Schneider National (NYSE:SNDR) Given New $25.00 Price Target at Stifel Nicolaus

Schneider National (NYSE:SNDR) had its target price cut by Stifel Nicolaus from $27.00 to $25.00 in a research note issued to investors on Thursday morning, Benzinga reports. They currently have a buy rating on the stock.

SNDR has been the subject of several other research reports. TD Cowen cut their price target on Schneider National from $28.00 to $26.00 and set an outperform rating for the company in a research note on Friday, February 2nd. Bank of America reduced their target price on shares of Schneider National from $25.00 to $23.00 and set a neutral rating for the company in a research note on Monday. Susquehanna dropped their price target on shares of Schneider National from $27.00 to $25.00 and set a neutral rating on the stock in a research note on Monday, March 25th. Stephens reaffirmed an equal weight rating and issued a $28.00 price objective on shares of Schneider National in a report on Monday, February 5th. Finally, Benchmark reissued a buy rating and set a $27.00 target price on shares of Schneider National in a report on Friday, April 12th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Schneider National currently has an average rating of Hold and an average price target of $28.07.

Schneider National Price Performance

Shares of NYSE:SNDR opened at $20.72 on Thursday. The company has a market capitalization of $3.65 billion, a P/E ratio of 15.58, a price-to-earnings-growth ratio of 1.33 and a beta of 0.89. The company’s 50-day moving average is $22.77 and its 200 day moving average is $23.98. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.83. Schneider National has a fifty-two week low of $20.50 and a fifty-two week high of $31.74.

Schneider National (NYSE:SNDR) last released its earnings results on Thursday, February 1st. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.35 billion. Schneider National had a net margin of 4.34% and a return on equity of 8.23%. The firm’s revenue was down 12.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.64 earnings per share. On average, equities research analysts forecast that Schneider National will post 1.13 earnings per share for the current year.

Schneider National Increases Dividend

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

Institutional Investors Weigh In On Schneider National

Hedge funds have recently bought and sold shares of the stock. MetLife Investment Management LLC bought a new stake in shares of Schneider National during the 1st quarter worth $26,000. Bruce G. Allen Investments LLC purchased a new stake in Schneider National in the fourth quarter worth approximately $29,000. Whittier Trust Co. bought a new position in Schneider National during the third quarter valued at approximately $35,000. Winch Advisory Services LLC lifted its holdings in shares of Schneider National by 61.6% in the 3rd quarter. Winch Advisory Services LLC now owns 1,320 shares of the company’s stock worth $37,000 after acquiring an additional 503 shares during the last quarter. Finally, Quarry LP raised its position in Schneider National by 252.2% in the 1st quarter. Quarry LP now owns 1,627 shares of the company’s stock worth $44,000 after purchasing an additional 1,165 shares during the period. 28.54% of the stock is currently owned by 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.