Analysts Set Schneider National, Inc. (NYSE:SNDR) Target Price at $28.21

Shares of Schneider National, Inc. (NYSE:SNDR) have received an average recommendation of “Hold” from the thirteen ratings firms that are covering the firm, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $28.07.

SNDR has been the topic of several analyst reports. Robert W. Baird cut their target price on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating on the stock in a report on Thursday, April 4th. Benchmark reiterated a “buy” rating and set a $27.00 target price on shares of Schneider National in a report on Friday, April 12th. Susquehanna lowered their price target on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, March 25th. Bank of America cut their price objective on Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a report on Monday. Finally, Stifel Nicolaus cut their price target on shares of Schneider National from $27.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday.

Schneider National Stock Up 0.3 %

Shares of NYSE SNDR opened at $20.72 on Tuesday. Schneider National has a 1 year low of $20.50 and a 1 year high of $31.74. The firm’s 50-day moving average is $22.77 and its 200-day moving average is $23.98. The company has a current ratio of 1.83, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $3.65 billion, a PE ratio of 15.58, a price-to-earnings-growth ratio of 1.39 and a beta of 0.89.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, February 1st. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). Schneider National had a net margin of 4.34% and a return on equity of 8.23%. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same period in the previous year, the business posted $0.64 earnings per share. Schneider National’s revenue was down 12.2% compared to the same quarter last year. Equities analysts expect that Schneider National will post 1.13 EPS for the current year.

Schneider National Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Investors of record on Friday, March 8th were given a dividend of $0.095 per share. The ex-dividend date was Thursday, March 7th. This is a boost from Schneider National’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a yield of 1.83%. Schneider National’s dividend payout ratio is 28.57%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SNDR. Vanguard Group Inc. increased its holdings in Schneider National by 5.4% during the first quarter. Vanguard Group Inc. now owns 4,816,076 shares of the company’s stock worth $122,810,000 after buying an additional 244,894 shares during the last quarter. BlackRock Inc. increased its stake in shares of Schneider National by 3.0% during the 3rd quarter. BlackRock Inc. now owns 4,280,609 shares of the company’s stock worth $86,896,000 after purchasing an additional 124,043 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Schneider National by 4.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,405,619 shares of the company’s stock valued at $86,675,000 after purchasing an additional 130,426 shares during the period. AQR Capital Management LLC lifted its stake in Schneider National by 8.2% in the 4th quarter. AQR Capital Management LLC now owns 3,008,023 shares of the company’s stock valued at $70,388,000 after purchasing an additional 227,164 shares during the last quarter. Finally, Morgan Stanley grew its holdings in Schneider National by 14.3% during the fourth quarter. Morgan Stanley now owns 2,379,638 shares of the company’s stock worth $55,684,000 after purchasing an additional 297,850 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

About Schneider National

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.