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NASDAQ:SCHN

Schnitzer Steel Industries Stock Forecast, Price & News

$50.11
+1.16 (+2.37%)
(As of 12/8/2021 03:45 PM ET)
Add
Compare
Today's Range
$47.84
▼
$50.22
50-Day Range
$39.18
▼
$56.81
52-Week Range
$27.67
▼
$59.34
Volume
10,201 shs
Average Volume
302,612 shs
Market Capitalization
$1.38 billion
P/E Ratio
8.92
Dividend Yield
1.53%
Beta
1.49
View Price History Chart DataSkip Price History Chart
30 days | 90 days | 365 days | Advanced Chart
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Schnitzer Steel Industries logo

About Schnitzer Steel Industries

Schnitzer Steel Industries, Inc. engages in the recycling of ferrous and nonferrous scrap metal and manufacture of finished steel products. It operates through the following segments: Auto and Metals Recycling (AMR) and Cascade Steel and Scrap (CSS). The Auto and Metals Recycling segment acquires and recycles ferrous and nonferrous scrap metal for sale to foreign and domestic metal producers, processors and brokers and procure salvaged vehicles and sells serviceable used auto parts from these vehicles through a network of self-service auto parts stores. The Cascade Steel and Scrap segment manages a steel mini-mill that produces finished steel long products using ferrous recycled scrap metal and other raw materials. The company was founded by Sam Schnitzer in 1906 and is headquartered in Portland, OR.

Headlines

Four-alarm blaze rips through metal recycling yard in Everett, sending black plume of smoke over Boston area
December 8, 2021 |  msn.com
Large Fire Erupts In Everett At Schnitzer Scrap Metal Site
December 8, 2021 |  msn.com
Photos: Fire breaks out in Everett, sends up massive plume of black smoke
December 8, 2021 |  msn.com
Schnitzer Steel Industries (NASDAQ:SCHN) Shares Gap Up to $47.14
December 7, 2021 |  americanbankingnews.com
Are These Basic Materials Stocks Undervalued Right Now?
December 3, 2021 |  finance.yahoo.com
Nickel Scrap Market Key Players, Share, Size, Future Opportunities, Trends and Forecast 2021-2027
December 2, 2021 |  marketwatch.com
Is Schnitzer Steel (SCHN) Outperforming Other Basic Materials Stocks This Year?
December 1, 2021 |  finance.yahoo.com
Schnitzer Steel Industries (SCHN) Shares Cross Below 200 DMA
November 30, 2021 |  nasdaq.com
U.S. Steel Imports Slump in October As Prices Cool Off
November 25, 2021 |  finance.yahoo.com
Global Steel October Production Tumbles on China Output Curbs
November 24, 2021 |  finance.yahoo.com
YieldBoost Schnitzer Steel Industries From 1.3% To 21.9% Using Options
November 22, 2021 |  nasdaq.com
Is Schnitzer Steel Industries, Inc.'s (NASDAQ:SCHN) Recent Performance Tethered To Its Attractive Financial Prospects?
November 18, 2021 |  nasdaq.com
Schnitzer Steel (SCHN) Shows Fast-paced Momentum But Is Still a Bargain Stock
November 18, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Miscellaneous durable goods
Sub-Industry
Steel
Sector
Basic Materials
Current Symbol
NASDAQ:SCHN
Previous Symbol
CUSIP
80688210
CIK
912603
Web
www.schnitzersteel.com
Phone
(503) 224-9900
Fax
503-323-2804
Employees
3,167
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.76 billion
Price / Sales
0.50
Cash Flow
$9.00 per share
Price / Cash Flow
5.57
Book Value
$30.50 per share
Price / Book
1.64

Profitability

EPS (Most Recent Fiscal Year)
$5.62
Net Income
$165.11 million
Net Margins
5.99%
Pretax Margin
7.54%
Return on Equity
23.38%
Return on Assets
12.65%

Debt

Debt-to-Equity Ratio
0.08
Current Ratio
1.54
Quick Ratio
0.81

Price-To-Earnings

Trailing P/E Ratio
8.92
Forward P/E Ratio
8.19
P/E Growth
N/A

Miscellaneous

Outstanding Shares
27,532,000
Free Float
25,963,000
Market Cap
$1.38 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/21/2021
Ex-Dividend
11/05/2021
Dividend Payable
11/22/2021
Today
12/08/2021
Next Earnings (Estimated)
1/06/2022
Fiscal Year End
8/31/2022

MarketRank™

Overall MarketRank™

2.67 out of 5 stars

Basic Materials Sector

38th out of 223 stocks

Miscellaneous Durable Goods Industry

1st out of 2 stocks

Analyst Opinion: 1.5Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 3.1 5 -4 -3 -2 -1 -












Schnitzer Steel Industries (NASDAQ:SCHN) Frequently Asked Questions

Is Schnitzer Steel Industries a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schnitzer Steel Industries in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Schnitzer Steel Industries stock.
View analyst ratings for Schnitzer Steel Industries or view top-rated stocks.

How has Schnitzer Steel Industries' stock price been impacted by COVID-19 (Coronavirus)?

Schnitzer Steel Industries' stock was trading at $13.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SCHN shares have increased by 264.4% and is now trading at $50.11.
View which stocks have been most impacted by COVID-19.

Are investors shorting Schnitzer Steel Industries?

