Stifel Nicolaus Trims Schneider National (NYSE:SNDR) Target Price to $25.00

Schneider National (NYSE:SNDR - Free Report) had its target price trimmed by Stifel Nicolaus from $27.00 to $25.00 in a research report sent to investors on Thursday morning, Benzinga reports. The firm currently has a buy rating on the stock.

SNDR has been the subject of a number of other reports. Bank of America dropped their price target on Schneider National from $25.00 to $23.00 and set a neutral rating for the company in a research note on Monday. TD Cowen decreased their price target on Schneider National from $28.00 to $26.00 and set an outperform rating for the company in a report on Friday, February 2nd. Susquehanna decreased their price target on Schneider National from $27.00 to $25.00 and set a neutral rating for the company in a report on Monday, March 25th. Evercore ISI downgraded Schneider National from an outperform rating to an inline rating and set a $25.00 price target for the company. in a report on Thursday, January 4th. Finally, Benchmark reiterated a buy rating and set a $27.00 price target on shares of Schneider National in a report on Friday, April 12th. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of Hold and a consensus target price of $28.07.

Schneider National Price Performance

NYSE SNDR traded up $0.07 on Thursday, hitting $20.72. 827,337 shares of the company's stock were exchanged, compared to its average volume of 837,300. The stock has a 50-day moving average of $22.84 and a 200-day moving average of $24.00. The company has a current ratio of 1.83, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. Schneider National has a 52 week low of $20.50 and a 52 week high of $31.74. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of 15.54, a P/E/G ratio of 1.39 and a beta of 0.89.

Schneider National (NYSE:SNDR - Get Free Report) last released its earnings results on Thursday, February 1st. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.05). Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The business had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the previous year, the company earned $0.64 earnings per share. The firm's revenue for the quarter was down 12.2% on a year-over-year basis. Analysts expect that Schneider National will post 1.13 earnings per share for the current year.

Schneider National Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Investors of record on Friday, March 8th were given a $0.095 dividend. This is a boost from Schneider National's previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.38 annualized dividend and a yield of 1.83%. Schneider National's dividend payout ratio (DPR) is presently 28.57%.

Hedge Funds Weigh In On Schneider National

Several large investors have recently added to or reduced their stakes in the business. Wasatch Advisors Inc. bought a new position in shares of Schneider National during the 1st quarter worth approximately $25,894,000. Earnest Partners LLC lifted its position in shares of Schneider National by 429,550.9% during the 1st quarter. Earnest Partners LLC now owns 691,738 shares of the company's stock worth $17,639,000 after buying an additional 691,577 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Schneider National by 268.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 946,658 shares of the company's stock worth $7,132,000 after buying an additional 689,803 shares in the last quarter. Norges Bank bought a new position in shares of Schneider National during the 4th quarter worth approximately $14,200,000. Finally, Copeland Capital Management LLC bought a new position in shares of Schneider National during the 4th quarter worth approximately $12,547,000. 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.