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

Shares of Schneider National, Inc. (NYSE:SNDR) have received a consensus recommendation of “Hold” from the fourteen brokerages that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $29.08.

Several brokerages have commented on SNDR. Citigroup lowered shares of Schneider National from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $32.00 to $30.00 in a report on Tuesday, November 12th. Stifel Nicolaus increased their price target on shares of Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Susquehanna cut their price objective on Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. JPMorgan Chase & Co. reduced their target price on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Finally, The Goldman Sachs Group lowered their target price on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th.

Schneider National Stock Down 1.5 %

Shares of NYSE:SNDR opened at $28.94 on Friday. The stock’s 50-day moving average is $30.26 and its 200 day moving average is $27.31. The company has a market cap of $5.07 billion, a PE ratio of 46.68, a P/E/G ratio of 3.24 and a beta of 0.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. Schneider National has a 1 year low of $20.50 and a 1 year high of $33.90.

Schneider National (NYSE:SNDR) last posted its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. Sell-side analysts anticipate that Schneider National will post 0.7 EPS for the current year.

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid a $0.095 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.31%. Schneider National’s dividend payout ratio is currently 61.29%.

Insider Activity

In related news, EVP Thomas G. Jackson sold 18,248 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the transaction, the executive vice president now directly owns 66,526 shares of the company’s stock, valued at approximately $2,200,014.82. This represents a 21.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $31.69, for a total value of $198,062.50. Following the sale, the chief accounting officer now owns 155,366 shares in the company, valued at approximately $4,923,548.54. This represents a 3.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 56,555 shares of company stock worth $1,862,611 over the last three months. 32.68% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Schneider National

Several large investors have recently bought and sold shares of the business. Innealta Capital LLC bought a new stake in shares of Schneider National in the second quarter worth approximately $53,000. DekaBank Deutsche Girozentrale purchased a new stake in Schneider National in the third quarter worth approximately $73,000. Quarry LP bought a new stake in Schneider National in the 3rd quarter worth approximately $90,000. SG Americas Securities LLC bought a new stake in Schneider National in the 3rd quarter worth approximately $109,000. Finally, Hills Bank & Trust Co purchased a new stake in Schneider National during the 3rd quarter valued at $112,000. 28.54% of the stock is currently owned by institutional investors.

Schneider National Company Profile

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.