Schneider National, Inc. (NYSE:SNDR) Given Consensus Recommendation of “Hold” by Analysts

Shares of Schneider National, Inc. (NYSE:SNDR) have earned a consensus rating of “Hold” from the thirteen research firms that are presently covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $28.21.

Several research analysts have recently weighed in on SNDR shares. Robert W. Baird cut their price target on Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, April 4th. Stifel Nicolaus increased their price target on Schneider National from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Wednesday, January 10th. Susquehanna cut their price target on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, March 25th. Benchmark reiterated a “buy” rating and set a $27.00 price target on shares of Schneider National in a research note on Friday. Finally, Evercore ISI cut Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price objective on the stock. in a report on Thursday, January 4th.

Schneider National Trading Up 0.1 %

Shares of Schneider National stock opened at $21.71 on Tuesday. The stock has a fifty day simple moving average of $22.96 and a 200 day simple moving average of $24.07. Schneider National has a 12-month low of $21.31 and a 12-month high of $31.74. The company has a market capitalization of $3.82 billion, a P/E ratio of 16.32, a price-to-earnings-growth ratio of 1.20 and a beta of 0.89. The company has a current ratio of 1.83, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.35 billion. Schneider National had a net margin of 4.34% and a return on equity of 8.23%. The firm’s revenue for the quarter was down 12.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 EPS. On average, sell-side analysts anticipate that Schneider National will post 1.15 earnings per share for the current fiscal year.

Schneider National Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 9th. Investors of record on Friday, March 8th were issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.75%. This is a boost from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date was Thursday, March 7th. Schneider National’s dividend payout ratio (DPR) is currently 28.57%.

Hedge Funds Weigh In On Schneider National

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wasatch Advisors Inc. bought a new stake in shares of Schneider National in the 1st quarter worth approximately $25,894,000. Earnest Partners LLC lifted its stake in shares of Schneider National by 429,550.9% in the 1st quarter. Earnest Partners LLC now owns 691,738 shares of the company’s stock valued at $17,639,000 after purchasing an additional 691,577 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Schneider National by 268.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 946,658 shares of the company’s stock valued at $7,132,000 after purchasing an additional 689,803 shares during the period. Norges Bank purchased a new position in Schneider National during the fourth quarter valued at $14,200,000. Finally, Copeland Capital Management LLC purchased a new position in Schneider National during the fourth quarter valued at $12,547,000. 28.54% of the stock is currently owned by institutional investors.

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.