Schneider National (NYSE:SNDR) Price Target Lowered to $26.00 at Susquehanna

Schneider National (NYSE:SNDR) had its target price trimmed by Susquehanna from $29.00 to $26.00 in a report released on Thursday,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other analysts have also weighed in on the company. Citigroup started coverage on Schneider National in a research report on Wednesday, October 9th. They set a “neutral” rating and a $29.00 price objective on the stock. JPMorgan Chase & Co. upped their price objective on Schneider National from $24.00 to $30.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Benchmark upped their price objective on Schneider National from $27.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. Robert W. Baird increased their target price on Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Finally, The Goldman Sachs Group dropped their target price on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $27.54.

Schneider National Trading Up 3.7 %

NYSE SNDR traded up $1.14 on Thursday, reaching $31.65. The stock had a trading volume of 393,337 shares, compared to its average volume of 823,632. The firm has a market capitalization of $5.55 billion, a price-to-earnings ratio of 49.18, a P/E/G ratio of 3.10 and a beta of 0.85. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04. Schneider National has a 12-month low of $20.50 and a 12-month high of $31.71. The stock has a fifty day moving average price of $27.90 and a two-hundred day moving average price of $25.26.

Schneider National (NYSE:SNDR) last announced its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. As a group, sell-side analysts forecast that Schneider National will post 0.83 EPS for the current fiscal year.

Schneider National Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.20%. Schneider National’s dividend payout ratio (DPR) is 61.29%.

Institutional Investors Weigh In On Schneider National

Several hedge funds have recently made changes to their positions in SNDR. Vanguard Group Inc. lifted its position in Schneider National by 10.6% in the first quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock valued at $91,964,000 after purchasing an additional 388,913 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Schneider National by 6.0% during the 2nd 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. Thrivent Financial for Lutherans lifted its position in shares of Schneider National by 1.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,914,631 shares of the company’s stock valued at $83,184,000 after acquiring an additional 48,905 shares during the period. Earnest Partners LLC lifted its position in shares of Schneider National by 25.5% during the 2nd quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock valued at $52,334,000 after acquiring an additional 440,545 shares during the period. Finally, American Century Companies Inc. lifted its position in shares of Schneider National by 10.9% during the 2nd quarter. American Century Companies Inc. now owns 1,906,179 shares of the company’s stock valued at $46,053,000 after acquiring an additional 186,857 shares during the period. Institutional investors and hedge funds 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.