Schneider National (NYSE:SNDR) Price Target Cut to $25.00 by Analysts at Citigroup

Schneider National (NYSE:SNDR) had its target price cut by Citigroup from $27.00 to $25.00 in a research note published on Monday,Benzinga reports. They currently have a neutral rating on the stock.

Several other analysts also recently issued reports on SNDR. Susquehanna reduced their price target on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, September 24th. Stifel Nicolaus raised shares of Schneider National from a “hold” rating to a “buy” rating and reduced their price target for the company from $26.00 to $25.00 in a report on Friday, October 3rd. Baird R W raised shares of Schneider National to a “strong-buy” rating in a report on Tuesday, July 1st. UBS Group downgraded shares of Schneider National from a “buy” rating to a “neutral” rating and upped their price target for the company from $25.00 to $26.00 in a report on Friday, September 5th. Finally, Robert W. Baird began coverage on shares of Schneider National in a research note on Tuesday, July 1st. They set an “outperform” rating and a $28.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $27.00.

Schneider National Stock Down 0.2%

Shares of NYSE SNDR opened at $22.16 on Monday. Schneider National has a 12-month low of $20.59 and a 12-month high of $33.90. The company has a market capitalization of $3.88 billion, a PE ratio of 31.66, a price-to-earnings-growth ratio of 0.71 and a beta of 1.06. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. The firm’s 50-day moving average is $23.54 and its two-hundred day moving average is $23.71.

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

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Friday, September 12th were 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 was Friday, September 12th. Schneider National’s dividend payout ratio is currently 54.29%.

Insider Buying and Selling at Schneider National

In other Schneider National 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 transaction of $891,478.56. Following the transaction, the executive vice president owned 72,870 shares of the company’s stock, valued at $1,775,113.20. This represents a 33.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 23.43% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Schneider National

Several institutional investors and hedge funds have recently bought and sold shares of SNDR. Balyasny Asset Management L.P. acquired a new position in Schneider National during the second quarter worth approximately $26,393,000. Jones Financial Companies Lllp increased its position in Schneider National by 2,481,000.0% during the first quarter. Jones Financial Companies Lllp now owns 645,086 shares of the company’s stock worth $14,740,000 after purchasing an additional 645,060 shares during the last quarter. Quantinno Capital Management LP increased its position in Schneider National by 644.7% during the second quarter. Quantinno Capital Management LP now owns 620,714 shares of the company’s stock worth $14,990,000 after purchasing an additional 537,364 shares during the last quarter. American Century Companies Inc. increased its position in Schneider National by 14.8% during the second quarter. American Century Companies Inc. now owns 2,991,213 shares of the company’s stock worth $72,238,000 after purchasing an additional 386,340 shares during the last quarter. Finally, First Trust Advisors LP increased its position in Schneider National by 10.7% during the second quarter. First Trust Advisors LP now owns 3,962,710 shares of the company’s stock worth $95,700,000 after purchasing an additional 381,898 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

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.