Schnitzer Steel Industries, Inc. (SCHN)

NASDAQ: SCHN · IEX Real-Time Price · USD
35.23
-0.45 (-1.26%)
Aug 8, 2022 4:00 PM EDT - Market closed
-1.26%
Market Cap 966.96M
Revenue (ttm) 3.44B
Net Income (ttm) 201.23M
Shares Out 27.45M
EPS (ttm) 6.76
PE Ratio 5.21
Forward PE 43.10
Dividend $0.75 (2.13%)
Ex-Dividend Date Jul 8, 2022
Volume 115,689
Open 36.19
Previous Close 35.68
Day's Range 35.05 - 36.94
52-Week Range 29.79 - 59.70
Beta 1.53
Analysts Buy
Price Target 62.22 (+76.6%)
Earnings Date Jun 29, 2022

About SCHN

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 stee... [Read more...]

Industry Metals & Mining
IPO Date Nov 15, 1993
CEO Tamara Lundgren
Employees 3,167
Stock Exchange NASDAQ
Ticker Symbol SCHN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SCHN stock is "Buy." The 12-month stock price forecast is 62.22, which is an increase of 76.61% from the latest price.

Price Target
$62.22
(76.61% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Schnitzer Steel Expands Role of Chief Strategy Officer and Appoints New Chief Financial Officer

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) is pleased to announce changes to its executive leadership team. On July 27, 2022, Schnitzer's Board of Directors appoint...

Insiders Buying Rocket Companies, Schnitzer Steel And This Energy Stock

Although US stocks closed mixed on Friday following the release of June's jobs report, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the compan...

Other symbols: RKTESTE

Schnitzer Steel Witnesses A Strong Quarter On The Back Of Strong Domestic Demand

Temporary tailwinds continue to benefit Schnitzer Steel's earnings

Schnitzer Steel (SCHN) Tops Q3 Earnings and Revenue Estimates

Schnitzer Steel (SCHN) delivered earnings and revenue surprises of 13.60% and 11.78%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

Schnitzer Steel shares advance on earnings

Schnitzer Steel Industries Inc. SCHN, +4.43% rose 3.4% on Wednesday despite losses in other steel stocks after the company beat its earnings and revenue targets. Schnitzer Steel's third-quarter earnings...

Schnitzer Reports Third Quarter Fiscal 2022 Financial Results

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported results for its third quarter of fiscal 2022 ended May 31, 2022. Third Quarter Fiscal 2022 Highlights Dilu...

Schnitzer Announces Third Quarter Fiscal 2022 Earnings Date and Conference Call Webcast Details

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced that the Company will report financial results for its third quarter fiscal 2022 ended May 31, 2022 on Wednesda...

Schnitzer Steel (SCHN) Loses 23.3% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Schnitzer Steel (SCHN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estim...

Schnitzer Announces the Acquisition of Encore Recycling's Operating Assets in the Atlanta Metro Area

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) is pleased to announce that it has purchased the operating assets of Encore Recycling LLC (Encore) in the greater Atlanta...

Schnitzer Steel Industries, Inc. Appoints Leslie Shoemaker to its Board of Directors

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced that its Board of Directors has appointed Leslie L. Shoemaker as a new independent director, effective immediat...

Other symbols: TTEK

Should You Buy Schnitzer Steel (SCHN) After Golden Cross?

When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?

Here's Why "Trend" Investors Would Love Betting on Schnitzer Steel (SCHN)

If you are looking for stocks that are well positioned to maintain their recent uptrend, Schnitzer Steel (SCHN) could be a great choice. It is one of the several stocks that passed through our "Recent P...

Schnitzer Steel (SCHN) Crossed Above the 20-Day Moving Average: What That Means for Investors

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

Schnitzer Steel Stock Has Value Down Here

Steel recycling and products make Schnitzer Steel (NASDAQ: SCHN) stock has been in a chopping range between $35 to $57 for over a year despite improving fundamentals.

Schnitzer Steel (SCHN) Shows Fast-paced Momentum But Is Still a Bargain Stock

Schnitzer Steel (SCHN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks t...

Schnitzer Steel (SCHN) Q2 Earnings Meet Estimates

Schnitzer Steel (SCHN) delivered earnings and revenue surprises of 0% and 0.26%, respectively, for the quarter ended February 2022. Do the numbers hold clues to what lies ahead for the stock?

Schnitzer Reports Second Quarter Fiscal 2022 Financial Results

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported results for its second quarter of fiscal 2022 ended February 28, 2022. Second Quarter Fiscal 2022 Highligh...

Analysts Estimate Schnitzer Steel (SCHN) to Report a Decline in Earnings: What to Look Out for

Schnitzer Steel (SCHN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Schnitzer Steel (SCHN) Crossed Above the 200-Day Moving Average: What That Means for Investors

Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?

Second Quarter Fiscal 2022 Preliminary Results and Announcement of Earnings Date

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today announced preliminary results for its fiscal 2022 second quarter ended February 28, 2022. Second Quarter Fiscal 202...

Schnitzer Named One of the 2022 World's Most Ethical Companies

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), one of North America's largest manufacturers and exporters of recycled metal products, has been recognized by Ethisphere...

Schnitzer Announces the Launch of GRN SteelTM Products

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), one of North America's largest manufacturers and exporters of recycled metal products, today announced the launch of GRN...

Schnitzer Steel (SCHN) Q1 Earnings and Revenues Lag Estimates

Schnitzer Steel (SCHN) delivered earnings and revenue surprises of -3.07% and 4.99%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?

Schnitzer Reports First Quarter Fiscal 2022 Financial Results

PORTLAND, Ore.--(BUSINESS WIRE)--Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today reported results for its first quarter of fiscal 2022 ended November 30, 2021. First Quarter Fiscal 2022 Highlights...

Schnitzer Steel (SCHN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Schnitzer Steel (SCHN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.