Analysts Set Schneider National, Inc. (NYSE:SNDR) PT at $30.85

Shares of Schneider National, Inc. (NYSE:SNDR) have earned an average recommendation of “Hold” from the fourteen brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $30.85.

A number of brokerages have issued reports on SNDR. Wells Fargo & Company lifted their price target on shares of Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Susquehanna raised their price objective on Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a research report on Friday, January 31st. TD Cowen boosted their target price on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Stifel Nicolaus raised their price target on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Finally, Benchmark lifted their price objective on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, November 27th.

Schneider National Stock Down 2.2 %

Shares of SNDR opened at $27.80 on Monday. The business’s 50 day moving average is $29.73 and its 200 day moving average is $28.91. 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 has a 12-month low of $20.50 and a 12-month high of $33.90. The company has a market capitalization of $4.87 billion, a PE ratio of 42.77, a price-to-earnings-growth ratio of 0.59 and a beta of 0.93.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same quarter last year, the company posted $0.16 earnings per share. Research analysts expect that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.37%. The ex-dividend date is Friday, March 14th. Schneider National’s dividend payout ratio is currently 58.46%.

Insider Transactions at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction on Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the sale, the insider now owns 95,191 shares in the company, valued at $2,764,346.64. This trade represents a 9.51 % decrease in their ownership of the stock. The transaction 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 business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the sale, the chief operating officer now directly owns 266,887 shares of the company’s stock, valued at $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. In the last quarter, insiders sold 66,555 shares of company stock worth $2,153,011. 32.68% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Schneider National

Hedge funds have recently added to or reduced their stakes in the stock. State Street Corp raised its stake in shares of Schneider National by 75.4% during the third quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after acquiring an additional 743,800 shares in the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new position in Schneider National during the 3rd quarter worth $9,157,000. American Century Companies Inc. raised its position in Schneider National by 14.2% during the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company’s stock valued at $72,320,000 after purchasing an additional 306,275 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Schneider National in the 3rd quarter worth $6,327,000. Finally, New York State Common Retirement Fund grew its position in shares of Schneider National by 16.4% during the 3rd quarter. New York State Common Retirement Fund now owns 1,491,876 shares of the company’s stock worth $42,578,000 after buying an additional 209,787 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors.

About Schneider National

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.