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

Schneider National, Inc. (NYSE:SNDR) has been assigned a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $28.07.

A number of equities analysts have recently weighed in on SNDR shares. Stephens reiterated an “equal weight” rating and set a $28.00 target price on shares of Schneider National in a research note on Monday, February 5th. Bank of America lowered their target price on Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research note on Monday, April 15th. Evercore ISI lowered Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 target price on the stock. in a research note on Thursday, January 4th. Susquehanna reduced their price target on Schneider National from $27.00 to $25.00 and set a “neutral” rating on the stock in a research report on Monday, March 25th. Finally, Benchmark reissued a “buy” rating and set a $27.00 price target on shares of Schneider National in a research report on Friday, April 12th.

Institutional Investors Weigh In On Schneider National

Large investors have recently modified their holdings of the business. Ceredex Value Advisors LLC boosted its holdings in shares of Schneider National by 40.1% during the 4th quarter. Ceredex Value Advisors LLC now owns 690,800 shares of the company’s stock valued at $17,635,000 after acquiring an additional 197,750 shares in the last quarter. UBS Group AG boosted its holdings in shares of Schneider National by 360.1% during the 3rd quarter. UBS Group AG now owns 202,486 shares of the company’s stock valued at $5,607,000 after acquiring an additional 158,474 shares in the last quarter. Copeland Capital Management LLC acquired a new stake in shares of Schneider National during the 4th quarter valued at $12,547,000. QRG Capital Management Inc. acquired a new stake in shares of Schneider National during the 3rd quarter valued at $2,615,000. Finally, Invesco Ltd. boosted its holdings in shares of Schneider National by 33.5% during the 3rd quarter. Invesco Ltd. now owns 228,063 shares of the company’s stock valued at $6,315,000 after acquiring an additional 57,183 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Price Performance

NYSE:SNDR opened at $21.04 on Tuesday. The company has a quick ratio of 1.64, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. The stock’s 50 day moving average price is $22.64 and its two-hundred day moving average price is $23.86. The firm has a market capitalization of $3.70 billion, a price-to-earnings ratio of 15.82, a P/E/G ratio of 1.42 and a beta of 0.89. Schneider National has a 12-month low of $20.50 and a 12-month high of $31.74.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.05). The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.35 billion. Schneider National had a net margin of 4.34% and a return on equity of 8.23%. Schneider National’s quarterly revenue was down 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 EPS. On average, analysts anticipate that Schneider National will post 1.09 earnings per share for the current year.

Schneider National Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Friday, March 8th were issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date of this dividend was Thursday, March 7th. This is an increase from Schneider National’s previous quarterly dividend of $0.09. Schneider National’s dividend payout ratio (DPR) is currently 28.57%.

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.