Schneider National, Inc. (NYSE:SNDR) Receives $27.29 Consensus Target Price from Brokerages

Shares of Schneider National, Inc. (NYSE:SNDR - Get Free Report) have earned an average rating of "Moderate Buy" from the fourteen research firms that are presently covering the company, Marketbeat reports. Eight investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $27.29.

A number of research firms have weighed in on SNDR. Benchmark lowered their target price on Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a report on Monday, April 14th. UBS Group lowered their target price on Schneider National from $32.00 to $25.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Bank of America upped their target price on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. The Goldman Sachs Group upgraded Schneider National from a "neutral" rating to a "buy" rating and upped their target price for the stock from $24.00 to $32.00 in a report on Monday, June 2nd. Finally, National Bankshares set a $25.00 price objective on Schneider National in a report on Friday, March 28th.

Schneider National Trading Down 0.2%

NYSE:SNDR traded down $0.06 during midday trading on Thursday, hitting $26.86. The stock had a trading volume of 1,408,230 shares, compared to its average volume of 820,661. Schneider National has a one year low of $20.59 and a one year high of $33.90. The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 38.37, a PEG ratio of 0.81 and a beta of 1.10. The stock has a 50-day moving average of $24.20 and a 200 day moving average of $25.32. The company has a quick ratio of 1.74, a current ratio of 1.90 and a debt-to-equity ratio of 0.19.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. Schneider National had a return on equity of 4.37% and a net margin of 2.32%. The company had revenue of $1.40 billion for the quarter, compared to analysts' expectations of $1.43 billion. During the same quarter in the prior year, the firm earned $0.11 earnings per share. Schneider National's revenue was up 6.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Schneider National will post 1.12 EPS for the current year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Stockholders of record on Friday, June 13th were issued a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.41%. Schneider National's dividend payout ratio is presently 54.29%.

Hedge Funds Weigh In On Schneider National

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its stake in Schneider National by 13.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 20,165 shares of the company's stock worth $517,000 after acquiring an additional 2,322 shares during the last quarter. Kera Capital Partners Inc. purchased a new position in Schneider National in the 2nd quarter worth $308,000. Strs Ohio purchased a new position in Schneider National in the 1st quarter worth $2,422,000. Jane Street Group LLC raised its stake in Schneider National by 120.5% in the 1st quarter. Jane Street Group LLC now owns 90,616 shares of the company's stock worth $2,071,000 after acquiring an additional 49,511 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Schneider National by 18.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 178,433 shares of the company's stock worth $4,077,000 after acquiring an additional 27,180 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company's stock.

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.