What is Zacks Research’s Estimate for SNDR FY2024 Earnings?

Schneider National, Inc. (NYSE:SNDR) – Equities research analysts at Zacks Research lowered their FY2024 earnings estimates for shares of Schneider National in a research report issued to clients and investors on Wednesday, November 20th. Zacks Research analyst S. Goswami now forecasts that the company will earn $0.71 per share for the year, down from their previous forecast of $0.87. The consensus estimate for Schneider National’s current full-year earnings is $0.70 per share. Zacks Research also issued estimates for Schneider National’s Q4 2024 earnings at $0.21 EPS, Q1 2025 earnings at $0.21 EPS, Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.36 EPS, FY2025 earnings at $1.18 EPS, Q1 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.48 EPS and FY2026 earnings at $1.80 EPS.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%.

Other analysts also recently issued research reports about the stock. Susquehanna cut their price objective on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Evercore ISI dropped their price target on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research note on Thursday, November 7th. Bank of America raised shares of Schneider National from an “underperform” rating to a “buy” rating and increased their price target for the company from $27.00 to $34.00 in a research note on Thursday, November 7th. JPMorgan Chase & Co. dropped their price target on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. Finally, Citigroup cut shares of Schneider National from a “neutral” rating to a “sell” rating and dropped their price target for the company from $32.00 to $30.00 in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $28.31.

Schneider National Stock Up 0.6 %

SNDR stock opened at $31.61 on Friday. The company has a market cap of $5.54 billion, a price-to-earnings ratio of 50.98, a PEG ratio of 3.75 and a beta of 0.85. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Schneider National has a 12 month low of $20.50 and a 12 month high of $32.14. The firm has a 50-day moving average of $28.79 and a two-hundred day moving average of $26.01.

Institutional Investors Weigh In On Schneider National

Hedge funds have recently added to or reduced their stakes in the business. Innealta Capital LLC acquired a new stake in shares of Schneider National in the 2nd quarter valued at $53,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of Schneider National in the 3rd quarter valued at $73,000. Hilltop National Bank raised its holdings in shares of Schneider National by 28.5% in the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after purchasing an additional 676 shares in the last quarter. Quarry LP acquired a new stake in shares of Schneider National in the 3rd quarter valued at $90,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Schneider National in the 3rd quarter valued at $109,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.095 per share. The ex-dividend date is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.20%. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

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.