Brokerages Set Schneider National, Inc. (NYSE:SNDR) Price Target at $27.29

Shares of Schneider National, Inc. (NYSE:SNDR - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the fourteen ratings firms that are presently covering the firm, Marketbeat reports. Eight research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $27.29.

Several research firms have weighed in on SNDR. UBS Group dropped their price target 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. Benchmark dropped their price target on Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Stifel Nicolaus dropped their price target on Schneider National from $25.00 to $22.00 and set a "hold" rating for the company in a research report on Friday, May 2nd. Robert W. Baird started coverage on Schneider National in a research report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 price objective for the company. Finally, Wells Fargo & Company lowered their price objective on Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a research report on Thursday, March 27th.

Schneider National Price Performance

Schneider National stock traded down $0.18 during mid-day trading on Thursday, hitting $26.74. 231,598 shares of the company were exchanged, compared to its average volume of 813,617. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.90 and a quick ratio of 1.74. The business's 50 day simple moving average is $24.12 and its two-hundred day simple moving average is $25.37. The company has a market capitalization of $4.68 billion, a P/E ratio of 38.14, a PEG ratio of 0.78 and a beta of 1.10. Schneider National has a 12-month low of $20.59 and a 12-month high of $33.90.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.43 billion. Schneider National had a return on equity of 4.37% and a net margin of 2.32%. Schneider National's revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 earnings per share. Analysts forecast that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Friday, June 13th were given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend was Friday, June 13th. Schneider National's dividend payout ratio (DPR) is presently 54.29%.

Institutional Investors Weigh In On Schneider National

Institutional investors have recently added to or reduced their stakes in the company. WPG Advisers LLC purchased a new stake in Schneider National during the first quarter valued at about $25,000. KBC Group NV acquired a new position in shares of Schneider National during the first quarter worth about $28,000. Quarry LP acquired a new position in shares of Schneider National during the first quarter worth about $32,000. Huntington National Bank lifted its stake in shares of Schneider National by 237.9% during the fourth quarter. Huntington National Bank now owns 1,416 shares of the company's stock worth $41,000 after purchasing an additional 997 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of Schneider National during the fourth quarter worth about $48,000. Hedge funds and other institutional investors own 28.54% of the company's stock.

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.