Schneider National (NYSE:SNDR) Given New $27.00 Price Target at Citigroup

Schneider National (NYSE:SNDR - Free Report) had its price objective boosted by Citigroup from $24.00 to $27.00 in a report released on Wednesday,Benzinga reports. They currently have a neutral rating on the stock.

Several other equities analysts have also recently commented on SNDR. Robert W. Baird initiated coverage on Schneider National in a report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 price target for the company. Wells Fargo & Company cut their price target on Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday, March 27th. Stifel Nicolaus cut their price target on Schneider National from $25.00 to $22.00 and set a "hold" rating for the company in a report on Friday, May 2nd. Bank of America upped their price target on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a report on Friday, May 16th. Finally, UBS Group lowered their price objective on Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Eight investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $27.29.

Schneider National Stock Performance

Schneider National stock traded up $0.28 during trading hours on Wednesday, hitting $26.12. The stock had a trading volume of 616,552 shares, compared to its average volume of 813,725. The company has a 50-day moving average of $24.02 and a two-hundred day moving average of $25.38. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.19. The company has a market cap of $4.58 billion, a PE ratio of 37.31, a price-to-earnings-growth ratio of 0.77 and a beta of 1.10. Schneider National has a fifty-two week low of $20.59 and a fifty-two week high of $33.90.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $1.40 billion during the quarter, compared to analysts' expectations of $1.43 billion. Schneider National had a return on equity of 4.37% and a net margin of 2.32%. The company's revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.11 EPS. On average, equities research analysts anticipate that Schneider National will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Friday, June 13th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.45%. Schneider National's dividend payout ratio (DPR) is presently 54.29%.

Institutional Investors Weigh In On Schneider National

A number of large investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its position in Schneider National by 0.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 822,060 shares of the company's stock valued at $24,070,000 after buying an additional 2,727 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Schneider National in the 4th quarter valued at $997,000. Raymond James Financial Inc. bought a new position in Schneider National in the 4th quarter valued at $5,349,000. Avantax Advisory Services Inc. boosted its position in Schneider National by 4.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 19,606 shares of the company's stock valued at $574,000 after buying an additional 910 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in Schneider National by 6.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 22,063 shares of the company's stock valued at $646,000 after buying an additional 1,424 shares during the last quarter. 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.