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

Shares of Schneider National, Inc. (NYSE:SNDR) have been given a consensus recommendation of “Hold” by the seventeen brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $27.00.

Several equities analysts recently weighed in on the stock. Robert W. Baird started coverage on shares of Schneider National in a report on Tuesday, July 1st. They issued an “outperform” rating and a $28.00 price objective on the stock. Erste Group Bank upgraded shares of Schneider National from a “hold” rating to a “buy” rating in a research note on Thursday, September 11th. JPMorgan Chase & Co. raised their target price on shares of Schneider National from $27.00 to $28.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Stifel Nicolaus upgraded shares of Schneider National from a “hold” rating to a “buy” rating and cut their target price for the stock from $26.00 to $25.00 in a research note on Friday, October 3rd. Finally, Citigroup dropped their price objective on shares of Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, October 13th.

Insider Activity at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the company’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $24.36, for a total value of $891,478.56. Following the sale, the executive vice president directly owned 72,870 shares of the company’s stock, valued at approximately $1,775,113.20. This represents a 33.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 32.68% of the company’s stock.

Institutional Trading of Schneider National

Several institutional investors have recently made changes to their positions in SNDR. GAMMA Investing LLC grew its position in Schneider National by 1,128.3% during the first quarter. GAMMA Investing LLC now owns 16,041 shares of the company’s stock valued at $367,000 after buying an additional 14,735 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Schneider National by 9.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company’s stock worth $408,000 after buying an additional 1,474 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of Schneider National by 2.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 121,172 shares of the company’s stock worth $2,769,000 after buying an additional 3,451 shares in the last quarter. KBC Group NV purchased a new stake in Schneider National in the first quarter valued at approximately $28,000. Finally, New York State Teachers Retirement System grew its position in Schneider National by 33.6% during the first quarter. New York State Teachers Retirement System now owns 18,447 shares of the company’s stock valued at $422,000 after acquiring an additional 4,637 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Trading Down 1.7%

Shares of NYSE:SNDR opened at $23.52 on Friday. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $4.12 billion, a PE ratio of 33.59, a P/E/G ratio of 0.77 and a beta of 1.06. The firm has a fifty day moving average price of $23.37 and a 200 day moving average price of $23.73. Schneider National has a 1 year low of $20.59 and a 1 year high of $33.90.

Schneider National (NYSE:SNDR) last released its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.41 billion. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The business’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 EPS. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. Analysts expect that Schneider National will post 1.12 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 9th. Shareholders of record on Friday, September 12th were issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, September 12th. Schneider National’s payout ratio is presently 54.29%.

About Schneider National

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.