S&P 500   3,783.57 (-0.19%)
DOW   30,298.87 (-0.06%)
QQQ   280.67 (-0.52%)
AAPL   145.59 (-0.35%)
MSFT   247.89 (-0.40%)
META   137.75 (-1.80%)
GOOGL   100.72 (-0.91%)
AMZN   120.08 (-0.83%)
TSLA   237.98 (-4.59%)
NVDA   130.56 (-0.84%)
NIO   15.88 (-5.08%)
BABA   84.19 (+0.10%)
AMD   67.34 (-0.82%)
T   15.94 (-0.93%)
MU   54.39 (+0.80%)
CGC   3.02 (-3.82%)
F   12.43 (+0.57%)
GE   67.59 (+0.07%)
DIS   99.77 (-1.65%)
AMC   7.26 (-7.28%)
PYPL   93.38 (+0.64%)
PFE   44.08 (-0.85%)
NFLX   233.96 (-2.82%)
S&P 500   3,783.57 (-0.19%)
DOW   30,298.87 (-0.06%)
QQQ   280.67 (-0.52%)
AAPL   145.59 (-0.35%)
MSFT   247.89 (-0.40%)
META   137.75 (-1.80%)
GOOGL   100.72 (-0.91%)
AMZN   120.08 (-0.83%)
TSLA   237.98 (-4.59%)
NVDA   130.56 (-0.84%)
NIO   15.88 (-5.08%)
BABA   84.19 (+0.10%)
AMD   67.34 (-0.82%)
T   15.94 (-0.93%)
MU   54.39 (+0.80%)
CGC   3.02 (-3.82%)
F   12.43 (+0.57%)
GE   67.59 (+0.07%)
DIS   99.77 (-1.65%)
AMC   7.26 (-7.28%)
PYPL   93.38 (+0.64%)
PFE   44.08 (-0.85%)
NFLX   233.96 (-2.82%)
S&P 500   3,783.57 (-0.19%)
DOW   30,298.87 (-0.06%)
QQQ   280.67 (-0.52%)
AAPL   145.59 (-0.35%)
MSFT   247.89 (-0.40%)
META   137.75 (-1.80%)
GOOGL   100.72 (-0.91%)
AMZN   120.08 (-0.83%)
TSLA   237.98 (-4.59%)
NVDA   130.56 (-0.84%)
NIO   15.88 (-5.08%)
BABA   84.19 (+0.10%)
AMD   67.34 (-0.82%)
T   15.94 (-0.93%)
MU   54.39 (+0.80%)
CGC   3.02 (-3.82%)
F   12.43 (+0.57%)
GE   67.59 (+0.07%)
DIS   99.77 (-1.65%)
AMC   7.26 (-7.28%)
PYPL   93.38 (+0.64%)
PFE   44.08 (-0.85%)
NFLX   233.96 (-2.82%)
S&P 500   3,783.57 (-0.19%)
DOW   30,298.87 (-0.06%)
QQQ   280.67 (-0.52%)
AAPL   145.59 (-0.35%)
MSFT   247.89 (-0.40%)
META   137.75 (-1.80%)
GOOGL   100.72 (-0.91%)
AMZN   120.08 (-0.83%)
TSLA   237.98 (-4.59%)
NVDA   130.56 (-0.84%)
NIO   15.88 (-5.08%)
BABA   84.19 (+0.10%)
AMD   67.34 (-0.82%)
T   15.94 (-0.93%)
MU   54.39 (+0.80%)
CGC   3.02 (-3.82%)
F   12.43 (+0.57%)
GE   67.59 (+0.07%)
DIS   99.77 (-1.65%)
AMC   7.26 (-7.28%)
PYPL   93.38 (+0.64%)
PFE   44.08 (-0.85%)
NFLX   233.96 (-2.82%)
NASDAQ:SCHN

Schnitzer Steel Industries - SCHN Stock Forecast, Price & News

$30.34
-2.15 (-6.62%)
(As of 10/5/2022 02:06 PM ET)
Add
Compare
Today's Range
$30.21
▼
$31.70
50-Day Range
$28.46
▼
$37.33
52-Week Range
$28.29
▼
$59.70
Volume
4,477 shs
Average Volume
174,163 shs
Market Capitalization
$832.83 million
P/E Ratio
4.48
Dividend Yield
2.41%
Price Target
$54.50

Schnitzer Steel Industries MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
79.7% Upside
$54.50 Price Target
Short Interest
Healthy
2.25% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.02
Upright™ Environmental Score
News Sentiment
0.31mentions of Schnitzer Steel Industries in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$61,700 Bought Last Quarter
Proj. Earnings Growth
-38.57%
From $6.43 to $3.95 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.81 out of 5 stars

