Schneider National (NYSE:SNDR) Hits New 1-Year Low at $20.56

Schneider National, Inc. (NYSE:SNDRGet Rating)’s share price reached a new 52-week low on Friday . The stock traded as low as $20.56 and last traded at $20.62, with a volume of 9004 shares changing hands. The stock had previously closed at $21.13.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Citigroup set a $26.00 target price on Schneider National in a report on Tuesday, July 19th. Evercore ISI upgraded Schneider National from an “in-line” rating to an “outperform” rating and set a $28.00 price objective on the stock in a research report on Monday, August 22nd. Finally, Credit Suisse Group initiated coverage on Schneider National in a research report on Monday, June 27th. They issued an “outperform” rating and a $32.00 price objective on the stock. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Schneider National currently has a consensus rating of “Hold” and an average target price of $28.73.

Schneider National Price Performance

The company has a 50-day moving average of $23.56 and a two-hundred day moving average of $23.60. The stock has a market capitalization of $3.66 billion, a PE ratio of 8.06, a P/E/G ratio of 1.04 and a beta of 1.01. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.00 and a quick ratio of 1.96.

Schneider National (NYSE:SNDRGet Rating) last released its earnings results on Thursday, July 28th. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.04. Schneider National had a return on equity of 19.34% and a net margin of 7.30%. The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.68 billion. During the same period in the prior year, the business posted $0.60 earnings per share. The firm’s revenue for the quarter was up 28.4% compared to the same quarter last year. Sell-side analysts predict that Schneider National, Inc. will post 2.68 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, October 10th. Shareholders of record on Friday, September 9th will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, September 8th. This represents a $0.32 annualized dividend and a yield of 1.56%. Schneider National’s dividend payout ratio is presently 12.21%.

Institutional Investors Weigh In On Schneider National

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. US Bancorp DE grew its stake in shares of Schneider National by 0.4% in the first quarter. US Bancorp DE now owns 121,146 shares of the company’s stock valued at $3,089,000 after buying an additional 438 shares in the last quarter. Brinker Capital Investments LLC grew its stake in Schneider National by 1.2% during the 1st quarter. Brinker Capital Investments LLC now owns 37,408 shares of the company’s stock valued at $954,000 after purchasing an additional 450 shares in the last quarter. Fox Run Management L.L.C. grew its stake in Schneider National by 5.5% during the 2nd quarter. Fox Run Management L.L.C. now owns 9,028 shares of the company’s stock valued at $202,000 after purchasing an additional 472 shares in the last quarter. HighTower Advisors LLC grew its stake in Schneider National by 4.3% during the 4th quarter. HighTower Advisors LLC now owns 12,833 shares of the company’s stock valued at $339,000 after purchasing an additional 533 shares in the last quarter. Finally, CWM LLC grew its stake in Schneider National by 55.7% during the 2nd quarter. CWM LLC now owns 1,549 shares of the company’s stock valued at $35,000 after purchasing an additional 554 shares in the last quarter. 27.72% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Company Profile

(Get Rating)

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. The company operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers standard long-haul and regional shipping services primarily through dry van, bulk, temperature-controlled, and flat-bed equipment, as well as cross dock and customized solutions for time-sensitive loads.

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