Schneider National (NYSE:SNDR) Upgraded by Stifel Nicolaus to Buy Rating

Stifel Nicolaus upgraded shares of Schneider National (NYSE:SNDR) from a hold rating to a buy rating in a research note issued to investors on Friday morning, MarketBeat Ratings reports. The firm currently has $25.00 target price on the stock, down from their previous target price of $26.00.

Other equities research analysts have also recently issued research reports about the stock. Susquehanna cut their price objective on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. Erste Group Bank raised shares of Schneider National from a “hold” rating to a “buy” rating in a report on Thursday, September 11th. Evercore ISI reduced their price target on shares of Schneider National from $24.00 to $22.00 and set an “in-line” rating on the stock in a research report on Tuesday. Robert W. Baird assumed coverage on shares of Schneider National in a research report on Tuesday, July 1st. They set an “outperform” rating and a $28.00 price objective for the company. Finally, UBS Group cut Schneider National from a “buy” rating to a “neutral” rating and upped their target price for the stock from $25.00 to $26.00 in a research note on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $27.36.

Schneider National Trading Up 3.2%

Shares of SNDR stock opened at $21.76 on Friday. The stock has a market cap of $3.81 billion, a P/E ratio of 31.08, a price-to-earnings-growth ratio of 0.67 and a beta of 1.06. Schneider National has a 1 year low of $20.59 and a 1 year high of $33.90. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The stock has a 50 day simple moving average of $23.82 and a 200 day simple moving average of $23.74.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 EPS. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. On average, research analysts predict that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Shareholders of record on Friday, September 12th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, September 12th. Schneider National’s payout ratio is presently 54.29%.

Insider Activity

In other news, EVP Thomas G. Jackson sold 36,596 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total value of $891,478.56. Following the completion of the transaction, the executive vice president directly owned 72,870 shares in the company, valued at approximately $1,775,113.20. This represents a 33.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 32.68% of the company’s stock.

Hedge Funds Weigh In On Schneider National

Several large investors have recently bought and sold shares of SNDR. GAMMA Investing LLC increased its stake in shares of Schneider National by 1,128.3% in the first quarter. GAMMA Investing LLC now owns 16,041 shares of the company’s stock valued at $367,000 after buying an additional 14,735 shares during the period. NorthCrest Asset Manangement LLC acquired a new position in Schneider National in the 1st quarter valued at approximately $257,000. Wealth Enhancement Advisory Services LLC increased its position in Schneider National by 9.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company’s stock valued at $408,000 after acquiring an additional 1,474 shares during the period. QRG Capital Management Inc. raised its stake in shares of Schneider National by 1.1% during the first quarter. QRG Capital Management Inc. now owns 139,500 shares of the company’s stock valued at $3,188,000 after acquiring an additional 1,473 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its holdings in shares of Schneider National by 2.9% during the first quarter. Oppenheimer Asset Management Inc. now owns 121,172 shares of the company’s stock worth $2,769,000 after purchasing an additional 3,451 shares during the period. 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.