Brokerages Set Schneider National, Inc. (NYSE:SNDR) Target Price at $29.08

Schneider National, Inc. (NYSE:SNDR) has been assigned an average rating of “Hold” from the fourteen analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $29.08.

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Stifel Nicolaus upped their target price on shares of Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. The Goldman Sachs Group reduced their price target on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and lowered their price target for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Finally, Evercore ISI cut 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.

Insiders Place Their Bets

In related news, COO Mark B. Rourke sold 32,057 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total value of $1,061,086.70. Following the completion of the sale, the chief operating officer now directly owns 266,887 shares in the company, valued at $8,833,959.70. The trade was a 10.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Thomas G. Jackson sold 18,248 shares of the stock in a transaction on 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 owns 66,526 shares in the company, valued at $2,200,014.82. The trade was a 21.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 56,555 shares of company stock valued at $1,862,611 over the last ninety days. 18.83% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Schneider National

A number of institutional investors have recently modified their holdings of the business. Innealta Capital LLC acquired a new position in Schneider National in the 2nd quarter valued at $53,000. DekaBank Deutsche Girozentrale bought a new position in shares of Schneider National in the third quarter worth $73,000. Quarry LP acquired a new position in Schneider National in the third quarter valued at about $90,000. SG Americas Securities LLC bought a new stake in Schneider National during the third quarter worth about $109,000. Finally, Hills Bank & Trust Co acquired a new stake in Schneider National during the third quarter worth about $112,000. Institutional investors own 28.54% of the company’s stock.

Schneider National Stock Up 0.7 %

Shares of NYSE SNDR opened at $29.36 on Friday. Schneider National has a 52-week low of $20.50 and a 52-week high of $33.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The stock has a market cap of $5.14 billion, a P/E ratio of 47.35, a P/E/G ratio of 3.24 and a beta of 0.89. The firm has a 50 day moving average price of $30.32 and a 200 day moving average price of $27.47.

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

Schneider National Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.29%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio 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.