Schneider National, Inc. (NYSE:SNDR) Receives Average Recommendation of “Hold” from Analysts

Schneider National, Inc. (NYSE:SNDR) has received a consensus rating of “Hold” from the thirteen ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $27.00.

A number of brokerages recently issued reports on SNDR. Susquehanna increased their price target on shares of Schneider National from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. TD Cowen lowered their target price on shares of Schneider National from $26.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, May 3rd. Stifel Nicolaus cut Schneider National from a “buy” rating to a “hold” rating and set a $25.00 target price on the stock. in a research report on Thursday, August 8th. Benchmark upped their price target on Schneider National from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Finally, UBS Group increased their price target on Schneider National from $26.00 to $28.00 and gave the stock a “buy” rating in a research report on Tuesday, July 9th.

Schneider National Stock Up 1.5 %

Shares of SNDR opened at $27.28 on Monday. The company has a market capitalization of $4.79 billion, a price-to-earnings ratio of 31.00, a PEG ratio of 2.47 and a beta of 0.85. Schneider National has a 52 week low of $20.50 and a 52 week high of $29.60. The stock’s 50-day moving average price is $25.12 and its 200-day moving average price is $23.38. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.03. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.35 billion. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. Schneider National’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.45 earnings per share. On average, sell-side analysts predict that Schneider National will post 0.85 EPS for the current year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 8th. Stockholders of record on Friday, September 13th will be given a $0.095 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.39%. Schneider National’s dividend payout ratio (DPR) is presently 43.18%.

Insider Transactions at Schneider National

In related news, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $27.60, for a total value of $276,000.00. Following the completion of the transaction, the insider now directly owns 55,726 shares of the company’s stock, valued at approximately $1,538,037.60. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 32.68% of the company’s stock.

Hedge Funds Weigh In On Schneider National

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Schneider National by 10.6% in the 1st quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock worth $91,964,000 after purchasing an additional 388,913 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Schneider National by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 4,013,001 shares of the company’s stock valued at $96,953,000 after purchasing an additional 228,661 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in Schneider National by 1.1% during the second quarter. Thrivent Financial for Lutherans now owns 2,865,726 shares of the company’s stock worth $69,236,000 after buying an additional 30,113 shares in the last quarter. Earnest Partners LLC boosted its stake in Schneider National by 25.5% during the second quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock worth $52,334,000 after buying an additional 440,545 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in Schneider National by 10.9% during the second quarter. American Century Companies Inc. now owns 1,906,179 shares of the company’s stock worth $46,053,000 after buying an additional 186,857 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.