Schneider National, Inc. (NYSE:SNDR) Receives Consensus Rating of “Hold” from Analysts

Schneider National, Inc. (NYSE:SNDR) has been assigned an average recommendation of “Hold” from the fourteen analysts that are currently covering the stock, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $27.86.

A number of research analysts have commented on SNDR shares. TD Cowen reduced their price objective on shares of Schneider National from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, May 3rd. Bank of America reduced their price target on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, April 15th. Benchmark reiterated a “buy” rating and issued a $27.00 price target on shares of Schneider National in a research note on Friday, May 3rd. Susquehanna cut their price objective on Schneider National from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Monday, March 25th. Finally, Wells Fargo & Company assumed coverage on Schneider National in a research report on Friday, June 7th. They issued an “equal weight” rating and a $23.00 target price for the company.

Hedge Funds Weigh In On Schneider National

A number of large investors have recently made changes to their positions in the business. Truist Financial Corp lifted its stake in Schneider National by 0.5% in the fourth quarter. Truist Financial Corp now owns 112,991 shares of the company’s stock valued at $2,876,000 after acquiring an additional 568 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings in Schneider National by 3.2% in the first quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock worth $451,000 after purchasing an additional 618 shares in the last quarter. Alaska Permanent Fund Corp increased its position in Schneider National by 0.5% during the fourth quarter. Alaska Permanent Fund Corp now owns 117,814 shares of the company’s stock worth $2,998,000 after buying an additional 619 shares during the last quarter. Quent Capital LLC raised its holdings in Schneider National by 64.0% during the fourth quarter. Quent Capital LLC now owns 1,815 shares of the company’s stock valued at $46,000 after buying an additional 708 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of Schneider National by 1.2% in the third quarter. O Shaughnessy Asset Management LLC now owns 59,139 shares of the company’s stock worth $1,638,000 after buying an additional 713 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Trading Up 1.3 %

Shares of SNDR opened at $24.16 on Friday. Schneider National has a 12 month low of $20.50 and a 12 month high of $31.74. The stock’s 50-day moving average is $22.16 and its two-hundred day moving average is $23.13. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.44 and a quick ratio of 1.32. The stock has a market cap of $4.24 billion, a PE ratio of 27.45, a P/E/G ratio of 2.13 and a beta of 0.86.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.02). The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.36 billion. Schneider National had a net margin of 2.95% and a return on equity of 5.55%. The firm’s revenue was down 7.7% compared to the same quarter last year. During the same period last year, the business earned $0.55 EPS. Equities analysts forecast that Schneider National will post 0.89 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Friday, June 7th will be issued a $0.095 dividend. The ex-dividend date is Friday, June 7th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.57%. Schneider National’s payout ratio is currently 43.18%.

About Schneider National

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.