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

Shares of Schneider National, Inc. (NYSE:SNDR - Get Free Report) have been assigned a consensus rating of "Hold" from the thirteen ratings firms that are presently covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $27.14.

SNDR has been the subject of several recent research reports. UBS Group reduced their price objective on Schneider National from $32.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Susquehanna decreased their price target on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a research note on Wednesday, March 26th. Citigroup raised shares of Schneider National from a "sell" rating to a "neutral" rating and cut their price objective for the stock from $25.00 to $23.00 in a research report on Tuesday, April 8th. Wells Fargo & Company reduced their target price on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday, March 27th. Finally, The Goldman Sachs Group upgraded shares of Schneider National from a "neutral" rating to a "buy" rating and lifted their price target for the company from $24.00 to $32.00 in a research note on Monday, June 2nd.

Schneider National Stock Performance

Shares of Schneider National stock opened at $24.04 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The firm has a 50 day simple moving average of $23.14 and a 200 day simple moving average of $26.17. Schneider National has a fifty-two week low of $20.59 and a fifty-two week high of $33.90. The firm has a market cap of $4.21 billion, a P/E ratio of 36.98, a P/E/G ratio of 0.54 and a beta of 1.10.

Schneider National (NYSE:SNDR - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the previous year, the company posted $0.11 earnings per share. The firm's quarterly revenue was up 6.3% on a year-over-year basis. Sell-side analysts predict that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Friday, June 13th will be issued a $0.095 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.58%. Schneider National's dividend payout ratio (DPR) is currently 54.29%.

Hedge Funds Weigh In On Schneider National

Institutional investors have recently added to or reduced their stakes in the stock. WPG Advisers LLC bought a new stake in Schneider National during the 1st quarter worth $25,000. KBC Group NV acquired a new position in shares of Schneider National in the first quarter valued at approximately $28,000. Quarry LP acquired a new stake in Schneider National during the 1st quarter worth approximately $32,000. Huntington National Bank grew its holdings in Schneider National by 237.9% during the 4th quarter. Huntington National Bank now owns 1,416 shares of the company's stock worth $41,000 after acquiring an additional 997 shares during the last quarter. Finally, SRS Capital Advisors Inc. increased its position in Schneider National by 74.5% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock valued at $42,000 after acquiring an additional 612 shares during the period. 28.54% of the stock is currently 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.

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