Schneider National (NYSE:SNDR) Earns Buy Rating from Stifel Nicolaus

Stifel Nicolaus restated their buy rating on shares of Schneider National (NYSE:SNDR - Free Report) in a report released on Wednesday, Benzinga reports. They currently have a $25.00 price target on the stock.

Several other equities analysts also recently weighed in on the company. TD Cowen lowered their target price on Schneider National from $26.00 to $25.00 and set a buy rating on the stock in a research report on Friday, May 3rd. Bank of America lowered their price objective on Schneider National from $25.00 to $23.00 and set a neutral rating on the stock in a research report on Monday, April 15th. Stephens restated an equal weight rating and issued a $28.00 price objective on shares of Schneider National in a research report on Monday, February 5th. Benchmark restated a buy rating and issued a $27.00 price objective on shares of Schneider National in a research report on Friday, May 3rd. Finally, Susquehanna lowered their price objective on Schneider National from $27.00 to $25.00 and set a neutral rating on the stock in a research report on Monday, March 25th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Schneider National presently has an average rating of Hold and a consensus target price of $28.00.

Schneider National Price Performance

Shares of SNDR remained flat at $22.43 during trading hours on Wednesday. The company had a trading volume of 446,956 shares, compared to its average volume of 827,851. The company has a market cap of $3.94 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 1.93 and a beta of 0.91. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.44 and a quick ratio of 1.32. The firm has a 50 day moving average price of $22.05 and a two-hundred day moving average price of $23.30. Schneider National has a one year low of $20.50 and a one year high of $31.74.

Schneider National (NYSE:SNDR - Get Free Report) last released its earnings results on Thursday, May 2nd. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.02). The company had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.36 billion. Schneider National had a net margin of 2.95% and a return on equity of 5.55%. Schneider National's revenue for the quarter was down 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.55 earnings per share. As a group, analysts anticipate that Schneider National will post 0.93 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Stockholders of record on Friday, June 7th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.69%. Schneider National's dividend payout ratio is 43.18%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Bruce G. Allen Investments LLC purchased a new stake in shares of Schneider National in the fourth quarter valued at approximately $29,000. Winch Advisory Services LLC boosted its holdings in shares of Schneider National by 61.6% in the third quarter. Winch Advisory Services LLC now owns 1,320 shares of the company's stock valued at $37,000 after purchasing an additional 503 shares during the period. Quent Capital LLC boosted its holdings in shares of Schneider National by 64.0% in the fourth quarter. Quent Capital LLC now owns 1,815 shares of the company's stock valued at $46,000 after purchasing an additional 708 shares during the period. Principal Securities Inc. purchased a new stake in shares of Schneider National in the fourth quarter valued at approximately $48,000. Finally, Quest Partners LLC purchased a new stake in shares of Schneider National in the fourth quarter valued at approximately $102,000. Institutional investors own 28.54% of the company's stock.

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.