Schneider National (SNDR) Expected to Announce Earnings on Thursday

Schneider National (NYSE:SNDR) is projected to issue its quarterly earnings data before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $1,364,302.12 billion for the quarter. Schneider National has set its FY24 guidance at $0.66-0.72 EPS and its FY 2024 guidance at 0.660-0.720 EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Schneider National (NYSE:SNDR) last issued 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%. On average, analysts expect Schneider National to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Schneider National Stock Performance

Shares of SNDR opened at $29.79 on Thursday. 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 $33.90. The stock has a market cap of $5.22 billion, a P/E ratio of 48.04, a PEG ratio of 1.90 and a beta of 0.93. The company has a 50-day moving average of $30.50 and a two-hundred day moving average of $28.40.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th were given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.28%. The ex-dividend date was Friday, December 13th. Schneider National’s payout ratio is 61.29%.

Insider Activity at Schneider National

In other Schneider National news, EVP Thomas G. Jackson sold 18,248 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the sale, the executive vice president now directly owns 66,526 shares in the company, valued at $2,200,014.82. The trade was a 21.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shaleen Devgun sold 10,000 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction of $290,400.00. Following the completion of the transaction, the insider now directly owns 95,191 shares in the company, valued at approximately $2,764,346.64. This represents a 9.51 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 66,555 shares of company stock worth $2,153,011. 18.83% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Benchmark upped their price objective on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Evercore ISI decreased their price target on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. lowered their price target on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Susquehanna reduced their price objective on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Finally, Citigroup lowered shares of Schneider National from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $29.15.

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.