Brokerages Set Schneider National, Inc. (NYSE:SNDR) PT at $30.85

Shares of Schneider National, Inc. (NYSE:SNDR) have received an average recommendation of “Hold” from the fourteen research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $30.85.

A number of research firms have recently issued reports on SNDR. Stifel Nicolaus increased their price target on shares of Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. reduced their price target on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Susquehanna increased their price target on shares of Schneider National from $31.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Bank of America increased their price target 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. Finally, TD Cowen raised their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th.

Insider Transactions at Schneider National

In other news, insider Shaleen Devgun sold 10,000 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the sale, the insider now owns 95,191 shares in the company, valued at approximately $2,764,346.64. This trade represents a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 32.68% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Schneider National

Several hedge funds and other institutional investors have recently modified their holdings of SNDR. GAMMA Investing LLC grew its stake in shares of Schneider National by 52.6% in the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after acquiring an additional 450 shares during the last quarter. Huntington National Bank boosted its stake in Schneider National by 237.9% during the fourth quarter. Huntington National Bank now owns 1,416 shares of the company’s stock worth $41,000 after buying an additional 997 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in Schneider National by 74.5% during the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock worth $42,000 after buying an additional 612 shares in the last quarter. Blue Trust Inc. boosted its stake 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 in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in Schneider National during the fourth quarter worth $48,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Stock Performance

Shares of SNDR opened at $23.36 on Friday. Schneider National has a one year low of $20.50 and a one year high of $33.90. The company has a 50-day moving average of $28.16 and a two-hundred day moving average of $28.79. The stock has a market cap of $4.10 billion, a price-to-earnings ratio of 35.94, a PEG ratio of 0.54 and a beta of 0.87. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same period last year, the business earned $0.16 earnings per share. On average, equities research analysts expect that Schneider National will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Friday, March 14th will be given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Friday, March 14th. Schneider National’s dividend payout ratio is 58.46%.

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.