Evercore ISI Cuts Schneider National (NYSE:SNDR) Price Target to $21.00

Schneider National (NYSE:SNDR) had its price target reduced by Evercore ISI from $22.00 to $21.00 in a research note published on Friday,Benzinga reports. They currently have an in-line rating on the stock.

A number of other equities research analysts also recently weighed in on the company. National Bankshares set a $21.00 price target on Schneider National in a report on Friday. Citigroup lowered their price target on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, October 13th. Stifel Nicolaus upgraded Schneider National from a “hold” rating to a “buy” rating and lowered their price target for the company from $26.00 to $25.00 in a report on Friday, October 3rd. UBS Group cut Schneider National from a “buy” rating to a “neutral” rating and increased their price target for the stock from $25.00 to $26.00 in a research report on Friday, September 5th. Finally, Erste Group Bank upgraded Schneider National from a “hold” rating to a “buy” rating in a research report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $25.79.

Schneider National Price Performance

SNDR stock opened at $21.45 on Friday. The company has a quick ratio of 1.93, a current ratio of 2.11 and a debt-to-equity ratio of 0.17. Schneider National has a 52-week low of $20.11 and a 52-week high of $33.90. The stock’s 50 day moving average is $23.04 and its two-hundred day moving average is $23.77. The company has a market capitalization of $3.76 billion, a PE ratio of 33.51, a P/E/G ratio of 0.72 and a beta of 1.06.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a net margin of 2.03% and a return on equity of 4.04%. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the firm posted $0.18 earnings per share. Schneider National’s revenue was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Analysts predict that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Friday, December 12th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Friday, December 12th. Schneider National’s payout ratio is 59.38%.

Insider Transactions at Schneider National

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the business’s 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 completion of the transaction, the executive vice president owned 72,870 shares in the company, 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. Company insiders own 32.68% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in SNDR. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Schneider National by 9.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company’s stock valued at $408,000 after buying an additional 1,474 shares during the period. New York State Teachers Retirement System lifted its holdings in shares of Schneider National by 33.6% in the first quarter. New York State Teachers Retirement System now owns 18,447 shares of the company’s stock valued at $422,000 after buying an additional 4,637 shares during the period. Invesco Ltd. lifted its holdings in shares of Schneider National by 1.5% in the first quarter. Invesco Ltd. now owns 580,860 shares of the company’s stock valued at $13,273,000 after buying an additional 8,677 shares during the period. Jump Financial LLC acquired a new stake in shares of Schneider National in the first quarter valued at $963,000. Finally, Mackenzie Financial Corp lifted its holdings in shares of Schneider National by 109.8% in the first quarter. Mackenzie Financial Corp now owns 32,878 shares of the company’s stock valued at $751,000 after buying an additional 17,208 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Company Profile

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.