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

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$27.40 -0.80 (-2.84 %)
(As of 09/21/2018 01:55 PM ET)
Previous Close$28.05
Today's Range$27.40 - $28.15
52-Week Range$25.00 - $38.85
Volume3,957 shs
Average Volume322,365 shs
Market Capitalization$751.88 million
P/E Ratio17.94
Dividend Yield2.69%
Beta1.29
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 Ratio17.94
Forward P/E Ratio7.33
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.69 billion
Price / Sales0.44
Cash Flow$3.3661 per share
Price / Cash8.14
Book Value$19.86 per share
Price / Book1.38

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$751.88 million

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 Friday, August 3rd. Stockholders of record on Monday, August 13th will be given a dividend of $0.1875 per share on Monday, August 27th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date is Friday, August 10th. View Schnitzer Steel Industries' Dividend History.

How were Schnitzer Steel Industries' earnings last quarter?

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) issued its quarterly earnings data on Tuesday, June, 26th. The basic materials company reported $1.26 EPS for the quarter, topping the Zacks' consensus estimate of $1.18 by $0.08. The basic materials company had revenue of $652 million for the quarter, compared to analysts' expectations of $651.09 million. Schnitzer Steel Industries had a return on equity of 17.21% and a net margin of 5.25%. Schnitzer Steel Industries's revenue was up 36.7% on a year-over-year basis. During the same period last year, the company posted $0.56 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, October, 23rd 2018. View Earnings Estimates for Schnitzer Steel Industries.

What price target have analysts set for SCHN?

3 brokerages have issued twelve-month price targets for Schnitzer Steel Industries' stock. Their predictions range from $26.00 to $42.00. On average, they anticipate Schnitzer Steel Industries' share price to reach $34.00 in the next year. This suggests a possible upside of 24.1% 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.

Are investors shorting Schnitzer Steel Industries?

Schnitzer Steel Industries saw a decrease in short interest in August. As of August 31st, there was short interest totalling 2,672,086 shares, a decrease of 26.4% from the August 15th total of 3,632,803 shares. Based on an average trading volume of 463,240 shares, the short-interest ratio is currently 5.8 days. Approximately 10.4% of the company's stock are short sold. View Schnitzer Steel Industries' Current Options Chain.

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 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 articles about SCHN stock have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing 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 media and rumor sentiment score of 0.18 on Accern's scale. They also gave media coverage about the basic materials company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Schnitzer Steel Industries.

Who are Schnitzer Steel Industries' major shareholders?

Schnitzer Steel Industries' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.57%), Dimensional Fund Advisors LP (8.39%), Acadian Asset Management LLC (2.44%), Heartland Advisors Inc. (1.98%), Northern Trust Corp (1.85%) and Schwab Charles Investment Management Inc. (1.55%). 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 Wells Fargo & Company MN, Renaissance Technologies LLC, Rutabaga Capital Management LLC MA, Acadian Asset Management LLC, BNP Paribas Arbitrage SA, Millennium Management LLC, Heartland Advisors Inc. and Chicago Equity Partners 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 Northpointe Capital LLC, BlackRock Inc., Systematic Financial Management LP, LSV Asset Management, Trexquant Investment LP, Los Angeles Capital Management & Equity Research Inc., Convergence Investment Partners LLC and Bank of America Corp DE. 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 $27.40.

How big of a company is Schnitzer Steel Industries?

Schnitzer Steel Industries has a market capitalization of $751.88 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:  2.0 out of 5 (star star)
Outperform Votes:  220 (Vote Outperform)
Underperform Votes:  336 (Vote Underperform)
Total Votes:  556
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 9/21/2018 by MarketBeat.com Staff

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