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Schnitzer Steel Industries, Inc. SCHN

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Price alert · SCHN

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33.20 +33.20 —

Day range unavailable

52-week range unavailable

Open
—
Prev close
0.00
Mkt cap
866.76M
Vol
0
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
2.48%
More statistics
Low
—
High
—
Forward P/E
16.39
Beta
1.54
Short ratio
3.61
Inst. own
89.96%
Dividend
0.75
Ex-div date
Jul 13, 2023
Earnings
Oct 23, 2023
50-d avg
29.82
200-d avg
31.00
1y target
35.00

2Y chart

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Interval

Events in this range
  • Nov 5, 2021Dividend: 0.188
  • Jan 28, 2022Dividend: 0.1875
  • Mar 24, 2022Rating: Keybanc · Sector Weight → Overweight
  • Apr 8, 2022Rating: Keybanc · — → Overweight
  • Apr 14, 2022Dividend: 0.188
  • Apr 20, 2022Rating: Keybanc · — → Overweight
  • May 19, 2022Downgrade: Keybanc · Overweight → Sector Weight
  • May 31, 2022Rating: Goldman Sachs · — → Buy
  • Jun 29, 2022Earnings: —; estimate 2.28; surprise —%
  • Jul 8, 2022Dividend: 0.188
  • Oct 6, 2022Rating: Goldman Sachs · — → Buy
  • Oct 24, 2022Earnings: —; estimate 0.48; surprise —%
  • Nov 9, 2022Dividend: 0.188
  • Nov 29, 2022Dividend: 0.188
  • Jan 5, 2023Earnings: —; estimate -0.45; surprise —%
  • Jan 30, 2023Dividend: 0.188
  • Apr 5, 2023Earnings: —; estimate 0; surprise —%
  • Apr 21, 2023Dividend: 0.1875
  • Jun 27, 2023Earnings: —; estimate 0.71; surprise —%
  • Jul 14, 2023Dividend: 0.1875
  • Jul 17, 2023Dividend: 0.1875
Signals (101)
NameDateAgo
MACD: Buy SignalSep 29, 20233 years ago
RSI: OversoldSep 13, 20233 years ago
RSI: OversoldSep 8, 20233 years ago
SMA: BearishSep 5, 20233 years ago
SMA: BearishSep 5, 20233 years ago
MACD: Sell SignalSep 5, 20233 years ago
MACD: Buy SignalAug 29, 20233 years ago
SMA: BullishAug 25, 20233 years ago
SMA: BullishAug 25, 20233 years ago
SMA: BearishAug 24, 20233 years ago
SMA: BearishAug 21, 20233 years ago
SMA: BullishAug 17, 20233 years ago
SMA: BearishAug 15, 20233 years ago
SMA: BullishAug 14, 20233 years ago
SMA: BullishAug 10, 20233 years ago
SMA: BearishAug 9, 20233 years ago
SMA: BearishAug 9, 20233 years ago
MACD: Sell SignalAug 7, 20233 years ago
RSI: OverboughtJul 31, 20233 years ago
SMA: BullishJul 18, 20233 years ago
MACD: Buy SignalJul 17, 20233 years ago
SMA: BullishJul 11, 20233 years ago
SMA: BearishJul 5, 20233 years ago
SMA: BullishJun 29, 20233 years ago
SMA: BearishJun 28, 20233 years ago
SMA: BearishJun 27, 20233 years ago
MACD: Sell SignalJun 23, 20233 years ago
SMA: BullishJun 7, 20233 years ago
SMA: BullishJun 2, 20233 years ago
MACD: Buy SignalJun 2, 20233 years ago
MACD: Sell SignalMay 31, 20233 years ago
SMA: BearishMay 24, 20233 years ago
SMA: BullishMay 22, 20233 years ago
MACD: Buy SignalMay 16, 20233 years ago
MACD: Sell SignalApr 25, 20233 years ago
SMA: BearishApr 14, 20233 years ago
SMA: BullishApr 13, 20233 years ago
MACD: Buy SignalMar 30, 20233 years ago
