Zacks Research Expects Lower Earnings for Schneider National

Schneider National, Inc. (NYSE:SNDR - Free Report) - Stock analysts at Zacks Research decreased their FY2024 earnings per share (EPS) estimates for shares of Schneider National in a note issued to investors on Wednesday, November 20th. Zacks Research analyst S. Goswami now anticipates that the company will post earnings per share of $0.71 for the year, down from their prior estimate of $0.87. The consensus estimate for Schneider National's current full-year earnings is $0.70 per share. Zacks Research also issued estimates for Schneider National's Q4 2024 earnings at $0.21 EPS, Q1 2025 earnings at $0.21 EPS, Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.36 EPS, FY2025 earnings at $1.18 EPS, Q1 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.48 EPS and FY2026 earnings at $1.80 EPS.

Other research analysts have also issued reports about the stock. JPMorgan Chase & Co. reduced their price objective on shares of Schneider National from $30.00 to $29.00 and set a "neutral" rating for the company in a research note on Thursday, November 7th. Benchmark lifted their price objective on shares of Schneider National from $27.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, August 2nd. Evercore ISI dropped their price objective on shares of Schneider National from $27.00 to $26.00 and set an "in-line" rating for the company in a report on Thursday, November 7th. Stifel Nicolaus boosted their price target on shares of Schneider National from $25.00 to $27.00 and gave the stock a "hold" rating in a research note on Monday, November 11th. Finally, Bank of America upgraded shares of Schneider National from an "underperform" rating to a "buy" rating and boosted their price objective for the company from $27.00 to $34.00 in a research report on Thursday, November 7th. 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 data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $28.31.

Schneider National Stock Performance

Shares of Schneider National stock traded up $0.44 during mid-day trading on Friday, hitting $31.85. 321,418 shares of the stock were exchanged, compared to its average volume of 814,240. The company has a 50-day simple moving average of $28.71 and a 200 day simple moving average of $25.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National has a 12 month low of $20.50 and a 12 month high of $32.14. The company has a market capitalization of $5.58 billion, a P/E ratio of 50.62, a P/E/G ratio of 3.75 and a beta of 0.85.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a $0.095 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.19%. Schneider National's dividend payout ratio (DPR) is presently 61.29%.

Institutional Investors Weigh In On Schneider National

Institutional investors have recently made changes to their positions in the company. Louisiana State Employees Retirement System bought a new stake in Schneider National during the 3rd quarter valued at about $648,000. Tidal Investments LLC bought a new stake in Schneider National during the 1st quarter valued at about $468,000. Principal Financial Group Inc. purchased a new position in Schneider National during the 3rd quarter valued at about $6,327,000. GSA Capital Partners LLP purchased a new position in Schneider National during the 3rd quarter valued at about $713,000. Finally, Quadrature Capital Ltd purchased a new position in Schneider National during the 1st quarter valued at about $489,000. 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.