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.
View Our Latest Analysis on Schneider National
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
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Get Free Report)
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.
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