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

Shares of Schneider National, Inc. (NYSE:SNDR) have earned a consensus recommendation of “Hold” from the fourteen brokerages that are currently covering the stock, MarketBeat reports. 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 company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $30.85.

A number of analysts have recently issued reports on the company. Stifel Nicolaus increased their target price on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. reduced their price objective on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Benchmark upped their target price on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Susquehanna upped their price objective on shares of Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. Finally, Wells Fargo & Company lifted their price objective on Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st.

Insider Buying and Selling

In related news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction on Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the transaction, the insider now owns 95,191 shares in the company, valued at $2,764,346.64. This trade represents a 9.51 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 32.68% of the company’s stock.

Institutional Investors Weigh In On Schneider National

Several hedge funds and other institutional investors have recently made changes to their positions in SNDR. GAMMA Investing LLC grew its holdings in Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock valued at $38,000 after buying an additional 450 shares during the last quarter. Truist Financial Corp grew its stake in shares of Schneider National by 0.6% in the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company’s stock worth $2,595,000 after acquiring an additional 528 shares during the last quarter. SRS Capital Advisors Inc. increased its position in Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock worth $42,000 after acquiring an additional 612 shares during the period. Exchange Traded Concepts LLC raised its stake in Schneider National by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock valued at $822,000 after purchasing an additional 710 shares during the last quarter. Finally, Captrust Financial Advisors raised its stake in Schneider National by 4.1% during the 4th quarter. Captrust Financial Advisors now owns 22,061 shares of the company’s stock valued at $646,000 after purchasing an additional 867 shares during the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Trading Down 0.3 %

NYSE:SNDR opened at $25.26 on Friday. The stock has a fifty day simple moving average of $28.61 and a 200 day simple moving average of $28.87. 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 $4.43 billion, a price-to-earnings ratio of 38.85, a price-to-earnings-growth ratio of 0.54 and a beta of 0.93. Schneider National has a 1-year low of $20.50 and a 1-year high of $33.90.

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

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Friday, March 14th. Schneider National’s payout ratio is 58.46%.

About Schneider National

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.