Schneider National, Inc. (NYSE:SNDR) Receives $30.85 Consensus Price Target from Brokerages

Schneider National, Inc. (NYSE:SNDR) has received a consensus rating of “Hold” from the fourteen brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $30.85.

Several research analysts have recently weighed in on SNDR shares. Benchmark boosted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Wednesday, November 27th. Citigroup lowered shares of Schneider National from a “neutral” rating to a “sell” rating and decreased their target price for the company from $32.00 to $30.00 in a research note on Tuesday, November 12th. Susquehanna raised their price target on Schneider National from $31.00 to $32.00 and gave the stock a “neutral” rating in a research note on Friday, January 31st. Wells Fargo & Company lifted their price objective on Schneider National from $31.00 to $32.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Finally, JPMorgan Chase & Co. lowered their target price on Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 31st.

Schneider National Stock Performance

Shares of SNDR opened at $24.35 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The stock has a market cap of $4.27 billion, a P/E ratio of 37.45, a P/E/G ratio of 0.54 and a beta of 0.87. The business’s 50 day moving average price is $28.27 and its 200-day moving average price is $28.83. Schneider National has a 52 week low of $20.50 and a 52 week high of $33.90.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period last year, the firm posted $0.16 earnings per share. Equities research analysts anticipate that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s payout ratio is 58.46%.

Insider Activity

In related news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the completion of the transaction, the insider now owns 95,191 shares in the company, valued at approximately $2,764,346.64. This trade represents a 9.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 32.68% of the company’s stock.

Institutional Investors Weigh In On Schneider National

Several institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after acquiring an additional 450 shares during the last quarter. Truist Financial Corp increased its stake in Schneider National by 0.6% in the fourth quarter. Truist Financial Corp now owns 88,613 shares of the company’s stock worth $2,595,000 after purchasing an additional 528 shares during the period. SRS Capital Advisors Inc. lifted its position in shares of 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 purchasing an additional 612 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Schneider National by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock worth $822,000 after purchasing an additional 710 shares during the last quarter. Finally, Captrust Financial Advisors boosted its stake in shares of Schneider National by 4.1% during the fourth quarter. Captrust Financial Advisors now owns 22,061 shares of the company’s stock valued at $646,000 after purchasing an additional 867 shares during the period. 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.