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

Shares of Schneider National, Inc. (NYSE:SNDR) have earned a consensus recommendation of “Hold” from the fourteen analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $29.15.

Several research firms have recently commented on SNDR. Evercore ISI reduced their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a report on Thursday, November 7th. Benchmark boosted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. TD Cowen boosted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Bank of America boosted their price objective on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, The Goldman Sachs Group reduced their price objective on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th.

Schneider National Price Performance

NYSE:SNDR opened at $29.79 on Thursday. The stock has a 50 day moving average price of $30.50 and a 200 day moving average price of $28.40. The stock has a market cap of $5.22 billion, a PE ratio of 48.04, a P/E/G ratio of 1.90 and a beta of 0.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National has a one year low of $20.50 and a one year high of $33.90.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Equities research analysts expect that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th were given a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.28%. The ex-dividend date was Friday, December 13th. Schneider National’s dividend payout ratio is currently 61.29%.

Insider Buying and Selling at Schneider National

In other news, CAO Robert M. Reich, Jr. sold 6,250 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total transaction of $198,062.50. Following the completion of the transaction, the chief accounting officer now directly owns 155,366 shares of the company’s stock, valued at approximately $4,923,548.54. The trade was a 3.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Mark B. Rourke sold 32,057 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total value of $1,061,086.70. Following the transaction, the chief operating officer now directly owns 266,887 shares of the company’s stock, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 66,555 shares of company stock valued at $2,153,011 in the last three months. 32.68% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Schneider National

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Victory Capital Management Inc. boosted its holdings in Schneider National by 11.0% in the second quarter. Victory Capital Management Inc. now owns 69,023 shares of the company’s stock valued at $1,668,000 after purchasing an additional 6,862 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in Schneider National by 57.1% in the second quarter. Oppenheimer Asset Management Inc. now owns 113,517 shares of the company’s stock valued at $2,743,000 after purchasing an additional 41,254 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Schneider National by 13.9% in the second quarter. Envestnet Asset Management Inc. now owns 565,407 shares of the company’s stock valued at $13,660,000 after purchasing an additional 69,197 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in 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 in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Schneider National by 14.4% in the second quarter. Mercer Global Advisors Inc. ADV now owns 78,229 shares of the company’s stock valued at $1,890,000 after purchasing an additional 9,856 shares in the last quarter. 28.54% of the stock is 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.