Wall Street brokerages forecast that Schneider National Inc (NYSE:SNDR) will report earnings of $0.32 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Schneider National’s earnings, with estimates ranging from $0.31 to $0.33. Schneider National reported earnings of $0.27 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 18.5%. The firm is scheduled to issue its next earnings report on Thursday, April 25th.
On average, analysts expect that Schneider National will report full year earnings of $1.71 per share for the current financial year, with EPS estimates ranging from $1.50 to $1.80. For the next year, analysts forecast that the business will report earnings of $1.87 per share, with EPS estimates ranging from $1.74 to $1.99. Zacks’ EPS calculations are a mean average based on a survey of research analysts that cover Schneider National.
Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, January 31st. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.46 by $0.03. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.33 billion. Schneider National had a net margin of 5.40% and a return on equity of 13.81%.
A number of analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Schneider National from a “buy” rating to a “hold” rating in a research note on Wednesday, November 7th. Bank of America lowered their target price on shares of Schneider National from $27.00 to $25.00 and set an “underperform” rating for the company in a research note on Friday, November 2nd. JPMorgan Chase & Co. lowered their target price on shares of Schneider National from $28.00 to $27.00 and set an “overweight” rating for the company in a research note on Friday, November 2nd. Robert W. Baird lowered their price objective on shares of Schneider National from $29.00 to $28.00 and set an “outperform” rating for the company in a research note on Friday, November 2nd. Finally, Citigroup cut their price objective on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Friday, November 2nd. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $28.00.
Hedge funds and other institutional investors have recently modified their holdings of the stock. First Hawaiian Bank boosted its position in Schneider National by 163.1% in the 4th quarter. First Hawaiian Bank now owns 3,039 shares of the company’s stock worth $57,000 after purchasing an additional 1,884 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Schneider National during the 3rd quarter valued at approximately $126,000. Quantamental Technologies LLC purchased a new position in Schneider National during the 4th quarter valued at about $99,000. Stevens Capital Management LP purchased a new position in Schneider National during the 3rd quarter valued at about $208,000. Finally, Rehmann Capital Advisory Group boosted its holdings in Schneider National by 889.0% during the 3rd quarter. Rehmann Capital Advisory Group now owns 10,988 shares of the company’s stock valued at $439,000 after acquiring an additional 9,877 shares during the period. Hedge funds and other institutional investors own 23.02% of the company’s stock.
Shares of SNDR traded up $0.27 during trading hours on Tuesday, reaching $22.49. 1,405 shares of the company traded hands, compared to its average volume of 632,171. The firm has a market capitalization of $3.93 billion, a P/E ratio of 14.53, a P/E/G ratio of 1.00 and a beta of 1.54. Schneider National has a 12-month low of $17.56 and a 12-month high of $30.52. The company has a current ratio of 2.34, a quick ratio of 2.23 and a debt-to-equity ratio of 0.20.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 8th. Investors of record on Friday, March 15th will be given a $0.06 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.24 dividend on an annualized basis and a yield of 1.07%. Schneider National’s dividend payout ratio is currently 15.48%.
Schneider National Company Profile
Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Schneider National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider National and related companies with MarketBeat.com's FREE daily email newsletter.