Basic Materials Sector

31st out of 166 stocks

Miscellaneous Durable Goods Industry

1st out of 2 stocks

See Top Rated MarketRank™ Stocks Here
SCHN stock logo

About Schnitzer Steel Industries (NASDAQ:SCHN) Stock

Schnitzer Steel Industries, Inc. recycles ferrous and nonferrous metal, and manufactures finished steel products worldwide. The company acquires, processes, and recycles salvaged vehicles, rail cars, home appliances, industrial machinery, manufacturing scrap, and construction and demolition scrap. It offers recycled ferrous 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, aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high temperature alloys. The company 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. In addition, it produces various finished steel products using ferrous recycled metal and other raw materials, as well as semi-finished goods, which include billets; and finished goods consisting of rebar, coiled rebar, wire rods, merchant bars, and other specialty products. Further, the company sells catalytic converters to specialty processors that extract the nonferrous precious metals, including platinum, palladium, and rhodium; ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors; and finished steel customers are primarily steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and major farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.

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.

SCHN Stock News Headlines

October 4, 2022 | seekingalpha.com
Schnitzer Steel sees Q4 adjusted EPS below Wall Street consensus
October 4, 2022 | finance.yahoo.com
Fourth Quarter and Fiscal 2022 Preliminary Results and Announcement of Earnings Date
September 26, 2022 | marketwatch.com
A36 Steel Sheet Market Size and Share Estimation 2022-2028 | Regional Overview, Growth Opportunity, Business Prospect and New Challenges
September 25, 2022 | fool.com
Schnitzer Steel Industries (NASDAQ: SCHN)
September 23, 2022 | bizjournals.com
Schnitzer West moves ahead with its latest Bellevue office tower proposal
September 22, 2022 | bizjournals.com
Schnitzer Properties unveils new renderings for 12-story hotel at Union Square in San Francisco
September 20, 2022 | bizjournals.com
Jordan Schnitzer hires former Nashville councilman to 'revitalize Portland'
September 8, 2022 | finance.yahoo.com
Schnitzer Steel Industries, Inc. (SCHN)
August 29, 2022 | bizjournals.com
Portland's Western Machine is hiring and looking to expand
August 26, 2022 | msn.com
Fire displaces 14, destroys homeless encampment north of Schnitzer Steel on Highway 99
August 17, 2022 | nasdaq.com
Schnitzer Steel Industries (NASDAQ:SCHN) Is Looking To Continue Growing Its Returns On Capital
August 10, 2022 | bizjournals.com
Exclusive: Portland's Schnitzer Steel weighs HQ options as KOIN Tower lease nears end
August 9, 2022 | marketwatch.com
Steel Flat Bar Market Size 2022, Global Trends, Industry Share, Growth Drivers, Business Opportunities and Demand Forecast to 2028
August 1, 2022 | finance.yahoo.com
Schnitzer Steel appoints new CFO, shifting of financial team roles
August 1, 2022 | nasdaq.com
Schnitzer Steel Appoints Stefano Gaggini As New CFO
August 1, 2022 | finance.yahoo.com
Schnitzer Steel Expands Role of Chief Strategy Officer and Appoints New Chief Financial Officer
July 20, 2022 | finance.yahoo.com
Could The Market Be Wrong About Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) Given Its Attractive Financial Prospects?
July 11, 2022 | markets.businessinsider.com
Insiders Buying Rocket Companies, Schnitzer Steel And This Energy Stock
July 8, 2022 | nasdaq.com
Friday 7/8 Insider Buying Report: SCHN
July 7, 2022 | finance.yahoo.com
Implied Volatility Surging for Schnitzer Steel (SCHN) Stock Options
July 2, 2022 | finance.yahoo.com
Schnitzer Steel Industries (NASDAQ:SCHN) Is Due To Pay A Dividend Of US$0.19
July 1, 2022 | seekingalpha.com
Schnitzer Steel: Recycled Metal Prices To Fall, Demand To Rise
June 29, 2022 | nasdaq.com
Schnitzer Steel (SCHN) Tops Q3 Earnings and Revenue Estimates
June 29, 2022 | msn.com
Recap: Schnitzer Steel Industries Q3 Earnings
June 29, 2022 | marketwatch.com
Schnitzer Steel Benefits From Recycled Metals Demand -- Commodity Comment
See More Headlines
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.

