NASDAQ:SCHN Schnitzer Steel Industries - SCHN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Schnitzer Steel Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $34.24 -0.27 (-0.78%) (As of 01/27/2023 08:55 PM ET) Add Compare Share Share Today's Range$33.78▼$34.7850-Day Range$30.65▼$34.7252-Week Range$25.96▼$59.70Volume134,100 shsAverage Volume214,589 shsMarket Capitalization$922.77 millionP/E Ratio9.76Dividend Yield2.19%Price Target$50.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Schnitzer Steel Industries MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside47.5% Upside$50.50 Price TargetShort InterestHealthy1.68% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-2.75Upright™ Environmental ScoreNews Sentiment-0.18Based on 12 Articles This WeekInsider TradingSelling Shares$639,735 Sold Last QuarterProj. Earnings Growth142.05%From $0.88 to $2.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.04 out of 5 starsBasic Materials Sector3rd out of 160 stocksMiscellaneous Durable Goods Industry1st out of 2 stocks 3.5 Analyst's Opinion Consensus RatingSchnitzer Steel Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.50, Schnitzer Steel Industries has a forecasted upside of 47.5% from its current price of $34.24.Amount of Analyst CoverageSchnitzer Steel Industries has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.68% of the float of Schnitzer Steel Industries has been sold short.Short Interest Ratio / Days to CoverSchnitzer Steel Industries has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Schnitzer Steel Industries has recently decreased by 1.53%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldSchnitzer Steel Industries pays a meaningful dividend of 2.19%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSchnitzer Steel Industries does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Schnitzer Steel Industries is 21.37%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Schnitzer Steel Industries will have a dividend payout ratio of 35.21% next year. This indicates that Schnitzer Steel Industries will be able to sustain or increase its dividend. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSchnitzer Steel Industries has received a -7.86% net impact score from Upright. The largest negative impact of Schnitzer Steel Industries in category "GHG emissions" seems to be driven mostly by its "Recycled steel", "Stainless steel bars", and "Metal waste recycling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Schnitzer Steel Industries is -2.75. Previous Next 1.6 News and Social Media Coverage News SentimentSchnitzer Steel Industries has a news sentiment score of -0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Schnitzer Steel Industries this week, compared to 2 articles on an average week.Search Interest7 people have searched for SCHN on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Schnitzer Steel Industries insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $639,735.00 in company stock.Percentage Held by InsidersOnly 6.10% of the stock of Schnitzer Steel Industries is held by insiders.Percentage Held by Institutions82.29% of the stock of Schnitzer Steel Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Schnitzer Steel Industries are expected to grow by 142.05% in the coming year, from $0.88 to $2.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Schnitzer Steel Industries is 9.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Schnitzer Steel Industries is 9.76, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 80.48.Price to Book Value per Share RatioSchnitzer Steel Industries has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Schnitzer Steel Industries (NASDAQ:SCHN) StockSchnitzer 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.Read More Receive SCHN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Schnitzer Steel Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address SCHN Stock News HeadlinesJanuary 28, 2023 | americanbankingnews.comKeyCorp Equities Analysts Cut Earnings Estimates for Schnitzer Steel Industries, Inc. (NASDAQ:SCHN)January 24, 2023 | marketwatch.comA36 Steel Sheet Market Expanding Existing Industry Status by Topmost Players : DOWA, Schnitzer Steel Industries, Arcelor, POSCOJanuary 30, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 23, 2023 | marketwatch.comIron and Steel Scrap Recycling Market 2023 : Opportunities in Future, Business Growth Analysis by Top Countries Data and Industry Players by 2028January 18, 2023 | msn.comWorld’s greenest company comes from one of the ‘dirtiest sectors’ in surprise rankingJanuary 18, 2023 | finance.yahoo.comSchnitzer Steel Named Most Sustainable Company in the World by Corporate KnightsJanuary 18, 2023 | ca.finance.yahoo.comSteel