Stifel Nicolaus Boosts Schneider National (NYSE:SNDR) Price Target to $27.00

Schneider National (NYSE:SNDR) had its price objective lifted by Stifel Nicolaus from $25.00 to $27.00 in a research report sent to investors on Monday morning,Benzinga reports. Stifel Nicolaus currently has a hold rating on the stock.

SNDR has been the topic of a number of other research reports. Susquehanna cut their target price on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Bank of America raised shares of Schneider National from an “underperform” rating to a “buy” rating and boosted their price objective for the stock from $27.00 to $34.00 in a research note on Thursday, November 7th. JPMorgan Chase & Co. dropped their target price on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. TD Cowen boosted 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. Finally, Benchmark raised their price objective on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Schneider National presently has a consensus rating of “Hold” and a consensus price target of $28.31.

Schneider National Stock Down 1.4 %

Shares of NYSE SNDR opened at $31.26 on Monday. The stock has a 50 day moving average price of $28.25 and a 200 day moving average price of $25.58. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of 50.42, a PEG ratio of 3.85 and a beta of 0.85. Schneider National has a 52-week low of $20.50 and a 52-week high of $32.14. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR) last issued its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.05). The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. Sell-side analysts expect that Schneider National will post 0.7 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors 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 yield of 1.22%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Innealta Capital LLC purchased a new stake in shares of Schneider National during the second quarter valued at $53,000. DekaBank Deutsche Girozentrale purchased a new stake in Schneider National during the 3rd quarter valued at about $73,000. Hilltop National Bank increased its holdings in shares of Schneider National by 28.5% in the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after purchasing an additional 676 shares during the period. SG Americas Securities LLC purchased a new position in shares of Schneider National in the third quarter worth about $109,000. Finally, Hills Bank & Trust Co acquired a new stake in shares of Schneider National during the third quarter worth about $112,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

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.