Schneider National, Inc. (NYSE:SNDR) Given Consensus Rating of “Hold” by Brokerages

Schneider National, Inc. (NYSE:SNDRGet Rating) has been given an average rating of “Hold” by the eleven ratings firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $28.73.

Several equities analysts have commented on SNDR shares. Citigroup set a $26.00 price target on shares of Schneider National in a research note on Tuesday, July 19th. Credit Suisse Group started coverage on shares of Schneider National in a research note on Monday, June 27th. They issued an “outperform” rating and a $32.00 price target on the stock. Finally, Evercore ISI upgraded shares of Schneider National from an “in-line” rating to an “outperform” rating and set a $28.00 price target on the stock in a research note on Monday, August 22nd.

Institutional Trading of Schneider National

Several hedge funds have recently made changes to their positions in the company. Verition Fund Management LLC acquired a new stake in shares of Schneider National in the 2nd quarter worth $258,000. Prelude Capital Management LLC acquired a new stake in shares of Schneider National in the 2nd quarter worth $252,000. Captrust Financial Advisors lifted its stake in shares of Schneider National by 27.2% in the 2nd quarter. Captrust Financial Advisors now owns 5,301 shares of the company’s stock worth $119,000 after acquiring an additional 1,135 shares during the period. ExodusPoint Capital Management LP acquired a new stake in shares of Schneider National in the 2nd quarter worth $696,000. Finally, Macquarie Group Ltd. lifted its stake in shares of Schneider National by 1.0% in the 2nd quarter. Macquarie Group Ltd. now owns 99,280 shares of the company’s stock worth $2,222,000 after acquiring an additional 1,023 shares during the period. Institutional investors and hedge funds own 27.72% of the company’s stock.

Schneider National Stock Down 4.5 %

SNDR stock opened at $20.96 on Monday. The company’s 50 day moving average price is $23.69 and its 200 day moving average price is $23.70. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.96 and a current ratio of 2.00. Schneider National has a fifty-two week low of $20.69 and a fifty-two week high of $27.50. The firm has a market capitalization of $3.73 billion, a price-to-earnings ratio of 8.00, a PEG ratio of 1.04 and a beta of 1.01.

Schneider National (NYSE:SNDRGet Rating) last released its earnings results on Thursday, July 28th. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.04. Schneider National had a net margin of 7.30% and a return on equity of 19.34%. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same period in the prior year, the firm earned $0.60 earnings per share. The business’s quarterly revenue was up 28.4% compared to the same quarter last year. On average, equities research analysts anticipate that Schneider National will post 2.68 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 10th. Investors of record on Friday, September 9th will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, September 8th. This represents a $0.32 dividend on an annualized basis and a yield of 1.53%. Schneider National’s dividend payout ratio (DPR) is 12.21%.

About Schneider National

(Get Rating)

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. The company operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers standard long-haul and regional shipping services primarily through dry van, bulk, temperature-controlled, and flat-bed equipment, as well as cross dock and customized solutions for time-sensitive loads.

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Analyst Recommendations for Schneider National (NYSE:SNDR)

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