Schneider National (NYSE:SNDR) Hits New 12-Month Low Following Weak Earnings

Schneider National, Inc. (NYSE:SNDR) hit a new 52-week low during trading on Friday following a weaker than expected earnings announcement. The stock traded as low as $20.22 and last traded at $20.3050, with a volume of 1692585 shares. The stock had previously closed at $22.63.

The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The business had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter last year, the business earned $0.18 EPS. The company’s quarterly revenue was up 10.4% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 12th. Stockholders of record on Friday, December 12th will be given a dividend of $0.095 per share. The ex-dividend date is Friday, December 12th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.9%. Schneider National’s dividend payout ratio (DPR) is 54.29%.

Analysts Set New Price Targets

A number of research analysts have weighed in on SNDR shares. Stifel Nicolaus upgraded Schneider National from a “hold” rating to a “buy” rating and decreased their price objective for the company from $26.00 to $25.00 in a report on Friday, October 3rd. Citigroup decreased their price objective on Schneider National from $27.00 to $25.00 and set a “neutral” rating on the stock in a report on Monday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of Schneider National in a report on Wednesday, October 8th. JPMorgan Chase & Co. raised their price objective on Schneider National from $27.00 to $28.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Finally, Evercore ISI decreased their price objective on Schneider National from $24.00 to $22.00 and set an “in-line” rating on the stock in a report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Schneider National currently has an average rating of “Hold” and a consensus target price of $27.00.

Insider Buying and Selling at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the business’s stock in a transaction dated Thursday, August 7th. The shares were 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 approximately $1,775,113.20. The trade was a 33.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 32.68% of the company’s stock.

Institutional Trading of Schneider National

Institutional investors and hedge funds have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC increased its stake in Schneider National by 9.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company’s stock worth $408,000 after purchasing an additional 1,474 shares during the period. New York State Teachers Retirement System increased its stake in shares of Schneider National by 33.6% during the first quarter. New York State Teachers Retirement System now owns 18,447 shares of the company’s stock worth $422,000 after buying an additional 4,637 shares during the period. Invesco Ltd. increased its stake in shares of Schneider National by 1.5% during the first quarter. Invesco Ltd. now owns 580,860 shares of the company’s stock worth $13,273,000 after buying an additional 8,677 shares during the period. Jump Financial LLC acquired a new position in Schneider National in the first quarter valued at approximately $963,000. Finally, Dimensional Fund Advisors LP boosted its holdings in Schneider National by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company’s stock valued at $105,489,000 after purchasing an additional 206,582 shares in the last quarter. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Schneider National Price Performance

The stock has a fifty day moving average of $23.11 and a 200-day moving average of $23.76. The company has a quick ratio of 1.77, a current ratio of 1.91 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $3.56 billion, a price-to-earnings ratio of 29.01, a P/E/G ratio of 0.73 and a beta of 1.06.

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.