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

Schneider National (NYSE:SNDR) had its price target trimmed by Susquehanna from $27.00 to $25.00 in a research note issued to investors on Monday, Benzinga reports. The firm currently has a neutral rating on the stock.

SNDR has been the topic of a number of other research reports. Stephens reiterated an equal weight rating and issued a $28.00 target price on shares of Schneider National in a report on Monday, February 5th. TD Cowen dropped their price objective on Schneider National from $28.00 to $26.00 and set an outperform rating on the stock in a report on Friday, February 2nd. Stifel Nicolaus increased their price objective on Schneider National from $26.00 to $27.00 and gave the stock a buy rating in a report on Wednesday, January 10th. Wells Fargo & Company upgraded Schneider National from an underweight rating to an equal weight rating and increased their price objective for the stock from $23.00 to $25.00 in a report on Thursday, December 7th. Finally, Evercore ISI downgraded Schneider National from an outperform rating to an inline rating and set a $25.00 price objective on the stock. in a report on Thursday, January 4th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of Hold and a consensus price target of $28.64.

Schneider National Price Performance

Shares of SNDR opened at $22.35 on Monday. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 16.80, a P/E/G ratio of 1.18 and a beta of 0.89. Schneider National has a fifty-two week low of $21.31 and a fifty-two week high of $31.74. 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 business’s 50-day moving average is $23.56 and its 200-day moving average is $24.60.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, February 1st. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). The business had revenue of $1.37 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 EPS. Equities research analysts expect that Schneider National will post 1.19 EPS for the current fiscal year.

Schneider National Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 9th. Investors of record on Friday, March 8th will be given a $0.095 dividend. This is a boost from Schneider National’s previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a yield of 1.70%. The ex-dividend date of this dividend is Thursday, March 7th. Schneider National’s dividend payout ratio (DPR) is 28.57%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. MetLife Investment Management LLC bought a new position in shares of Schneider National during the first quarter valued at $26,000. Bruce G. Allen Investments LLC bought a new position in shares of Schneider National during the fourth quarter valued at $29,000. Whittier Trust Co. bought a new position in shares of Schneider National during the third quarter valued at $35,000. Winch Advisory Services LLC lifted its holdings in shares of Schneider National by 61.6% during the third quarter. Winch Advisory Services LLC now owns 1,320 shares of the company’s stock valued at $37,000 after acquiring an additional 503 shares during the period. Finally, Quarry LP lifted its holdings in shares of Schneider National by 252.2% during the first quarter. Quarry LP now owns 1,627 shares of the company’s stock valued at $44,000 after acquiring an additional 1,165 shares during the period. 28.54% of the stock is owned by institutional investors.

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.