Schneider National, Inc. (NYSE:SNDR) Receives $28.21 Average PT from Brokerages

Schneider National, Inc. (NYSE:SNDR) has been assigned an average rating of “Hold” from the thirteen analysts that are covering the company, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $28.07.

SNDR has been the topic of a number of research analyst reports. Robert W. Baird lowered their price objective on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, April 4th. Bank of America dropped their price target on Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research note on Monday. Benchmark reiterated a “buy” rating and set a $27.00 price objective on shares of Schneider National in a research report on Friday, April 12th. Susquehanna dropped their target price on Schneider National from $27.00 to $25.00 and set a “neutral” rating on the stock in a research report on Monday, March 25th. Finally, Evercore ISI downgraded Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price target for the company. in a research note on Thursday, January 4th.

Schneider National Stock Performance

Shares of SNDR opened at $20.72 on Tuesday. The company has a market cap of $3.65 billion, a price-to-earnings ratio of 15.58, a P/E/G ratio of 1.39 and a beta of 0.89. The business’s fifty day simple moving average is $22.77 and its two-hundred day simple moving average is $23.98. Schneider National has a 12 month low of $20.50 and a 12 month high of $31.74. The company has a current ratio of 1.83, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.05). The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.35 billion. Schneider National had a return on equity of 8.23% and a net margin of 4.34%. Schneider National’s quarterly revenue was down 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.64 earnings per share. Research analysts anticipate that Schneider National will post 1.13 earnings per share for the current fiscal year.

Schneider National Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Investors of record on Friday, March 8th were paid a dividend of $0.095 per share. This is a boost from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.83%. Schneider National’s payout ratio is 28.57%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SNDR. Vanguard Group Inc. increased its holdings in Schneider National by 5.4% in the 1st quarter. Vanguard Group Inc. now owns 4,816,076 shares of the company’s stock valued at $122,810,000 after acquiring an additional 244,894 shares during the last quarter. BlackRock Inc. increased its stake in Schneider National by 3.0% in the 3rd quarter. BlackRock Inc. now owns 4,280,609 shares of the company’s stock worth $86,896,000 after acquiring an additional 124,043 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Schneider National by 4.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,405,619 shares of the company’s stock valued at $86,675,000 after purchasing an additional 130,426 shares in the last quarter. AQR Capital Management LLC increased its position in Schneider National by 8.2% in the fourth quarter. AQR Capital Management LLC now owns 3,008,023 shares of the company’s stock worth $70,388,000 after purchasing an additional 227,164 shares during the last quarter. Finally, Morgan Stanley raised its stake in Schneider National by 14.3% during the fourth quarter. Morgan Stanley now owns 2,379,638 shares of the company’s stock valued at $55,684,000 after purchasing an additional 297,850 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

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.