Schnitzer Steel Industries saw a decrease in short interest during the month of October. As of October 29th, there was short interest totaling 809,700 shares, a decrease of 18.7% from the October 14th total of 996,000 shares. Based on an average daily trading volume, of 241,800 shares, the days-to-cover ratio is presently 3.3 days. Approximately 3.2% of the company's shares are short sold.
View Schnitzer Steel Industries' Short Interest.

When is Schnitzer Steel Industries' next earnings date?

Schnitzer Steel Industries is scheduled to release its next quarterly earnings announcement on Thursday, January 6th 2022.
View our earnings forecast for Schnitzer Steel Industries.

How were Schnitzer Steel Industries' earnings last quarter?

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) issued its earnings results on Thursday, October, 21st. The basic materials company reported $1.81 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.71 by $0.10. Schnitzer Steel Industries had a trailing twelve-month return on equity of 23.38% and a net margin of 5.99%. During the same period last year, the firm posted $0.23 EPS.
View Schnitzer Steel Industries' earnings history.

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 Thursday, October 21st. Shareholders of record on Monday, November 8th will be given a dividend of $0.1875 per share on Monday, November 22nd. This represents a $0.75 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend is Friday, November 5th.
View Schnitzer Steel Industries' dividend history.

Is Schnitzer Steel Industries a good dividend stock?

Schnitzer Steel Industries pays an annual dividend of $0.75 per share and currently has a dividend yield of 1.53%. The dividend payout ratio of Schnitzer Steel Industries is 13.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Schnitzer Steel Industries will have a dividend payout ratio of 9.68% next year. This indicates that Schnitzer Steel Industries will be able to sustain or increase its dividend.
View Schnitzer Steel Industries' dividend history.

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

Schnitzer Steel Industries updated its fourth quarter 2021 earnings guidance on Thursday, October, 28th. The company provided earnings per share (EPS) guidance of $1.750-$1.830 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.570. The company issued revenue guidance of -.

What price target have analysts set for SCHN?

3 brokerages have issued 1-year target prices for Schnitzer Steel Industries' stock. Their forecasts range from $35.00 to $48.00. On average, they anticipate Schnitzer Steel Industries' stock price to reach $41.50 in the next twelve months. This suggests that the stock has a possible downside of 17.2%.
View analysts' price targets for Schnitzer Steel Industries or view top-rated stocks among Wall Street analysts.

Who are Schnitzer Steel Industries' key executives?

Schnitzer Steel Industries' management team includes the following people:

What is Tamara L. Lundgren's approval rating as Schnitzer Steel Industries' CEO?

102 employees have rated Schnitzer Steel Industries CEO Tamara L. Lundgren on Glassdoor.com. Tamara L. Lundgren has an approval rating of 65% among Schnitzer Steel Industries' employees.

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 (SCOR), Costco Wholesale (COST), Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T), Target (TGT) and Advanced Micro Devices (AMD).

What is Schnitzer Steel Industries' stock symbol?

Schnitzer Steel Industries trades on the NASDAQ under the ticker symbol "SCHN."

Who are Schnitzer Steel Industries' major shareholders?

Schnitzer Steel Industries' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.80%), Dimensional Fund Advisors LP (7.73%), Bank of New York Mellon Corp (2.52%), FIL Ltd (2.23%), Alliancebernstein L.P. (2.07%) and Geode Capital Management LLC (1.69%). Company insiders that own Schnitzer Steel Industries stock include John D Carter, Michael R Henderson, Peter B Saba, Richard Peach and Stefano R Gaggini.
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 FIL Ltd, Segall Bryant & Hamill LLC, Millennium Management LLC, Invesco Ltd., Cubist Systematic Strategies LLC, Wellington Management Group LLP, PEAK6 Investments LLC, and Advisor Group Holdings Inc.. Company insiders that have sold Schnitzer Steel Industries company stock in the last year include Michael R Henderson, Peter B Saba, Richard Peach, and Stefano R Gaggini.
View insider buying and selling activity for Schnitzer Steel Industries or view top insider-selling stocks.

Which major investors are buying Schnitzer Steel Industries stock?

SCHN stock was purchased by a variety of institutional investors in the last quarter, including DekaBank Deutsche Girozentrale, Schroder Investment Management Group, Grantham Mayo Van Otterloo & Co. LLC, Healthcare of Ontario Pension Plan Trust Fund, Victory Capital Management Inc., Panagora Asset Management Inc., BlackRock Inc., and Brandywine Global Investment Management LLC.
View insider buying and selling activity for Schnitzer Steel Industries or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Schnitzer Steel Industries' stock price today?

One share of SCHN stock can currently be purchased for approximately $50.11.

How much money does Schnitzer Steel Industries make?

Schnitzer Steel Industries has a market capitalization of $1.38 billion and generates $2.76 billion in revenue each year. The basic materials company earns $165.11 million in net income (profit) each year or $5.62 on an earnings per share basis.

How many employees does Schnitzer Steel Industries have?

Schnitzer Steel Industries employs 3,167 workers across the globe.

What is Schnitzer Steel Industries' official website?

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

Where are Schnitzer Steel Industries' headquarters?

Schnitzer Steel Industries is headquartered at 299 SW CLAY STREET SUITE 350, PORTLAND OR, 97201.

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, via email at [email protected], or via fax at 503-323-2804.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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