Schneider National, Inc. (NYSE:SNDR) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Schneider National, Inc. has received an average rating of "Moderate Buy" from fourteen research firms, with the majority issuing hold ratings.
• The stock is currently trading at approximately $24.11, with a 12-month target price set by analysts averaging $27.29.
• The company declared a quarterly dividend of $0.095 per share, yielding 1.6%, which will be paid on October 9th.

Schneider National, Inc. (NYSE:SNDR - Get Free Report) has received an average recommendation of "Moderate Buy" from the fourteen brokerages that are presently covering the company, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $27.2857.

Several research firms recently commented on SNDR. Benchmark reduced their target price on shares of Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Stifel Nicolaus decreased their target price on shares of Schneider National from $25.00 to $22.00 and set a "hold" rating on the stock in a research note on Friday, May 2nd. UBS Group cut their price target on shares of Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Robert W. Baird started coverage on shares of Schneider National in a report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 price target on the stock. Finally, Baird R W raised shares of Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st.

Schneider National Price Performance

Shares of NYSE:SNDR traded down $0.50 during trading on Monday, reaching $24.34. The company had a trading volume of 334,083 shares, compared to its average volume of 809,378. The company has a fifty day moving average of $24.78 and a two-hundred day moving average of $24.82. The stock has a market capitalization of $4.26 billion, a P/E ratio of 34.86, a price-to-earnings-growth ratio of 0.78 and a beta of 1.11. Schneider National has a 12 month low of $20.59 and a 12 month high of $33.90. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.21 EPS for the quarter, hitting analysts' consensus estimates of $0.21. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the firm earned $0.21 EPS. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. Equities research analysts forecast that Schneider National will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 9th. Investors of record on Friday, September 12th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.6%. Schneider National's payout ratio is currently 54.29%.

Hedge Funds Weigh In On Schneider National

A number of large investors have recently made changes to their positions in the company. KLP Kapitalforvaltning AS bought a new stake in shares of Schneider National in the 4th quarter valued at about $349,000. LPL Financial LLC lifted its holdings in shares of Schneider National by 132.6% during the fourth quarter. LPL Financial LLC now owns 21,397 shares of the company's stock worth $627,000 after purchasing an additional 12,198 shares during the period. Vanguard Group Inc. increased its stake in shares of Schneider National by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company's stock worth $127,940,000 after acquiring an additional 172,418 shares during the period. JPMorgan Chase & Co. grew its position in Schneider National by 131.7% during the fourth quarter. JPMorgan Chase & Co. now owns 158,658 shares of the company's stock valued at $4,646,000 after buying an additional 90,173 shares during the period. Finally, Pictet Asset Management Holding SA purchased a new position in shares of Schneider National in the fourth quarter worth about $266,000. 28.54% of the stock is owned by hedge funds and other 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.