MACD: Sell SignalMar 10, 20233 years ago
SMA: BearishMar 9, 20233 years ago
SMA: BearishMar 9, 20233 years ago
SMA: BullishMar 8, 20233 years ago
SMA: BullishMar 8, 20233 years ago
SMA: BearishMar 7, 20233 years ago
SMA: BearishMar 7, 20233 years ago
SMA: BullishMar 1, 20233 years ago
SMA: BullishMar 1, 20233 years ago
MACD: Buy SignalMar 1, 20233 years ago
SMA: BearishFeb 23, 20233 years ago
SMA: BearishFeb 21, 20233 years ago
SMA: BullishFeb 14, 20233 years ago
SMA: BearishFeb 8, 20233 years ago
SMA: BearishFeb 7, 20233 years ago
SMA: BullishFeb 6, 20233 years ago
MACD: Sell SignalFeb 3, 20233 years ago
SMA: BullishJan 10, 20233 years ago
MACD: Buy SignalJan 10, 20233 years ago
SMA: BearishJan 9, 20233 years ago
SMA: BullishJan 6, 20233 years ago
SMA: BearishJan 5, 20233 years ago
SMA: BullishJan 4, 20233 years ago
SMA: BearishDec 30, 20223 years ago
SMA: BullishDec 29, 20223 years ago
SMA: BearishDec 28, 20223 years ago
SMA: BullishDec 27, 20223 years ago
SMA: BearishDec 23, 20223 years ago
MACD: Sell SignalDec 7, 20223 years ago
SMA: BullishNov 11, 20223 years ago
MACD: Buy SignalNov 8, 20223 years ago
MACD: Sell SignalOct 31, 20224 years ago
MACD: Buy SignalOct 13, 20224 years ago
MACD: Sell SignalOct 10, 20224 years ago
MACD: Buy SignalOct 4, 20224 years ago
SMA: BearishSep 13, 20224 years ago
SMA: BullishSep 12, 20224 years ago
SMA: BearishAug 30, 20224 years ago
MACD: Sell SignalAug 29, 20224 years ago
MACD: Buy SignalAug 25, 20224 years ago
SMA: BullishAug 23, 20224 years ago
SMA: BearishAug 22, 20224 years ago
MACD: Sell SignalAug 22, 20224 years ago
SMA: BullishAug 10, 20224 years ago
MACD: Buy SignalJul 8, 20224 years ago
MACD: Sell SignalJun 14, 20224 years ago
MACD: Buy SignalMay 24, 20224 years ago
RSI: OversoldMay 20, 20224 years ago
RSI: OversoldMay 6, 20224 years ago
SMA: BearishApr 25, 20224 years ago
MACD: Sell SignalApr 22, 20224 years ago
RSI: OverboughtApr 19, 20224 years ago
MACD: Buy SignalApr 14, 20224 years ago
MACD: Sell SignalApr 1, 20224 years ago
MACD: Buy SignalMar 24, 20224 years ago
RSI: OverboughtMar 24, 20224 years ago
MACD: Sell SignalMar 16, 20224 years ago
RSI: OverboughtMar 2, 20224 years ago
RSI: OverboughtFeb 28, 20224 years ago
SMA: BullishFeb 25, 20224 years ago
MACD: Buy SignalFeb 2, 20224 years ago
RSI: OversoldJan 18, 20224 years ago
MACD: Sell SignalJan 7, 20224 years ago

Key statistics

Market cap
866.76M
Enterprise value
1.30B
Trailing P/E
82.81
Forward P/E
16.39
PEG ratio
4.38
Price / sales
0.28
Price / book
0.90
EPS (TTM)
0.37
Beta
1.54
Dividend yield
2.48%
Payout ratio
195.47%
Profit margin
0.34%
Revenue (TTM)
3.06B
Revenue growth
-19.80%
Free cash flow
6.57M
Total cash
4.51M
Total debt
469.34M
Return on equity
1.21%
Shares outstanding
27.31M
Short % of float
2.69%
50-day average
29.82
200-day average
31.00

Analyst view

Consensus: buy

Buy
Price target (mean) 35.00
Ratings (0m) 3 0 buy · 3 hold · 0 sell
  • Strong buy0
  • Buy0
  • Hold3
  • Sell0
  • Strong sell0

Next earnings

Oct 23, 2023

Expected Oct 23, 2023. Consensus EPS estimate 0.31.

Earnings history

Financials — quick view

All financials
SCHN Revenue — quarterly 809.61M
2019-09-302019-12-312020-03-312020-06-302020-09-302020-12-312021-03-312021-06-302021-09-302021-12-312022-03-312022-06-302022-09-302022-12-312023-03-312023-06-30
SCHN Net income — quarterly 13.46M
2019-09-302019-12-312020-03-312020-06-302020-09-302020-12-312021-03-312021-06-302021-09-302021-12-312022-03-312022-06-302022-09-302022-12-312023-03-312023-06-30
SCHN EPS — quarterly 0.48
2019-09-302019-12-312020-03-312020-06-302020-09-302020-12-312021-03-312021-06-302021-09-302021-12-312022-03-312022-06-302022-09-302022-12-312023-03-312023-06-30

Earnings

SCHN recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Oct 23, 2023Aug 1, 20230.00———
Jun 27, 2023May 1, 20230.71———
Apr 5, 2023Feb 1, 20230.00———
Jan 5, 2023Nov 1, 2022-0.45———
Oct 24, 2022Aug 1, 20220.48———
Jun 29, 2022May 1, 20222.28———

Upgrades / downgrades

SCHN analyst upgrades and downgrades
DateFirmActionFromTo
Oct 6, 2022Goldman Sachsmain—Buy
May 31, 2022Goldman Sachsmain—Buy
May 19, 2022KeybancdownOverweightSector Weight
Apr 20, 2022Keybancmain—Overweight
Apr 8, 2022Keybancmain—Overweight
Mar 24, 2022KeybancupSector WeightOverweight

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

News

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Insider holders

SCHN insider holders
InsiderRelationLatest transactionDateShares held
FRIEDMAN GREGORY RDirectorStock Award(Grant)May 7, 20230
GAGGINI STEFANO RChief Financial OfficerSaleMay 2, 202362,374
HEISKELL STEVEN GOfficerSaleMay 4, 2023131,523
HENDERSON MICHAEL ROfficerSaleMay 3, 2023132,769
HUNTER RHONDA DDirectorStock Award(Grant)May 7, 20230
JAHNKE DAVID LDirectorStock Award(Grant)May 7, 202365,549

Institution ownership

SCHN institution ownership
Holder% heldSharesValueReported
Blackrock Inc.11.78%3,216,55798.56MMar 30, 2023
Vanguard Group, Inc. (The)9.54%2,604,77979.81MMar 30, 2023
Dimensional Fund Advisors LP8.36%2,283,65569.97MMar 30, 2023
Ameriprise Financial, Inc.5.66%1,545,04547.34MMar 30, 2023
State Street Corporation4.19%1,143,51135.04MMar 30, 2023
Bank Of New York Mellon Corporation2.28%623,04019.09MMar 30, 2023

Fund ownership

SCHN fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund2.81%766,43623.48MDec 30, 2022
DFA U.S. Small Cap Value Series2.58%702,56021.53MJan 30, 2023
Vanguard Small-Cap Index Fund2.28%620,24519.00MDec 30, 2022
iShares Russell 2000 ETF2.04%555,79417.03MFeb 27, 2023
Wasatch Small Cap Value Fund1.87%509,47815.61MDec 30, 2022
SPDR (R) Ser Tr-SPDR (R) S&P (R) Metals & Mining ETF1.62%441,93713.54MFeb 27, 2023
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