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: Iron, Steel Mills & Foundries
  • Sub-Industry: Steel
  • Symbol: NASDAQ:SCHN
  • CUSIP: 80688210
  • Web: www.schnitzersteel.com
Capitalization:
  • Market Cap: $722.42 million
  • Outstanding Shares: 27,600,000
Average Prices:
  • 50 Day Moving Avg: $22.59
  • 200 Day Moving Avg: $21.95
  • 52 Week Range: $17.30 - $30.60
P/E:
  • Trailing P/E Ratio: 17.46
  • Foreward P/E Ratio: 16.78
  • P/E Growth: 1.81
Sales & Book Value:
  • Annual Revenue: $1.58 billion
  • Price / Sales: 0.47
  • Book Value: $18.59 per share
  • Price / Book: 1.44
Dividend:
  • Annual Dividend: $0.75
  • Dividend Yield: 2.8%
Profitability:
  • EBIDTA: $90.43 million
  • Net Margins: 2.68%
  • Return on Equity: 8.34%
  • Return on Assets: 4.65%
Debt:
  • Debt-to-Equity Ratio: 0.36%
  • Current Ratio: 2.31%
  • Quick Ratio: 1.16%
Misc:
  • Average Volume: 474,676 shs.
  • Beta: 1.33
  • Short Ratio: 3.5
 

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. Investors of record on Monday, May 8th will be paid a dividend of $0.1875 per share on Monday, May 22nd. This represents a $0.75 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Thursday, May 4th. View Schnitzer Steel Industries' Dividend History.

How were Schnitzer Steel Industries' earnings last quarter?

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) released its earnings results on Monday, June, 26th. The company reported $0.56 earnings per share for the quarter, meeting analysts' consensus estimates of $0.56. The business earned $477 million during the quarter. Schnitzer Steel Industries had a net margin of 2.68% and a return on equity of 8.34%. Schnitzer Steel Industries's revenue for the quarter was up 35.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.46 earnings per share. View Schnitzer Steel Industries' Earnings History.

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

Schnitzer Steel Industries issued an update on its third quarter earnings guidance on Thursday, June, 15th. The company provided earnings per share guidance of $0.52-0.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.42.

Are investors shorting Schnitzer Steel Industries?

Schnitzer Steel Industries saw a increase in short interest during the month of June. As of June 30th, there was short interest totalling 2,227,944 shares, an increase of 56.3% from the June 15th total of 1,425,189 shares. Based on an average trading volume of 737,058 shares, the short-interest ratio is currently 3.0 days. Currently, 8.7% of the company's stock are sold short.

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:

  • John D. Carter, Chairman of the Board
  • Tamara L. Lundgren, President, Chief Executive Officer, Director
  • Richard D. Peach, Chief Financial Officer, Senior Vice President,Chief of Corporate Operations
  • Peter B. Saba, Senior Vice President, General Counsel, Corporate Secretary
  • Jeffrey Dyck, Senior Vice President, President - Steel Manufacturing Business
  • Steven Heiskell, Senior Vice President and Co-President, Auto and Metals Recycling
  • Michael Henderson, Senior Vice President, Co-President - Metals Recycling Business
  • Stefano Gaggini, Chief Accounting Officer, Vice President, Controller
  • William D. Larsson, Lead Independent Director
  • David J. Anderson, Independent Director

Who owns Schnitzer Steel Industries stock?

Schnitzer Steel Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Orca Investment Management LLC (0.53%), Aperio Group LLC (0.34%), Bank of Montreal Can (0.21%) and GW&K Investment Management LLC (0.04%). Company insiders that own Schnitzer Steel Industries stock include Jeffery Dyck, John D Carter, Michael R Henderson, Peter B Saba, Richard Peach and Stefano R Gaggini. View Institutional Ownership Trends for Schnitzer Steel Industries.

Who bought Schnitzer Steel Industries stock? Who is buying Schnitzer Steel Industries stock?

Schnitzer Steel Industries' stock was acquired by a variety of institutional investors in the last quarter, including Orca Investment Management LLC, Bank of Montreal Can, Aperio Group LLC and GW&K Investment Management LLC. 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.

