Schneider National, Inc. (NYSE:SNDR) Receives $28.43 Average PT from Analysts

Shares of Schneider National, Inc. (NYSE:SNDR) have been assigned an average recommendation of “Hold” from the sixteen analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $28.4286.

A number of research analysts have recently issued reports on the stock. Raymond James Financial upgraded shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 price target on the stock in a research report on Wednesday, December 3rd. Wells Fargo & Company lowered their price objective on shares of Schneider National from $30.00 to $25.00 and set an “equal weight” rating for the company in a research report on Friday, January 30th. Bank of America upgraded shares of Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 price objective on the stock in a research note on Friday, January 9th. National Bank Financial set a $27.00 target price on shares of Schneider National in a report on Friday, February 6th. Finally, Evercore lifted their target price on Schneider National from $21.00 to $30.00 and gave the company an “in-line” rating in a research note on Tuesday, January 13th.

Insiders Place Their Bets

In other Schneider National news, CFO Darrell George Campbell sold 6,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $28.89, for a total value of $173,340.00. Following the sale, the chief financial officer directly owned 66,275 shares in the company, valued at approximately $1,914,684.75. This trade represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 32.68% of the stock is owned by corporate insiders.

Institutional Trading of Schneider National

A number of large investors have recently modified their holdings of SNDR. Amalgamated Bank boosted its stake in Schneider National by 3.2% during the 3rd quarter. Amalgamated Bank now owns 14,768 shares of the company’s stock valued at $312,000 after purchasing an additional 462 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in shares of Schneider National by 5.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,009 shares of the company’s stock valued at $319,000 after purchasing an additional 674 shares during the period. Baker Avenue Asset Management LP raised its holdings in shares of Schneider National by 7.2% during the fourth quarter. Baker Avenue Asset Management LP now owns 11,409 shares of the company’s stock valued at $303,000 after buying an additional 764 shares during the last quarter. Teza Capital Management LLC raised its holdings in shares of Schneider National by 6.2% during the second quarter. Teza Capital Management LLC now owns 13,719 shares of the company’s stock valued at $331,000 after buying an additional 802 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Schneider National by 7.3% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,068 shares of the company’s stock worth $291,000 after buying an additional 821 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Price Performance

Shares of SNDR opened at $23.58 on Tuesday. Schneider National has a 52 week low of $20.11 and a 52 week high of $30.98. The company has a current ratio of 2.13, a quick ratio of 1.95 and a debt-to-equity ratio of 0.13. The firm has a market cap of $4.13 billion, a price-to-earnings ratio of 39.96, a PEG ratio of 0.71 and a beta of 1.06. The stock has a 50 day moving average of $28.07 and a 200-day moving average of $25.29.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 29th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08). The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.45 billion. Schneider National had a net margin of 1.83% and a return on equity of 3.66%. The business’s revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.20 earnings per share. As a group, analysts forecast that Schneider National will post 1.12 EPS for the current year.

Schneider National declared that its Board of Directors has approved a share buyback program on Wednesday, January 28th that authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the company to repurchase up to 2.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Schneider National Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Friday, March 13th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, March 13th. This represents a $0.40 dividend on an annualized basis and a yield of 1.7%. This is an increase from Schneider National’s previous quarterly dividend of $0.10. Schneider National’s payout ratio is presently 67.80%.

Schneider National Company Profile

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.