FY2024 Earnings Forecast for SNDR Issued By Zacks Research

Schneider National, Inc. (NYSE:SNDR) – Research analysts at Zacks Research dropped their FY2024 earnings per share estimates for shares of Schneider National in a report issued on Wednesday, November 20th. Zacks Research analyst S. Goswami now forecasts that the company will earn $0.71 per share for the year, down from their previous estimate of $0.87. The consensus estimate for Schneider National’s current full-year earnings is $0.70 per share. Zacks Research also issued estimates for Schneider National’s Q4 2024 earnings at $0.21 EPS, Q1 2025 earnings at $0.21 EPS, Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.36 EPS, FY2025 earnings at $1.18 EPS, Q1 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.48 EPS and FY2026 earnings at $1.80 EPS.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion.

Several other equities analysts have also recently issued reports on SNDR. Evercore ISI decreased their price objective on Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a report on Thursday, November 7th. Benchmark increased their price target on shares of Schneider National from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Bank of America upgraded shares of Schneider National from an “underperform” rating to a “buy” rating and upped their price objective for the stock from $27.00 to $34.00 in a research report on Thursday, November 7th. Robert W. Baird increased their target price on shares of Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Finally, TD Cowen increased their price target on Schneider National from $28.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, Schneider National presently has an average rating of “Hold” and a consensus target price of $28.31.

Schneider National Trading Up 0.6 %

Shares of NYSE:SNDR opened at $31.61 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. Schneider National has a 52-week low of $20.50 and a 52-week high of $32.14. The stock has a market cap of $5.54 billion, a price-to-earnings ratio of 50.98, a PEG ratio of 3.81 and a beta of 0.85. The business has a 50-day moving average price of $28.79 and a 200-day moving average price of $26.04.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio is presently 61.29%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SNDR. Innealta Capital LLC acquired a new stake in Schneider National during the 2nd quarter worth $53,000. DekaBank Deutsche Girozentrale acquired a new position in Schneider National during the third quarter worth about $73,000. Hilltop National Bank boosted its position in Schneider National by 28.5% during the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock worth $74,000 after acquiring an additional 676 shares during the last quarter. Quarry LP purchased a new stake in Schneider National during the 3rd quarter valued at about $90,000. Finally, SG Americas Securities LLC acquired a new stake in Schneider National in the 3rd quarter valued at about $109,000. 28.54% of the stock is owned by institutional investors and hedge funds.

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.