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How to buy SCHNITZER STEEL INDUSTRIES CLASS A stock (SCHN)

Buy SCHNITZER STEEL INDUSTRIES CLASS A stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

SCHNITZER STEEL INDUSTRIES CLASS A is a steel business based in the US. SCHNITZER STEEL INDUSTRIES CLASS A shares (SCHN) are listed on the N/A and all prices are listed in US Dollars. SCHNITZER STEEL INDUSTRIES CLASS A employs 3,471 staff and has a trailing 12-month revenue of around $3.1 billion.

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  4. Search for the stock name – SCHN. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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SCHNITZER STEEL INDUSTRIES CLASS A stock price (N/A: SCHN)

Use our graph to track the performance of SCHN stocks over time.

SCHNITZER STEEL INDUSTRIES CLASS A shares at a glance

Information last updated 2024-01-24.
52-week range$0.00 - $0.00
50-day moving average $30.87
200-day moving average $31.12
Wall St. target price$35.00
PE ratio 87.3684
Dividend yield $0.75 (2.31%)
Earnings per share (TTM) $0.38

Is it a good time to buy SCHNITZER STEEL INDUSTRIES CLASS A stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is SCHNITZER STEEL INDUSTRIES CLASS A stock undervalued or overvalued?

Valuing SCHNITZER STEEL INDUSTRIES CLASS A stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SCHNITZER STEEL INDUSTRIES CLASS A's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

SCHNITZER STEEL INDUSTRIES CLASS A's P/E ratio

SCHNITZER STEEL INDUSTRIES CLASS A's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 87x. In other words, SCHNITZER STEEL INDUSTRIES CLASS A shares trade at around 87x recent earnings.

SCHNITZER STEEL INDUSTRIES CLASS A's EBITDA

SCHNITZER STEEL INDUSTRIES CLASS A's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $103.4 million.

The EBITDA is a measure of a SCHNITZER STEEL INDUSTRIES CLASS A's overall financial performance and is widely used to measure a its profitability.

SCHNITZER STEEL INDUSTRIES CLASS A financials

Revenue TTM $3.1 billion
Operating margin TTM 0.54%
Gross profit TTM $473.1 million
Return on assets TTM 0.55%
Return on equity TTM 1.21%
Profit margin 0.34%
Book value $34.02
Market Capitalization $913.4 million

TTM: trailing 12 months

SCHNITZER STEEL INDUSTRIES CLASS A share dividends

Dividend payout ratio: 131.58% of net profits

Recently SCHNITZER STEEL INDUSTRIES CLASS A has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SCHNITZER STEEL INDUSTRIES CLASS A shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In SCHNITZER STEEL INDUSTRIES CLASS A's case, that would currently equate to about $0.75 per share.

SCHNITZER STEEL INDUSTRIES CLASS A's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

SCHNITZER STEEL INDUSTRIES CLASS A's most recent dividend payout was on 30 July 2023. The latest dividend was paid out to all shareholders who bought their shares by 13 July 2023 (the "ex-dividend date").

Have SCHNITZER STEEL INDUSTRIES CLASS A's shares ever split?

SCHNITZER STEEL INDUSTRIES CLASS A's shares were split on a 3:2 basis on 25 March 2004 . So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your SCHNITZER STEEL INDUSTRIES CLASS A shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for SCHNITZER STEEL INDUSTRIES CLASS A shares which in turn could have impacted SCHNITZER STEEL INDUSTRIES CLASS A's share price.

SCHNITZER STEEL INDUSTRIES CLASS A share price volatility

Over the last 12 months, SCHNITZER STEEL INDUSTRIES CLASS A's shares have ranged in value from as little as $0 up to $0. A popular way to gauge a stock's volatility is its "beta".

SCHN.US volatility(beta: 1.56)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (N/A average) beta is 1, while SCHNITZER STEEL INDUSTRIES CLASS A's is 1.5601. This would suggest that SCHNITZER STEEL INDUSTRIES CLASS A's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

SCHNITZER STEEL INDUSTRIES CLASS A overview

Schnitzer Steel Industries, Inc. , doing business as Radius Recycling, 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.

Frequently asked questions

What percentage of SCHNITZER STEEL INDUSTRIES CLASS A is owned by insiders or institutions?
Currently 6.148% of SCHNITZER STEEL INDUSTRIES CLASS A shares are held by insiders and 84.394% by institutions.
How many people work for SCHNITZER STEEL INDUSTRIES CLASS A?
Latest data suggests 3,471 work at SCHNITZER STEEL INDUSTRIES CLASS A.
When does the fiscal year end for SCHNITZER STEEL INDUSTRIES CLASS A?
SCHNITZER STEEL INDUSTRIES CLASS A's fiscal year ends in August.

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