Schneider National, Inc. (NYSE:SNDR) Given Consensus Rating of “Hold” by Brokerages

Shares of Schneider National, Inc. (NYSE:SNDR) have received an average rating of “Hold” from the fourteen research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $29.08.

SNDR has been the subject of several analyst reports. Evercore ISI dropped their target price on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research report on Thursday, November 7th. Citigroup cut Schneider National from a “neutral” rating to a “sell” rating and cut their target price for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. Susquehanna reduced their target price on Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. The Goldman Sachs Group lowered their price target on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Finally, Stifel Nicolaus raised their price objective on Schneider National from $25.00 to $27.00 and gave the company a “hold” rating in a research note on Monday, November 11th.

Schneider National Price Performance

Schneider National stock opened at $33.61 on Wednesday. The stock’s fifty day moving average price is $29.26 and its two-hundred day moving average price is $26.41. The firm has a market cap of $5.89 billion, a PE ratio of 54.21, a price-to-earnings-growth ratio of 2.91 and a beta of 0.85. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. Schneider National has a one year low of $20.50 and a one year high of $33.90.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. As a group, research analysts expect that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is currently 61.29%.

Institutional Investors Weigh In On Schneider National

A number of institutional investors have recently added to or reduced their stakes in SNDR. Deprince Race & Zollo Inc. bought a new stake in shares of Schneider National in the 2nd quarter valued at about $30,072,000. State Street Corp boosted its holdings in Schneider National by 75.4% in the third quarter. State Street Corp now owns 1,730,769 shares of the company’s stock valued at $49,545,000 after acquiring an additional 743,800 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Schneider National during the 2nd quarter valued at approximately $15,216,000. Encompass Capital Advisors LLC bought a new position in Schneider National during the 2nd quarter worth approximately $12,376,000. Finally, Earnest Partners LLC raised its holdings in Schneider National by 25.5% during the 2nd quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock worth $52,334,000 after purchasing an additional 440,545 shares during the last quarter. 28.54% of the stock is 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.