What is Schnitzer Steel Industries' stock price today?

One share of Schnitzer Steel Industries stock can currently be purchased for approximately $26.85.


MarketBeat Community Rating for Schnitzer Steel Industries (NASDAQ SCHN)
Community Ranking:  1.5 out of 5 ( )
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  273
MarketBeat's community ratings are surveys of what our community members think about Schnitzer Steel Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Schnitzer Steel Industries (NASDAQ:SCHN) (How are Consensus Ratings Calculated?)
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
(Data available from 7/21/2015 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
6/26/2017Q3 17$0.56$0.56$477.00 millionViewN/AView Earnings Details
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: $1.39
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.03)$0.07$0.02
Q2 20171$0.37$0.37$0.37
Q3 20172$0.44$0.55$0.50
Q4 20172$0.46$0.54$0.50
(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:2.79%
Payout Ratio:49.02% (Trailing 12 Months of Earnings)
52.45% (Based on This Year's Estimates)
46.88% (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: 85.77%
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 logoSchnitzer Steel Industries, Inc. (SCHN) Short Interest Update
www.americanbankingnews.com - July 16 at 7:22 AM
finance.yahoo.com logoEarnings Review and Free Research Report: Schnitzer Steel Reported Robust Q3 Results
finance.yahoo.com - July 7 at 10:20 AM
americanbankingnews.com logo Brokerages Anticipate Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Will Announce Earnings of $0.41 Per Share
www.americanbankingnews.com - July 5 at 8:26 PM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Upgraded at TheStreet
www.americanbankingnews.com - July 5 at 3:44 PM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - July 5 at 10:34 AM
americanbankingnews.com logoFinancial Analysis: Schnitzer Steel Industries (NASDAQ:SCHN) versus Ternium (TX)
www.americanbankingnews.com - July 4 at 8:25 AM
finance.yahoo.com logoBreakout Watch: Steel Stock Closing In On Double Bottom Buy Point
finance.yahoo.com - July 4 at 7:09 AM
finance.yahoo.com logoETFs with exposure to Schnitzer Steel Industries, Inc. : June 30, 2017
finance.yahoo.com - July 1 at 7:18 AM
finance.yahoo.com logoIs Schnitzer Steel (SCHN) a Great Stock for Value Investors?
finance.yahoo.com - June 30 at 6:31 AM
finance.yahoo.com logoSchnitzer Steel Industries, Inc. :SCHN-US: Earnings Analysis: Q3, 2017 By the Numbers : June 29, 2017
finance.yahoo.com - June 30 at 6:31 AM
nasdaq.com logoLooking for Value? Why It Might Be Time to Try Schnitzer Steel Industries (SCHN) - Nasdaq
www.nasdaq.com - June 29 at 6:47 AM
nasdaq.com logoEarnings Estimates Moving Higher for Schnitzer Steel Industries (SCHN): Time to Buy? - Nasdaq
www.nasdaq.com - June 28 at 8:24 AM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) to Post Q3 2017 Earnings of $0.55 Per Share, KeyCorp Forecasts
www.americanbankingnews.com - June 28 at 7:46 AM
reuters.com logoBRIEF-Schnitzer Steel Industries Q3 adjusted earnings per share $0.56
www.reuters.com - June 27 at 7:47 PM
seekingalpha.com logoSchnitzer Steel Industries, Inc. 2017 Q3 - Results - Earnings Call Slides
seekingalpha.com - June 27 at 7:47 PM
finance.yahoo.com logoEarnings Estimates Moving Higher for Schnitzer Steel Industries (SCHN): Time to Buy?
finance.yahoo.com - June 27 at 7:47 PM
benzinga.com logoStocks To Watch For June 26, 2017 - Benzinga
www.benzinga.com - June 27 at 8:07 AM
