Schneider National, Inc. (NYSE:SNDR) Given Average Rating of "Hold" by Analysts

Schneider National, Inc. (NYSE:SNDR - Get Free Report) has received a consensus rating of "Hold" from the fourteen research firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $27.08.

A number of research firms recently commented on SNDR. JPMorgan Chase & Co. lifted their target price on shares of Schneider National from $24.00 to $30.00 and gave the stock a "neutral" rating in a research note on Friday, August 2nd. The Goldman Sachs Group lowered their target price on shares of Schneider National from $26.00 to $25.00 and set a "neutral" rating for the company in a research note on Wednesday, October 9th. Robert W. Baird lifted their target price on shares of Schneider National from $26.00 to $30.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd. Stifel Nicolaus lowered shares of Schneider National from a "buy" rating to a "hold" rating and set a $25.00 price target for the company. in a research report on Thursday, August 8th. Finally, Citigroup started coverage on shares of Schneider National in a research report on Wednesday, October 9th. They set a "neutral" rating and a $29.00 price target for the company.

Schneider National Stock Up 0.5 %

Shares of NYSE:SNDR traded up $0.13 during trading on Friday, reaching $28.41. The stock had a trading volume of 546,655 shares, compared to its average volume of 497,055. Schneider National has a one year low of $20.50 and a one year high of $29.18. The company has a market capitalization of $4.98 billion, a P/E ratio of 43.71, a PEG ratio of 2.87 and a beta of 0.85. The company has a current ratio of 1.59, a quick ratio of 1.46 and a debt-to-equity ratio of 0.04. The firm's 50-day simple moving average is $27.67 and its 200 day simple moving average is $25.03.

Schneider National (NYSE:SNDR - Get Free Report) last released 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 business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.35 billion. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The company's revenue was down 2.2% compared to the same quarter last year. During the same period last year, the business earned $0.45 EPS. As a group, research analysts expect that Schneider National will post 0.84 EPS for the current fiscal year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be paid a $0.095 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.34%. Schneider National's dividend payout ratio is currently 58.46%.

Institutional Investors Weigh In On Schneider National

Several institutional investors and hedge funds have recently added to or reduced their stakes in SNDR. BNP Paribas Financial Markets boosted its stake in Schneider National by 4,602.7% during the 1st quarter. BNP Paribas Financial Markets now owns 135,862 shares of the company's stock worth $3,076,000 after purchasing an additional 132,973 shares during the last quarter. FORA Capital LLC acquired a new position in shares of Schneider National during the 1st quarter valued at about $510,000. Duality Advisers LP acquired a new position in shares of Schneider National during the 1st quarter valued at about $335,000. Envestnet Portfolio Solutions Inc. boosted its position in shares of Schneider National by 18.6% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 13,662 shares of the company's stock valued at $309,000 after acquiring an additional 2,140 shares during the last quarter. Finally, Quantbot Technologies LP boosted its position in shares of Schneider National by 43.0% during the 1st quarter. Quantbot Technologies LP now owns 80,698 shares of the company's stock valued at $1,827,000 after acquiring an additional 24,278 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company's stock.

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.