Brokerages Set Schneider National, Inc. (NYSE:SNDR) Target Price at $27.17

Shares of Schneider National, Inc. (NYSE:SNDR - Get Free Report) have received an average rating of "Hold" from the thirteen research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $27.17.

A number of equities analysts have recently commented on SNDR shares. Susquehanna raised their price objective on shares of Schneider National from $25.00 to $29.00 and gave the stock a "neutral" rating in a report on Thursday, September 26th. Bank of America downgraded shares of Schneider National from a "neutral" rating to an "underperform" rating and set a $23.00 price objective for the company. in a report on Monday, July 22nd. Stifel Nicolaus downgraded shares of Schneider National from a "buy" rating to a "hold" rating and set a $25.00 price objective for the company. in a report on Thursday, August 8th. Robert W. Baird raised their price objective on shares of Schneider National from $26.00 to $30.00 and gave the stock an "outperform" rating in a report on Friday, August 2nd. Finally, JPMorgan Chase & Co. increased their target price on shares of Schneider National from $24.00 to $30.00 and gave the stock a "neutral" rating in a research report on Friday, August 2nd.

Insider Buying and Selling at Schneider National

In other Schneider National news, insider Shaleen Devgun sold 10,000 shares of the firm's stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $27.60, for a total value of $276,000.00. Following the completion of the sale, the insider now owns 55,726 shares in the company, valued at approximately $1,538,037.60. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 32.68% of the company's stock.

Institutional Investors Weigh In On Schneider National

Several institutional investors have recently modified their holdings of SNDR. Innealta Capital LLC acquired a new stake in shares of Schneider National during the 2nd quarter worth approximately $53,000. Hilltop National Bank grew its position in shares of Schneider National by 28.5% during the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company's stock worth $74,000 after buying an additional 676 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Schneider National during the 3rd quarter worth approximately $109,000. Covestor Ltd grew its position in shares of Schneider National by 51.9% during the 1st quarter. Covestor Ltd now owns 7,661 shares of the company's stock worth $173,000 after buying an additional 2,617 shares during the period. Finally, FCG Investment Co bought a new position in Schneider National during the 1st quarter worth approximately $205,000. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Stock Performance

Schneider National stock traded up $0.10 during mid-day trading on Tuesday, reaching $27.48. The company had a trading volume of 431,926 shares, compared to its average volume of 853,680. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04. Schneider National has a 52 week low of $20.50 and a 52 week high of $29.01. The company has a 50 day moving average of $27.36 and a 200-day moving average of $24.34. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 31.23, a PEG ratio of 2.54 and a beta of 0.85.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.03. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.35 billion. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The business's revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.45 EPS. On average, sell-side analysts expect that Schneider National will post 0.85 EPS for the current fiscal year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 8th. Shareholders of record on Friday, September 13th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.38%. The ex-dividend date is Friday, September 13th. Schneider National's payout ratio is presently 43.18%.

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.