Schneider National, Inc. (NYSE:SNDR) Plans $0.10 Quarterly Dividend

Schneider National, Inc. (NYSE:SNDR - Get Free Report) declared a quarterly dividend on Wednesday, January 29th,RTT News reports. Shareholders of record on Wednesday, April 9th will be given a dividend of 0.095 per share on Friday, March 14th. This represents a $0.38 annualized dividend and a dividend yield of 1.26%.

Schneider National has raised its dividend by an average of 10.7% annually over the last three years. Schneider National has a dividend payout ratio of 21.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Schneider National to earn $1.14 per share next year, which means the company should continue to be able to cover its $0.38 annual dividend with an expected future payout ratio of 33.3%.

Schneider National Stock Performance

Shares of NYSE:SNDR traded up $0.38 on Thursday, hitting $30.16. The company had a trading volume of 1,420,602 shares, compared to its average volume of 875,053. Schneider National has a 1-year low of $20.50 and a 1-year high of $33.90. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of 48.65, a P/E/G ratio of 1.90 and a beta of 0.93. The stock has a 50 day moving average price of $30.40 and a 200 day moving average price of $28.62. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. During the same period in the prior year, the firm earned $0.16 EPS. Analysts expect that Schneider National will post 0.7 EPS for the current year.

Insider Activity

In related news, EVP Thomas G. Jackson sold 18,248 shares of Schneider National stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total transaction of $603,461.36. Following the sale, the executive vice president now directly owns 66,526 shares in the company, valued at $2,200,014.82. This trade represents a 21.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Mark B. Rourke sold 32,057 shares of Schneider National stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the sale, the chief operating officer now owns 266,887 shares in the company, valued at approximately $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 66,555 shares of company stock worth $2,153,011. Corporate insiders own 32.68% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently commented on SNDR. JPMorgan Chase & Co. decreased their price target on shares of Schneider National from $30.00 to $29.00 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. Stifel Nicolaus upped their price target on shares of Schneider National from $28.00 to $31.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. The Goldman Sachs Group decreased their price target on shares of Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 9th. Bank of America upped their price objective on shares of Schneider National from $35.00 to $38.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Finally, TD Cowen upped their price objective 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. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $29.38.

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.