Equities analysts expect Schneider National Inc (NYSE:SNDR) to post $0.23 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Schneider National’s earnings, with the lowest EPS estimate coming in at $0.22 and the highest estimate coming in at $0.25. Schneider National posted earnings of $0.15 per share during the same quarter last year, which would suggest a positive year over year growth rate of 53.3%. The company is scheduled to report its next earnings report on Thursday, May 10th.
According to Zacks, analysts expect that Schneider National will report full-year earnings of $1.40 per share for the current financial year, with EPS estimates ranging from $1.35 to $1.45. For the next financial year, analysts anticipate that the business will post earnings of $1.62 per share, with EPS estimates ranging from $1.55 to $1.71. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Schneider National.
Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, February 1st. The company reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.01. Schneider National had a net margin of 8.89% and a return on equity of 10.98%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the company earned $0.31 EPS. The firm’s quarterly revenue was up 11.3% on a year-over-year basis.
SNDR has been the subject of a number of research reports. BidaskClub cut Schneider National from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 7th. Morgan Stanley increased their target price on Schneider National from $26.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 8th. KeyCorp reiterated a “hold” rating on shares of Schneider National in a report on Monday, November 13th. Citigroup cut Schneider National from a “buy” rating to a “neutral” rating in a report on Thursday, January 4th. Finally, Robert W. Baird reiterated a “buy” rating and set a $30.00 target price on shares of Schneider National in a report on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $29.70.
In other news, CFO Lori A. Lutey sold 70,000 shares of the stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $28.11, for a total transaction of $1,967,700.00. Following the completion of the transaction, the chief financial officer now directly owns 515,838 shares in the company, valued at approximately $14,500,206.18. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Several institutional investors have recently bought and sold shares of SNDR. Vanguard Group Inc. acquired a new position in shares of Schneider National during the 2nd quarter worth about $67,293,000. Virtus Fund Advisers LLC boosted its stake in shares of Schneider National by 84.3% during the 4th quarter. Virtus Fund Advisers LLC now owns 1,584,675 shares of the company’s stock worth $45,338,000 after buying an additional 725,025 shares during the last quarter. Anchor Bolt Capital LP acquired a new position in shares of Schneider National during the 4th quarter worth about $20,623,000. Penn Capital Management Co. Inc. acquired a new position in shares of Schneider National during the 4th quarter worth about $12,669,000. Finally, BlackRock Inc. lifted its stake in Schneider National by 22.8% in the 4th quarter. BlackRock Inc. now owns 2,339,283 shares of the company’s stock valued at $66,810,000 after purchasing an additional 433,852 shares during the last quarter. Institutional investors own 20.96% of the company’s stock.
Schneider National (NYSE SNDR) remained flat at $$26.81 during mid-day trading on Monday. The stock had a trading volume of 388,100 shares, compared to its average volume of 804,079. The stock has a market cap of $4,740.00 and a P/E ratio of 29.46. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 2.12. Schneider National has a 12-month low of $17.69 and a 12-month high of $30.00.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 9th. Stockholders of record on Thursday, March 15th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.90%. This is an increase from Schneider National’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Wednesday, March 14th. Schneider National’s dividend payout ratio is currently 21.98%.
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About Schneider National
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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