Schneider National, Inc. (NYSE:SNDR - Get Free Report) has earned an average rating of "Hold" from the fourteen ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $29.15.
A number of equities analysts have recently commented on SNDR shares. Benchmark raised their price objective on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Stifel Nicolaus raised their price target on shares of Schneider National from $27.00 to $28.00 and gave the stock a "hold" rating in a research note on Wednesday. Evercore ISI dropped their target price on Schneider National from $27.00 to $26.00 and set an "in-line" rating for the company in a report on Thursday, November 7th. The Goldman Sachs Group cut their target price on Schneider National from $26.00 to $25.00 and set a "neutral" rating for the company in a research report on Wednesday, October 9th. Finally, Citigroup cut Schneider National from a "neutral" rating to a "sell" rating and lowered their price target for the company from $32.00 to $30.00 in a research report on Tuesday, November 12th.
Get Our Latest Report on Schneider National
Schneider National Stock Performance
SNDR stock traded down $0.99 during trading on Thursday, reaching $29.74. 2,701,945 shares of the stock were exchanged, compared to its average volume of 612,981. The stock has a 50 day simple moving average of $30.61 and a 200-day simple moving average of $28.28. 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 company has a market capitalization of $5.21 billion, a P/E ratio of 47.97, a price-to-earnings-growth ratio of 1.76 and a beta of 0.93. Schneider National has a twelve month low of $20.50 and a twelve month high of $33.90.
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). The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. As a group, sell-side 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 was paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th were given a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.28%. The ex-dividend date was Friday, December 13th. Schneider National's payout ratio is presently 61.29%.
Insiders Place Their Bets
In related news, COO Mark B. Rourke sold 32,057 shares of the firm's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total value of $1,061,086.70. Following the transaction, the chief operating officer now owns 266,887 shares in the company, valued at $8,833,959.70. This trade represents a 10.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the completion of the sale, the insider now owns 95,191 shares of the company's stock, valued at approximately $2,764,346.64. The trade was a 9.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 66,555 shares of company stock valued at $2,153,011. Insiders own 18.83% of the company's stock.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its stake in shares of Schneider National by 52.6% in the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after purchasing an additional 450 shares during the period. Future Financial Wealth Managment LLC bought a new stake in Schneider National in the fourth quarter valued at about $59,000. DekaBank Deutsche Girozentrale acquired a new position in Schneider National in the third quarter valued at about $73,000. Quarry LP bought a new position in Schneider National during the third quarter worth about $90,000. Finally, SG Americas Securities LLC acquired a new position in shares of Schneider National during the 3rd quarter worth about $109,000. 28.54% of the stock is currently owned by institutional investors and hedge funds.
Schneider National Company Profile
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Get Free ReportSchneider 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.
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