Schneider National (NYSE:SNDR) Price Target Raised to $28.00

Schneider National (NYSE:SNDR) had its price objective boosted by Bank of America from $26.00 to $28.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Other research analysts also recently issued reports about the company. Citigroup decreased their price target on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. TD Cowen cut their price target on Schneider National from $25.00 to $23.00 and set a “buy” rating for the company in a report on Friday, October 31st. Erste Group Bank raised Schneider National from a “hold” rating to a “buy” rating in a report on Thursday, September 11th. UBS Group downgraded Schneider National from a “buy” rating to a “neutral” rating and increased their target price for the company from $25.00 to $26.00 in a research report on Friday, September 5th. Finally, Stifel Nicolaus boosted their price target on shares of Schneider National from $25.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $26.20.

Schneider National Stock Performance

Shares of Schneider National stock opened at $27.31 on Wednesday. The business has a 50-day simple moving average of $23.80 and a 200 day simple moving average of $24.01. Schneider National has a one year low of $20.11 and a one year high of $31.19. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93. The firm has a market capitalization of $4.79 billion, a price-to-earnings ratio of 42.66, a PEG ratio of 1.07 and a beta of 1.09.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.44 billion. Schneider National had a net margin of 2.03% and a return on equity of 4.04%. Schneider National’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.18 earnings per share. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. On average, research analysts anticipate that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 12th. Stockholders of record on Friday, December 12th will be paid a dividend of $0.095 per share. The ex-dividend date is Friday, December 12th. This represents a $0.38 annualized dividend and a dividend yield of 1.4%. Schneider National’s dividend payout ratio is 59.38%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Northern Trust Corp raised its stake in shares of Schneider National by 12.0% in the first quarter. Northern Trust Corp now owns 566,958 shares of the company’s stock valued at $12,955,000 after acquiring an additional 60,656 shares during the last quarter. Jump Financial LLC bought a new position in Schneider National in the 1st quarter valued at $963,000. Ceredex Value Advisors LLC boosted its stake in Schneider National by 11.3% in the first quarter. Ceredex Value Advisors LLC now owns 425,200 shares of the company’s stock worth $9,716,000 after purchasing an additional 43,250 shares in the last quarter. Earnest Partners LLC grew its holdings in shares of Schneider National by 3.3% during the first quarter. Earnest Partners LLC now owns 2,206,990 shares of the company’s stock worth $50,430,000 after purchasing an additional 70,476 shares during the last quarter. Finally, State of Wyoming increased its stake in shares of Schneider National by 62.2% in the first quarter. State of Wyoming now owns 5,849 shares of the company’s stock valued at $134,000 after buying an additional 2,242 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Company Profile

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.