Schneider National, Inc. (NYSE:SNDR – Get Rating) – Equities research analysts at KeyCorp increased their Q1 2022 EPS estimates for shares of Schneider National in a report issued on Sunday, April 10th. KeyCorp analyst T. Fowler now forecasts that the company will post earnings of $0.53 per share for the quarter, up from their prior forecast of $0.50. KeyCorp has a “Overweight” rating and a $28.00 price objective on the stock. KeyCorp also issued estimates for Schneider National’s Q3 2022 earnings at $0.64 EPS, Q4 2022 earnings at $0.70 EPS and FY2022 earnings at $2.50 EPS.
Schneider National (NYSE:SNDR – Get Rating) last posted its quarterly earnings data on Thursday, February 3rd. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.65 by $0.11. The company had revenue of $1.57 billion during the quarter, compared to analyst estimates of $1.52 billion. Schneider National had a net margin of 7.23% and a return on equity of 18.06%. Schneider National’s quarterly revenue was up 24.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.44 earnings per share.
Shares of SNDR opened at $21.80 on Tuesday. The firm has a market capitalization of $3.87 billion, a P/E ratio of 9.56, a P/E/G ratio of 0.41 and a beta of 0.97. Schneider National has a 12-month low of $20.48 and a 12-month high of $27.50. The company has a current ratio of 1.81, a quick ratio of 1.77 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average price of $25.27 and a 200-day moving average price of $25.29.
Hedge funds have recently modified their holdings of the company. Metropolitan Life Insurance Co NY purchased a new stake in shares of Schneider National during the fourth quarter worth about $28,000. Point72 Hong Kong Ltd boosted its position in Schneider National by 8,681.7% in the third quarter. Point72 Hong Kong Ltd now owns 5,269 shares of the company’s stock valued at $120,000 after buying an additional 5,209 shares during the last quarter. Gladius Capital Management LP purchased a new stake in Schneider National in the fourth quarter valued at approximately $122,000. Signaturefd LLC boosted its position in Schneider National by 37.6% in the third quarter. Signaturefd LLC now owns 7,950 shares of the company’s stock valued at $181,000 after buying an additional 2,174 shares during the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new stake in Schneider National in the third quarter valued at approximately $201,000. Institutional investors and hedge funds own 26.94% of the company’s stock.
In other news, EVP David L. Geyer sold 16,000 shares of the business’s stock in a transaction dated Friday, April 1st. The stock was sold at an average price of $24.71, for a total transaction of $395,360.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Shaleen Devgun sold 11,748 shares of the business’s stock in a transaction dated Thursday, March 3rd. The stock was sold at an average price of $26.82, for a total value of $315,081.36. The disclosure for this sale can be found here. Insiders sold 59,748 shares of company stock valued at $1,536,681 over the last quarter. 32.97% of the stock is currently owned by corporate insiders.
The company also recently announced a quarterly dividend, which was paid on Friday, April 8th. Shareholders of record on Friday, March 11th were issued a $0.08 dividend. The ex-dividend date was Thursday, March 10th. This is an increase from Schneider National’s previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a yield of 1.47%. Schneider National’s payout ratio is currently 14.04%.
Schneider National Company Profile (Get Rating)
Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. The company operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers standard long-haul and regional shipping services primarily through dry van, bulk, temperature-controlled, and flat-bed equipment, as well as cross dock and customized solutions for time-sensitive loads.
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