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

$22.14
+0.32 (+1.47 %)
(As of 12/8/2019 05:04 AM ET)
Today's Range
$22.07
Now: $22.14
$22.47
50-Day Range
$20.48
MA: $21.38
$22.23
52-Week Range
$18.68
Now: $22.14
$27.50
Volume172,676 shs
Average Volume233,650 shs
Market Capitalization$590.36 million
P/E Ratio10.25
Dividend Yield3.44%
Beta1.47
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$590.36 million
Next Earnings Date1/8/2020 (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 announced a quarterly dividend on Wednesday, November 6th. Stockholders of record on Monday, November 18th will be given a dividend of $0.1875 per share on Friday, November 29th. This represents a $0.75 annualized dividend and a dividend yield of 3.39%. The ex-dividend date of this dividend is Friday, November 15th. 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 Thursday, October, 24th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.01. The basic materials company earned $547.80 million during the quarter, compared to the consensus estimate of $548.24 million. Schnitzer Steel Industries had a return on equity of 8.64% and a net margin of 2.64%. The firm's revenue was down 18.2% compared to the same quarter last year. During the same period last year, the firm earned $2.06 earnings per share. 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 Wednesday, January 8th 2020. View Earnings Estimates for Schnitzer Steel Industries.

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

Schnitzer Steel Industries updated its fourth quarter 2019 earnings guidance on Thursday, September, 26th. The company provided EPS guidance of $0.37-0.42 for the period.

What price target have analysts set for SCHN?

3 brokers have issued 12 month price targets for Schnitzer Steel Industries' shares. Their forecasts range from $21.00 to $23.00. On average, they expect Schnitzer Steel Industries' share price to reach $22.33 in the next twelve months. This suggests a possible upside of 0.9% 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?

Press coverage about SCHN stock has been trending somewhat positive on Sunday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Schnitzer Steel Industries earned a news impact score of 2.0 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Schnitzer Steel Industries.

Are investors shorting Schnitzer Steel Industries?

Schnitzer Steel Industries saw a decrease in short interest in the month of November. As of November 15th, there was short interest totalling 2,270,000 shares, a decrease of 8.1% from the October 31st total of 2,470,000 shares. Based on an average daily volume of 204,900 shares, the days-to-cover ratio is currently 11.1 days. Currently, 9.1% of the company's shares 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), Intel (INTC), Valero Energy (VLO), AK Steel (AKS), Vale (VALE), Cisco Systems (CSCO), Walt Disney (DIS), Costco Wholesale (COST), Micron Technology (MU) and Tesla (TSLA).

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 number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.68%), Robeco Institutional Asset Management B.V. (1.81%), Foundry Partners LLC (1.00%), Hillcrest Asset Management LLC (0.93%), Systematic Financial Management LP (0.92%) and Mackay Shields LLC (0.55%). 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 major investors are selling Schnitzer Steel Industries stock?

SCHN stock was sold by a variety of institutional investors in the last quarter, including Orca Investment Management LLC, State Street Corp, Man Group plc, Robeco Institutional Asset Management B.V., Millennium Management LLC, Adirondack Research & Management Inc., Systematic Financial Management LP and Lesa Sroufe & Co. 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 major investors are buying Schnitzer Steel Industries stock?

SCHN stock was purchased by a variety of institutional investors in the last quarter, including Hancock Whitney Corp, Foundry Partners LLC, Alpha Windward LLC, Janney Montgomery Scott LLC, Denali Advisors LLC, Squarepoint Ops LLC, Alberta Investment Management Corp and California Public Employees Retirement System. 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 $22.14.

How big of a company is Schnitzer Steel Industries?

Schnitzer Steel Industries has a market capitalization of $590.36 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:  289 (Vote Outperform)
Underperform Votes:  448 (Vote Underperform)
Total Votes:  737
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 12/8/2019 by MarketBeat.com Staff

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