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

Schneider National, Inc. (NYSE:SNDR - Get Free Report) has earned an average rating of "Hold" from the thirteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Nine analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $26.50.

A number of brokerages have recently issued reports on SNDR. The Goldman Sachs Group dropped their price objective on Schneider National from $28.00 to $23.00 and set a "neutral" rating on the stock in a research note on Thursday, April 10th. Stephens reaffirmed an "equal weight" rating and set a $30.00 price target (down from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Citigroup upgraded shares of Schneider National from a "sell" rating to a "neutral" rating and cut their price target for the company from $25.00 to $23.00 in a research note on Tuesday, April 8th. Susquehanna lowered their price objective on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 26th. Finally, Benchmark dropped 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.

Schneider National Stock Down 1.2%

NYSE:SNDR traded down $0.28 on Wednesday, hitting $23.26. 647,702 shares of the company's stock were exchanged, compared to its average volume of 819,970. The firm has a 50-day moving average price of $22.82 and a 200-day moving average price of $26.88. Schneider National has a 52 week low of $20.59 and a 52 week high of $33.90. 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 company has a market cap of $4.07 billion, a P/E ratio of 35.78, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11.

Schneider National (NYSE:SNDR - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.16 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the previous year, the business earned $0.11 earnings per share. Schneider National's quarterly revenue was up 6.3% on a year-over-year basis. As a group, analysts expect that Schneider National will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Friday, June 13th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, June 13th. Schneider National's payout ratio is 54.29%.

Institutional Trading of Schneider National

Hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in Schneider National by 8.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,646 shares of the company's stock valued at $129,000 after buying an additional 448 shares in the last quarter. Truist Financial Corp grew its stake in shares of Schneider National by 0.6% in the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company's stock valued at $2,595,000 after acquiring an additional 528 shares in the last quarter. SRS Capital Advisors Inc. increased its position in Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock worth $42,000 after acquiring an additional 612 shares during the period. Exchange Traded Concepts LLC raised its stake in Schneider National by 2.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company's stock worth $822,000 after purchasing an additional 710 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in Schneider National by 4.1% in the 4th quarter. Captrust Financial Advisors now owns 22,061 shares of the company's stock worth $646,000 after purchasing an additional 867 shares in the last quarter. 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.