Schneider National (NYSE:SNDR) Shares Up 6% – What’s Next?

Shares of Schneider National, Inc. (NYSE:SNDR) rose 6% on Wednesday . The stock traded as high as $24.95 and last traded at $24.8490. Approximately 257,136 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 873,127 shares. The stock had previously closed at $23.44.

Wall Street Analysts Forecast Growth

SNDR has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their price objective on Schneider National from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. UBS Group lowered shares of Schneider National from a “buy” rating to a “neutral” rating and raised their price target for the stock from $25.00 to $26.00 in a report on Friday, September 5th. Susquehanna reduced their price objective on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 24th. TD Cowen lowered their target price on shares of Schneider National from $25.00 to $23.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Finally, Citigroup dropped their target price on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $25.80.

Schneider National Stock Up 6.8%

The firm’s fifty day moving average price is $22.13 and its two-hundred day moving average price is $23.64. The stock has a market cap of $4.39 billion, a price-to-earnings ratio of 39.14, a price-to-earnings-growth ratio of 0.90 and a beta of 1.09. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, October 30th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.09). Schneider National had a net margin of 2.03% and a return on equity of 4.04%. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the prior year, the business earned $0.18 earnings per share. The business’s quarterly revenue was up 10.4% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Sell-side analysts forecast that Schneider National, Inc. will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 12th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.095 per share. The ex-dividend date is Friday, December 12th. This represents a $0.38 annualized dividend and a dividend yield of 1.5%. Schneider National’s payout ratio is currently 59.38%.

Institutional Trading of Schneider National

Hedge funds have recently bought and sold shares of the business. WPG Advisers LLC bought a new stake in Schneider National during the 1st quarter valued at $25,000. Quarry LP bought a new stake in shares of Schneider National during the first quarter worth about $32,000. Caitong International Asset Management Co. Ltd increased its position in shares of Schneider National by 2,425.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock worth $36,000 after acquiring an additional 1,625 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Schneider National in the 2nd quarter worth about $37,000. Finally, KBC Group NV lifted its position in Schneider National by 86.3% in 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 Company Profile

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.