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

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

Schnitzer Steel Industries announced a quarterly dividend on Wednesday, November 6th. Investors of record on Monday, November 18th will be paid a dividend of $0.1875 per share on Friday, November 29th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend is Friday, November 15th. View Schnitzer Steel Industries' Dividend History.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) released its quarterly earnings results on Wednesday, January, 8th. The basic materials company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.16) by $0.01. The basic materials company earned $405.58 million during the quarter, compared to analysts' expectations of $406.46 million. Schnitzer Steel Industries had a net margin of 1.68% and a return on equity of 5.56%. Schnitzer Steel Industries's revenue for the quarter was down 28.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.58 earnings per share. View Schnitzer Steel Industries' Earnings History.

Schnitzer Steel Industries is scheduled to release their next quarterly earnings announcement on Thursday, April 2nd 2020. View Earnings Estimates for Schnitzer Steel Industries.

3 analysts have issued 1-year price objectives for Schnitzer Steel Industries' shares. Their forecasts range from $21.00 to $23.00. On average, they expect Schnitzer Steel Industries' stock price to reach $22.33 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets 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.

Media stories about SCHN stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news 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 positive five, with scores closest to five being the most favorable. Schnitzer Steel Industries earned a news impact score of -1.0 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Schnitzer Steel Industries.

Some companies that are related to Schnitzer Steel Industries include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Commercial Metals (CMC), Allegheny Technologies (ATI), Worthington Industries (WOR), Carpenter Technology (CRS), Cleveland-Cliffs (CLF), United States Steel (X), AK Steel (AKS), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Schnitzer Steel Industries investors own include COMSCORE (SCOR), Valero Energy (VLO), Cisco Systems (CSCO), Intel (INTC), AK Steel (AKS), Vale (VALE), Costco Wholesale (COST), Bank of America (BAC), Micron Technology (MU) and Tesla (TSLA).

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.

One share of SCHN stock can currently be purchased for approximately $20.73.

Schnitzer Steel Industries has a market capitalization of $552.87 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.

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

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]