Schneider National (NYSE:SNDR) PT Lowered to $25.00

Schneider National (NYSE:SNDR) had its price objective reduced by Susquehanna from $27.00 to $25.00 in a research note released on Monday, Benzinga reports. Susquehanna currently has a neutral rating on the stock.

Other equities analysts have also recently issued reports about the company. TD Cowen dropped their price objective on Schneider National from $28.00 to $26.00 and set an outperform rating for the company in a report on Friday, February 2nd. Stifel Nicolaus lifted their price objective on Schneider National from $26.00 to $27.00 and gave the company a buy rating in a report on Wednesday, January 10th. Evercore ISI cut Schneider National from an outperform rating to an inline rating and set a $25.00 price target for the company. in a report on Thursday, January 4th. Wells Fargo & Company raised Schneider National from an underweight rating to an equal weight rating and boosted their price target for the stock from $23.00 to $25.00 in a report on Thursday, December 7th. Finally, Stephens reissued an equal weight rating and set a $28.00 price target on shares of Schneider National in a report on Monday, February 5th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Schneider National presently has a consensus rating of Hold and an average price target of $28.64.

Schneider National Stock Performance

NYSE:SNDR opened at $22.35 on Monday. The stock has a market cap of $3.93 billion, a P/E ratio of 16.80, a PEG ratio of 1.18 and a beta of 0.89. The stock has a 50 day simple moving average of $23.56 and a 200 day simple moving average of $24.60. The company has a current ratio of 1.83, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. Schneider National has a 1-year low of $21.31 and a 1-year high of $31.74.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.05). The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.35 billion. Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The business’s revenue for the quarter was down 12.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.64 earnings per share. Research analysts anticipate that Schneider National will post 1.19 earnings per share for the current year.

Schneider National Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 9th. Shareholders of record on Friday, March 8th will be given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from Schneider National’s previous quarterly dividend of $0.09. Schneider National’s payout ratio is 28.57%.

Institutional Investors Weigh In On Schneider National

Institutional investors and hedge funds have recently made changes to their positions in the business. Bullseye Asset Management LLC raised its stake in Schneider National by 33.8% during the 4th quarter. Bullseye Asset Management LLC now owns 98,972 shares of the company’s stock worth $2,518,000 after buying an additional 25,000 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Schneider National by 14.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,410 shares of the company’s stock worth $265,000 after buying an additional 1,284 shares during the period. Public Employees Retirement System of Ohio raised its stake in Schneider National by 2.2% during the 4th quarter. Public Employees Retirement System of Ohio now owns 31,532 shares of the company’s stock worth $802,000 after buying an additional 692 shares during the period. Barclays PLC raised its stake in Schneider National by 55.1% during the 4th quarter. Barclays PLC now owns 135,367 shares of the company’s stock worth $3,443,000 after buying an additional 48,096 shares during the period. Finally, Weiss Multi Strategy Advisers LLC acquired a new position in Schneider National during the 4th quarter worth approximately $1,137,000. Institutional investors own 28.54% of the company’s stock.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, engages in the provision of surface transportation and logistics solutions in the United States, Canada, and Mexico. The company 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 equipment across either network or dedicated configurations.