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

Shares of Schneider National, Inc. (NYSE:SNDR) have been assigned a consensus rating of “Hold” from the fifteen analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $27.87.

A number of equities research analysts have recently commented on the stock. Raymond James assumed coverage on shares of Schneider National in a report on Wednesday, May 15th. They set a “market perform” rating on the stock. Benchmark reiterated a “buy” rating and set a $27.00 price target on shares of Schneider National in a report on Tuesday, July 2nd. Bank of America downgraded shares of Schneider National from a “neutral” rating to an “underperform” rating and set a $23.00 price objective on the stock. in a research report on Monday, July 22nd. Stifel Nicolaus restated a “buy” rating and set a $25.00 price objective on shares of Schneider National in a research report on Wednesday, May 15th. Finally, 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.

Schneider National Price Performance

SNDR stock opened at $26.27 on Thursday. Schneider National has a 1 year low of $20.50 and a 1 year high of $31.74. The company has a market cap of $4.61 billion, a P/E ratio of 29.85, a PEG ratio of 2.41 and a beta of 0.85. The firm has a 50-day moving average of $23.27 and a 200 day moving average of $23.03. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.44 and a quick ratio of 1.32.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Schneider National had a return on equity of 5.55% and a net margin of 2.95%. Schneider National’s revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 EPS. On average, sell-side analysts forecast that Schneider National will post 0.86 EPS for the current year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Friday, June 7th were given a $0.095 dividend. The ex-dividend date was Friday, June 7th. This represents a $0.38 annualized dividend and a yield of 1.45%. Schneider National’s payout ratio is presently 43.18%.

Institutional Trading of Schneider National

Several institutional investors and hedge funds have recently modified their holdings of the company. Truist Financial Corp raised its position in shares of Schneider National by 0.5% during the 4th quarter. Truist Financial Corp now owns 112,991 shares of the company’s stock valued at $2,876,000 after purchasing an additional 568 shares during the period. CANADA LIFE ASSURANCE Co raised its position in shares of Schneider National by 3.2% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock valued at $451,000 after purchasing an additional 618 shares during the period. Alaska Permanent Fund Corp raised its position in shares of Schneider National by 0.5% during the 4th quarter. Alaska Permanent Fund Corp now owns 117,814 shares of the company’s stock valued at $2,998,000 after purchasing an additional 619 shares during the period. Hilltop National Bank raised its position in shares of Schneider National by 28.5% during the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after purchasing an additional 676 shares during the period. Finally, Quent Capital LLC raised its position in shares of Schneider National by 64.0% during the 4th quarter. Quent Capital LLC now owns 1,815 shares of the company’s stock valued at $46,000 after purchasing an additional 708 shares during the period. 28.54% of the stock is currently owned by 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.