Schneider National (NYSE:SNDR) Price Target Raised to $30.00 at Evercore ISI

Schneider National (NYSE:SNDR) had its price objective lifted by Evercore ISI from $21.00 to $30.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has an in-line rating on the stock.

Several other equities analysts have also recently issued reports on the company. Citigroup boosted their target price on Schneider National from $23.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, January 7th. Stifel Nicolaus lifted their price target on shares of Schneider National from $25.00 to $29.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. JPMorgan Chase & Co. boosted their price objective on shares of Schneider National from $27.00 to $28.00 and gave the company a “neutral” rating in a research report on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Schneider National in a research report on Monday, December 29th. Finally, Zacks Research cut shares of Schneider National from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $28.60.

Schneider National Price Performance

SNDR stock opened at $28.75 on Tuesday. The stock has a market capitalization of $5.04 billion, a price-to-earnings ratio of 44.93, a PEG ratio of 0.72 and a beta of 1.08. The firm’s 50-day moving average price is $25.08 and its two-hundred day moving average price is $24.32. The company has a current ratio of 2.11, a quick ratio of 1.93 and a debt-to-equity ratio of 0.17. Schneider National has a 12-month low of $20.11 and a 12-month high of $31.19.

Schneider National (NYSE:SNDR) last posted 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 business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same period in the previous year, the business earned $0.18 earnings per share. The firm’s revenue for the quarter 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. As a group, equities analysts predict that Schneider National will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Friday, December 12th were paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, December 12th. Schneider National’s dividend payout ratio (DPR) is presently 59.38%.

Institutional Investors Weigh In On Schneider National

A number of hedge funds and other institutional investors have recently bought and sold shares of SNDR. Balyasny Asset Management L.P. purchased a new position in shares of Schneider National during the second quarter valued at approximately $26,393,000. Gotham Asset Management LLC increased its position in Schneider National by 396.1% during the 3rd quarter. Gotham Asset Management LLC now owns 855,802 shares of the company’s stock valued at $18,109,000 after buying an additional 683,298 shares in the last quarter. Quantinno Capital Management LP raised its stake in Schneider National by 644.7% during the second quarter. Quantinno Capital Management LP now owns 620,714 shares of the company’s stock valued at $14,990,000 after buying an additional 537,364 shares during the last quarter. American Century Companies Inc. boosted its holdings in Schneider National by 14.8% in the second quarter. American Century Companies Inc. now owns 2,991,213 shares of the company’s stock worth $72,238,000 after acquiring an additional 386,340 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in Schneider National by 10.7% in the second quarter. First Trust Advisors LP now owns 3,962,710 shares of the company’s stock worth $95,700,000 after acquiring an additional 381,898 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 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.