Schneider National, Inc. (NYSE:SNDR) Receives $29.08 Consensus Price Target from Analysts

Schneider National, Inc. (NYSE:SNDR) has been given an average rating of “Hold” by the fourteen brokerages that are presently covering the firm, MarketBeat Ratings 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 12-month price target among brokers that have issued a report on the stock in the last year is $29.08.

A number of research analysts recently commented on the company. JPMorgan Chase & Co. cut their target price on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. The Goldman Sachs Group dropped their price objective on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. 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 report on Tuesday, November 12th. Susquehanna dropped their price target on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Finally, Evercore ISI decreased their price objective on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a report on Thursday, November 7th.

Schneider National Price Performance

Shares of Schneider National stock opened at $29.36 on Friday. 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 company has a market cap of $5.14 billion, a PE ratio of 47.35, a price-to-earnings-growth ratio of 3.24 and a beta of 0.89. The firm has a fifty day moving average price of $30.32 and a two-hundred day moving average price of $27.47. Schneider National has a fifty-two week low of $20.50 and a fifty-two week high of $33.90.

Schneider National (NYSE:SNDR) last released its earnings results 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 net margin of 2.10% and a return on equity of 3.92%. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. Analysts expect that Schneider National will post 0.7 EPS for the current year.

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be issued a $0.095 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.29%. Schneider National’s dividend payout ratio is 61.29%.

Insider Buying and Selling

In related news, EVP Thomas G. Jackson sold 18,248 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total value of $603,461.36. Following the completion of the transaction, the executive vice president now owns 66,526 shares in the company, valued at $2,200,014.82. The trade was a 21.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction on Wednesday, November 27th. The shares were 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 $8,833,959.70. The trade was a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 56,555 shares of company stock worth $1,862,611 in the last 90 days. Corporate insiders own 18.83% of the company’s stock.

Institutional Trading of Schneider National

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SNDR. Principal Financial Group Inc. bought a new position in Schneider National in the third quarter valued at approximately $6,327,000. Franklin Resources Inc. lifted its stake in shares of Schneider National by 13.6% in the 3rd quarter. Franklin Resources Inc. now owns 21,734 shares of the company’s stock valued at $603,000 after purchasing an additional 2,594 shares during the period. Geode Capital Management LLC boosted its position in shares of Schneider National by 18.4% in the 3rd quarter. Geode Capital Management LLC now owns 746,272 shares of the company’s stock worth $21,305,000 after purchasing an additional 115,814 shares during the last quarter. MML Investors Services LLC boosted its position in shares of Schneider National by 12.9% in the 3rd quarter. MML Investors Services LLC now owns 26,987 shares of the company’s stock worth $770,000 after purchasing an additional 3,093 shares during the last quarter. Finally, Orion Portfolio Solutions LLC grew its stake in shares of Schneider National by 52.1% during the third quarter. Orion Portfolio Solutions LLC now owns 55,207 shares of the company’s stock worth $1,576,000 after purchasing an additional 18,908 shares during the period. 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.