Schneider National (NYSE:SNDR) Given New $28.00 Price Target at JPMorgan Chase & Co.

Schneider National (NYSE:SNDR) had its target price upped by JPMorgan Chase & Co. from $27.00 to $28.00 in a research report report published on Monday,Benzinga reports. They currently have a neutral rating on the stock.

Several other equities research analysts have also recently issued reports on the stock. TD Cowen decreased their target price on shares of Schneider National from $25.00 to $23.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. National Bankshares set a $21.00 target price on Schneider National in a research report on Friday, October 31st. Raymond James Financial raised Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 price target for the company in a research report on Wednesday, December 3rd. Finally, Zacks Research downgraded Schneider National from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $28.00.

Schneider National Price Performance

SNDR stock opened at $28.77 on Monday. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 44.95, a price-to-earnings-growth ratio of 0.72 and a beta of 1.08. 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 $31.19. The stock’s fifty day simple moving average is $24.94 and its 200-day simple moving average is $24.29.

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

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Friday, December 12th were given a $0.095 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.38 annualized dividend and a dividend yield of 1.3%. Schneider National’s dividend payout ratio is presently 59.38%.

Hedge Funds Weigh In On Schneider National

A number of institutional investors and hedge funds have recently bought and sold shares of SNDR. Caitong International Asset Management Co. Ltd raised its stake in shares of Schneider National by 2,425.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after purchasing an additional 1,625 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in Schneider National during the 2nd quarter worth $37,000. KBC Group NV lifted its holdings in Schneider National by 86.3% in the 2nd quarter. KBC Group NV now owns 2,290 shares of the company’s stock worth $55,000 after buying an additional 1,061 shares in the last quarter. Quarry LP grew its stake in shares of Schneider National by 36.7% during the third quarter. Quarry LP now owns 3,404 shares of the company’s stock valued at $72,000 after acquiring an additional 913 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its position in shares of Schneider National by 2,943.5% during the second quarter. Hantz Financial Services Inc. now owns 3,500 shares of the company’s stock worth $85,000 after acquiring an additional 3,385 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

About Schneider National

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.