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

Schneider National, Inc. (NYSE:SNDR) has earned an average rating of “Hold” from the fourteen ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $27.08.

A number of equities research analysts recently commented on the stock. Evercore ISI lowered their price objective on shares of Schneider National from $28.00 to $27.00 and set an “in-line” rating on the stock in a research note on Thursday, October 3rd. The Goldman Sachs Group cut their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Bank of America cut shares of Schneider National from a “neutral” rating to an “underperform” rating and set a $23.00 target price on the stock. in a research report on Monday, July 22nd. JPMorgan Chase & Co. upped their target price on Schneider National from $24.00 to $30.00 and gave the company a “neutral” rating in a research report on Friday, August 2nd. Finally, Citigroup began coverage on Schneider National in a research note on Wednesday, October 9th. They set a “neutral” rating and a $29.00 price objective on the stock.

Hedge Funds Weigh In On Schneider National

Hedge funds have recently made changes to their positions in the business. Innealta Capital LLC acquired a new stake in shares of Schneider National during the second quarter worth approximately $53,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Schneider National in the 3rd quarter worth approximately $73,000. Hilltop National Bank increased its position in shares of Schneider National by 28.5% during the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock worth $74,000 after purchasing an additional 676 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Schneider National during the 3rd quarter valued at $109,000. Finally, Hills Bank & Trust Co bought a new stake in Schneider National during the 3rd quarter worth about $112,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Trading Up 0.5 %

NYSE:SNDR opened at $28.41 on Friday. The stock has a 50-day simple moving average of $27.67 and a 200-day simple moving average of $25.03. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. The stock has a market cap of $4.98 billion, a P/E ratio of 43.71, a P/E/G ratio of 2.89 and a beta of 0.85. Schneider National has a 1 year low of $20.50 and a 1 year high of $29.18.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. The firm’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.45 EPS. As a group, analysts anticipate that Schneider National will post 0.84 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.34%. 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.