Schneider National, Inc. (NYSE:SNDR) Given Average Rating of “Hold” by Brokerages

Schneider National, Inc. (NYSE:SNDR) has been given an average rating of “Hold” by the fourteen ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $28.77.

Several brokerages have recently commented on SNDR. Benchmark boosted their target price on shares of Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Evercore ISI cut their target price on 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 lifted their price target on Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday. Robert W. Baird upped their price objective on Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. Finally, Citigroup cut Schneider National from a “neutral” rating to a “sell” rating and decreased their target price for the company from $32.00 to $30.00 in a research report on Tuesday, November 12th.

Institutional Investors Weigh In On Schneider National

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Innealta Capital LLC bought a new stake in shares of Schneider National in the 2nd quarter valued at $53,000. DekaBank Deutsche Girozentrale acquired a new stake in Schneider National during the 3rd quarter worth about $73,000. Hilltop National Bank raised its position 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 worth $74,000 after acquiring an additional 676 shares in the last quarter. Quarry LP acquired a new position in shares of Schneider National in the 3rd quarter valued at about $90,000. Finally, SG Americas Securities LLC bought a new stake in shares of Schneider National during the 3rd quarter valued at about $109,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Trading Up 3.9 %

Shares of NYSE:SNDR opened at $33.28 on Wednesday. The business’s 50 day simple moving average is $28.87 and its 200 day simple moving average is $26.13. Schneider National has a 1 year low of $20.50 and a 1 year high of $33.47. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The company has a market capitalization of $5.83 billion, a P/E ratio of 53.68, a P/E/G ratio of 3.83 and a beta of 0.85.

Schneider National (NYSE:SNDR) last released its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. On average, research analysts anticipate that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm 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 $0.095 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.14%. Schneider National’s dividend payout ratio is 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.