Schneider National (NYSE:SNDR) Price Target Lowered to $31.00 at Benchmark

Schneider National (NYSE:SNDR) had its price objective lowered by Benchmark from $34.00 to $31.00 in a report released on Monday,Benzinga reports. The firm currently has a buy rating on the stock.

A number of other research firms have also weighed in on SNDR. National Bankshares set a $25.00 price objective on Schneider National in a research report on Friday, March 28th. Stifel Nicolaus raised their price target on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, January 23rd. Wells Fargo & Company dropped their price target on shares of Schneider National from $32.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 27th. Stephens reissued an “equal weight” rating and set a $30.00 price objective (down from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Finally, Susquehanna decreased their target price on shares of Schneider National from $32.00 to $24.00 and set a “neutral” rating for the company in a report on Wednesday, March 26th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $27.14.

Schneider National Stock Up 1.3 %

NYSE:SNDR opened at $22.58 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The firm’s 50-day moving average price is $24.78 and its 200-day moving average price is $27.98. The company has a market capitalization of $3.96 billion, a PE ratio of 34.74, a P/E/G ratio of 0.54 and a beta of 1.10. Schneider National has a 1-year low of $20.50 and a 1-year high of $33.90.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same period in the previous year, the firm earned $0.16 EPS. On average, equities analysts predict that Schneider National will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Friday, March 14th were issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend was Friday, March 14th. Schneider National’s dividend payout ratio is currently 58.46%.

Institutional Investors Weigh In On Schneider National

A number of hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC grew its holdings in shares of Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after acquiring an additional 450 shares during the period. Huntington National Bank boosted its position in Schneider National by 237.9% in the fourth quarter. Huntington National Bank now owns 1,416 shares of the company’s stock worth $41,000 after purchasing an additional 997 shares during the last quarter. SRS Capital Advisors Inc. boosted its position in Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock worth $42,000 after purchasing an additional 612 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Schneider National by 489.1% during the 4th quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after purchasing an additional 1,350 shares during the period. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of Schneider National in the 4th quarter worth approximately $48,000. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

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.