Schneider National (NYSE:SNDR) Price Target Raised to $32.00 at Stifel Nicolaus

Schneider National (NYSE:SNDR) had its price objective boosted by Stifel Nicolaus from $29.00 to $32.00 in a report released on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

SNDR has been the topic of a number of other reports. Evercore ISI raised their price objective on shares of Schneider National from $21.00 to $30.00 and gave the company an “in-line” rating in a report on Tuesday. Citigroup increased their target price on Schneider National from $23.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, January 7th. Bank of America raised Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 price target for the company in a report on Friday, January 9th. Wells Fargo & Company upped their price objective on Schneider National from $23.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 6th. Finally, National Bankshares set a $21.00 target price on Schneider National in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Schneider National currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.80.

Schneider National Trading Up 1.0%

SNDR opened at $29.10 on Wednesday. The business has a fifty day moving average price of $25.21 and a 200 day moving average price of $24.36. 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 12 month low of $20.11 and a 12 month high of $31.19. The stock has a market capitalization of $5.10 billion, a price-to-earnings ratio of 45.46, a PEG ratio of 0.73 and a beta of 1.08.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data 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 net margin of 2.03% and a return on equity of 4.04%. The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the business posted $0.18 EPS. The business’s quarterly 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. Sell-side analysts expect that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

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

Hedge Funds Weigh In On Schneider National

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