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Last $15.59 USD
Change Today -0.31 / -1.95%
Volume 177.6K
As of 3:23 PM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

schnitzer steel inds inc-a (SCHN) Snapshot

Open
$15.87
Previous Close
$15.90
Day High
$16.08
Day Low
$15.54
52 Week High
04/29/14 - $28.76
52 Week Low
04/13/15 - $15.06
Market Cap
416.5M
Average Volume 10 Days
517.4K
EPS TTM
$0.28
Shares Outstanding
26.5M
EX-Date
02/5/15
P/E TM
55.5x
Dividend
$0.75
Dividend Yield
4.80%
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. to Close Seven of its 55 Pick-N-Pull Auto Parts Stores

Schnitzer Steel Industries Inc. is idling equipment in its metals recycling business and will close seven of its 55 Pick-n-Pull auto parts stores in a bid to improve its fiscal performance by $60 million in 2016.

Schnitzer Steel Industries, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended February 28, 2015; Reports Goodwill Impairment Charge for the Second Quarter Ended February 28, 2015; Provides Capital Expenditure Guidance for Fiscal 2015

Schnitzer Steel Industries, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended February 28, 2015. For the quarter, the company reported revenues of USD 439.232 million compared to USD 626.147 million a year ago. Operating loss was USD 204.909 million compared to operating income of USD 6.584 million a year ago. Loss before income tax was USD 205.634 million compared to income before income tax of USD 3.626 million a year ago. Net loss was USD 195.882 million compared to net income of USD 2.640 million a year ago. Net loss attributable to the company was USD 195.642 million compared to net income attributable to the company of USD 1.789 million a year ago. Basic and diluted net loss per share attributable to the company was USD 7.24 compared to basic and diluted net income attributable to the company of USD 0.07 a year ago. Adjusted operating loss was USD 0.010 million compared to adjusted operating income of USD 0.010 million a year ago. Adjusted net loss attributable to the company was USD 0.09 million compared to adjusted net income attributable to the company of USD 0.03 million a year ago. Adjusted Diluted EPS from continuing operations attributable to the company was USD 0.33 compared to adjusted loss per share of USD 0.13 a year ago. The company generated positive operating cash flow of USD 32 million and reduced the total debt by USD 27 million. Capital expenditures in second quarter were USD 7 million covering mainly maintenance, environmental and safety-related projects. For the six months, the company reported revenues of USD 994.822 million compared to USD 1,213.891 million a year ago. Operating loss was USD 204.830 million compared to operating income of USD 2.957 million a year ago. Loss before income tax was USD 207.227 million compared to USD 2.527 million a year ago. Net loss was USD 197.484 million compared to USD 2.728 million a year ago. Net loss attributable to the company was USD 198.115 million compared to USD 4.440 million a year ago. Basic and diluted net loss per share attributable to the company was USD 7.34 compared to USD 0.17 a year ago. Total debt net of cash as at February 28, 2015 was USD 305.919 million. For the quarter ended February 28, 2015, the company reported goodwill impairment charge of USD 141.021 million. For fiscal 2015, the company expects total capital expenditures of approximately USD 35 million, which is around 10% lower than fiscal 2014.

Schnitzer Steel Industries, Inc. to Report Q2, 2015 Results on Apr 07, 2015

Schnitzer Steel Industries, Inc. announced that they will report Q2, 2015 results at 11:30 AM, US Eastern Standard Time on Apr 07, 2015

 

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SCHN Competitors

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Industry Analysis

SCHN

Industry Average

Valuation SCHN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.0x
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