Schneider National (NYSE:SNDR) had its price target boosted by Morgan Stanley from $28.00 to $35.00 in a report released on Monday. The brokerage currently has an overweight rating on the stock.

Other equities research analysts have also recently issued reports about the company. BidaskClub cut Schneider National from a strong-buy rating to a buy rating in a research report on Tuesday, November 7th. Buckingham Research started coverage on Schneider National in a research report on Friday, October 20th. They issued a buy rating and a $29.00 target price for the company. Robert W. Baird reaffirmed a buy rating and issued a $30.00 target price on shares of Schneider National in a research report on Tuesday, January 9th. Bank of America raised their target price on Schneider National from $32.00 to $33.00 and gave the stock a buy rating in a research report on Friday, February 2nd. Finally, KeyCorp reaffirmed a hold rating on shares of Schneider National in a research report on Monday, November 13th. One analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of $29.70.

Shares of Schneider National (NYSE SNDR) opened at $27.96 on Monday. Schneider National has a 12-month low of $17.69 and a 12-month high of $30.00. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 1.93. The firm has a market capitalization of $4,950.00 and a P/E ratio of 12.65.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, February 1st. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01. Schneider National had a return on equity of 10.98% and a net margin of 8.89%. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the business earned $0.31 earnings per share. Schneider National’s revenue for the quarter was up 11.3% compared to the same quarter last year. sell-side analysts anticipate that Schneider National will post 1.4 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 9th. Investors of record on Thursday, March 15th will be given a $0.06 dividend. This is a boost from Schneider National’s previous quarterly dividend of $0.05. This represents a $0.24 annualized dividend and a yield of 0.86%. The ex-dividend date is Wednesday, March 14th. Schneider National’s dividend payout ratio (DPR) is 9.05%.

A number of hedge funds have recently modified their holdings of the stock. GW&K Investment Management LLC lifted its holdings in shares of Schneider National by 0.4% during the fourth quarter. GW&K Investment Management LLC now owns 723,045 shares of the company’s stock valued at $20,650,000 after acquiring an additional 2,640 shares during the period. Farmers & Merchants Investments Inc. increased its stake in shares of Schneider National by 1.8% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 153,217 shares of the company’s stock valued at $4,376,000 after buying an additional 2,757 shares in the last quarter. Macquarie Group Ltd. increased its stake in shares of Schneider National by 3.9% in the third quarter. Macquarie Group Ltd. now owns 89,845 shares of the company’s stock valued at $2,273,000 after buying an additional 3,339 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Schneider National by 3.9% in the third quarter. Bank of New York Mellon Corp now owns 109,398 shares of the company’s stock valued at $2,768,000 after buying an additional 4,132 shares in the last quarter. Finally, GSA Capital Partners LLP increased its stake in shares of Schneider National by 64.3% in the third quarter. GSA Capital Partners LLP now owns 14,783 shares of the company’s stock valued at $374,000 after buying an additional 5,783 shares in the last quarter. 21.28% of the stock is owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Schneider National (NYSE:SNDR)

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