Schneider National (NYSE:SNDR) Updates FY 2024 Earnings Guidance

Schneider National (NYSE:SNDR - Get Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.660-0.720 for the period, compared to the consensus earnings per share estimate of 0.820. The company issued revenue guidance of -. Schneider National also updated its FY24 guidance to $0.66-0.72 EPS.

Analyst Ratings Changes

Several equities analysts recently weighed in on SNDR shares. Stifel Nicolaus lowered Schneider National from a "buy" rating to a "hold" rating and set a $25.00 price target for the company. in a research note on Thursday, August 8th. Robert W. Baird increased their target price on Schneider National from $26.00 to $30.00 and gave the company an "outperform" rating in a research report on Friday, August 2nd. UBS Group lifted their price target on shares of Schneider National from $26.00 to $28.00 and gave the company a "buy" rating in a research note on Tuesday, July 9th. The Goldman Sachs Group decreased their price objective on shares of Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a report on Wednesday, October 9th. Finally, Benchmark boosted their target price on shares of Schneider National from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $27.08.

Schneider National Stock Up 4.7 %

SNDR stock traded up $1.36 during mid-day trading on Wednesday, reaching $30.44. The company had a trading volume of 1,190,815 shares, compared to its average volume of 824,301. Schneider National has a fifty-two week low of $20.50 and a fifty-two week high of $30.90. The company has a market capitalization of $5.33 billion, a price-to-earnings ratio of 45.88, a price-to-earnings-growth ratio of 2.90 and a beta of 0.85. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. The firm has a fifty day simple moving average of $27.75 and a 200 day simple moving average of $25.19.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be given a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National's dividend payout ratio (DPR) is presently 58.46%.

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.