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

Schneider National, Inc. (NYSE:SNDR) has been given a consensus recommendation of “Hold” by the fourteen analysts that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $30.85.

A number of brokerages have recently issued reports on SNDR. Bank of America increased their price objective on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Stephens reissued an “equal weight” rating and issued a $30.00 price target (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Evercore ISI decreased their price objective 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. TD Cowen upped their price objective on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Stifel Nicolaus raised their target price on Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd.

Insider Buying and Selling

In other news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction on Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the completion of the sale, the insider now directly owns 95,191 shares of the company’s stock, valued at approximately $2,764,346.64. This trade represents a 9.51 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 32.68% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Schneider National

Several large investors have recently made changes to their positions in the company. GAMMA Investing LLC increased its position in Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after purchasing an additional 450 shares during the period. Huntington National Bank grew its position in shares of Schneider National by 237.9% during the 4th quarter. Huntington National Bank now owns 1,416 shares of the company’s stock worth $41,000 after buying an additional 997 shares during the period. SRS Capital Advisors Inc. grew its position in shares of Schneider National by 74.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock worth $42,000 after buying an additional 612 shares during the period. Blue Trust Inc. raised its stake in shares of Schneider National by 489.1% during the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after buying an additional 1,350 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in Schneider National in the fourth quarter valued at approximately $48,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Trading Down 0.3 %

Schneider National stock opened at $25.26 on Friday. The business has a 50 day moving average price of $28.61 and a two-hundred day moving average price of $28.87. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. Schneider National has a 12 month low of $20.50 and a 12 month high of $33.90. The stock has a market cap of $4.43 billion, a price-to-earnings ratio of 38.85, a price-to-earnings-growth ratio of 0.54 and a beta of 0.93.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period last year, the business earned $0.16 earnings per share. As a group, equities analysts forecast that Schneider National will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.50%. Schneider National’s dividend payout ratio (DPR) is currently 58.46%.

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.