Steel Industries.

Are investors shorting Schnitzer Steel Industries?

Schnitzer Steel Industries saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,940,000 shares, a decline of 8.1% from the January 15th total of 2,110,000 shares. Based on an average trading volume of 228,900 shares, the days-to-cover ratio is presently 8.5 days. Currently, 7.6% of the shares of the company are short sold. View Schnitzer Steel Industries' Current Options Chain.

Who are some of Schnitzer Steel Industries' key competitors?

What other stocks do shareholders of Schnitzer Steel Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Schnitzer Steel Industries investors own include COMSCORE (SCOR), Cisco Systems (CSCO), Intel (INTC), Costco Wholesale (COST), Bank of America (BAC), AT&T (T), Valero Energy (VLO), Marvell Technology Group (MRVL), AK Steel (AKS) and Vale (VALE).

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)

Who are Schnitzer Steel Industries' major shareholders?

Schnitzer Steel Industries' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.95%), Bank of New York Mellon Corp (3.94%), LSV Asset Management (3.51%), Acadian Asset Management LLC (2.55%), Heartland Advisors Inc. (2.15%) and Charles Schwab Investment Management Inc. (1.67%). Company insiders that own Schnitzer Steel Industries stock include Jeffery Dyck, John D Carter, Peter B Saba, Richard Peach, Robert Garrett Smith, Stefano R Gaggini and Steven Heiskell. View Institutional Ownership Trends for Schnitzer Steel Industries.

Which institutional investors are selling Schnitzer Steel Industries stock?

SCHN stock was sold by a variety of institutional investors in the last quarter, including Martingale Asset Management L P, Robeco Institutional Asset Management B.V., AXA, Prudential Financial Inc., AQR Capital Management LLC, Heartland Advisors Inc., Renaissance Technologies LLC and Hancock Whitney Corp. Company insiders that have sold Schnitzer Steel Industries company stock in the last year include Jeffery Dyck, Peter B Saba, Richard Peach and Robert Garrett Smith. View Insider Buying and Selling for Schnitzer Steel Industries.

Which institutional investors are buying Schnitzer Steel Industries stock?

SCHN stock was acquired by a variety of institutional investors in the last quarter, including Jacobs Levy Equity Management Inc., California Public Employees Retirement System, Bank of Montreal Can, Hotchkis & Wiley Capital Management LLC, State Street Corp, FIL Ltd, Russell Investments Group Ltd. and Panagora Asset Management Inc.. View Insider Buying and Selling for Schnitzer Steel Industries.

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, Robinhood, Fidelity and Charles Schwab.

What is Schnitzer Steel Industries' stock price today?

One share of SCHN stock can currently be purchased for approximately $17.98.

How big of a company is Schnitzer Steel Industries?

Schnitzer Steel Industries has a market capitalization of $479.44 million and generates $2.13 billion in revenue each year. The basic materials company earns $56.35 million in net income (profit) each year or $2.16 on an earnings per share basis. Schnitzer Steel Industries employs 3,363 workers across the globe.View Additional Information About Schnitzer Steel Industries.

What is Schnitzer Steel Industries' official website?

The official website for Schnitzer Steel Industries is http://www.schnitzersteel.com/.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  313 (Thanks for Voting!)
Underperform Votes:  478 (Thanks for Voting!)
Total Votes:  791
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.
This page was last updated on 2/20/2020 by MarketBeat.com Staff

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