Zacks Research Expects Lower Earnings for Schneider National

Schneider National, Inc. (NYSE:SNDR) – Investment analysts at Zacks Research cut their FY2024 EPS estimates for shares of Schneider National in a research report issued on Wednesday, November 20th. Zacks Research analyst S. Goswami now anticipates that the company will earn $0.71 per share for the year, down from their prior estimate of $0.87. The consensus estimate for Schneider National’s current full-year earnings is $0.70 per share. Zacks Research also issued estimates for Schneider National’s Q4 2024 earnings at $0.21 EPS, Q1 2025 earnings at $0.21 EPS, Q2 2025 earnings at $0.29 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.36 EPS, FY2025 earnings at $1.18 EPS, Q1 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.48 EPS and FY2026 earnings at $1.80 EPS.

Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. decreased their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Benchmark upped their target price on shares of Schneider National from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Evercore ISI cut 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 report on Thursday, November 7th. Bank of America upgraded shares of Schneider National from an “underperform” rating to a “buy” rating and boosted their price target for the company from $27.00 to $34.00 in a research report on Thursday, November 7th. Finally, Citigroup downgraded Schneider National from a “neutral” rating to a “sell” rating and lowered their price objective for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $28.31.

Schneider National Stock Performance

Shares of SNDR opened at $31.39 on Friday. Schneider National has a 52-week low of $20.50 and a 52-week high of $32.14. The stock’s 50-day simple moving average is $28.71 and its 200 day simple moving average is $25.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. The stock has a market capitalization of $5.50 billion, a price-to-earnings ratio of 50.62, a price-to-earnings-growth ratio of 3.75 and a beta of 0.85.

Schneider National (NYSE:SNDR) last posted its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%.

Institutional Trading of Schneider National

A number of hedge funds have recently bought and sold shares of the company. Innealta Capital LLC purchased a new position in shares of Schneider National during the second quarter worth approximately $53,000. DekaBank Deutsche Girozentrale bought a new position in shares of Schneider National during the 3rd quarter valued at $73,000. Hilltop National Bank raised its position in Schneider National by 28.5% in the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock worth $74,000 after purchasing an additional 676 shares during the period. Quarry LP bought a new stake in Schneider National in the third quarter worth $90,000. Finally, SG Americas Securities LLC bought a new stake in Schneider National in the third quarter worth $109,000. Institutional investors own 28.54% of the company’s stock.

Schneider National Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be given a dividend of $0.095 per share. The ex-dividend date is Friday, December 13th. This represents a $0.38 annualized dividend and a dividend yield of 1.21%. Schneider National’s dividend payout ratio (DPR) is presently 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.