Zacks Research Issues Pessimistic Forecast for SNDR Earnings

Schneider National, Inc. (NYSE:SNDR) – Analysts at Zacks Research lowered their FY2024 EPS estimates for Schneider National in a note issued to investors 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.

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

A number of other equities research analysts also recently commented on SNDR. Bank of America upgraded Schneider National from an “underperform” rating to a “buy” rating and lifted their target price for the company from $27.00 to $34.00 in a research report on Thursday, November 7th. Benchmark raised their price objective on Schneider National from $27.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. Evercore ISI decreased their target price 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. TD Cowen lifted their price target on shares of Schneider National from $28.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Finally, Stifel Nicolaus boosted their price target on shares of Schneider National from $25.00 to $27.00 and gave the company a “hold” rating in a research note on Monday, November 11th. One 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. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $28.31.

Schneider National Trading Up 0.6 %

SNDR opened at $31.61 on Friday. The stock has a market capitalization of $5.54 billion, a PE ratio of 50.98, a P/E/G ratio of 3.81 and a beta of 0.85. Schneider National has a one year low of $20.50 and a one year high of $32.14. 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 business’s 50 day moving average price is $28.79 and its 200 day moving average price is $26.04.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a yield of 1.20%. Schneider National’s dividend payout ratio (DPR) is presently 61.29%.

Institutional Trading of Schneider National

Several hedge funds have recently modified their holdings of SNDR. The Manufacturers Life Insurance Company increased its holdings in Schneider National by 3.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock worth $342,000 after purchasing an additional 493 shares during the period. CANADA LIFE ASSURANCE Co grew its position in shares of Schneider National by 3.2% during the first quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock worth $451,000 after buying an additional 618 shares in the last quarter. Hilltop National Bank increased its stake in shares of Schneider National by 28.5% during the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock worth $74,000 after buying an additional 676 shares during the period. California State Teachers Retirement System raised its holdings in Schneider National by 1.7% in the first quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock valued at $1,265,000 after acquiring an additional 958 shares in the last quarter. Finally, Comerica Bank lifted its stake in Schneider National by 11.8% in the first quarter. Comerica Bank now owns 12,283 shares of the company’s stock worth $278,000 after acquiring an additional 1,297 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

About Schneider National

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.