Schneider National’s (SNDR) “Equal Weight” Rating Reaffirmed at Stephens

Stephens reissued their equal weight rating on shares of Schneider National (NYSE:SNDR) in a report released on Monday,Benzinga reports. Stephens currently has a $30.00 price target on the stock, down from their prior price target of $32.00.

A number of other equities research analysts have also weighed in on SNDR. Susquehanna boosted their target price on Schneider National from $31.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. TD Cowen boosted their price objective on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Stifel Nicolaus increased their price objective on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Citigroup downgraded shares of Schneider National from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. Finally, The Goldman Sachs Group dropped their price target on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Schneider National currently has a consensus rating of “Hold” and a consensus target price of $30.85.

Schneider National Stock Up 0.5 %

Shares of NYSE SNDR opened at $29.69 on Monday. The stock has a market capitalization of $5.20 billion, a P/E ratio of 45.67, a PEG ratio of 1.92 and a beta of 0.93. Schneider National has a one year low of $20.50 and a one year high of $33.90. The firm’s 50 day simple moving average is $30.14 and its two-hundred day simple moving average is $28.79. 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 released its earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same quarter last year, the company posted $0.16 EPS. As a group, analysts expect that Schneider National will post 1.13 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Friday, March 14th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date is Friday, March 14th. Schneider National’s payout ratio is currently 58.46%.

Insiders Place Their Bets

In other Schneider National news, CAO Robert M. Reich, Jr. sold 6,250 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total value of $198,062.50. Following the completion of the transaction, the chief accounting officer now owns 155,366 shares in the company, valued at approximately $4,923,548.54. This represents a 3.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shaleen Devgun sold 10,000 shares of the business’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction 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 position. The disclosure for this sale can be found here. Insiders sold 66,555 shares of company stock worth $2,153,011 over the last three months. Company insiders own 18.83% of the company’s stock.

Institutional Investors Weigh In On Schneider National

Hedge funds and other institutional investors have recently bought and sold shares of the business. Marshall Wace LLP purchased a new stake in shares of Schneider National in the second quarter worth $259,000. The Manufacturers Life Insurance Company boosted its stake in Schneider National by 3.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after purchasing an additional 493 shares in the last quarter. Creative Planning grew its position in Schneider National by 166.7% during the 2nd quarter. Creative Planning now owns 25,571 shares of the company’s stock valued at $618,000 after purchasing an additional 15,983 shares during the last quarter. SG Americas Securities LLC bought a new stake in Schneider National during the 3rd quarter valued at about $109,000. Finally, Exchange Traded Concepts LLC purchased a new position in Schneider National in the third quarter worth about $781,000. Hedge funds and other institutional investors 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.