Schnitzer Steel Industries, Inc. SCHN
At closeAug 31, 2023, 4:00 PM EDT
52-week range unavailable
- Market cap
- 906.73M
- Revenue (ttm)
- 3.06B
- Profit margin
- 0.34%
- Shares out
- 27.31M
- Forward P/E
- 16.39
- Dividend
- 0.75 (2.48%)
- Ex-dividend date
- Jul 13, 2023
- Volume
- 81.71K
- Open
- 33.54
- Previous close
- 33.20
- Day's range
- 33.13 – 33.92
- Beta
- 1.54
- Analysts
- Buy
- Price target
- 35.00 (+5.4%)
- Earnings date
- Oct 23, 2023
2Y -25.90 (-48.18%)
Key statistics
- Enterprise value
- 1.30B
- PEG ratio
- 4.38
- Price / sales
- 0.28
- Price / book
- 0.90
- Dividend yield
- 2.48%
- Payout ratio
- 195.47%
- Revenue growth
- -19.80%
- Free cash flow
- 6.57M
- Total cash
- 4.51M
- Total debt
- 469.34M
- Return on equity
- 1.21%
- Short % of float
- 2.69%
- 50-day average
- 29.82
- 200-day average
- 31.00
Analyst view
Consensus: buy
- Strong buy0
- Buy0
- Hold3
- Sell0
- Strong sell0
Next earnings
Oct 23, 2023
Expected Oct 23, 2023. Consensus EPS estimate 0.31.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Oct 23, 2023 | Aug 1, 2023 | 0.00 | — | — | — |
| Jun 27, 2023 | May 1, 2023 | 0.71 | — | — | — |
| Apr 5, 2023 | Feb 1, 2023 | 0.00 | — | — | — |
| Jan 5, 2023 | Nov 1, 2022 | -0.45 | — | — | — |
| Oct 24, 2022 | Aug 1, 2022 | 0.48 | — | — | — |
| Jun 29, 2022 | May 1, 2022 | 2.28 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 6, 2022 | Goldman Sachs | main | — | Buy |
| May 31, 2022 | Goldman Sachs | main | — | Buy |
| May 19, 2022 | Keybanc | down | Overweight | Sector Weight |
| Apr 20, 2022 | Keybanc | main | — | Overweight |
| Apr 8, 2022 | Keybanc | main | — | Overweight |
| Mar 24, 2022 | Keybanc | up | Sector Weight | Overweight |
About Schnitzer Steel Industries, Inc.
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 51 retail self-service auto parts stores, 54 metals recycling facilities, and an electric arc furnace steel mill. 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; and ferrous and nonferrous recycled metal products to steel mills, foundries, refineries, smelters, wholesalers, and recycled metal processors, as well as finished steel customers, such as 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.
- Sector
- Basic Materials
- Industry
- Steel
- Country
- United States
- Website
- schnitzersteel.com
News
Earnings Scheduled For June 27, 2023 
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Earnings Scheduled For October 24, 2022 - Stocks That Hit 52-Week Lows On Wednesday
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Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| FRIEDMAN GREGORY R | Director | Stock Award(Grant) | May 7, 2023 | 0 |
| GAGGINI STEFANO R | Chief Financial Officer | Sale | May 2, 2023 | 62,374 |
| HEISKELL STEVEN G | Officer | Sale | May 4, 2023 | 131,523 |
| HENDERSON MICHAEL R | Officer | Sale | May 3, 2023 | 132,769 |
| HUNTER RHONDA D | Director | Stock Award(Grant) | May 7, 2023 | 0 |
| JAHNKE DAVID L | Director | Stock Award(Grant) | May 7, 2023 | 65,549 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 11.78% | 3,216,557 | 98.56M | Mar 30, 2023 |
| Vanguard Group, Inc. (The) | 9.54% | 2,604,779 | 79.81M | Mar 30, 2023 |
| Dimensional Fund Advisors LP | 8.36% | 2,283,655 | 69.97M | Mar 30, 2023 |
| Ameriprise Financial, Inc. | 5.66% | 1,545,045 | 47.34M | Mar 30, 2023 |
| State Street Corporation | 4.19% | 1,143,511 | 35.04M | Mar 30, 2023 |
| Bank Of New York Mellon Corporation | 2.28% | 623,040 | 19.09M | Mar 30, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.81% | 766,436 | 23.48M | Dec 30, 2022 |
| DFA U.S. Small Cap Value Series | 2.58% | 702,560 | 21.53M | Jan 30, 2023 |
| Vanguard Small-Cap Index Fund | 2.28% | 620,245 | 19.00M | Dec 30, 2022 |
| iShares Russell 2000 ETF | 2.04% | 555,794 | 17.03M | Feb 27, 2023 |
| Wasatch Small Cap Value Fund | 1.87% | 509,478 | 15.61M | Dec 30, 2022 |
| SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF | 1.62% | 441,937 | 13.54M | Feb 27, 2023 |