Schneider National (SNDR) Projected to Post Quarterly Earnings on Thursday

Schneider National (NYSE:SNDR - Get Free Report) is expected to be announcing its earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $1,364,302.12 billion for the quarter. Schneider National has set its FY24 guidance at $0.66-0.72 EPS and its FY 2024 guidance at 0.660-0.720 EPS.Investors that wish to listen to the company's conference call can do so using this link.

Schneider National (NYSE:SNDR - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts' expectations of $1.33 billion. On average, analysts expect Schneider National to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Schneider National Stock Performance

SNDR stock traded down $0.04 on Thursday, hitting $29.75. The company had a trading volume of 942,616 shares, compared to its average volume of 823,644. Schneider National has a 12-month low of $20.50 and a 12-month high of $33.90. 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 stock's 50-day simple moving average is $30.48 and its 200 day simple moving average is $28.41. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 47.99, a P/E/G ratio of 1.90 and a beta of 0.93.

Schneider National Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 13th were issued 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 dividend payout ratio is currently 61.29%.

Insiders Place Their Bets

In other Schneider National news, COO Mark B. Rourke sold 32,057 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total value of $1,061,086.70. Following the sale, the chief operating officer now owns 266,887 shares in the company, valued at $8,833,959.70. The trade was a 10.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Shaleen Devgun sold 10,000 shares of the business's stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $29.04, for a total transaction of $290,400.00. Following the completion of the sale, the insider now owns 95,191 shares in the company, valued at approximately $2,764,346.64. This trade represents a 9.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 66,555 shares of company stock worth $2,153,011 in the last 90 days. 32.68% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SNDR. JPMorgan Chase & Co. dropped 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. Benchmark lifted their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Wednesday, November 27th. TD Cowen lifted their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Bank of America lifted their price target on shares of Schneider National from $35.00 to $38.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. Finally, The Goldman Sachs Group dropped 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. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target 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.