NASDAQ:SCHN - Schnitzer Steel Industries Stock Price, Price Target & More

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$33.55 -0.30 (-0.89 %)
(As of 07/20/2018 10:48 AM ET)
Previous Close$33.80
Today's Range$33.55 - $34.05
52-Week Range$24.30 - $38.85
Volume1,436 shs
Average Volume304,822 shs
Market Capitalization$925.70 million
P/E Ratio22.29
Dividend Yield2.18%
Beta1.44
Schnitzer Steel Industries logoSchnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. It operates through two segments, Auto and Metals Recycling (AMR); and Cascade Steel and Scrap (CSS). The AMR segment buys, collects, processes, recycles, sells, and brokers 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 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, and smelters. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 53 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies and parts containing ferrous and nonferrous materials, such as engines, transmissions, and alternators to wholesalers. The CSS segment produces various finished steel products using recycled 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
SymbolNASDAQ:SCHN
CUSIP80688210
Phone503-224-9900

Debt

Debt-to-Equity Ratio0.28
Current Ratio2.20
Quick Ratio1.12

Price-To-Earnings

Trailing P/E Ratio22.29
Forward P/E Ratio9.42
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.69 billion
Price / Sales0.54
Cash Flow$3.3483 per share
Price / Cash10.02
Book Value$22.99 per share
Price / Book1.46

Profitability

EPS (Most Recent Fiscal Year)$1.53
Net Income$44.51 million
Net Margins5.25%
Return on Equity17.21%
Return on Assets9.76%

Miscellaneous

Employees3,183
Outstanding Shares26,950,000
Market Cap$925.70

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 declared a quarterly dividend on Monday, April 30th. Shareholders of record on Monday, May 14th will be given a dividend of $0.1875 per share on Tuesday, May 29th. This represents a $0.75 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date is Friday, May 11th. View Schnitzer Steel Industries' Dividend History.

How were Schnitzer Steel Industries' earnings last quarter?

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) released its quarterly earnings data on Tuesday, June, 26th. The basic materials company reported $1.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.18 by $0.08. The basic materials company earned $652 million during the quarter, compared to the consensus estimate of $651.09 million. Schnitzer Steel Industries had a net margin of 5.25% and a return on equity of 17.21%. The firm's revenue was up 36.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.56 earnings per share. View Schnitzer Steel Industries' Earnings History.

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

Schnitzer Steel Industries updated its third quarter earnings guidance on Thursday, June, 14th. The company provided earnings per share guidance of $1.22-1.28 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.97.

What price target have analysts set for SCHN?

4 analysts have issued twelve-month target prices for Schnitzer Steel Industries' shares. Their forecasts range from $26.00 to $42.00. On average, they anticipate Schnitzer Steel Industries' stock price to reach $35.3333 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Ratings 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 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

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), ICPW Liquidation (ICPWQ) and E-QURE Corp/SH (EQUR).

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 and Sr. VP (Age 54)
  • Mr. Peter B. Saba, Sr. VP, Gen. Counsel & Corp. Sec. (Age 56)
  • Mr. Michael R. Henderson, Sr. VP & Co-Pres of Auto & Metals Recycling Bus. (Age 59)
  • Mr. Steven G. Heiskell, Sr. VP and Co-Pres of Auto & Metals Recycling Bus. (Age 49)

Has Schnitzer Steel Industries been receiving favorable news coverage?

News coverage about SCHN stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Schnitzer Steel Industries earned a coverage optimism score of 0.14 on Accern's scale. They also assigned headlines about the basic materials company an impact score of 45.13 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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 Orca Investment Management LLC (0.28%) and Alpha Windward LLC (0.06%). Company insiders that own Schnitzer Steel Industries stock include Jeffery Dyck, John D Carter, Michael R Henderson, 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 Orca Investment Management LLC. Company insiders that have sold Schnitzer Steel Industries company stock in the last year include Jeffery Dyck, 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 Alpha Windward LLC. 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 $33.55.

How big of a company is Schnitzer Steel Industries?

Schnitzer Steel Industries has a market capitalization of $925.70 million and generates $1.69 billion in revenue each year. The basic materials company earns $44.51 million in net income (profit) each year or $1.53 on an earnings per share basis. Schnitzer Steel Industries employs 3,183 workers across the globe.

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:  1.9 out of 5 (star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  513
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 7/20/2018 by MarketBeat.com Staff

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