Stifel Nicolaus Issues Positive Forecast for Schneider National (NYSE:SNDR) Stock Price

Schneider National (NYSE:SNDR) had its target price raised by Stifel Nicolaus from $25.00 to $29.00 in a report published on Tuesday morning,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

SNDR has been the topic of several other reports. National Bankshares set a $21.00 target price on Schneider National in a research note on Friday, October 31st. Erste Group Bank upgraded Schneider National from a “hold” rating to a “buy” rating in a report on Thursday, September 11th. TD Cowen decreased their target price on Schneider National from $25.00 to $23.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Susquehanna dropped 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. Finally, Raymond James Financial raised shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 price objective for the company in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $26.07.

Schneider National Stock Performance

Shares of Schneider National stock opened at $26.77 on Tuesday. The stock has a market cap of $4.69 billion, a price-to-earnings ratio of 41.83, a PEG ratio of 1.06 and a beta of 1.09. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93. Schneider National has a 1 year low of $20.11 and a 1 year high of $31.19. The firm’s 50-day moving average is $23.12 and its 200 day moving average is $23.84.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, October 30th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.09). Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same period last year, the firm posted $0.18 earnings per share. The firm’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. Sell-side analysts anticipate that Schneider National will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, January 12th. Investors of record on Friday, December 12th will be given a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.38 dividend on an annualized basis and a yield of 1.4%. Schneider National’s dividend payout ratio is presently 59.38%.

Institutional Trading of Schneider National

Several hedge funds and other institutional investors have recently made changes to their positions in SNDR. Blueprint Financial Advisors LLC acquired a new stake in Schneider National during the 2nd quarter worth about $4,722,000. Invesco Ltd. lifted its holdings in shares of Schneider National by 1.5% in the 1st 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. American Century Companies Inc. raised 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 valued at $72,238,000 after acquiring an additional 386,340 shares in the last quarter. 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 position in Schneider National by 4.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company’s stock worth $105,489,000 after purchasing an additional 206,582 shares in the last quarter. Hedge funds and other institutional investors 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.