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

Schnitzer Steel Industries trades on the NASDAQ under the ticker symbol "SCHN."

Schnitzer Steel Industries declared a quarterly dividend on Wednesday, November 6th. Stockholders of record on Monday, November 18th will be given a dividend of $0.1875 per share on Friday, November 29th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date of this dividend is Friday, November 15th. View Schnitzer Steel Industries' Dividend History.

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) released its quarterly earnings results on Wednesday, January, 8th. The basic materials company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.16) by $0.01. The basic materials company earned $405.58 million during the quarter, compared to analyst estimates of $406.46 million. Schnitzer Steel Industries had a return on equity of 5.56% and a net margin of 1.68%. Schnitzer Steel Industries's revenue was down 28.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.58 EPS. View Schnitzer Steel Industries' Earnings History.

Schnitzer Steel Industries is scheduled to release their next quarterly earnings announcement on Thursday, April 2nd 2020. View Earnings Estimates for Schnitzer Steel Industries.

3 Wall Street analysts have issued 12-month target prices for Schnitzer Steel Industries' stock. Their forecasts range from $21.00 to $23.00. On average, they anticipate Schnitzer Steel Industries' stock price to reach $22.33 in the next year. This suggests a possible upside of 29.1% from the stock's current price. View Analyst Price Targets 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 and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Schnitzer Steel Industries.

News articles about SCHN stock have been trending very negative on Tuesday, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Schnitzer Steel Industries earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave headlines about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Schnitzer Steel Industries.

Some companies that are related to Schnitzer Steel Industries include Nucor (NUE), Reliance Steel & Aluminum (RS), Steel Dynamics (STLD), Commercial Metals (CMC), Allegheny Technologies (ATI), Worthington Industries (WOR), Carpenter Technology (CRS), Cleveland-Cliffs (CLF), United States Steel (X), AK Steel (AKS), Haynes International (HAYN), Olympic Steel (ZEUS) and Universal Stainless & Alloy Products (USAP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Schnitzer Steel Industries investors own include COMSCORE (SCOR), Intel (INTC), Cisco Systems (CSCO), AK Steel (AKS), Bank of America (BAC), AT&T (T), Valero Energy (VLO), Vale (VALE), Adobe (ADBE) and Advanced Micro Devices (AMD).

Schnitzer Steel Industries' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.68%), James Investment Research Inc. (0.13%), Strs Ohio (0.12%), Janney Montgomery Scott LLC (0.04%) and New York State Teachers Retirement System (0.03%). Company insiders that own Schnitzer Steel Industries stock include Jeffery Dyck, John D Carter, Peter B Saba, Richard Peach, Robert Garrett Smith, Stefano R Gaggini and Steven Heiskell. View Institutional Ownership Trends for Schnitzer Steel Industries.

SCHN stock was sold by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC. Company insiders that have sold Schnitzer Steel Industries company stock in the last year include Jeffery Dyck, Peter B Saba, Richard Peach and Robert Garrett Smith. View Insider Buying and Selling for Schnitzer Steel Industries.

SCHN stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, New York State Teachers Retirement System, James Investment Research Inc. and Strs Ohio. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of SCHN stock can currently be purchased for approximately $17.30.

Schnitzer Steel Industries has a market capitalization of $461.39 million and generates $2.13 billion in revenue each year. The basic materials company earns $56.35 million in net income (profit) each year or $2.16 on an earnings per share basis. Schnitzer Steel Industries employs 3,363 workers across the globe.View Additional Information About Schnitzer Steel Industries.

The official website for Schnitzer Steel Industries is http://www.schnitzersteel.com/.

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]