Schneider National (NYSE:SNDR) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Schneider National (NYSE:SNDRFree Report) had its price target hoisted by Stifel Nicolaus from $27.00 to $28.00 in a report issued on Wednesday morning,Benzinga reports. They currently have a hold rating on the stock.

Several other equities research analysts have also recently commented on SNDR. Susquehanna dropped their target price on Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Citigroup lowered shares of Schneider National from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Benchmark lifted their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. Evercore ISI lowered their price objective on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group lowered their price objective on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $29.15.

View Our Latest Report on SNDR

Schneider National Stock Performance

SNDR opened at $30.20 on Wednesday. The business’s 50 day moving average is $30.64 and its 200-day moving average is $28.19. The stock has a market cap of $5.29 billion, a PE ratio of 48.71, a price-to-earnings-growth ratio of 1.76 and a beta of 0.93. 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.

Schneider National (NYSE:SNDRGet Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion. On average, analysts predict that Schneider National will post 0.7 earnings per share for the current year.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th were given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date of this dividend was Friday, December 13th. Schneider National’s dividend payout ratio is 61.29%.

Insiders Place Their Bets

In other Schneider National news, COO Mark B. Rourke sold 32,057 shares of the business’s stock in a transaction 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 completion of the transaction, the chief operating officer now owns 266,887 shares of the company’s stock, valued at $8,833,959.70. The trade was a 10.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Shaleen Devgun sold 10,000 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $2,764,346.64. This represents a 9.51 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 66,555 shares of company stock valued at $2,153,011 in the last quarter. Insiders own 32.68% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SNDR. Victory Capital Management Inc. increased its holdings in shares of Schneider National by 11.0% during the 2nd quarter. Victory Capital Management Inc. now owns 69,023 shares of the company’s stock worth $1,668,000 after purchasing an additional 6,862 shares during the period. Oppenheimer Asset Management Inc. increased its holdings in shares of Schneider National by 57.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 113,517 shares of the company’s stock worth $2,743,000 after purchasing an additional 41,254 shares during the period. Envestnet Asset Management Inc. increased its stake in Schneider National by 13.9% in the second quarter. Envestnet Asset Management Inc. now owns 565,407 shares of the company’s stock valued at $13,660,000 after acquiring an additional 69,197 shares during the period. Dimensional Fund Advisors LP increased its stake in Schneider National by 6.0% in the second quarter. Dimensional Fund Advisors LP now owns 4,013,001 shares of the company’s stock valued at $96,953,000 after acquiring an additional 228,661 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its stake in Schneider National by 14.4% in the second quarter. Mercer Global Advisors Inc. ADV now owns 78,229 shares of the company’s stock valued at $1,890,000 after acquiring an additional 9,856 shares during the period. Institutional investors own 28.54% of the company’s stock.

Schneider National Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Schneider National (NYSE:SNDR)

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