Shares of Schneider National, Inc. (NYSE:SNDR) have earned a consensus recommendation of “Buy” from the fourteen research firms that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $25.11.

Several analysts have recently weighed in on the company. UBS restated a “buy” rating and set a $30.00 target price (up from $24.00) on shares of Schneider National in a research note on Friday, September 29th. KeyCorp restated a “hold” rating on shares of Schneider National in a research note on Monday, November 13th. Zacks Investment Research raised shares of Schneider National from a “sell” rating to a “hold” rating in a research report on Tuesday, August 22nd. Morgan Stanley increased their price target on shares of Schneider National from $26.00 to $28.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 8th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $28.00 price target on shares of Schneider National in a research report on Friday, October 6th.

In other Schneider National news, insider Steven J. Matheys sold 62,500 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $24.20, for a total value of $1,512,500.00. Following the transaction, the insider now owns 816,014 shares of the company’s stock, valued at $19,747,538.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Paul J. Kardish sold 85,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $25.12, for a total transaction of $2,135,200.00. Following the completion of the transaction, the executive vice president now directly owns 222,432 shares in the company, valued at approximately $5,587,491.84. The disclosure for this sale can be found here. Insiders have sold 1,258,500 shares of company stock worth $30,533,900 in the last ninety days.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. bought a new position in Schneider National in the second quarter worth about $67,293,000. Associated Banc Corp bought a new position in Schneider National in the second quarter worth about $56,314,000. Jennison Associates LLC lifted its holdings in Schneider National by 6.0% in the third quarter. Jennison Associates LLC now owns 1,554,066 shares of the company’s stock worth $39,318,000 after acquiring an additional 88,411 shares during the last quarter. Citadel Advisors LLC bought a new position in Schneider National in the second quarter worth about $32,099,000. Finally, Balyasny Asset Management LLC bought a new position in Schneider National in the second quarter worth about $27,115,000. 21.45% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Schneider National (SNDR) opened at $27.41 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 2.12. Schneider National has a 52 week low of $17.69 and a 52 week high of $28.32.

Schneider National (NYSE:SNDR) last announced its earnings results on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.02). The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.10 billion. Schneider National had a net margin of 3.61% and a return on equity of 10.79%. The firm’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.24 earnings per share. equities research analysts anticipate that Schneider National will post 0.93 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, January 8th. Stockholders of record on Friday, December 15th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.73%. Schneider National’s payout ratio is 22.73%.

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About Schneider National

Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.

Analyst Recommendations for Schneider National (NYSE:SNDR)

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