SCHN Company Calendar

Last Earnings
1/06/2022
Ex-Dividend for 7/8 Dividend
7/08/2022
Dividend Payable
7/08/2022
Ex-Dividend for 7/25 Dividend
7/08/2022
Dividend Payable
7/25/2022
Today
10/05/2022
Next Earnings (Estimated)
10/20/2022
Fiscal Year End
8/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Miscellaneous durable goods
Sub-Industry
Steel
Sector
Basic Materials
Current Symbol
NASDAQ:SCHN
CUSIP
80688210
CIK
912603
Web
www.schnitzersteel.com
Phone
(503) 224-9900
Fax
503-323-2804
Employees
3,167
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$54.50
High Stock Price Forecast
$62.00
Low Stock Price Forecast
$47.00
Forecasted Upside/Downside
+79.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$6.77
Trailing P/E Ratio
4.48
Forward P/E Ratio
4.72
P/E Growth
N/A
Net Income
$165.11 million
Net Margins
5.85%
Pretax Margin
7.40%
Return on Equity
24.41%
Return on Assets
12.78%

Debt

Debt-to-Equity Ratio
0.33
Current Ratio
2.07
Quick Ratio
0.91

Sales & Book Value

Annual Sales
$2.76 billion
Price / Sales
0.30
Cash Flow
$8.38 per share
Price / Cash Flow
3.62
Book Value
$30.50 per share
Price / Book
0.99

Miscellaneous

Outstanding Shares
27,450,000
Free Float
25,745,000
Market Cap
$832.83 million
Optionable
Optionable
Beta
1.52

Key Executives

  • Ms. Tamara L. Lundgren J.D. (Age 64)
    Chairman, Pres & CEO
    Comp: $6.23M
  • Mr. Richard D. PeachMr. Richard D. Peach (Age 58)
    Exec. VP, CFO & Chief Strategy Officer
    Comp: $2.13M
  • Mr. Michael R. HendersonMr. Michael R. Henderson (Age 63)
    Sr. VP & Pres of Operations
    Comp: $1.84M
  • Mr. Peter B. SabaMr. Peter B. Saba (Age 60)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.28M
  • Mr. Steven G. Heiskell (Age 53)
    Sr. VP & Pres of Products and Services
    Comp: $1.62M
  • Mr. Stefano R. GagginiMr. Stefano R. Gaggini (Age 51)
    Deputy CFO, VP & Chief Accounting Officer
  • Mr. Michael Bennett
    VP of Investor Relations
  • Mr. Robert Stone
    VP of Corp. Devel.
  • Mr. Erich D. Wilson (Age 53)
    Sr. VP, Chief HR Officer & Chief of Corp. Operations
  • Mr. Jeffrey Dyck (Age 59)
    Advisor

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SCHN Stock - Frequently Asked Questions

Should I buy or sell Schnitzer Steel Industries stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Schnitzer Steel Industries in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 2022?

2 brokerages have issued 1-year price targets for Schnitzer Steel Industries' shares. Their SCHN share price forecasts range from $47.00 to $62.00. On average, they predict the company's share price to reach $54.50 in the next twelve months. This suggests a possible upside of 67.7% 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 2022?

Schnitzer Steel Industries' stock was trading at $51.92 at the beginning of 2022. Since then, SCHN stock has decreased by 37.4% and is now trading at $32.49.
View the best growth stocks for 2022 here.

When is Schnitzer Steel Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our SCHN earnings forecast.

How were Schnitzer Steel Industries' earnings last quarter?

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) issued its quarterly earnings results on Thursday, January, 6th. The basic materials company reported $1.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.76 by $0.18. The basic materials company earned $798 million during the quarter, compared to analyst estimates of $857.06 million. Schnitzer Steel Industries had a net margin of 5.85% and a trailing twelve-month return on equity of 24.41%. The company's revenue was up 62.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.57 earnings per share.

How often does Schnitzer Steel Industries pay dividends? What is the dividend yield for Schnitzer Steel Industries?

Schnitzer Steel Industries announced a dividend on Wednesday, June 29th. Stockholders of record on Monday, July 11th will be given a dividend of $0.1875 per share on Friday, July 8th. The ex-dividend date is Friday, July 8th.
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 2.41%. The dividend payout ratio is 11.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCHN will have a dividend payout ratio of 18.99% 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 updated its FY22 earnings guidance on Wednesday, October, 5th. The company provided EPS guidance of $6.00-6.05 for the period, compared to the consensus earnings per share estimate of $6.46.

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."

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 $32.49.

How much money does Schnitzer Steel Industries make?

Schnitzer Steel Industries (NASDAQ:SCHN) has a market capitalization of $891.85 million and generates $2.76 billion in revenue each year. The basic materials company earns $165.11 million in net income (profit) each year or $6.77 on an earnings per share basis.

How many employees does Schnitzer Steel Industries have?

The company employs 3,167 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 10/5/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more.

Financial Terms
Details Here

As Featured By:

MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.