Schneider National, Inc. (NYSE:SNDR) Receives $29.15 Consensus Price Target from Brokerages

Shares of Schneider National, Inc. (NYSE:SNDR) have been assigned an average recommendation of “Hold” from the fourteen ratings firms that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $29.15.

A number of equities analysts recently issued reports on the company. TD Cowen upped their price target on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. dropped their price objective on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Stifel Nicolaus lifted their target price on Schneider National from $27.00 to $28.00 and gave the stock a “hold” rating in a research report on Wednesday, January 15th. Bank of America upped their target price on Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Finally, Evercore ISI cut their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research report on Thursday, November 7th.

Schneider National Price Performance

Shares of SNDR opened at $29.74 on Thursday. The firm has a market capitalization of $5.21 billion, a price-to-earnings ratio of 47.97, a PEG ratio of 1.76 and a beta of 0.93. The firm’s fifty day simple moving average is $30.57 and its 200-day simple moving average is $28.35. Schneider National has a twelve month low of $20.50 and a twelve month high of $33.90. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last posted its earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. Equities analysts forecast that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th were given a dividend of $0.095 per share. The ex-dividend date was Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.28%. Schneider National’s payout ratio is currently 61.29%.

Insider Activity

In other Schneider National news, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total value of $1,061,086.70. Following the completion of the transaction, the chief operating officer now owns 266,887 shares in the company, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total transaction of $198,062.50. Following the sale, the chief accounting officer now owns 155,366 shares in the company, valued at $4,923,548.54. The trade was a 3.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 66,555 shares of company stock valued at $2,153,011 over the last quarter. Corporate insiders own 32.68% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SNDR. Dimensional Fund Advisors LP raised its stake in shares of Schneider National by 6.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,013,001 shares of the company’s stock worth $96,953,000 after buying an additional 228,661 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in Schneider National by 1.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,914,631 shares of the company’s stock valued at $83,184,000 after acquiring an additional 48,905 shares in the last quarter. Earnest Partners LLC raised its position in Schneider National by 25.5% during the second quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock worth $52,334,000 after acquiring an additional 440,545 shares during the last quarter. State Street Corp lifted its holdings in shares of Schneider National by 75.4% in the third quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after purchasing an additional 743,800 shares in the last quarter. Finally, Copeland Capital Management LLC grew its position in shares of Schneider National by 0.3% in the third quarter. Copeland Capital Management LLC now owns 1,584,178 shares of the company’s stock valued at $45,212,000 after purchasing an additional 4,458 shares during the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

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.