Schneider National (NYSE:SNDR) Price Target Lowered to $24.00 at Susquehanna

Schneider National (NYSE:SNDR) had its target price decreased by Susquehanna from $32.00 to $24.00 in a report issued on Wednesday, MarketBeat Ratings reports. Susquehanna currently has a neutral rating on the stock.

A number of other analysts have also issued reports on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Stephens reiterated an “equal weight” rating and issued a $30.00 price objective (down previously from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Benchmark raised their target price on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Bank of America lifted their target price on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Wells Fargo & Company increased their price target on Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Schneider National presently has a consensus rating of “Hold” and an average target price of $30.23.

Schneider National Price Performance

Schneider National stock opened at $23.47 on Wednesday. The firm has a fifty day moving average of $26.99 and a 200-day moving average of $28.56. Schneider National has a 52-week low of $20.50 and a 52-week high of $33.90. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $4.12 billion, a P/E ratio of 36.10, a PEG ratio of 0.54 and a beta of 0.87.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates 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 firm earned $0.16 EPS. As a group, analysts predict that Schneider National will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s dividend payout ratio is presently 58.46%.

Institutional Trading of Schneider National

Institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC increased its holdings in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after acquiring an additional 450 shares during the period. Huntington National Bank increased its stake in shares of Schneider National by 237.9% in the fourth quarter. Huntington National Bank now owns 1,416 shares of the company’s stock valued at $41,000 after purchasing an additional 997 shares during the period. SRS Capital Advisors Inc. raised its holdings in shares of Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after buying an additional 612 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Schneider National by 489.1% during the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after buying an additional 1,350 shares during the period. Finally, Aster Capital Management DIFC Ltd bought a new position in Schneider National in the 4th quarter worth approximately $48,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.

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.