Schneider National (NYSE:SNDR) Price Target Increased to $25.00 by Analysts at Susquehanna

Schneider National (NYSE:SNDR) had its price target hoisted by Susquehanna from $23.00 to $25.00 in a research report report published on Friday morning, Benzinga reports. Susquehanna currently has a neutral rating on the stock.

SNDR has been the topic of a number of other reports. UBS Group lifted their price objective on Schneider National from $26.00 to $28.00 and gave the stock a buy rating in a research note on Tuesday, July 9th. TD Cowen dropped their price objective on Schneider National from $26.00 to $25.00 and set a buy rating on the stock in a research note on Friday, May 3rd. Robert W. Baird dropped their price objective on Schneider National from $29.00 to $27.00 and set an outperform rating on the stock in a research note on Thursday, April 4th. Bank of America lowered Schneider National from a neutral rating to an underperform rating and set a $23.00 price objective on the stock. in a research note on Monday, July 22nd. Finally, Benchmark reiterated a buy rating and issued a $27.00 price objective on shares of Schneider National in a research note on Tuesday, July 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of Hold and a consensus target price of $28.13.

Schneider National Stock Down 1.4 %

NYSE SNDR traded down $0.40 during trading on Friday, hitting $27.66. 1,299,943 shares of the company traded hands, compared to its average volume of 1,465,928. Schneider National has a 12 month low of $20.50 and a 12 month high of $31.74. The business has a fifty day simple moving average of $23.70 and a 200 day simple moving average of $23.14. The company has a current ratio of 1.44, a quick ratio of 1.32 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $4.86 billion, a P/E ratio of 31.44, a PEG ratio of 2.61 and a beta of 0.85.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the company earned $0.45 earnings per share. The business’s revenue was down 2.2% compared to the same quarter last year. As a group, sell-side analysts predict that Schneider National will post 0.84 EPS for the current year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 8th. Investors of record on Friday, September 13th will be given a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.37%. The ex-dividend date of this dividend is Friday, September 13th. Schneider National’s dividend payout ratio (DPR) is presently 43.18%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SNDR. Principal Securities Inc. bought a new position in Schneider National in the 4th quarter worth approximately $48,000. Innealta Capital LLC bought a new position in Schneider National in the 2nd quarter worth approximately $53,000. Hilltop National Bank raised its position in shares of Schneider National by 28.5% during the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after acquiring an additional 676 shares during the last quarter. Quest Partners LLC bought a new stake in shares of Schneider National during the 4th quarter valued at $102,000. Finally, Covestor Ltd raised its position in shares of Schneider National by 51.9% during the 1st quarter. Covestor Ltd now owns 7,661 shares of the company’s stock valued at $173,000 after acquiring an additional 2,617 shares during the last quarter. 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.