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

Shares of Schneider National, Inc. (NYSE:SNDR) have earned a consensus rating of “Hold” from the fourteen ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $29.08.

SNDR has been the topic of a number of recent analyst reports. Susquehanna dropped their price target on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Citigroup downgraded shares of Schneider National from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $32.00 to $30.00 in a report on Tuesday, November 12th. TD Cowen boosted their target price on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Evercore ISI lowered their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. cut their price objective on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th.

Schneider National Stock Down 0.2 %

SNDR stock opened at $29.54 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The firm has a market cap of $5.17 billion, a PE ratio of 47.65, a PEG ratio of 3.24 and a beta of 0.90. Schneider National has a 1 year low of $20.50 and a 1 year high of $33.90. The company has a fifty day simple moving average of $30.40 and a 200 day simple moving average of $27.58.

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

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.095 per share. The ex-dividend date is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.29%. Schneider National’s dividend payout ratio is currently 61.29%.

Insider Activity

In related news, CAO Robert M. Reich, Jr. sold 6,250 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total value of $198,062.50. Following the sale, the chief accounting officer now owns 155,366 shares of the company’s stock, valued at $4,923,548.54. The trade was a 3.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas G. Jackson sold 18,248 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the transaction, the executive vice president now owns 66,526 shares of the company’s stock, valued at $2,200,014.82. This represents a 21.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 66,555 shares of company stock worth $2,153,011. 32.68% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Schneider National

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its holdings in shares of Schneider National by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after buying an additional 493 shares in the last quarter. Susquehanna Fundamental Investments LLC grew its position in Schneider National by 1.8% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 76,449 shares of the company’s stock worth $1,847,000 after acquiring an additional 1,341 shares during the last quarter. Oppenheimer Asset Management Inc. increased its holdings in Schneider National by 1.3% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 114,941 shares of the company’s stock valued at $3,280,000 after purchasing an additional 1,424 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Schneider National by 7.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 20,341 shares of the company’s stock valued at $491,000 after purchasing an additional 1,435 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Schneider National by 11.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,598 shares of the company’s stock worth $417,000 after purchasing an additional 1,465 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

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.