Brokerages Set Schneider National, Inc. (NYSE:SNDR) Price Target at $26.20

Shares of Schneider National, Inc. (NYSE:SNDR) have been assigned a consensus recommendation of “Hold” from the eighteen research firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $26.5333.

Several research analysts have recently commented on SNDR shares. JPMorgan Chase & Co. lowered their price objective on Schneider National from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Susquehanna decreased their target price on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. Raymond James Financial raised shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 price target on the stock in a report on Wednesday, December 3rd. Bank of America upped their price target on shares of Schneider National from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 24th. Finally, Citigroup restated a “neutral” rating on shares of Schneider National in a research report on Wednesday.

Hedge Funds Weigh In On Schneider National

Hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in shares of Schneider National by 1.4% during the third quarter. Dimensional Fund Advisors LP now owns 4,773,667 shares of the company’s stock worth $101,010,000 after purchasing an additional 66,928 shares in the last quarter. First Trust Advisors LP boosted its stake in Schneider National by 10.7% in the 2nd quarter. First Trust Advisors LP now owns 3,962,710 shares of the company’s stock worth $95,700,000 after purchasing an additional 381,898 shares during the period. American Century Companies Inc. grew its holdings in Schneider National by 14.8% during the 2nd quarter. American Century Companies Inc. now owns 2,991,213 shares of the company’s stock valued at $72,238,000 after buying an additional 386,340 shares in the last quarter. Balyasny Asset Management L.P. purchased a new stake in Schneider National during the 2nd quarter valued at approximately $26,393,000. Finally, New York State Common Retirement Fund raised its position in shares of Schneider National by 8.6% during the second quarter. New York State Common Retirement Fund now owns 971,225 shares of the company’s stock valued at $23,455,000 after buying an additional 77,170 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Trading Down 2.2%

Shares of Schneider National stock opened at $27.92 on Thursday. Schneider National has a 1-year low of $20.11 and a 1-year high of $31.19. The company’s fifty day simple moving average is $24.48 and its 200-day simple moving average is $24.19. 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 stock has a market capitalization of $4.89 billion, a PE ratio of 43.63, a P/E/G ratio of 0.70 and a beta of 1.08.

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

Schneider National Dividend Announcement

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

About Schneider National

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.