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Last $17.31 USD
Change Today +0.52 / 3.10%
Volume 280.2K
SCHN On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

schnitzer steel inds inc-a (SCHN) Snapshot

Open
$16.64
Previous Close
$16.79
Day High
$17.50
Day Low
$16.44
52 Week High
09/3/14 - $28.23
52 Week Low
04/13/15 - $15.06
Market Cap
464.4M
Average Volume 10 Days
495.5K
EPS TTM
$-0.03
Shares Outstanding
26.5M
EX-Date
08/6/15
P/E TM
--
Dividend
$0.75
Dividend Yield
4.33%
Current Stock Chart for SCHNITZER STEEL INDS INC-A (SCHN)

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schnitzer steel inds inc-a (SCHN) Details

Schnitzer Steel Industries, Inc. manufactures and exports recycled ferrous metal products worldwide. The company operates in three segments: Metals Recycling Business (MRB), Auto Parts Business (APB), and Steel Manufacturing Business (SMB). The MRB segment buys, collects, processes, recycles, sells, and brokers ferrous scrap metals, as well as processes mixed and large pieces of scrap metal into smaller pieces by crushing, sorting, shearing, shredding, and torching. This segment offers ferrous scrap metal, a feedstock used in the production of finished steel products; and nonferrous products, including aluminum, copper, stainless steel, nickel, brass, titanium, lead, high temperature alloys, and joint products. It sells processed nonferrous scrap metal to specialty steelmakers, foundries, aluminum sheet and ingot manufacturers, copper refineries and smelters, brass and bronze ingot manufacturers, and wire and cable producers. The APB segment procures used and salvaged vehicles, and sells serviceable used auto parts from these vehicles through its 62 self-service auto parts stores in the United States and Western Canada, as well as sells autobodies and parts containing ferrous and nonferrous materials, such as engines, transmissions, alternators, and catalytic converters to metals recyclers. The SMB segment produces a range of finished steel products using recycled metal and other raw materials. Its products include semi-finished goods, such as billets; and finished goods consisting of rebars, coiled rebars, wire rods, merchant bars, and other specialty products. This segment serves steel service centers, construction industry subcontractors, steel fabricators, wire drawers, and farm and wood products suppliers. Schnitzer Steel Industries, Inc. was founded in 1906 and is headquartered in Portland, Oregon.

3,371 Employees
Last Reported Date: 10/28/14
Founded in 1906

schnitzer steel inds inc-a (SCHN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.0M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $600.0K
Senior Vice President and President of Metals...
Total Annual Compensation: $600.9K
Senior Vice President and President of Steel ...
Total Annual Compensation: $412.0K
Chief Human Resources Officer and Senior Vice...
Total Annual Compensation: $529.0K
Compensation as of Fiscal Year 2014.

schnitzer steel inds inc-a (SCHN) Key Developments

Schnitzer Steel Industries, Inc. Presents at Jefferies 11th Annual Industrials Conference, Aug-10-2015

Schnitzer Steel Industries, Inc. Presents at Jefferies 11th Annual Industrials Conference, Aug-10-2015 . Venue: Grand Hyatt, 109 E. 42nd Street, New York, New York, United States.

Schnitzer Steel Industries Declares Quarterly Dividend, Payable on August 24, 2015

Schnitzer Steel Industries, Inc. declared a quarterly cash dividend of $0.1875 per common share, payable on August 24, 2015, to shareholders of record on August 10, 2015.

Schnitzer Steel Industries, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended May 31, 2015; Provides Earnings Guidance for the Year 2015

Schnitzer Steel Industries, Inc. announced unaudited consolidated earnings results for the third quarter ended May 31, 2015. For the quarter, the company reported net loss attributable to the company narrowed to $9.6 million, or $0.36 per share, from $195.6 million, or $7.24 per share, a year earlier. Excluding discontinued operations, the loss per share was $0.31, against a per-share loss of $7.08 in the prior-year period. Total revenue climbed to $467.3 million from $437.4 million, but missed the Street's consensus forecast of $503.8 million. Revenue was $467 million against $635 million a year ago. Adjusted operating income was $3 million against $6 million a year ago. Net loss from continuing operations attributable to company was $8 million against net income from continuing operations attributable to company of $3 million a year ago. Loss from continuing operations before income taxes was $6,311,000 against income from continuing operations before income taxes of $560,000 a year ago. Loss from continuing operations was $7,707,000 against income from continuing operations of $4,454,000 a year ago. Net loss was $8,941,000 against net income of $4,124,000 a year ago. The company generated positive operating cash flow in the third quarter of $64 million which enabled the Company to reduce total debt to $263 million, the lowest level since first quarter of fiscal 2011. Operating cash flow of $64 million during the third quarter enabled a continuation in the reduction of debt outstanding while funding quarterly dividend and capital expenditures. Net debt of $254 million at the end of the third quarter was $51 million lower than at the end of the second quarter. For nine months, the company reported total revenues of $1,458,382,000 against $1,845,163,000 a year ago. Adjusted operating income was $786,000 against $15,691,000 a year ago. Total operating loss was $204,246,000 against total operating income of $7,787,000 a year ago. Loss from continuing operations before income taxes was $208,279,000 against income from continuing operations before income taxes of $447,000 a year ago. Loss from continuing operations was $200,108,000 against income from continuing operations of $3,713,000 a year ago. Net loss was $206,422,000 against net income of $1,398,000 a year ago. Net loss attributable to company was $207,740,000 against $1,328,000 a year ago. Basic and diluted loss per share from continuing operations attributable to company was $7.46 against basic and diluted income per share from continuing operations attributable to company $0.04 per share a year ago. For the full year, the company anticipates a full year effective tax rate of 4%, primarily driven by estimated valuation allowances on deferred tax assets.

 

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SCHN Competitors

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AEP Industries Inc $54.45 USD +0.56
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Industry Analysis

SCHN

Industry Average

Valuation SCHN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x
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