Schneider National (NYSE:SNDR) Raised to Buy at Stifel Nicolaus

Stifel Nicolaus upgraded shares of Schneider National (NYSE:SNDR) from a hold rating to a buy rating in a research report report published on Friday morning, MarketBeat.com reports. The brokerage currently has $25.00 price target on the stock, down from their previous price target of $26.00.

Several other research firms also recently issued reports on SNDR. Evercore ISI dropped their price target on shares of Schneider National from $24.00 to $22.00 and set an “in-line” rating on the stock in a research note on Tuesday, September 30th. UBS Group lowered Schneider National from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $25.00 to $26.00 in a research report on Friday, September 5th. Citigroup boosted their price target on Schneider National from $24.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 9th. Erste Group Bank upgraded Schneider National from a “hold” rating to a “buy” rating in a research note on Thursday, September 11th. Finally, Robert W. Baird initiated coverage on Schneider National in a report on Tuesday, July 1st. They set an “outperform” rating and a $28.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Schneider National currently has a consensus rating of “Moderate Buy” and an average target price of $27.36.

Schneider National Stock Performance

Shares of NYSE:SNDR opened at $21.76 on Friday. The business’s 50-day simple moving average is $23.82 and its 200 day simple moving average is $23.75. The company has a market cap of $3.81 billion, a P/E ratio of 31.08, a PEG ratio of 0.69 and a beta of 1.06. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.91. Schneider National has a one year low of $20.59 and a one year high of $33.90.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. Schneider National’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the company earned $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. On average, sell-side analysts forecast 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 Thursday, October 9th. Shareholders of record on Friday, September 12th will be issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, September 12th. Schneider National’s dividend payout ratio (DPR) is currently 54.29%.

Insider Activity at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the business’s stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total value of $891,478.56. Following the completion of the sale, the executive vice president directly owned 72,870 shares in the company, valued at approximately $1,775,113.20. The trade was a 33.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 23.43% of the company’s stock.

Institutional Trading of Schneider National

Institutional investors have recently added to or reduced their stakes in the business. WPG Advisers LLC acquired a new stake in shares of Schneider National during the first quarter worth $25,000. KBC Group NV bought a new stake in shares of Schneider National during the 1st quarter valued at about $28,000. Quarry LP acquired a new stake in Schneider National during the first quarter worth about $32,000. Elevation Point Wealth Partners LLC bought a new position in Schneider National in the second quarter worth about $37,000. Finally, CWM LLC boosted its stake in Schneider National by 103.4% in the first quarter. CWM LLC now owns 3,513 shares of the company’s stock valued at $80,000 after acquiring an additional 1,786 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.