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SCHN

Schnitzer Steel Industries, Inc.

Basic Materials

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Price alert · SCHN

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33.20 0.00 0.00%
As of Aug 31, 2023
33.13 Day range 33.92

52-week range unavailable

Open
33.54
Prev close
33.20
Mkt cap
866.76M
Vol
81.71K
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
2.48%
More statistics
Low
33.13
High
33.92
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

Chart tools
Interval
SCHN two-year price chart26.034.442.851.359.7Nov 21Mar 22Aug 22Dec 22May 23Sep 23

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

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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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