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

Shares of Schneider National, Inc. (NYSE:SNDR) have received an average recommendation of “Hold” from the fourteen research firms that are covering the firm, Marketbeat Ratings 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 1 year price objective among brokers that have issued a report on the stock in the last year is $29.08.

A number of research firms recently weighed in on SNDR. JPMorgan Chase & Co. dropped their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Evercore ISI cut their price target on Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research note on Thursday, November 7th. Bank of America upped their price objective on shares of Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. The Goldman Sachs Group decreased their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. Finally, Stifel Nicolaus increased 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.

Schneider National Stock Up 0.9 %

NYSE:SNDR opened at $29.61 on Friday. The stock has a 50-day simple moving average of $30.37 and a 200 day simple moving average of $27.50. Schneider National has a 52-week low of $20.50 and a 52-week high of $33.90. The company has a market cap of $5.19 billion, a PE ratio of 47.76, a PEG ratio of 3.24 and a beta of 0.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. On average, sell-side analysts expect that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio (DPR) is currently 61.29%.

Insider Activity

In other Schneider National news, EVP Thomas G. Jackson sold 18,248 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the transaction, the executive vice president now owns 66,526 shares of the company’s stock, valued at approximately $2,200,014.82. The trade was a 21.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Mark B. Rourke sold 32,057 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the transaction, the chief operating officer now directly owns 266,887 shares of the company’s stock, valued at $8,833,959.70. This represents a 10.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 66,555 shares of company stock worth $2,153,011 over the last quarter. 18.83% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Schneider National

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SNDR. The Manufacturers Life Insurance Company increased its holdings in shares of Schneider National by 3.6% in the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after purchasing an additional 493 shares during the period. Susquehanna Fundamental Investments LLC grew its position in Schneider National by 1.8% during the second quarter. Susquehanna Fundamental Investments LLC now owns 76,449 shares of the company’s stock valued at $1,847,000 after acquiring an additional 1,341 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Schneider National by 1.3% during the third quarter. Oppenheimer Asset Management Inc. now owns 114,941 shares of the company’s stock valued at $3,280,000 after buying an additional 1,424 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Schneider National by 7.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 20,341 shares of the company’s stock valued at $491,000 after purchasing an additional 1,435 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Schneider National by 11.2% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,598 shares of the company’s stock valued at $417,000 after acquiring an additional 1,465 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

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.