Schneider National, Inc. (NYSE:SNDR) Receives $28.43 Average Target Price from Analysts

Schneider National, Inc. (NYSE:SNDR) has received a consensus rating of “Hold” from the sixteen analysts that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $28.4286.

Several research analysts have issued reports on SNDR shares. UBS Group reiterated a “neutral” rating on shares of Schneider National in a report on Friday, January 30th. Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and set a $27.00 target price on the stock. in a research report on Friday, February 6th. Evercore lifted their price target on shares of Schneider National from $21.00 to $30.00 and gave the company an “in-line” rating in a research report on Tuesday, January 13th. TD Cowen decreased their price target on shares of Schneider National from $31.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th.

Schneider National Stock Up 4.3%

Shares of NYSE SNDR opened at $28.06 on Friday. Schneider National has a 12-month low of $20.11 and a 12-month high of $30.98. The company has a quick ratio of 1.93, a current ratio of 2.13 and a debt-to-equity ratio of 0.13. The firm has a market cap of $4.92 billion, a PE ratio of 47.56, a P/E/G ratio of 0.88 and a beta of 1.08. The company’s fifty day simple moving average is $28.57 and its 200 day simple moving average is $25.18.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, January 29th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.08). The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.45 billion. Schneider National had a net margin of 1.83% and a return on equity of 3.66%. Schneider National’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.20 EPS. As a group, sell-side analysts forecast that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 13th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Schneider National’s previous quarterly dividend of $0.10. Schneider National’s payout ratio is 67.80%.

Schneider National declared that its Board of Directors has authorized a stock buyback plan on Wednesday, January 28th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 2.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other news, CFO Darrell George Campbell sold 6,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $28.89, for a total value of $173,340.00. Following the completion of the sale, the chief financial officer directly owned 66,275 shares of the company’s stock, valued at $1,914,684.75. This represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 32.68% of the company’s stock.

Institutional Investors Weigh In On Schneider National

Several institutional investors have recently bought and sold shares of the stock. Amalgamated Bank lifted its stake in Schneider National by 3.2% during the 3rd quarter. Amalgamated Bank now owns 14,768 shares of the company’s stock valued at $312,000 after acquiring an additional 462 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Schneider National by 5.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,009 shares of the company’s stock valued at $319,000 after purchasing an additional 674 shares during the last quarter. Baker Avenue Asset Management LP raised its holdings in shares of Schneider National by 7.2% in the fourth quarter. Baker Avenue Asset Management LP now owns 11,409 shares of the company’s stock valued at $303,000 after purchasing an additional 764 shares during the last quarter. Teza Capital Management LLC lifted its position in shares of Schneider National by 6.2% during the second quarter. Teza Capital Management LLC now owns 13,719 shares of the company’s stock valued at $331,000 after purchasing an additional 802 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Schneider National by 7.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,068 shares of the company’s stock worth $291,000 after purchasing an additional 821 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

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.