Schneider National, Inc. (NYSE:SNDR) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Schneider National, Inc. (NYSE:SNDR) have been assigned an average rating of “Hold” from the fourteen analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $29.15.

A number of equities research analysts have commented on SNDR shares. Stifel Nicolaus increased their target price on Schneider National from $27.00 to $28.00 and gave the company a “hold” rating in a report on Wednesday. The Goldman Sachs Group decreased their price objective on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Bank of America boosted their target price on shares of Schneider National from $35.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Evercore ISI decreased their price target on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research note on Thursday, November 7th. Finally, TD Cowen boosted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th.

Insiders Place Their Bets

In other news, EVP Thomas G. Jackson sold 18,248 shares of Schneider National stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the transaction, the executive vice president now directly owns 66,526 shares of the company’s stock, valued at $2,200,014.82. The trade was a 21.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $29.04, for a total transaction of $290,400.00. Following the sale, the insider now directly owns 95,191 shares of the company’s stock, valued at approximately $2,764,346.64. This trade represents a 9.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 66,555 shares of company stock valued at $2,153,011 over the last quarter. Company insiders own 32.68% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Deprince Race & Zollo Inc. purchased a new position in shares of Schneider National in the 2nd quarter valued at $30,072,000. State Street Corp increased its holdings in Schneider National by 75.4% in the 3rd quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after purchasing an additional 743,800 shares in the last quarter. Encompass Capital Advisors LLC acquired a new stake in Schneider National in the 2nd quarter valued at $12,376,000. Earnest Partners LLC raised its position in Schneider National by 25.5% in the second quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock valued at $52,334,000 after purchasing an additional 440,545 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Schneider National during the third quarter worth about $9,157,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Price Performance

Shares of NYSE SNDR opened at $30.44 on Thursday. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The company’s 50-day moving average price is $30.64 and its 200 day moving average price is $28.18. Schneider National has a 52 week low of $20.50 and a 52 week high of $33.90. The stock has a market cap of $5.33 billion, a price-to-earnings ratio of 49.10, a PEG ratio of 3.24 and a beta of 0.93.

Schneider National (NYSE:SNDR) last announced its quarterly 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 net margin of 2.10% and a return on equity of 3.92%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. As a group, research analysts forecast that Schneider National will post 0.7 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 13th were given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.25%. The ex-dividend date was Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is 61.29%.

Schneider National Company Profile

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.