Schneider National (NYSE:SNDR) Issues Earnings Results, Misses Expectations By $0.01 EPS

Schneider National (NYSE:SNDR) announced its quarterly earnings results on Thursday. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01), FiscalAI reports. The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.58 billion. Schneider National had a net margin of 1.92% and a return on equity of 3.89%.

Schneider National Price Performance

Shares of SNDR traded down $0.41 during midday trading on Thursday, hitting $29.30. 1,452,546 shares of the company traded hands, compared to its average volume of 954,832. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.94 and a current ratio of 2.03. The stock has a market cap of $5.14 billion, a price-to-earnings ratio of 45.78, a PEG ratio of 0.69 and a beta of 1.21. Schneider National has a 52 week low of $20.11 and a 52 week high of $39.27. The firm has a 50 day moving average of $32.69 and a 200-day moving average of $31.89.

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 12th. Stockholders of record on Friday, December 11th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Friday, December 11th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.4%. Schneider National’s dividend payout ratio is 62.50%.

Insider Buying and Selling at Schneider National

In other Schneider National news, insider Mark Rourke sold 52,682 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $35.94, for a total value of $1,893,391.08. Following the completion of the sale, the insider directly owned 221,522 shares of the company’s stock, valued at $7,961,500.68. The trade was a 19.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 23.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SNDR shares. Wall Street Zen upgraded Schneider National from a “hold” rating to a “buy” rating in a research note on Saturday, October 17th. Susquehanna cut their price target on Schneider National from $39.00 to $36.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. Benchmark reissued a “buy” rating on shares of Schneider National in a report on Thursday, July 16th. UBS Group lifted their price objective on Schneider National from $27.00 to $34.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, National Bank Financial set a $38.00 price objective on Schneider National in a research note on Friday, July 31st. Five analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $33.69.

About Schneider National

Schneider National, Inc (NYSE: SNDR) is a transportation and logistics company headquartered in Green Bay, Wisconsin. Founded in 1935 by Al Schneider, the company began as a one-truck operation and has grown into a provider of freight transportation and supply chain services.

Schneider’s services include truckload transportation, dedicated transportation, intermodal transportation, brokerage, and logistics management. Its offerings support a range of shipping needs, including long-haul freight, dedicated fleet operations, rail-connected transportation, port drayage, and supply chain planning.

The company primarily serves customers throughout the United States, Canada, and Mexico.