Schneider National (NYSE:SNDR) Price Target Raised to $31.00

Schneider National (NYSE:SNDRFree Report) had its price target hoisted by Stifel Nicolaus from $28.00 to $31.00 in a research note issued to investors on Thursday morning,Benzinga reports. Stifel Nicolaus currently has a hold rating on the stock.

A number of other analysts have also commented on SNDR. Susquehanna dropped their price target on Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. TD Cowen raised their price objective on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Benchmark boosted their target price on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $32.00 to $30.00 in a report on Tuesday, November 12th. Finally, Evercore ISI cut their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research note on Thursday, November 7th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $29.38.

Get Our Latest Stock Analysis on SNDR

Schneider National Trading Down 1.4 %

Shares of Schneider National stock opened at $29.39 on Thursday. The company has a market capitalization of $5.15 billion, a P/E ratio of 47.40, a price-to-earnings-growth ratio of 1.90 and a beta of 0.93. The stock has a fifty day simple moving average of $30.46 and a 200 day simple moving average of $28.49. Schneider National has a 12-month low of $20.50 and a 12-month high of $33.90. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDRGet Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. On average, sell-side analysts anticipate that Schneider National will post 0.7 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 13th were given a $0.095 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.29%. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Insider Buying and Selling

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $29.04, for a total transaction of $290,400.00. Following the completion of the sale, the insider now owns 95,191 shares of the company’s stock, valued at $2,764,346.64. The trade was a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Mark B. Rourke sold 32,057 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the transaction, the chief operating officer now directly owns 266,887 shares in the company, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 66,555 shares of company stock worth $2,153,011 over the last ninety days. 32.68% of the stock is owned by corporate insiders.

Institutional Trading of Schneider National

Several hedge funds and other institutional investors have recently bought and sold shares of SNDR. GAMMA Investing LLC lifted its holdings in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after acquiring an additional 450 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in Schneider National by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock valued at $342,000 after buying an additional 493 shares during the period. Exchange Traded Concepts LLC grew its stake in shares of Schneider National by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock valued at $822,000 after buying an additional 710 shares during the last quarter. Susquehanna Fundamental Investments LLC lifted its stake in shares of Schneider National by 1.8% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 76,449 shares of the company’s stock valued at $1,847,000 after acquiring an additional 1,341 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in Schneider National by 489.1% during the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after acquiring an additional 1,350 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Company Profile

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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.

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