Stifel Nicolaus Forecasts Strong Price Appreciation for Schneider National (NYSE:SNDR) Stock

Schneider National (NYSE:SNDR - Free Report) had its price target raised by Stifel Nicolaus from $27.00 to $28.00 in a report published on Wednesday,Benzinga reports. They currently have a hold rating on the stock.

A number of other equities research analysts have also issued reports on SNDR. Bank of America raised their price target on Schneider National from $35.00 to $38.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. The Goldman Sachs Group lowered their price objective on shares of Schneider National from $26.00 to $25.00 and set a "neutral" rating for the company in a research report on Wednesday, October 9th. Susquehanna cut their price target on Schneider National from $29.00 to $26.00 and set a "neutral" rating on the stock in a research note on Thursday, November 7th. TD Cowen upped their target price on Schneider National from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Tuesday, November 26th. Finally, Citigroup cut shares of 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 report on Tuesday, November 12th. One research 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.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $29.15.

Schneider National Price Performance

Shares of NYSE SNDR traded up $1.13 during mid-day trading on Wednesday, hitting $30.44. 692,641 shares of the company's stock traded hands, compared to its average volume of 677,460. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. Schneider National has a 1 year low of $20.50 and a 1 year high of $33.90. The company's 50-day moving average is $30.64 and its two-hundred day moving average is $28.18. The company has a market capitalization of $5.33 billion, a P/E ratio of 49.10, a PEG ratio of 3.24 and a beta of 0.93.

Schneider National (NYSE:SNDR - Get Free Report) last released 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). The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. On average, equities analysts anticipate that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th were paid a $0.095 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.25%. Schneider National's dividend payout ratio is presently 61.29%.

Insider Activity at Schneider National

In other Schneider National news, EVP Thomas G. Jackson sold 18,248 shares of the firm's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the completion of the sale, the executive vice president now owns 66,526 shares of the company's stock, valued at approximately $2,200,014.82. This trade represents a 21.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Mark B. Rourke sold 32,057 shares of Schneider National stock in a transaction on 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 directly owns 266,887 shares of the company's stock, 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. Insiders have sold 66,555 shares of company stock worth $2,153,011 in the last quarter. Company insiders own 32.68% of the company's stock.

Hedge Funds Weigh In On Schneider National

A number of large investors have recently bought and sold shares of the stock. GAMMA Investing LLC increased its holdings in shares of Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock worth $38,000 after buying an additional 450 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new stake in Schneider National during the fourth quarter worth about $59,000. DekaBank Deutsche Girozentrale purchased a new position in shares of Schneider National in the 3rd quarter worth about $73,000. Quarry LP acquired a new position in shares of Schneider National in the 3rd quarter valued at about $90,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Schneider National during the 3rd quarter worth about $109,000. Hedge funds and other institutional investors own 28.54% of the company's stock.

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.