SNDR has been the topic of several other research reports. Morgan Stanley lifted their target price on shares of Schneider National from $26.00 to $28.00 and gave the company an overweight rating in a research report on Wednesday, November 8th. KeyCorp began coverage on shares of Schneider National in a research report on Tuesday, October 10th. They issued a sector weight rating on the stock. UBS Group reiterated a buy rating and issued a $30.00 target price (up previously from $24.00) on shares of Schneider National in a research report on Friday, September 29th. Buckingham Research began coverage on shares of Schneider National in a research report on Friday, October 20th. They issued a buy rating and a $29.00 target price on the stock. Finally, BidaskClub lowered shares of Schneider National from a strong-buy rating to a buy rating in a research report on Tuesday, November 7th. Four research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Schneider National presently has a consensus rating of Buy and a consensus price target of $26.10.
Schneider National (NYSE SNDR) traded down $0.10 on Tuesday, reaching $28.98. 476,770 shares of the company’s stock were exchanged, compared to its average volume of 850,900. Schneider National has a one year low of $17.69 and a one year high of $29.36. The company has a quick ratio of 1.93, a current ratio of 2.12 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $5,140.00 and a PE ratio of 32.93.
Schneider National (NYSE:SNDR) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). Schneider National had a net margin of 3.61% and a return on equity of 10.79%. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same period in the previous year, the firm posted $0.24 EPS. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. analysts predict that Schneider National will post 0.93 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, January 8th. Stockholders of record on Friday, December 15th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.20 annualized dividend and a dividend yield of 0.69%. Schneider National’s dividend payout ratio (DPR) is 22.73%.
In related news, CEO Christopher B. Lofgren sold 600,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $24.20, for a total transaction of $14,520,000.00. Following the transaction, the chief executive officer now directly owns 1,597,420 shares in the company, valued at $38,657,564. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Paul J. Kardish sold 85,000 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $25.12, for a total transaction of $2,135,200.00. Following the transaction, the executive vice president now owns 222,432 shares in the company, valued at $5,587,491.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,258,500 shares of company stock worth $30,533,900.
A number of institutional investors and hedge funds have recently bought and sold shares of SNDR. Vanguard Group Inc. acquired a new position in Schneider National during the second quarter worth about $67,293,000. Associated Banc Corp acquired a new position in Schneider National during the second quarter worth about $56,314,000. Citadel Advisors LLC acquired a new position in Schneider National during the second quarter worth about $32,099,000. Balyasny Asset Management LLC acquired a new position in Schneider National during the second quarter worth about $27,115,000. Finally, Voya Investment Management LLC acquired a new position in Schneider National during the second quarter worth about $20,390,000. Hedge funds and other institutional investors own 21.45% of the company’s stock.
Schneider National Company Profile
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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