Brokerages Set Schneider National, Inc. (NYSE:SNDR) Target Price at $27.08

Schneider National, Inc. (NYSE:SNDR) has been given an average rating of “Hold” by the fourteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $27.08.

A number of research analysts recently issued reports on SNDR shares. JPMorgan Chase & Co. lifted their price target on Schneider National from $24.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Citigroup started coverage on shares of Schneider National in a research report on Wednesday, October 9th. They set a “neutral” rating and a $29.00 target price on the stock. Evercore ISI reduced their price target on shares of Schneider National from $28.00 to $27.00 and set an “in-line” rating for the company in a report on Thursday, October 3rd. Stifel Nicolaus downgraded shares of Schneider National from a “buy” rating to a “hold” rating and set a $25.00 price objective on the stock. in a report on Thursday, August 8th. Finally, Robert W. Baird upped their price objective on shares of Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd.

Schneider National Trading Up 4.7 %

NYSE:SNDR opened at $30.44 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. The company has a market capitalization of $5.33 billion, a P/E ratio of 45.88, a P/E/G ratio of 2.90 and a beta of 0.85. Schneider National has a 52 week low of $20.50 and a 52 week high of $30.90. The stock’s 50 day moving average price is $27.75 and its 200 day moving average price is $25.19.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be given a dividend of $0.095 per share. The ex-dividend date is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.25%. Schneider National’s dividend payout ratio is 58.46%.

Institutional Investors Weigh In On Schneider National

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Innealta Capital LLC bought a new stake in shares of Schneider National during the 2nd quarter worth approximately $53,000. DekaBank Deutsche Girozentrale bought a new stake in Schneider National during the third quarter worth $73,000. Hilltop National Bank lifted its stake in Schneider National by 28.5% in the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after acquiring an additional 676 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Schneider National in the 3rd quarter valued at about $109,000. Finally, Hills Bank & Trust Co acquired a new position in shares of Schneider National during the 3rd quarter worth about $112,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.

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.