Schneider National, Inc. (NYSE:SNDR) Receives Average Recommendation of “Hold” from Brokerages

Schneider National, Inc. (NYSE:SNDR) has been assigned a consensus recommendation of “Hold” from the fourteen analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $29.15.

Several research analysts have issued reports on the company. Bank of America increased their price objective on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. TD Cowen increased their price objective on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. JPMorgan Chase & Co. cut their price objective on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Citigroup cut Schneider National from a “neutral” rating to a “sell” rating and cut their price objective for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Finally, Benchmark increased their price objective on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th.

Schneider National Price Performance

Shares of NYSE SNDR opened at $29.79 on Thursday. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Schneider National has a twelve month low of $20.50 and a twelve month high of $33.90. The stock has a 50 day moving average of $30.50 and a two-hundred day moving average of $28.40. The stock has a market cap of $5.22 billion, a P/E ratio of 48.04, a P/E/G ratio of 1.90 and a beta of 0.93.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. On average, research analysts forecast that Schneider National will post 0.7 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 13th were paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Friday, December 13th. Schneider National’s payout ratio is currently 61.29%.

Insider Activity at Schneider National

In related news, insider Shaleen Devgun sold 10,000 shares of the stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $29.04, for a total transaction of $290,400.00. Following the transaction, the insider now directly owns 95,191 shares in the company, valued at approximately $2,764,346.64. This represents a 9.51 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction dated 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 owns 266,887 shares in the company, valued at $8,833,959.70. This trade represents a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 66,555 shares of company stock valued at $2,153,011 over the last quarter. Insiders own 32.68% of the company’s stock.

Hedge Funds Weigh In On Schneider National

Several large investors have recently added to or reduced their stakes in the business. Blue Trust Inc. lifted its position in Schneider National by 489.1% during the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock worth $46,000 after buying an additional 1,350 shares during the period. Exchange Traded Concepts LLC lifted its position in Schneider National by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock worth $822,000 after buying an additional 710 shares during the period. Impact Partnership Wealth LLC purchased a new position in Schneider National during the fourth quarter worth about $205,000. FCG Investment Co raised its holdings in shares of Schneider National by 13.9% in the 4th quarter. FCG Investment Co now owns 12,540 shares of the company’s stock worth $367,000 after purchasing an additional 1,534 shares during the period. Finally, SG Americas Securities LLC raised its holdings in shares of Schneider National by 766.0% in the 4th quarter. SG Americas Securities LLC now owns 33,203 shares of the company’s stock worth $972,000 after purchasing an additional 29,369 shares during the period. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

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.