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

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$25.42 -0.68 (-2.61 %)
(As of 12/13/2018 04:00 PM ET)
Previous Close$26.10
Today's Range$25.36 - $26.30
52-Week Range$23.70 - $38.85
Volume206,300 shs
Average Volume337,787 shs
Market Capitalization$687.31 million
P/E Ratio4.72
Dividend Yield2.91%
Beta1.12
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.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Miscellaneous durable goods
Sub-IndustrySteel
SectorBasic Materials
Current SymbolNASDAQ:SCHN
Previous Symbol
CUSIP80688210
Phone503-224-9900

Debt

Debt-to-Equity Ratio0.16
Current Ratio1.76
Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio4.72
Forward P/E Ratio10.01
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.36 billion
Price / Sales0.29
Cash Flow$7.5430 per share
Price / Cash Flow3.37
Book Value$25.10 per share
Price / Book1.01

Profitability

EPS (Most Recent Fiscal Year)$5.39
Net Income$156.45 million
Net Margins6.62%
Return on Equity23.08%
Return on Assets13.28%

Miscellaneous

Employees3,575
Outstanding Shares26,700,000
Market Cap$687.31 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 paid a dividend of $0.1875 per share on Monday, November 26th. This represents a $0.75 annualized dividend and a yield of 2.95%. The ex-dividend date 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 results on Wednesday, October, 24th. The basic materials company reported $2.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $1.11. The basic materials company earned $670 million during the quarter, compared to the consensus estimate of $641.60 million. Schnitzer Steel Industries had a return on equity of 23.08% and a net margin of 6.62%. The company's revenue for the quarter was up 35.6% compared to the same quarter last year. During the same quarter in the previous 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 Tuesday, January 8th 2019. View Earnings Estimates for Schnitzer Steel Industries.

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

Schnitzer Steel Industries issued an update on its fourth quarter earnings guidance on Thursday, September, 27th. The company provided earnings per share guidance of $0.93-0.98 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.97.

What price target have analysts set for SCHN?

3 Wall Street analysts have issued 1 year price targets for Schnitzer Steel Industries' shares. Their forecasts range from $26.00 to $42.00. On average, they anticipate Schnitzer Steel Industries' share price to reach $32.3333 in the next twelve months. This suggests a possible upside of 27.2% 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, 1 hold rating and 1 buy rating 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?

Media stories about SCHN stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Schnitzer Steel Industries earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact 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 60)
  • Mr. Richard D. Peach, CFO, Chief of Corp. Operations & Sr. VP (Age 54)
  • Mr. Peter B. Saba, Sr. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • Mr. Michael R. Henderson, Sr. VP and Co-Pres of Auto, Metals Recycling Bus. & Cascade Steel & Scrap (Age 59)
  • Mr. Steven G. Heiskell, Sr. VP and Co-Pres of Auto & Metals Recycling Bus. (Age 49)

Who are Schnitzer Steel Industries' major shareholders?

Schnitzer Steel Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.69%), Vanguard Group Inc (10.61%), Vanguard Group Inc. (10.61%), Dimensional Fund Advisors LP (8.42%), Teachers Advisors LLC (2.50%) and Acadian Asset Management LLC (2.38%). 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 selling Schnitzer Steel Industries stock?

SCHN stock was sold by a variety of institutional investors in the last quarter, including Heartland Advisors Inc., Man Group plc, Rutabaga Capital Management LLC MA, Northpointe Capital LLC, Chicago Equity Partners LLC, Morgan Stanley, Royce & Associates LP and Alliancebernstein L.P.. Company insiders that have sold Schnitzer Steel Industries company stock in the last year include John D Carter, Peter B Saba, Richard Peach, Stefano R Gaggini and Steven Heiskell. 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 Matarin Capital Management LLC, Foundry Partners LLC, Marshall Wace LLP, Tocqueville Asset Management L.P., SG Americas Securities LLC, TIAA CREF Investment Management LLC, LSV Asset Management and Allianz Asset Management GmbH. 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 $25.42.

How big of a company is Schnitzer Steel Industries?

Schnitzer Steel Industries has a market capitalization of $687.31 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:  235 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  596
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 12/13/2018 by MarketBeat.com Staff

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