Analysts expect that Schneider National Inc (NYSE:SNDR) will post sales of $1.25 billion for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Schneider National’s earnings, with the lowest sales estimate coming in at $1.24 billion and the highest estimate coming in at $1.25 billion. Schneider National posted sales of $1.14 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 9.6%. The business is scheduled to report its next earnings report on Thursday, April 25th.
On average, analysts expect that Schneider National will report full year sales of $5.32 billion for the current year, with estimates ranging from $5.20 billion to $5.38 billion. For the next financial year, analysts forecast that the firm will post sales of $5.58 billion, with estimates ranging from $5.44 billion to $5.72 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Schneider National.
Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, January 31st. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.03. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Schneider National had a return on equity of 13.81% and a net margin of 5.40%.
Several equities research analysts have weighed in on the company. Morgan Stanley set a $35.00 price objective on Schneider National and gave the stock a “buy” rating in a research note on Monday, October 22nd. Stifel Nicolaus raised shares of Schneider National from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Monday, October 29th. Citigroup reduced their price target 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. JPMorgan Chase & Co. lowered their price target on shares of Schneider National from $28.00 to $27.00 and set an “overweight” rating for the company in a report on Friday, November 2nd. Finally, Robert W. Baird lowered their price objective on shares of Schneider National from $29.00 to $28.00 and set an “outperform” rating on the stock in a research note on Friday, November 2nd. Three research analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $28.00.
Several institutional investors and hedge funds have recently bought and sold shares of SNDR. Dimensional Fund Advisors LP lifted its holdings in Schneider National by 82.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 518,349 shares of the company’s stock valued at $14,259,000 after purchasing an additional 234,976 shares during the last quarter. California Public Employees Retirement System purchased a new position in shares of Schneider National in the 2nd quarter valued at approximately $310,000. State of Alaska Department of Revenue purchased a new position in shares of Schneider National in the third quarter worth $126,000. Bank of Montreal Can grew its holdings in Schneider National by 1,394.9% during the third quarter. Bank of Montreal Can now owns 56,970 shares of the company’s stock valued at $1,423,000 after purchasing an additional 53,159 shares during the period. Finally, Peregrine Capital Management LLC lifted its position in shares of Schneider National by 2.7% in the third quarter. Peregrine Capital Management LLC now owns 1,041,497 shares of the company’s stock worth $26,017,000 after buying an additional 27,561 shares in the last quarter. 23.02% of the stock is currently owned by institutional investors and hedge funds.
Shares of Schneider National stock opened at $22.84 on Thursday. The stock has a market cap of $3.98 billion, a PE ratio of 14.74, a PEG ratio of 1.00 and a beta of 1.54. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.23 and a current ratio of 2.34. Schneider National has a 12 month low of $17.56 and a 12 month high of $30.52.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 8th. Stockholders of record on Friday, March 15th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Thursday, March 14th. Schneider National’s dividend payout ratio (DPR) 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.
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