Susquehanna Lowers Schneider National (NYSE:SNDR) Price Target to $25.00

Schneider National (NYSE:SNDR) had its target price trimmed by Susquehanna from $27.00 to $25.00 in a research report released on Monday morning, Benzinga reports. The firm currently has a neutral rating on the stock.

Other equities research analysts have also issued reports about the stock. Wells Fargo & Company upgraded shares of Schneider National from an underweight rating to an equal weight rating and increased their target price for the stock from $23.00 to $25.00 in a report on Thursday, December 7th. TD Cowen reduced their target price on shares of Schneider National from $28.00 to $26.00 and set an outperform rating on the stock in a report on Friday, February 2nd. Evercore ISI lowered shares of Schneider National from an outperform rating to an inline rating and set a $25.00 target price on the stock. in a report on Thursday, January 4th. Stephens reiterated an equal weight rating and set a $28.00 target price on shares of Schneider National in a report on Monday, February 5th. Finally, Stifel Nicolaus increased their target price on shares of Schneider National from $26.00 to $27.00 and gave the stock a buy rating in a report on Wednesday, January 10th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Schneider National has an average rating of Hold and a consensus price target of $28.64.

Schneider National Stock Performance

Shares of SNDR stock opened at $22.35 on Monday. The firm’s 50 day moving average price is $23.56 and its 200-day moving average price is $24.60. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.83. Schneider National has a one year low of $21.31 and a one year high of $31.74. The firm has a market cap of $3.93 billion, a P/E ratio of 16.80, a P/E/G ratio of 1.18 and a beta of 0.89.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, February 1st. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.05). Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The company had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the prior year, the company posted $0.64 earnings per share. The business’s revenue was down 12.2% compared to the same quarter last year. As a group, equities research analysts predict that Schneider National will post 1.19 EPS for the current year.

Schneider National Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 9th. Shareholders of record on Friday, March 8th will be given a dividend of $0.095 per share. This is an increase from Schneider National’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Thursday, March 7th. Schneider National’s dividend payout ratio (DPR) is presently 28.57%.

Institutional Trading of Schneider National

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Schneider National by 5.4% in the first quarter. Vanguard Group Inc. now owns 4,816,076 shares of the company’s stock valued at $122,810,000 after purchasing an additional 244,894 shares during the period. BlackRock Inc. lifted its stake in shares of Schneider National by 3.0% in the third quarter. BlackRock Inc. now owns 4,280,609 shares of the company’s stock valued at $86,896,000 after purchasing an additional 124,043 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Schneider National by 4.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,405,619 shares of the company’s stock valued at $86,675,000 after purchasing an additional 130,426 shares during the period. AQR Capital Management LLC lifted its stake in shares of Schneider National by 8.2% in the fourth quarter. AQR Capital Management LLC now owns 3,008,023 shares of the company’s stock valued at $70,388,000 after purchasing an additional 227,164 shares during the period. Finally, Morgan Stanley lifted its stake in shares of Schneider National by 14.3% in the fourth quarter. Morgan Stanley now owns 2,379,638 shares of the company’s stock valued at $55,684,000 after purchasing an additional 297,850 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, engages in the provision of surface transportation and logistics solutions in the United States, Canada, and Mexico. The company 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 equipment across either network or dedicated configurations.