Schneider National, Inc. (NYSE:SNDR) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Schneider National, Inc. (NYSE:SNDR) have been assigned an average recommendation of “Hold” from the fourteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $28.43.

A number of equities analysts have commented on SNDR shares. Stephens reissued an “equal weight” rating and issued a $30.00 price objective (down previously from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. JPMorgan Chase & Co. decreased their price objective on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 31st. Stifel Nicolaus boosted their target price on shares of Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Bank of America reissued a “neutral” rating and set a $25.00 price target (down from $34.00) on shares of Schneider National in a research note on Friday, March 28th. Finally, Susquehanna dropped their price objective on shares of Schneider National from $32.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday, March 26th.

Schneider National Price Performance

Shares of SNDR stock opened at $21.65 on Tuesday. The stock’s fifty day simple moving average is $25.99 and its 200 day simple moving average is $28.32. Schneider National has a one year low of $20.50 and a one year high of $33.90. The firm has a market cap of $3.80 billion, a price-to-earnings ratio of 33.30, a P/E/G ratio of 0.54 and a beta of 1.10. 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 earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting 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 in the previous year, the company earned $0.16 earnings per share. On average, analysts expect that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Friday, March 14th will be paid a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend is Friday, March 14th. Schneider National’s payout ratio is presently 58.46%.

Hedge Funds Weigh In On Schneider National

A number of hedge funds and other institutional investors have recently made changes to their positions in SNDR. GAMMA Investing LLC raised its holdings in shares of Schneider National by 52.6% during 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 period. Truist Financial Corp lifted its stake in Schneider National by 0.6% in the 4th quarter. Truist Financial Corp now owns 88,613 shares of the company’s stock valued at $2,595,000 after acquiring an additional 528 shares in the last quarter. SRS Capital Advisors Inc. raised its holdings in shares of Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after purchasing an additional 612 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Schneider National by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 28,075 shares of the company’s stock worth $822,000 after purchasing an additional 710 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Schneider National by 4.1% during the fourth quarter. Captrust Financial Advisors now owns 22,061 shares of the company’s stock worth $646,000 after purchasing an additional 867 shares during the last quarter. 28.54% of the stock is owned by institutional investors.

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.