Schneider National, Inc. (NYSE:SNDR) Given Consensus Recommendation of “Hold” by Brokerages

Schneider National, Inc. (NYSE:SNDR) has been given an average recommendation of “Hold” by the fourteen research firms that are covering the stock, Marketbeat reports. One equities 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 company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $29.08.

Several analysts have weighed in on the company. Benchmark boosted their price objective on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, November 27th. The Goldman Sachs Group dropped their price target on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. Stifel Nicolaus lifted their target price on shares of Schneider National from $25.00 to $27.00 and gave the stock a “hold” rating in a report on Monday, November 11th. TD Cowen increased their price target on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Finally, Susquehanna decreased their price objective on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th.

Insider Activity

In other news, CAO Robert M. Reich, Jr. sold 6,250 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total value of $198,062.50. Following the sale, the chief accounting officer now directly owns 155,366 shares in the company, valued at $4,923,548.54. The trade was a 3.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Shaleen Devgun sold 10,000 shares of the company’s 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 transaction, the insider now directly owns 95,191 shares of the company’s stock, valued at $2,764,346.64. This represents a 9.51 % 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 90 days. Corporate insiders own 32.68% of the company’s stock.

Institutional Investors Weigh In On Schneider National

Several institutional investors have recently bought and sold shares of SNDR. Deprince Race & Zollo Inc. bought a new position in shares of Schneider National during the 2nd quarter worth approximately $30,072,000. State Street Corp boosted its holdings in Schneider National by 75.4% during the third quarter. State Street Corp now owns 1,730,769 shares of the company’s stock worth $49,545,000 after purchasing an additional 743,800 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Schneider National in the second quarter valued at $15,216,000. Encompass Capital Advisors LLC bought a new position in Schneider National in the second quarter valued at $12,376,000. Finally, Earnest Partners LLC increased its stake in Schneider National by 25.5% in the 2nd quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock valued at $52,334,000 after buying an additional 440,545 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Price Performance

Shares of SNDR stock opened at $29.54 on Friday. Schneider National has a 1 year low of $20.50 and a 1 year 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 firm’s 50 day moving average is $30.40 and its 200-day moving average is $27.58. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of 47.65, a PEG ratio of 3.24 and a beta of 0.90.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data 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). The company 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%. Sell-side analysts forecast that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date is Friday, December 13th. Schneider National’s dividend payout ratio is currently 61.29%.

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.