Schneider National, Inc. (NYSE:SNDR) Receives $30.85 Average PT from Analysts

Schneider National, Inc. (NYSE:SNDR) has been given an average recommendation of “Hold” by the fourteen brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $30.85.

Several analysts have recently commented on the stock. Wells Fargo & Company increased their target price on shares of Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Evercore ISI decreased their price objective 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. JPMorgan Chase & Co. dropped their target price on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and reduced their target price for the company from $32.00 to $30.00 in a report on Tuesday, November 12th. Finally, Susquehanna lifted their price target on Schneider National from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Friday, January 31st.

Insider Activity at Schneider National

In other news, CAO Robert M. Reich, Jr. sold 6,250 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $31.69, for a total transaction of $198,062.50. Following the completion of the sale, the chief accounting officer now owns 155,366 shares of the company’s stock, valued at $4,923,548.54. This represents a 3.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Shaleen Devgun sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was 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. The trade was a 9.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 66,555 shares of company stock worth $2,153,011 over the last quarter. Company insiders own 32.68% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Schneider National by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company’s stock valued at $127,940,000 after acquiring an additional 172,418 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of Schneider National by 1.7% in the third quarter. Thrivent Financial for Lutherans now owns 2,914,631 shares of the company’s stock worth $83,184,000 after purchasing an additional 48,905 shares during the period. American Century Companies Inc. boosted its position in shares of Schneider National by 14.2% in the fourth quarter. American Century Companies Inc. now owns 2,469,951 shares of the company’s stock worth $72,320,000 after purchasing an additional 306,275 shares during the period. GW&K Investment Management LLC increased its stake in shares of Schneider National by 8.7% in the fourth quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company’s stock worth $58,204,000 after purchasing an additional 158,505 shares in the last quarter. Finally, State Street Corp raised its position in shares of Schneider National by 75.4% during the 3rd quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after purchasing an additional 743,800 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Price Performance

SNDR stock opened at $27.80 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The business has a 50-day simple moving average of $29.73 and a two-hundred day simple moving average of $28.91. The company has a market capitalization of $4.87 billion, a P/E ratio of 42.77, a price-to-earnings-growth ratio of 0.59 and a beta of 0.93. Schneider National has a 52-week low of $20.50 and a 52-week high of $33.90.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same quarter in the previous year, the business earned $0.16 EPS. Research analysts expect that Schneider National will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be paid a $0.095 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.37%. Schneider National’s dividend payout ratio is presently 58.46%.

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.