Schneider National (NYSE:SNDR) Price Target Cut to $25.00 by Analysts at Stifel Nicolaus

Schneider National (NYSE:SNDRFree Report) had its target price reduced by Stifel Nicolaus from $27.00 to $25.00 in a research note issued to investors on Thursday morning, Benzinga reports. They currently have a buy rating on the stock.

Several other equities research analysts have also commented on the stock. Susquehanna cut their price target on shares of Schneider National from $27.00 to $25.00 and set a neutral rating for the company in a report on Monday, March 25th. Bank of America cut their price target on shares of Schneider National from $25.00 to $23.00 and set a neutral rating for the company in a report on Monday, April 15th. Robert W. Baird cut their price target on shares of Schneider National from $29.00 to $27.00 and set an outperform rating for the company in a report on Thursday, April 4th. TD Cowen cut their price target on shares of Schneider National from $28.00 to $26.00 and set an outperform rating for the company in a report on Friday, February 2nd. Finally, Evercore ISI lowered shares of 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. Seven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of Hold and an average target price of $28.07.

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Schneider National Price Performance

NYSE:SNDR opened at $21.27 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.64. The firm has a market cap of $3.74 billion, a price-to-earnings ratio of 15.99, a price-to-earnings-growth ratio of 1.37 and a beta of 0.89. The company has a 50 day moving average price of $22.71 and a 200-day moving average price of $23.90. Schneider National has a 1-year low of $20.50 and a 1-year high of $31.74.

Schneider National (NYSE:SNDRGet Free Report) last posted its 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 analysts’ expectations of $1.35 billion. Schneider National had a net margin of 4.34% and a return on equity of 8.23%. Schneider National’s revenue for the quarter was down 12.2% compared to the same quarter last year. During the same period last year, the firm earned $0.64 earnings per share. Equities research analysts forecast that Schneider National will post 1.09 EPS for the current year.

Schneider National Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 9th. Stockholders of record on Friday, March 8th were given a dividend of $0.095 per share. This is a boost from Schneider National’s previous quarterly dividend of $0.09. The ex-dividend date was Thursday, March 7th. This represents a $0.38 annualized dividend and a dividend yield of 1.79%. Schneider National’s payout ratio is presently 28.57%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Schneider National by 5.4% during the 1st quarter. Vanguard Group Inc. now owns 4,816,076 shares of the company’s stock valued at $122,810,000 after acquiring an additional 244,894 shares during the last quarter. BlackRock Inc. lifted its position in Schneider National by 3.0% in the third quarter. BlackRock Inc. now owns 4,280,609 shares of the company’s stock valued at $86,896,000 after buying an additional 124,043 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Schneider National by 4.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,405,619 shares of the company’s stock valued at $86,675,000 after buying an additional 130,426 shares during the last quarter. AQR Capital Management LLC lifted its position in Schneider National by 8.2% in the fourth quarter. AQR Capital Management LLC now owns 3,008,023 shares of the company’s stock valued at $70,388,000 after buying an additional 227,164 shares during the last quarter. Finally, Morgan Stanley lifted its position in Schneider National by 14.3% in the fourth quarter. Morgan Stanley now owns 2,379,638 shares of the company’s stock valued at $55,684,000 after buying an additional 297,850 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Company Profile

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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.

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Analyst Recommendations for Schneider National (NYSE:SNDR)

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