Schneider National, Inc. (NYSE:SNDR) Receives Consensus Rating of “Hold” from Analysts

Shares of Schneider National, Inc. (NYSE:SNDR) have been given an average recommendation of “Hold” by the sixteen analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $28.4286.

SNDR has been the subject of a number of research reports. UBS Group reiterated a “neutral” rating on shares of Schneider National in a research note on Friday, January 30th. Stifel Nicolaus lowered Schneider National from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $32.00 to $26.00 in a research report on Tuesday, February 3rd. Bank of America raised Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a report on Friday, January 9th. Citigroup upgraded Schneider National from a “sell” rating to a “neutral” rating and set a $27.00 target price for the company in a research report on Monday, March 9th. Finally, JPMorgan Chase & Co. reduced their price target on Schneider National from $28.00 to $26.00 and set a “neutral” rating on the stock in a report on Friday, January 30th.

Insider Transactions at Schneider National

In other Schneider National news, CFO Darrell George Campbell sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $28.89, for a total value of $173,340.00. Following the completion of the transaction, the chief financial officer directly owned 66,275 shares in the company, valued at approximately $1,914,684.75. This represents a 8.30% 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 23.43% of the company’s stock.

Institutional Trading of Schneider National

Several institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd raised its position in Schneider National by 2,425.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock worth $36,000 after purchasing an additional 1,625 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Schneider National in the 2nd quarter valued at about $37,000. Global Retirement Partners LLC acquired a new stake in shares of Schneider National in the fourth quarter valued at about $47,000. Farther Finance Advisors LLC raised its position in shares of Schneider National by 155.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock worth $48,000 after acquiring an additional 1,110 shares during the last quarter. Finally, KBC Group NV raised its position in shares of Schneider National by 86.3% during the second quarter. KBC Group NV now owns 2,290 shares of the company’s stock worth $55,000 after acquiring an additional 1,061 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Stock Up 0.7%

Shares of NYSE SNDR opened at $23.87 on Tuesday. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 40.45, a PEG ratio of 0.70 and a beta of 1.06. The company has a current ratio of 2.13, a quick ratio of 1.95 and a debt-to-equity ratio of 0.13. Schneider National has a 12 month low of $20.11 and a 12 month high of $30.98. The stock has a 50-day moving average price of $28.34 and a two-hundred day moving average price of $25.32.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.08). The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.45 billion. Schneider National had a net margin of 1.83% and a return on equity of 3.66%. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.20 earnings per share. As a group, analysts forecast that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National announced that its board has authorized a share buyback program on Wednesday, January 28th that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 2.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Schneider National Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 13th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, March 13th. This represents a $0.40 annualized dividend and a yield of 1.7%. This is a boost from Schneider National’s previous quarterly dividend of $0.10. Schneider National’s dividend payout ratio is 67.80%.

Schneider National Company Profile

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.