Schneider National (NYSE:SNDR) Price Target Cut to $27.00

Schneider National (NYSE:SNDR - Free Report) had its price target trimmed by Robert W. Baird from $29.00 to $27.00 in a research report sent to investors on Thursday, MarketBeat.com reports. The brokerage currently has an outperform rating on the stock.

A number of other equities research analysts also recently weighed in on SNDR. Stifel Nicolaus raised their target price on Schneider National from $26.00 to $27.00 and gave the company a buy rating in a report on Wednesday, January 10th. Evercore ISI downgraded Schneider National from an outperform rating to an inline rating and set a $25.00 target price on the stock. in a report on Thursday, January 4th. Wells Fargo & Company raised Schneider National from an underweight rating to an equal weight rating and raised their target price for the company from $23.00 to $25.00 in a report on Thursday, December 7th. Susquehanna reduced their target price on Schneider National from $27.00 to $25.00 and set a neutral rating on the stock in a report on Monday, March 25th. Finally, Stephens reaffirmed an equal weight rating and issued a $28.00 target price on shares of Schneider National in a report on Monday, February 5th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of Hold and an average target price of $28.79.

Schneider National Stock Performance

Shares of Schneider National stock traded down $0.07 on Thursday, hitting $22.30. The stock had a trading volume of 701,402 shares, compared to its average volume of 844,992. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 1.20 and a beta of 0.89. Schneider National has a twelve month low of $21.31 and a twelve month high of $31.74. The company has a quick ratio of 1.64, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. The business's 50 day moving average is $23.33 and its two-hundred day moving average is $24.41.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.05). The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.35 billion. Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The company's quarterly revenue was down 12.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.64 EPS. Analysts forecast that Schneider National will post 1.19 EPS for the current year.

Schneider National Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 9th. Investors of record on Friday, March 8th will be given a dividend of $0.095 per share. This is a positive change from Schneider National's previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Thursday, March 7th. Schneider National's dividend payout ratio (DPR) is currently 28.57%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. UBS Group AG raised its position in Schneider National by 360.1% during the 3rd quarter. UBS Group AG now owns 202,486 shares of the company's stock worth $5,607,000 after purchasing an additional 158,474 shares during the last quarter. Copeland Capital Management LLC bought a new position in shares of Schneider National in the 4th quarter worth about $12,547,000. QRG Capital Management Inc. acquired a new position in shares of Schneider National in the 3rd quarter valued at about $2,615,000. Invesco Ltd. lifted its stake in shares of Schneider National by 33.5% in the 3rd quarter. Invesco Ltd. now owns 228,063 shares of the company's stock valued at $6,315,000 after purchasing an additional 57,183 shares during the period. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of Schneider National during the 3rd quarter valued at about $314,000. 28.54% of the stock is owned by institutional investors.

About Schneider National

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.