Stifel Nicolaus Issues Positive Forecast for Schneider National (NYSE:SNDR) Stock Price

Schneider National (NYSE:SNDR) had its target price raised by Stifel Nicolaus from $25.00 to $27.00 in a report published on Monday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

A number of other analysts also recently issued reports on the company. JPMorgan Chase & Co. dropped their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. TD Cowen lifted their target price on shares of Schneider National from $28.00 to $32.00 and gave the company a “buy” rating in a research report on Friday. 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 research note on Thursday, November 7th. Citigroup initiated coverage on shares of Schneider National in a research report on Wednesday, October 9th. They set a “neutral” rating and a $29.00 price objective on the stock. Finally, 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 research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $28.31.

Schneider National Price Performance

NYSE:SNDR traded down $0.37 during mid-day trading on Monday, hitting $31.46. 40,779 shares of the stock traded hands, compared to its average volume of 820,631. Schneider National has a 12-month low of $20.50 and a 12-month high of $32.14. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04. The company has a market cap of $5.51 billion, a PE ratio of 51.34, a price-to-earnings-growth ratio of 3.78 and a beta of 0.85. The business’s 50-day moving average price is $28.08 and its 200 day moving average price is $25.47.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 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 firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. On average, analysts expect that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Dividend Announcement

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

Institutional Trading of Schneider National

Several large investors have recently modified their holdings of the business. Innealta Capital LLC purchased a new stake in Schneider National in the second quarter worth $53,000. DekaBank Deutsche Girozentrale bought a new position in Schneider National in the 3rd quarter worth $73,000. 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 in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Schneider National in the 3rd quarter worth about $109,000. Finally, Hills Bank & Trust Co bought a new stake in shares of Schneider National during the 3rd quarter valued at about $112,000. 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.