businesswire.com logoSchnitzer Reports Third Quarter 2017 Financial Results - Business Wire (press release)
www.businesswire.com - June 27 at 8:07 AM
benzinga.com logoSchnitzer Steel Industries Surrenders Most Of Early Gains After Q3 Beat - Benzinga
www.benzinga.com - June 27 at 8:07 AM
nasdaq.com logoSchnitzer Steel Industries Inc. Q3 Earnings Advance 23% - Nasdaq
www.nasdaq.com - June 27 at 8:07 AM
finance.yahoo.com logoHere's Where I See Madness In the Stock Market: Market Recon
finance.yahoo.com - June 27 at 8:07 AM
finance.yahoo.com logoSchnitzer Reports Third Quarter 2017 Financial Results
finance.yahoo.com - June 27 at 8:07 AM
finance.yahoo.com logoSchnitzer Steel posts 3Q profit
finance.yahoo.com - June 27 at 8:07 AM
finance.yahoo.com logoEdited Transcript of SCHN earnings conference call or presentation 26-Jun-17 3:30pm GMT
finance.yahoo.com - June 27 at 8:07 AM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Issues Earnings Results
www.americanbankingnews.com - June 26 at 2:08 PM
feeds.benzinga.com logoEarnings Scheduled For June 26, 2017
feeds.benzinga.com - June 26 at 5:03 AM
prnewswire.com logoHow These Basic Materials Stocks are Performing? -- Century Aluminum, Alcoa, Arconic, and Schnitzer Steel Industries - PR Newswire (press release)
www.prnewswire.com - June 23 at 9:50 AM
finance.yahoo.com logo6 Reasons that Make Schnitzer Steel an Attractive Pick Now
finance.yahoo.com - June 23 at 9:50 AM
americanbankingnews.com logoReviewing Schnitzer Steel Industries (SCHN) & Timken Steel Corporation (TMST)
www.americanbankingnews.com - June 21 at 7:34 AM
finance.yahoo.com logoSchnitzer Steel Industries, Inc. breached its 50 day moving average in a Bullish Manner : SCHN-US : June 20, 2017
finance.yahoo.com - June 21 at 4:59 AM
streetinsider.com logoSchnitzer Steel (SCHN) Prelim. Q3 EPS Tops Views
www.streetinsider.com - June 17 at 8:47 PM
streetinsider.com logoSchnitzer Steel (SCHN) Prelim. Q3 EPS Tops Views - StreetInsider.com
www.streetinsider.com - June 15 at 4:01 PM
finance.yahoo.com logoSchnitzer Announces Third Quarter Fiscal 2017 Preliminary Results and Earnings Date
finance.yahoo.com - June 15 at 4:01 PM
finance.yahoo.com logoETFs with exposure to Schnitzer Steel Industries, Inc. : June 15, 2017
finance.yahoo.com - June 15 at 4:01 PM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Releases Q3 Earnings Guidance
www.americanbankingnews.com - June 15 at 8:50 AM
americanbankingnews.com logoComparing Schnitzer Steel Industries (SCHN) & Mechel PAO (MTL)
www.americanbankingnews.com - June 13 at 8:16 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Schnitzer Steel Industries, Inc. (SCHN) to Announce $0.42 Earnings Per Share
www.americanbankingnews.com - June 9 at 10:32 PM
finance.yahoo.com logoSchnitzer Steel Industries, Inc. breached its 50 day moving average in a Bearish Manner : SCHN-US : June 7, 2017
finance.yahoo.com - June 8 at 2:52 AM
americanbankingnews.com logoSchnitzer Steel Industries, Inc. (SCHN) Short Interest Down 9.1% in May
www.americanbankingnews.com - June 1 at 9:52 PM
finance.yahoo.com logoSchnitzer Steel Industries, Inc. – Value Analysis (NASDAQ:SCHN) : May 25, 2017
finance.yahoo.com - May 26 at 6:48 AM
finance.yahoo.com logoSchnitzer Steel Industries, Inc. breached its 50 day moving average in a Bullish Manner : SCHN-US : May 24, 2017
finance.yahoo.com - May 24 at 9:36 AM
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

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Chart

Schnitzer Steel Industries (SCHN) Chart for Friday, July, 21, 2017

This page was last updated on 7/21/2017 by MarketBeat.com Staff