Schneider National (NYSE:SNDR) Trading 8% Higher – What’s Next?

Schneider National, Inc. (NYSE:SNDR)’s share price was up 8% on Thursday . The stock traded as high as $31.55 and last traded at $31.5150. Approximately 441,883 shares were traded during trading, a decline of 56% from the average daily volume of 1,006,830 shares. The stock had previously closed at $29.17.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on SNDR shares. Susquehanna increased their target price on Schneider National from $28.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 22nd. TD Cowen increased their price objective on Schneider National from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Zacks Research raised Schneider National from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. National Bank Financial set a $35.00 target price on shares of Schneider National in a report on Friday, May 1st. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Schneider National in a research report on Monday, April 20th. Seven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $31.71.

Schneider National Price Performance

The firm has a 50 day moving average of $27.72 and a two-hundred day moving average of $26.84. The company has a current ratio of 1.95, a quick ratio of 1.83 and a debt-to-equity ratio of 0.13. The company has a market cap of $5.60 billion, a PE ratio of 57.10, a P/E/G ratio of 0.93 and a beta of 1.14.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.42 billion. Schneider National had a return on equity of 3.45% and a net margin of 1.73%.The firm’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. Research analysts predict that Schneider National, Inc. will post 0.9 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 12th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, June 12th. Schneider National’s dividend payout ratio is 71.43%.

Schneider National declared that its Board of Directors has authorized a share buyback plan on Wednesday, January 28th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In other news, VP Magnin Shelly A. Dumas sold 2,425 shares of Schneider National stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $30.90, for a total value of $74,932.50. Following the sale, the vice president directly owned 24,697 shares of the company’s stock, valued at approximately $763,137.30. The trade was a 8.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Darrell George Campbell sold 6,000 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $28.89, for a total value of $173,340.00. Following the transaction, the chief financial officer directly owned 66,275 shares of the company’s stock, valued at approximately $1,914,684.75. The trade was a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 23.64% of the company’s stock.

Institutional Trading of Schneider National

Several hedge funds have recently modified their holdings of the company. Royal Bank of Canada grew its holdings in shares of Schneider National by 19.1% in the first quarter. Royal Bank of Canada now owns 162,011 shares of the company’s stock valued at $3,702,000 after purchasing an additional 26,015 shares in the last quarter. Millennium Management LLC bought a new position in Schneider National during the first quarter valued at $7,477,000. Empowered Funds LLC lifted its position in Schneider National by 12.0% during the first quarter. Empowered Funds LLC now owns 13,944 shares of the company’s stock valued at $319,000 after purchasing an additional 1,494 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Schneider National by 18.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 178,433 shares of the company’s stock worth $4,077,000 after buying an additional 27,180 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of Schneider National by 120.5% in the 1st quarter. Jane Street Group LLC now owns 90,616 shares of the company’s stock worth $2,071,000 after buying an additional 49,511 shares during the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

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.