JPMorgan Chase & Co. Cuts Schneider National (NYSE:SNDR) Price Target to $30.00

Schneider National (NYSE:SNDR) had its price target cut by JPMorgan Chase & Co. from $35.00 to $30.00 in a research note published on Monday morning,Benzinga reports. They currently have a neutral rating on the stock.

Several other brokerages have also weighed in on SNDR. Zacks Research raised Schneider National from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Citigroup cut their target price on Schneider National from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. Stephens raised Schneider National to a “hold” rating in a research report on Wednesday, July 8th. Weiss Ratings upgraded shares of Schneider National from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Finally, Wall Street Zen lowered shares of Schneider National from a “buy” rating to a “hold” rating in a report on Saturday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, Schneider National currently has a consensus rating of “Hold” and a consensus target price of $33.69.

Schneider National Stock Down 1.4%

NYSE SNDR opened at $31.17 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.94 and a current ratio of 2.03. The firm has a 50-day simple moving average of $34.06 and a 200 day simple moving average of $33.35. Schneider National has a twelve month low of $20.11 and a twelve month high of $39.27. The stock has a market cap of $5.46 billion, a PE ratio of 48.70, a PEG ratio of 0.71 and a beta of 1.21.

Schneider National (NYSE:SNDR) last released its earnings results on Thursday, July 30th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.06. Schneider National had a return on equity of 3.89% and a net margin of 1.92%.The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the business earned $0.21 earnings per share. The firm’s revenue for the quarter was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. On average, research analysts forecast that Schneider National will post 1.04 EPS for the current year.

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Friday, September 11th will be given a $0.10 dividend. The ex-dividend date is Friday, September 11th. This represents a $0.40 annualized dividend and a yield of 1.3%. Schneider National’s payout ratio is presently 62.50%.

Insider Buying and Selling

In other news, insider Mark Rourke sold 52,682 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $35.94, for a total transaction of $1,893,391.08. Following the sale, the insider owned 221,522 shares in the company, valued at approximately $7,961,500.68. This represents a 19.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 23.64% of the company’s stock.

Institutional Trading of Schneider National

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its position in Schneider National by 3.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,015,141 shares of the company’s stock worth $132,195,000 after buying an additional 158,118 shares in the last quarter. First Trust Advisors LP increased its position in Schneider National by 6.1% in the 1st quarter. First Trust Advisors LP now owns 2,277,720 shares of the company’s stock valued at $60,041,000 after acquiring an additional 130,406 shares in the last quarter. Deprince Race & Zollo Inc. increased its position in Schneider National by 18.3% in the 1st quarter. Deprince Race & Zollo Inc. now owns 2,160,106 shares of the company’s stock valued at $56,940,000 after acquiring an additional 334,572 shares in the last quarter. Quantinno Capital Management LP raised its stake in shares of Schneider National by 44.1% in the first quarter. Quantinno Capital Management LP now owns 1,993,186 shares of the company’s stock worth $52,540,000 after acquiring an additional 610,020 shares during the last quarter. Finally, Goodman Financial Corp raised its stake in shares of Schneider National by 2.9% in the first quarter. Goodman Financial Corp now owns 547,848 shares of the company’s stock worth $14,441,000 after acquiring an additional 15,503 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Company Profile

Schneider National, Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, dedicated transportation, intermodal transportation, brokerage, supply chain management and logistics services.

The company serves manufacturers, retailers and other businesses through a range of shipping and distribution solutions. Its services include long-haul and regional freight transportation, dedicated fleets tailored to individual customers, rail-and-truck intermodal shipping, freight brokerage and logistics planning and management.

Founded in 1935 by Al Schneider, the company is headquartered in Green Bay, Wisconsin, and serves customers primarily in the United States, Canada and Mexico.