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

Schneider National, Inc. (NYSE:SNDR - Get Free Report) has been assigned a consensus rating of "Hold" from the fourteen ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $29.08.

Several research firms have recently issued reports on SNDR. TD Cowen raised their price target on shares of Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Stifel Nicolaus raised their target price on Schneider National from $25.00 to $27.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. Benchmark upped their price target on Schneider National from $32.00 to $34.00 and gave the company a "buy" rating in a research report on Wednesday, November 27th. Bank of America increased their price target on Schneider National from $35.00 to $38.00 and gave the company a "buy" rating in a research note on Tuesday, November 26th. Finally, The Goldman Sachs Group cut their price objective on Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 9th.

Insider Activity

In related news, COO Mark B. Rourke sold 32,057 shares of the business's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the transaction, the chief operating officer now directly owns 266,887 shares in the company, valued at approximately $8,833,959.70. The trade was a 10.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Thomas G. Jackson sold 18,248 shares of Schneider National stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total transaction of $603,461.36. Following the transaction, the executive vice president now directly owns 66,526 shares in the company, valued at approximately $2,200,014.82. This represents a 21.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 56,555 shares of company stock worth $1,862,611 over the last 90 days. 32.68% of the stock is currently owned by corporate insiders.

Institutional Trading of Schneider National

Several hedge funds have recently added to or reduced their stakes in SNDR. Principal Financial Group Inc. bought a new stake in shares of Schneider National in the third quarter valued at $6,327,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Schneider National by 15.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company's stock valued at $3,724,000 after acquiring an additional 17,573 shares during the period. Hotchkis & Wiley Capital Management LLC purchased a new stake in Schneider National during the third quarter valued at about $9,157,000. Louisiana State Employees Retirement System bought a new position in Schneider National during the third quarter worth about $648,000. Finally, GSA Capital Partners LLP purchased a new position in shares of Schneider National in the third quarter worth about $713,000. Institutional investors own 28.54% of the company's stock.

Schneider National Price Performance

Shares of Schneider National stock traded down $0.44 during trading on Friday, reaching $28.94. 1,592,484 shares of the company's stock were exchanged, compared to its average volume of 827,363. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National has a 1-year low of $20.50 and a 1-year high of $33.90. The company has a market cap of $5.07 billion, a P/E ratio of 46.68, a PEG ratio of 3.24 and a beta of 0.90. The firm's 50-day moving average price is $30.26 and its 200 day moving average price is $27.34.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (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 for the quarter, compared to analyst estimates of $1.33 billion. As a group, research analysts anticipate that Schneider National will post 0.7 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National's dividend payout ratio is currently 61.29%.

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.