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

Schneider National, Inc. (NYSE:SNDR) has been given a consensus rating of “Hold” by the thirteen brokerages that are presently covering the company, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $28.21.

A number of analysts have recently issued reports on the stock. TD Cowen dropped their price objective on shares of Schneider National from $28.00 to $26.00 and set an “outperform” rating on the stock in a research note on Friday, February 2nd. Evercore ISI downgraded shares of Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price objective for the company. in a report on Thursday, January 4th. Robert W. Baird dropped their price target on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, April 4th. Benchmark reaffirmed a “buy” rating and set a $27.00 price objective on shares of Schneider National in a research note on Friday. Finally, Susquehanna reduced their price target on shares of Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research report on Monday, March 25th.

Institutional Investors Weigh In On Schneider National

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Schneider National by 5.4% during the 1st quarter. Vanguard Group Inc. now owns 4,816,076 shares of the company’s stock worth $122,810,000 after acquiring an additional 244,894 shares during the last quarter. BlackRock Inc. increased its position in shares of Schneider National by 3.0% in the third quarter. BlackRock Inc. now owns 4,280,609 shares of the company’s stock worth $86,896,000 after purchasing an additional 124,043 shares during the period. Dimensional Fund Advisors LP boosted its stake in Schneider National by 4.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,405,619 shares of the company’s stock valued at $86,675,000 after buying an additional 130,426 shares in the last quarter. AQR Capital Management LLC boosted its stake in Schneider National by 8.2% in the fourth quarter. AQR Capital Management LLC now owns 3,008,023 shares of the company’s stock valued at $70,388,000 after buying an additional 227,164 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of Schneider National by 14.3% during the fourth quarter. Morgan Stanley now owns 2,379,638 shares of the company’s stock valued at $55,684,000 after purchasing an additional 297,850 shares in the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Stock Up 0.1 %

Shares of NYSE:SNDR opened at $21.71 on Tuesday. The stock has a market cap of $3.82 billion, a P/E ratio of 16.32, a P/E/G ratio of 1.20 and a beta of 0.89. The firm has a fifty day moving average price of $22.96 and a 200 day moving average price of $24.07. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.64. Schneider National has a 1-year low of $21.31 and a 1-year high of $31.74.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The firm’s quarterly revenue was down 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 EPS. Sell-side analysts predict that Schneider National will post 1.15 EPS for the current year.

Schneider National Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Friday, March 8th were paid a $0.095 dividend. This is a boost from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.38 annualized dividend and a yield of 1.75%. Schneider National’s payout ratio is presently 28.57%.

About Schneider National

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.