recycler beats wind firm to become world's most sustainable companyJanuary 16, 2023 | marketwatch.comAutomotive Recycling Market Size, Latest Trends, Share, Top Players, Revenue and Forecast 2028January 30, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 15, 2023 | seekingalpha.comSchnitzer Steel: Bullish OutlookJanuary 12, 2023 | marketwatch.comAutomotive Recycling Market Research, Growth Size, and Outlook 2029 | Promising Players Scholz, Schnitzer Steel Industries, LKQ, ToyotaJanuary 9, 2023 | finance.yahoo.comSchnitzer Steel Industries First Quarter 2023 Earnings: US$0.64 loss per share (vs US$1.64 profit in 1Q 2022)January 8, 2023 | finance.yahoo.comSchnitzer Steel Industries (NASDAQ:SCHN) Is Paying Out A Dividend Of $0.1875January 6, 2023 | benzinga.comSchnitzer Steel Indus Earnings Perspective: Return On Capital EmployedJanuary 5, 2023 | seekingalpha.comSchnitzer Steel Industries, Inc. (SCHN) Q1 2023 Earnings Call TranscriptJanuary 5, 2023 | msn.comSchnitzer Steel declares $0.1875 dividendJanuary 5, 2023 | finance.yahoo.comSchnitzer Reports First Quarter Fiscal 2023 Financial ResultsJanuary 4, 2023 | markets.businessinsider.comHere's what Wall Street expects from Schnitzer Steel Industries's earnings reportJanuary 3, 2023 | finance.yahoo.comAre Investors Undervaluing Schnitzer Steel Industries (SCHN) Right Now?January 2, 2023 | finance.yahoo.comSchnitzer Steel Industries, Inc.'s (NASDAQ:SCHN) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?December 19, 2022 | finance.yahoo.comFirst Quarter Fiscal 2023 Preliminary Results and Announcement of Earnings DateDecember 16, 2022 | finance.yahoo.comSchnitzer Steel Industries' (NASDAQ:SCHN) investors will be pleased with their notable 60% return over the last three yearsDecember 15, 2022 | finance.yahoo.comSchnitzer Steel Highlights Achievements on People, Planet, and Profit Goals in Its Fiscal Year 2022 Sustainability ReportDecember 11, 2022 | marketwatch.comAutomotive Recycling Market Size, Share 2022 : Industry Growing Rapidly with Recent Trends, Development, Revenue by 2028November 25, 2022 | finance.yahoo.comSchnitzer Steel Industries (NASDAQ:SCHN) Is Doing The Right Things To Multiply Its Share PriceNovember 19, 2022 | seekingalpha.comSchnitzer Steel Industries (SCHN) Investor Presentation- SlideshowNovember 18, 2022 | marketwatch.comGlobal Automotive Recycling Market Size and Trends Analysis 2022 by Drivers, Key Players, Product Types, Market Dynamics and Forecast to 2028See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SCHN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Schnitzer Steel Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address SCHN Company Calendar Ex-Dividend for 11/29 Dividend11/09/2022Dividend Payable11/29/2022Last Earnings1/05/2023Today1/30/2023Ex-Dividend for 2/14 Dividend1/30/2023Dividend Payable2/14/2023Next Earnings (Estimated)4/05/2023Fiscal Year End8/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Miscellaneous durable goods Sub-IndustrySteel SectorBasic Materials Current SymbolNASDAQ:SCHN CUSIP80688210 CIK912603 Webwww.schnitzersteel.com Phone(503) 224-9900Fax503-323-2804Employees3,471Year FoundedN/APrice Target and Rating Average Stock Price Forecast$50.50 High Stock Price Forecast$62.00 Low Stock Price Forecast$39.00 Forecasted Upside/Downside+47.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.51 Trailing P/E Ratio9.76 Forward P/E Ratio38.91 P/E GrowthN/ANet Income$168.80 million Net Margins3.19% Pretax Margin4.10% Return on Equity12.75% Return on Assets6.58% Debt Debt-to-Equity Ratio0.38 Current Ratio2.05 Quick Ratio0.94 Sales & Book Value Annual Sales$3.49 billion Price / Sales0.26 Cash Flow$9.43 per share Price / Cash Flow3.63 Book Value$35.57 per share Price / Book0.96Miscellaneous Outstanding Shares26,950,000Free Float25,303,000Market Cap$922.77 million OptionableOptionable Beta1.51 Key ExecutivesMs. Tamara L. Lundgren J.D. (Age 65)Chairman, Pres & CEO Comp: $3.04MMr. Stefano R. Gaggini (Age 52)Sr. VP & CFO Comp: $881.17kMr. Richard D. Peach (Age 59)Exec. VP & Chief Strategy Officer Comp: $1.5MMr. Michael R. Henderson (Age 64)Sr. VP & Pres of Operations Comp: $1.3MMr. Steven G. Heiskell (Age 54)Sr. VP & Pres of Products and Services Comp: $1.14MMr. Mark Schuessler (Age 44)VP & Chief Accounting Officer Mr. Michael BennettVP of Investor RelationsMr. James Matthew Vaughn (Age 50)Sr. VP, Gen. Counsel & Corp. Sec. Mr. Robert StoneVP of Corp. Devel.Mr. Erich D. Wilson (Age 54)Sr. VP, Chief HR Officer & Chief of Corp. Operations More ExecutivesKey CompetitorsU.S. SilicaNYSE:SLCAFerroglobeNASDAQ:GSMTimkenSteelNYSE:TMSTWestlake Chemical PartnersNYSE:WLKPNexa ResourcesNYSE:NEXAView All CompetitorsInsiders & InstitutionsStrs OhioBought 10,300 shares on 1/26/2023Ownership: 0.038%Allspring Global Investments Holdings LLCBought 12,369 shares on 1/23/2023Ownership: 0.840%Pendal Group LtdBought 29,413 shares on 1/19/2023Ownership: 0.317%Green Alpha Advisors LLCBought 4,608 shares on 1/12/2023Ownership: 0.143%Bank of New York Mellon CorpBought 39,579 shares on 12/8/2022Ownership: 2.126%View All Insider TransactionsView All Institutional Transactions SCHN Stock - Frequently Asked Questions Should I buy or sell Schnitzer Steel Industries stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Schnitzer Steel Industries in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SCHN shares. View SCHN analyst ratings or view top-rated stocks. What is Schnitzer Steel Industries' stock price forecast for 2023? 2 brokers have issued 1-year price objectives for Schnitzer Steel Industries' stock. Their SCHN share price forecasts range from $39.00 to $62.00. On average, they anticipate the company's share price to reach $50.50 in the next twelve months. This suggests a possible upside of 47.5% from the stock's current price. View analysts price targets for SCHN or view top-rated stocks among Wall Street analysts. How have SCHN shares performed in 2023? Schnitzer Steel Industries' stock was trading at $30.65 on January 1st, 2023. Since then, SCHN shares have increased by 11.7% and is now trading at $34.24. View the best growth stocks for 2023 here. When is Schnitzer Steel Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 5th 2023. View our SCHN earnings forecast. How were Schnitzer Steel Industries' earnings last quarter? Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) announced its earnings results on Thursday, January, 5th. The basic materials company reported ($0.44) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.45) by $0.01. The basic materials company earned $598.73 million during the quarter, compared to analysts' expectations of $624.40 million. Schnitzer Steel Industries had a trailing twelve-month return on equity of 12.75% and a net margin of 3.19%. 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, January 5th. Shareholders of record on Tuesday, January 31st will be given a dividend of $0.1875 per share on Tuesday, February 14th. This represents a $0.75 annualized dividend and a dividend yield of 2.19%. The ex-dividend date is Monday, January 30th. Read our dividend analysis for SCHN. Is Schnitzer Steel Industries a good dividend stock? Schnitzer Steel Industries (NASDAQ:SCHN) pays an annual dividend of $0.75 per share and currently has a dividend yield of 2.19%. The dividend payout ratio is 21.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCHN will have a dividend payout ratio of 35.21% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SCHN. What guidance has Schnitzer Steel Industries issued on next quarter's earnings? Schnitzer Steel Industries issued an update on its first quarter 2023 earnings guidance on Monday, December, 19th. The company provided earnings per share (EPS) guidance of -$0.49--$0.44 for the period, compared to the consensus EPS estimate of -$0.17. The company issued revenue guidance of -. What is Tamara L. Lundgren's approval rating as Schnitzer Steel Industries' CEO? 102 employees have rated Schnitzer Steel Industries Chief Executive Officer Tamara L. Lundgren on Glassdoor.com. Tamara L. Lundgren has an approval rating of 65% among the company's 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 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 a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.84%), Pendal Group Ltd (0.32%), Green Alpha Advisors LLC (0.14%) and Strs Ohio (0.04%). Insiders that own company stock include John D Carter, Michael R Henderson, Peter B Saba, Richard Peach, Stefano R Gaggini and Wayland R Hicks. View institutional ownership trends. How do I buy shares of Schnitzer Steel Industries? Shares of SCHN stock 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 $34.24. How much money does Schnitzer Steel Industries make? Schnitzer Steel Industries (NASDAQ:SCHN) has a market capitalization of $922.77 million and generates $3.49 billion in revenue each year. The basic materials company earns $168.80 million in net income (profit) each year or $3.51 on an earnings per share basis. How many employees does Schnitzer Steel Industries have? The company employs 3,471 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 official website for the company is www.schnitzersteel.com. The basic materials company can be reached via phone at (503) 224-9900, via email at ir@schn.com, or via fax at 503-323-2804. This page (NASDAQ:SCHN) was last updated on 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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