S&P 500   4,356.45
DOW   34,297.73
QQQ   345.11
S&P 500   4,356.45
DOW   34,297.73
QQQ   345.11
S&P 500   4,356.45
DOW   34,297.73
QQQ   345.11
S&P 500   4,356.45
DOW   34,297.73
QQQ   345.11
NASDAQ:SCHN

Schnitzer Steel Industries Stock Forecast, Price & News

$38.04
-0.25 (-0.65%)
(As of 01/25/2022 04:00 PM ET)
Add
Compare
Today's Range
$36.81
$38.72
50-Day Range
$37.27
$55.97
52-Week Range
$27.72
$59.34
Volume
244,268 shs
Average Volume
380,054 shs
Market Capitalization
$1.06 billion
P/E Ratio
5.70
Dividend Yield
1.96%
Beta
1.5
30 days | 90 days | 365 days | Advanced Chart
Receive SCHN 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.


Schnitzer Steel Industries logo

About Schnitzer Steel Industries

Schnitzer 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.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Miscellaneous durable goods
Sub-Industry
Steel
Current Symbol
NASDAQ:SCHN
CUSIP
80688210
Employees
3,167
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.76 billion
Cash Flow
$7.65 per share
Book Value
$30.50 per share

Profitability

Net Income
$165.11 million
Pretax Margin
8.01%

Debt

Price-To-Earnings

Miscellaneous

Free Float
26,099,000
Market Cap
$1.06 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 11/22 Dividend
11/05/2021
Dividend Payable
11/22/2021
Last Earnings
1/06/2022
Today
1/26/2022
Ex-Dividend for 2/14 Dividend
1/28/2022
Dividend Payable
2/14/2022
Next Earnings (Estimated)
4/06/2022
Fiscal Year End
8/31/2022

MarketRank

Overall MarketRank

2.70 out of 5 stars

Basic Materials Sector

38th out of 223 stocks

Miscellaneous Durable Goods Industry

2nd out of 2 stocks

Analyst Opinion: 3.5Community Rank: 3.7Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Schnitzer Steel Industries (NASDAQ:SCHN) Frequently Asked Questions

Is Schnitzer Steel Industries a buy right now?

2 Wall Street research 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 research analysts is that investors should "buy" Schnitzer Steel Industries stock.
View analyst ratings for Schnitzer Steel Industries
or view top-rated stocks.

How has Schnitzer Steel Industries' stock been impacted by COVID-19?

Schnitzer Steel Industries' stock was trading at $13.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SCHN stock has increased by 176.7% and is now trading at $38.04.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Schnitzer Steel Industries?

Schnitzer Steel Industries saw a decrease in short interest in the month of December. As of December 31st, there was short interest totaling 640,200 shares, a decrease of 29.6% from the December 15th total of 909,600 shares. Based on an average daily trading volume, of 242,900 shares, the short-interest ratio is presently 2.6 days. Approximately 2.5% of the company's stock 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 Wednesday, April 6th 2022.
View our earnings forecast for Schnitzer Steel Industries
.

How were Schnitzer Steel Industries' earnings last quarter?

Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) released its quarterly earnings results on Thursday, January, 6th. The basic materials company reported $1.58 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.76 by $0.18. The basic materials company had revenue of $798 million for the quarter, compared to analyst estimates of $857.06 million. Schnitzer Steel Industries had a trailing twelve-month return on equity of 25.82% and a net margin of 6.44%. The company's revenue for the quarter was up 62.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.57 EPS.
View Schnitzer Steel Industries' earnings history
.

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 Thursday, January 6th. Investors of record on Monday, January 31st will be given a dividend of $0.1875 per share on Monday, February 14th. This represents a $0.75 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Friday, January 28th.
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 1.96%. Schnitzer Steel Industries does not yet have a strong track record of dividend growth. The dividend payout ratio of Schnitzer Steel Industries is 11.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Schnitzer Steel Industries will have a dividend payout ratio of 16.82% next year. This indicates that Schnitzer Steel Industries will be able to sustain or increase its dividend.
View Schnitzer Steel Industries' dividend history.

What guidance has Schnitzer Steel Industries issued on next quarter's earnings?

Schnitzer Steel Industries issued an update on its fourth quarter 2021 earnings guidance on Thursday, October, 28th. The company provided EPS guidance of $1.750-$1.830 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.570. The company issued revenue guidance of -.

What price target have analysts set for SCHN?

2 analysts have issued 1 year target prices for Schnitzer Steel Industries' stock. Their forecasts range from $48.00 to $48.00. On average, they anticipate Schnitzer Steel Industries' stock price to reach $48.00 in the next year. This suggests a possible upside of 26.2% from the stock's current price.
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:

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.

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 number of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.12%), Green Alpha Advisors LLC (0.10%), Strs Ohio (0.07%), Pendal Group Ltd (0.07%), Hancock Whitney Corp (0.04%) and Exchange Traded Concepts LLC (0.04%). Company insiders that own Schnitzer Steel Industries stock include John D Carter, Michael R Henderson, Peter B Saba, Richard Peach and Stefano R Gaggini.
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 Russell Investments Group Ltd., Strs Ohio, Hancock Whitney Corp, Parallel Advisors LLC, Diversified Trust Co, and Ellevest Inc.. Company insiders that have sold Schnitzer Steel Industries company stock in the last year include Michael R Henderson, Peter B Saba, Richard Peach, and Stefano R Gaggini.
View insider buying and selling activity for Schnitzer Steel Industries
or view top insider-selling stocks.

Which major investors are buying Schnitzer Steel Industries stock?

SCHN stock was purchased by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Exchange Traded Concepts LLC, Cutler Group LP, Carolina Wealth Advisors LLC, Koshinski Asset Management Inc., and Green Alpha Advisors LLC.
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 $38.04.

How much money does Schnitzer Steel Industries make?

Schnitzer Steel Industries has a market capitalization of $1.06 billion and generates $2.76 billion in revenue each year. The basic materials company earns $165.11 million in net income (profit) each year or $6.67 on an earnings per share basis.

How many employees does Schnitzer Steel Industries have?

Schnitzer Steel Industries employs 3,167 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, via email at [email protected], or via fax at 503-323-2804.


This page was last updated on 1/26/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

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
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.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (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 | 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 disclaimer. Fundamental company data provided by Zacks Investment Research.