Schneider National, Inc. (NYSE:SNDR) Receives $28.77 Consensus Price Target from Analysts

Schneider National, Inc. (NYSE:SNDR) has been given a consensus recommendation of “Hold” by the fourteen ratings firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $29.08.

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group reduced their target price on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. Bank of America raised their price target on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday. Stifel Nicolaus boosted their target price on shares of Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Benchmark increased their price target on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Susquehanna lowered their target price on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, November 7th.

Schneider National Price Performance

Schneider National stock opened at $33.63 on Wednesday. The firm has a market cap of $5.89 billion, a PE ratio of 54.24, a price-to-earnings-growth ratio of 2.84 and a beta of 0.85. 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 stock’s fifty day moving average price is $29.15 and its two-hundred day moving average price is $26.30. Schneider National has a one year low of $20.50 and a one year high of $33.90.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. As a group, research analysts expect that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Institutional Trading of Schneider National

Several hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. bought a new position in Schneider National in the third quarter worth approximately $6,327,000. Louisiana State Employees Retirement System bought a new stake in Schneider National during the 3rd quarter valued at $648,000. Tidal Investments LLC acquired a new position in Schneider National during the first quarter worth $468,000. GSA Capital Partners LLP bought a new position in shares of Schneider National in the third quarter valued at $713,000. Finally, Quadrature Capital Ltd bought a new stake in shares of Schneider National during the first quarter worth about $489,000. 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.