Schneider National, Inc. (NYSE:SNDR) Receives $28.43 Consensus Price Target from Analysts

Schneider National, Inc. (NYSE:SNDR) has been given an average recommendation of “Hold” by the sixteen research firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $28.4286.

A number of research analysts have commented on the company. National Bank Financial set a $27.00 price objective on Schneider National in a report on Friday, February 6th. Bank of America raised shares of Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a research report on Friday, January 9th. TD Cowen lowered their price target on shares of Schneider National from $31.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Wells Fargo & Company dropped their price objective on shares of Schneider National from $30.00 to $25.00 and set an “equal weight” rating for the company in a research note on Friday, January 30th. Finally, UBS Group restated a “neutral” rating on shares of Schneider National in a research report on Friday, January 30th.

Insider Buying and Selling

In related news, CFO Darrell George Campbell sold 6,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $28.89, for a total transaction of $173,340.00. Following the completion of the sale, the chief financial officer owned 66,275 shares of the company’s stock, valued at $1,914,684.75. This represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 23.43% of the stock is currently owned by company insiders.

Institutional Trading of Schneider National

Several large investors have recently made changes to their positions in SNDR. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Schneider National by 2,425.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after purchasing an additional 1,625 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Schneider National during the 2nd quarter worth $37,000. Global Retirement Partners LLC acquired a new stake in shares of Schneider National in the 4th quarter valued at approximately $47,000. Farther Finance Advisors LLC boosted its position in Schneider National by 155.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock valued at $48,000 after buying an additional 1,110 shares in the last quarter. Finally, KBC Group NV boosted its holdings in shares of Schneider National by 86.3% during the 2nd quarter. KBC Group NV now owns 2,290 shares of the company’s stock valued at $55,000 after acquiring an additional 1,061 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Stock Up 1.0%

Schneider National stock opened at $27.41 on Friday. The stock has a market cap of $4.81 billion, a P/E ratio of 46.46, a P/E/G ratio of 0.88 and a beta of 1.08. The company has a quick ratio of 1.93, a current ratio of 2.13 and a debt-to-equity ratio of 0.13. Schneider National has a twelve month low of $20.11 and a twelve month high of $30.98. The company’s 50-day moving average price is $28.55 and its two-hundred day moving average price is $25.15.

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

Schneider National Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Friday, March 13th will be issued a dividend of $0.10 per share. This is an increase from Schneider National’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 1.5%. Schneider National’s payout ratio is currently 64.41%.

Schneider National declared that its Board of Directors has approved a share buyback program on Wednesday, January 28th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 2.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

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.