Schneider National (SNDR) Scheduled to Post Quarterly Earnings on Thursday

Schneider National (NYSE:SNDR) is set to issue its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Schneider National has set its FY24 guidance at $1.15-1.30 EPS and its FY 2024 guidance at 1.150-1.300 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, February 1st. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). The business had revenue of $1.37 billion for the quarter, compared to analyst estimates 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 period last year, the firm earned $0.64 EPS. On average, analysts expect Schneider National to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Schneider National Price Performance

Shares of NYSE SNDR opened at $21.07 on Thursday. The business’s 50 day moving average price is $22.52 and its two-hundred day moving average price is $23.80. The company has a market cap of $3.71 billion, a PE ratio of 15.84, a price-to-earnings-growth ratio of 1.41 and a beta of 0.89. The company has a quick ratio of 1.64, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. Schneider National has a twelve month low of $20.50 and a twelve month high of $31.74.

Schneider National Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Friday, March 8th were given a $0.095 dividend. This is an increase from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date was Thursday, March 7th. This represents a $0.38 annualized dividend and a dividend yield of 1.80%. Schneider National’s dividend payout ratio is presently 28.57%.

Analyst Ratings Changes

Several equities analysts have recently commented on SNDR shares. Robert W. Baird decreased their target price on Schneider National from $29.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, April 4th. TD Cowen decreased their target price on Schneider National from $28.00 to $26.00 and set an “outperform” rating on the stock in a research report on Friday, February 2nd. Stephens reiterated an “equal weight” rating and issued a $28.00 price target on shares of Schneider National in a research note on Monday, February 5th. Evercore ISI cut 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. Finally, Bank of America cut their price target on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, April 15th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $28.07.

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.