Schneider National (NYSE:SNDR) Price Target Increased to $29.00 by Analysts at Susquehanna

Schneider National (NYSE:SNDR) had its target price boosted by Susquehanna from $25.00 to $29.00 in a research report sent to investors on Thursday, Benzinga reports. The firm currently has a neutral rating on the stock.

SNDR has been the subject of a number of other research reports. Robert W. Baird increased their target price on shares of Schneider National from $26.00 to $30.00 and gave the stock an outperform rating in a research report on Friday, August 2nd. Wells Fargo & Company assumed coverage on Schneider National in a research report on Friday, June 7th. They set an equal weight rating and a $23.00 price objective for the company. UBS Group upped their target price on Schneider National from $26.00 to $28.00 and gave the stock a buy rating in a research report on Tuesday, July 9th. Stifel Nicolaus lowered Schneider National from a buy rating to a hold rating and set a $25.00 price target for the company. in a report on Thursday, August 8th. Finally, Benchmark increased their price objective on Schneider National from $27.00 to $30.00 and gave the stock a buy rating in a report on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of Hold and a consensus price target of $27.31.

Schneider National Trading Up 1.0 %

Schneider National stock opened at $28.35 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 32.22, a price-to-earnings-growth ratio of 2.61 and a beta of 0.85. Schneider National has a 1 year low of $20.50 and a 1 year high of $28.97. The firm’s 50 day moving average price is $27.08 and its two-hundred day moving average price is $24.07.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.03. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The firm’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.45 earnings per share. On average, research analysts predict that Schneider National will post 0.85 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 8th. Shareholders of record on Friday, September 13th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.34%. The ex-dividend date is Friday, September 13th. Schneider National’s dividend payout ratio (DPR) is presently 43.18%.

Insider Buying and Selling at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the business’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $27.60, for a total value of $276,000.00. Following the sale, the insider now owns 55,726 shares of the company’s stock, valued at approximately $1,538,037.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 32.68% of the company’s stock.

Institutional Investors Weigh In On Schneider National

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Schneider National by 10.6% in the 1st quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock valued at $91,964,000 after buying an additional 388,913 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Schneider National by 6.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,013,001 shares of the company’s stock worth $96,953,000 after purchasing an additional 228,661 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of Schneider National by 1.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,865,726 shares of the company’s stock worth $69,236,000 after purchasing an additional 30,113 shares during the last quarter. Earnest Partners LLC grew its holdings in shares of Schneider National by 25.5% in the 2nd quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock worth $52,334,000 after purchasing an additional 440,545 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Schneider National by 10.9% in the 2nd quarter. American Century Companies Inc. now owns 1,906,179 shares of the company’s stock worth $46,053,000 after purchasing an additional 186,857 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

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.