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 been assigned a consensus recommendation of "Moderate Buy" from the fourteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $27.2857.

Several analysts have recently issued reports on the company. Bank of America increased their price objective on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a research note on Friday, May 16th. Robert W. Baird began coverage on Schneider National in a research report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 price target on the stock. Evercore ISI lowered their price objective on Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a research report on Friday, May 2nd. Baird R W upgraded shares of Schneider National to a "strong-buy" rating in a research note on Tuesday, July 1st. Finally, Stifel Nicolaus reduced their target price on shares of Schneider National from $25.00 to $22.00 and set a "hold" rating on the stock in a report on Friday, May 2nd.

Schneider National Trading Up 1.3%

SNDR traded up $0.31 on Monday, hitting $24.40. The company had a trading volume of 777,462 shares, compared to its average volume of 839,102. The company's fifty day moving average price is $24.72 and its 200 day moving average price is $24.82. Schneider National has a 1 year low of $20.59 and a 1 year 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. The firm has a market cap of $4.27 billion, a P/E ratio of 34.86, a PEG ratio of 0.74 and a beta of 1.11.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%. The company's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.21 EPS. As a group, equities analysts expect that Schneider National will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Friday, September 12th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.38 annualized dividend and a dividend yield of 1.6%. Schneider National's dividend payout ratio (DPR) is presently 54.29%.

Institutional Investors Weigh In On Schneider National

Several large investors have recently modified their holdings of SNDR. First Trust Advisors LP increased its holdings in shares of Schneider National by 87.8% in the 4th quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock valued at $64,429,000 after acquiring an additional 1,028,789 shares during the period. Jones Financial Companies Lllp increased its stake in Schneider National by 2,481,000.0% in the first quarter. Jones Financial Companies Lllp now owns 645,086 shares of the company's stock valued at $14,740,000 after purchasing an additional 645,060 shares during the period. Millennium Management LLC purchased a new stake in shares of Schneider National in the first quarter valued at about $7,477,000. Balyasny Asset Management L.P. boosted its stake in shares of Schneider National by 4,324.1% during the fourth quarter. Balyasny Asset Management L.P. now owns 312,562 shares of the company's stock worth $9,152,000 after buying an additional 305,497 shares during the period. Finally, Woodline Partners LP purchased a new position in shares of Schneider National during the fourth quarter worth about $8,453,000. 28.54% of the stock is owned by institutional investors and hedge funds.

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.