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

Sign in or create an account to add this stock to your watchlist.
$23.09 -0.45 (-1.91 %)
(As of 01/24/2019 08:47 AM ET)
Previous Close$23.54
Today's Range$22.81 - $23.79
52-Week Range$20.94 - $38.15
Volume418,298 shs
Average Volume373,779 shs
Market Capitalization$624.12 million
P/E Ratio4.28
Dividend Yield3.19%
Beta1.32
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.

Receive SCHN News and Ratings via Email

Sign-up to receive the latest news and ratings for SCHN and its competitors with MarketBeat's FREE daily newsletter.

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$2.36 billion
Cash Flow$7.4968 per share
Book Value$25.01 per share

Profitability

Net Income$156.45 million

Miscellaneous

Employees3,575
Market Cap$624.12 million
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 announced a quarterly dividend on Friday, November 2nd. Shareholders 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 yield of 3.25%. 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) announced its quarterly earnings data 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 analyst estimates of $561.48 million. Schnitzer Steel Industries had a net margin of 6.31% and a return on equity of 21.67%. The business's quarterly revenue was up 16.8% compared to the same quarter last year. During the same period last year, the business posted $0.63 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 Thursday, April 4th 2019. View Earnings Estimates for Schnitzer Steel Industries.

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 estimate of $0.63.

What price target have analysts set for SCHN?

4 equities research analysts have issued twelve-month price targets for Schnitzer Steel Industries' stock. Their predictions range from $24.00 to $29.00. On average, they anticipate Schnitzer Steel Industries' stock price to reach $26.50 in the next twelve months. This suggests a possible upside of 14.8% 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?

News coverage about SCHN stock has been trending negative on Thursday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 assigned headlines about the basic materials company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the stock's share price in the immediate future.

Who are some of Schnitzer Steel Industries' key competitors?

Some companies that are related to Schnitzer Steel Industries include Pool (POOL), Sims Metal Management (SMSMY), Industrial Services of America (IDSA), E-QURE CORP/SH (EQUR) and ICPW Liquidation (ICPWQ).

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 many different of retail and institutional investors. Top institutional investors include James Investment Research Inc. (0.16%) and Bank of Montreal Can (0.03%). Company insiders that own Schnitzer Steel Industries stock include Jeffery Dyck, John D Carter, Peter B Saba, Richard Peach, Stefano R Gaggini and Steven Heiskell. View Institutional Ownership Trends for Schnitzer Steel Industries.

Which major investors are buying Schnitzer Steel Industries stock?

SCHN stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can and James Investment Research 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, Scottrade, Fidelity and Charles Schwab.

What is Schnitzer Steel Industries' stock price today?

One share of SCHN stock can currently be purchased for approximately $23.09.

How big of a company is Schnitzer Steel Industries?

Schnitzer Steel Industries has a market capitalization of $624.12 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?

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:  239 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  607
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 1/24/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel