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DOW   31,391.52
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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NASDAQ:SCHN

Schnitzer Steel Industries Stock Forecast, Price & News

$37.16
-0.04 (-0.11 %)
(As of 03/2/2021 12:00 AM ET)
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Today's Range
$36.69
Now: $37.16
$37.59
50-Day Range
$29.11
MA: $33.23
$37.96
52-Week Range
$10.09
Now: $37.16
$42.19
Volume154,520 shs
Average Volume293,650 shs
Market Capitalization$1.01 billion
P/E Ratio61.93
Dividend Yield2.02%
Beta1.37
Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide. The company operates in two segments, Auto and Metals Recycling (AMR), and Cascade Steel and Scrap (CSS). The AMR segment acquires, processes, and recycles 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 recycled scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including mixed metal joint products recovered from the shredding process, such as zorba, zurik, and shredded insulated wires, as well as aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. It sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; and ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors. This segment also procures salvaged vehicles and sells serviceable used auto parts from these vehicles through its 50 self-service auto parts stores in the United States and Western Canada, as well as sells auto bodies. The CSS segment produces various finished steel products using ferrous recycled scrap metal and other raw materials. It provides 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.
Schnitzer Steel Industries logo

Industry, Sector and Symbol

Industry Miscellaneous durable goods
Sub-IndustrySteel
Current SymbolNASDAQ:SCHN
CUSIP80688210
Phone503-224-9900
Employees3,032
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.71 billion
Cash Flow$2.83 per share
Book Value$25.40 per share

Profitability

Net Income$-4,140,000.00

Miscellaneous

Market Cap$1.01 billion
Next Earnings Date4/1/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.37 out of 5 stars

Basic Materials Sector

192nd out of 831 stocks

Miscellaneous Durable Goods Industry

2nd out of 6 stocks

Analyst Opinion: 1.5Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
$37.16
-0.04 (-0.11 %)
(As of 03/2/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Schnitzer Steel Industries (NASDAQ:SCHN) Frequently Asked Questions

Is Schnitzer Steel Industries a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Schnitzer Steel Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Schnitzer Steel Industries stock.
View analyst ratings for Schnitzer Steel Industries
or view top-rated stocks.

What stocks does MarketBeat like better than Schnitzer Steel Industries?

Wall Street analysts have given Schnitzer Steel Industries a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Schnitzer Steel Industries wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Schnitzer Steel Industries?

Schnitzer Steel Industries saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 795,800 shares, a decrease of 14.2% from the December 31st total of 927,600 shares. Based on an average daily volume of 230,900 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.1% of the shares of the company 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, April 1st 2021.
View our earnings forecast for Schnitzer Steel Industries
.

How were Schnitzer Steel Industries' earnings last quarter?

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) posted its quarterly earnings data on Wednesday, January, 6th. The basic materials company reported $0.57 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.39 by $0.18. The basic materials company earned $492.11 million during the quarter. Schnitzer Steel Industries had a net margin of 0.94% and a trailing twelve-month return on equity of 4.83%. During the same quarter in the previous year, the firm earned ($0.17) EPS.
View Schnitzer Steel Industries' earnings history
.

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 (WHO). Since then, SCHN shares have increased by 170.3% and is now trading at $37.16.
View which stocks have been most impacted by COVID-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 7th. Investors of record on Monday, January 18th will be paid a dividend of $0.1875 per share on Monday, February 1st. This represents a $0.75 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, January 14th.
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 2.02%. Schnitzer Steel Industries does not yet have a strock track record of dividend growth. The dividend payout ratio of Schnitzer Steel Industries is 174.42%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Schnitzer Steel Industries will have a dividend payout ratio of 32.75% next year. This indicates that Schnitzer Steel Industries will be able to sustain or increase its dividend.
View Schnitzer Steel Industries' dividend history.

What price target have analysts set for SCHN?

1 Wall Street analysts have issued 12-month price objectives for Schnitzer Steel Industries' shares. Their forecasts range from $35.00 to $35.00. On average, they anticipate Schnitzer Steel Industries' share price to reach $35.00 in the next twelve months. This suggests that the stock has a possible downside of 5.8%.
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:
  • Ms. Tamara L. Adler Lundgren J.D., Chairman, Pres & CEO (Age 63, Pay $2.92M)
  • Mr. Richard D. Peach, Exec. VP, CFO & Chief Strategy Officer (Age 57, Pay $1.31M)
  • Mr. Michael R. Henderson, Sr. VP & Pres of Operations (Age 62, Pay $1.14M)
  • Mr. Steven G. Heiskell, Sr. VP & Pres of Products and Services (Age 52, Pay $988.32k)
  • Mr. Stefano R. Gaggini, Deputy CFO, VP & Chief Accounting Officer (Age 50)
  • Mr. Michael Bennett, Sr. Director of Investor Relations
  • Mr. Peter B. Saba, Sr. VP, Gen. Counsel & Corp. Sec. (Age 59)
  • Mr. Robert Stone, VP of Corp. Devel.
  • Mr. Erich D. Wilson, Sr. VP, Chief HR Officer & Chief of Corp. Operations (Age 53)
  • Brian Shipley, Deputy Chief of Staff

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.

Who are some of Schnitzer Steel Industries' key competitors?

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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.26%), Dimensional Fund Advisors LP (8.17%), Alliancebernstein L.P. (4.74%), Bank of New York Mellon Corp (3.84%), FIL Ltd (3.01%) and Morgan Stanley (1.81%). Company insiders that own Schnitzer Steel Industries stock include Jeffery Dyck, John D Carter, Peter B Saba, Richard Peach, Robert Garrett Smith and Stefano R Gaggini.
View institutional ownership trends for Schnitzer Steel Industries
.

Which institutional 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, Matarin Capital Management LLC, Dimensional Fund Advisors LP, Northern Trust Corp, State Board of Administration of Florida Retirement System, Nuveen Asset Management LLC, Los Angeles Capital Management LLC, and Van ECK Associates Corp. Company insiders that have sold Schnitzer Steel Industries company stock in the last year include John D Carter, Peter B Saba, and Stefano R Gaggini.
View insider buying and selling activity for Schnitzer Steel Industries
or view top insider-selling stocks.

Which institutional investors are buying Schnitzer Steel Industries stock?

SCHN stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., BlackRock Inc., GW&K Investment Management LLC, Norges Bank, Nia Impact Advisors LLC, JPMorgan Chase & Co., FIL Ltd, and UBS Asset Management Americas Inc..
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 $37.16.

How much money does Schnitzer Steel Industries make?

Schnitzer Steel Industries has a market capitalization of $1.01 billion and generates $1.71 billion in revenue each year. The basic materials company earns $-4,140,000.00 in net income (profit) each year or $0.43 on an earnings per share basis.

How many employees does Schnitzer Steel Industries have?

Schnitzer Steel Industries employs 3,032 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 or via email at [email protected]


This page was last updated on 3/3/2021 by MarketBeat.com Staff

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