Schneider National Inc (SNDR) Expected to Announce Earnings of $0.46 Per Share

Wall Street analysts forecast that Schneider National Inc (NYSE:SNDR) will post earnings of $0.46 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Schneider National’s earnings, with the lowest EPS estimate coming in at $0.45 and the highest estimate coming in at $0.48. Schneider National posted earnings per share of $0.33 during the same quarter last year, which indicates a positive year-over-year growth rate of 39.4%. The business is expected to report its next quarterly earnings report on Thursday, February 7th.

On average, analysts expect that Schneider National will report full year earnings of $1.52 per share for the current fiscal year, with EPS estimates ranging from $1.50 to $1.54. For the next financial year, analysts anticipate that the firm will post earnings of $1.75 per share, with EPS estimates ranging from $1.70 to $1.80. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that that provide coverage for Schneider National.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, November 1st. The company reported $0.40 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.40. Schneider National had a net margin of 9.66% and a return on equity of 12.53%. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same period last year, the company posted $0.23 EPS. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year.



A number of research firms have recently weighed in on SNDR. Zacks Investment Research downgraded shares of Schneider National from a “buy” rating to a “hold” rating in a research note on Wednesday, November 7th. Bank of America cut their target price on shares of Schneider National from $27.00 to $25.00 and set an “underperform” rating on the stock in a research report on Friday, November 2nd. Robert W. Baird cut their target price on shares of Schneider National from $29.00 to $28.00 and set an “outperform” rating on the stock in a research report on Friday, November 2nd. JPMorgan Chase & Co. cut their target price on shares of Schneider National from $28.00 to $27.00 and set an “overweight” rating on the stock in a research report on Friday, November 2nd. Finally, Citigroup cut their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Friday, November 2nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $29.00.

In other news, Director James L. Welch purchased 2,000 shares of the stock in a transaction on Tuesday, November 6th. The stock was purchased at an average price of $22.37 per share, for a total transaction of $44,740.00. Following the acquisition, the director now owns 5,472 shares in the company, valued at $122,408.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Stephen L. Bruffett purchased 20,000 shares of the stock in a transaction on Tuesday, November 6th. The shares were purchased at an average price of $22.44 per share, with a total value of $448,800.00. Following the acquisition, the chief financial officer now owns 29,480 shares in the company, valued at approximately $661,531.20. The disclosure for this purchase can be found here. 43.46% of the stock is owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in SNDR. State of Alaska Department of Revenue bought a new position in Schneider National during the 3rd quarter worth approximately $126,000. BlueMountain Capital Management LLC bought a new position in Schneider National during the 2nd quarter worth approximately $135,000. Signet Financial Management LLC bought a new position in Schneider National during the 2nd quarter worth approximately $135,000. Stevens Capital Management LP bought a new position in Schneider National during the 3rd quarter worth approximately $208,000. Finally, Convergence Investment Partners LLC bought a new position in Schneider National during the 2nd quarter worth approximately $213,000. Hedge funds and other institutional investors own 23.77% of the company’s stock.

SNDR opened at $20.39 on Tuesday. Schneider National has a 1-year low of $19.68 and a 1-year high of $30.52. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.23 and a current ratio of 2.34. The company has a market capitalization of $3.57 billion, a PE ratio of 21.69, a P/E/G ratio of 1.02 and a beta of 1.32.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 7th. Investors of record on Friday, December 14th will be given a dividend of $0.06 per share. The ex-dividend date is Thursday, December 13th. This represents a $0.24 annualized dividend and a yield of 1.18%. Schneider National’s dividend payout ratio is presently 25.53%.

Schneider National Company Profile

Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.

Read More: How can investors find ex-dividend dates?

Get a free copy of the Zacks research report on Schneider National (SNDR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Schneider National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider National and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply