Schneider National (NYSE:SNDR) Releases FY24 Earnings Guidance

Schneider National (NYSE:SNDR) updated its FY24 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.66-0.72 for the period, compared to the consensus estimate of $0.82. Schneider National also updated its FY 2024 guidance to 0.660-0.720 EPS.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SNDR. Robert W. Baird lifted their price target on shares of Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Stifel Nicolaus lowered shares of Schneider National from a “buy” rating to a “hold” rating and set a $25.00 target price on the stock. in a research report on Thursday, August 8th. Evercore ISI dropped their price target on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research report on Thursday. Susquehanna cut their price target on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Benchmark upped their price objective on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Nine analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Schneider National presently has an average rating of “Hold” and a consensus target price of $28.08.

Schneider National Stock Up 3.1 %

NYSE SNDR opened at $31.47 on Friday. The stock’s 50 day simple moving average is $27.99 and its 200 day simple moving average is $25.34. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.46. Schneider National has a one year low of $20.50 and a one year high of $31.71. The firm has a market cap of $5.51 billion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 3.10 and a beta of 0.85.

Schneider National (NYSE:SNDR) last released its quarterly 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 business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. As a group, sell-side analysts forecast that Schneider National will post 0.83 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be issued a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s dividend payout ratio is currently 61.29%.

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.