Schneider National (NYSE:SNDR) Given New $27.00 Price Target at Stifel Nicolaus

Schneider National (NYSE:SNDR) had its price target upped by Stifel Nicolaus from $25.00 to $27.00 in a research note issued to investors on Monday,Benzinga reports. Stifel Nicolaus currently has a hold rating on the stock.

A number of other brokerages have also recently commented on SNDR. Susquehanna dropped their price target on Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. JPMorgan Chase & Co. cut their target price on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Bank of America upgraded Schneider National from an “underperform” rating to a “buy” rating and raised their price target for the company from $27.00 to $34.00 in a report on Thursday, November 7th. Evercore ISI cut their price objective on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research report on Thursday, November 7th. Finally, Robert W. Baird raised their price objective on shares of Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Schneider National presently has an average rating of “Hold” and an average price target of $28.31.

Schneider National Stock Down 1.2 %

SNDR traded down $0.37 during trading on Monday, reaching $31.46. The stock had a trading volume of 40,779 shares, compared to its average volume of 820,631. The company has a current ratio of 1.59, a quick ratio of 1.46 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $5.51 billion, a price-to-earnings ratio of 51.34, a P/E/G ratio of 3.78 and a beta of 0.85. The stock’s 50 day moving average is $28.08 and its two-hundred day moving average is $25.47. Schneider National has a one year low of $20.50 and a one year high of $32.14.

Schneider National (NYSE:SNDR) last issued its quarterly 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). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. As a group, analysts expect that Schneider National will post 0.7 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently announced 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 annualized dividend and a 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%.

Institutional Trading of Schneider National

Several large investors have recently modified their holdings of SNDR. The Manufacturers Life Insurance Company increased its holdings in Schneider National by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock valued at $342,000 after buying an additional 493 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its stake in shares of Schneider National by 3.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock worth $451,000 after purchasing an additional 618 shares in the last quarter. Hilltop National Bank raised its holdings 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. California State Teachers Retirement System lifted its position in Schneider National by 1.7% during the first quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock valued at $1,265,000 after purchasing an additional 958 shares in the last quarter. Finally, Comerica Bank grew its holdings in Schneider National by 11.8% during the first quarter. Comerica Bank now owns 12,283 shares of the company’s stock valued at $278,000 after purchasing an additional 1,297 shares during the period. 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.