Schneider National, Inc. (SNDR) To Go Ex-Dividend on September 11th

Schneider National, Inc. (NYSE:SNDRGet Free Report) announced a quarterly dividend on Monday, July 27th. Stockholders of record on Friday, September 11th will be given a dividend of 0.10 per share on Friday, October 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Friday, September 11th.

Schneider National has decreased its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend every year for the last 2 years. Schneider National has a payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Schneider National to earn $1.58 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 25.3%.

Schneider National Price Performance

Shares of SNDR traded down $0.84 during trading hours on Wednesday, hitting $35.34. 790,121 shares of the company were exchanged, compared to its average volume of 1,035,563. The company has a quick ratio of 1.83, a current ratio of 1.95 and a debt-to-equity ratio of 0.13. Schneider National has a fifty-two week low of $20.11 and a fifty-two week high of $39.27. The company has a market cap of $6.19 billion, a price-to-earnings ratio of 63.11, a P/E/G ratio of 1.01 and a beta of 1.17. The firm’s fifty day moving average is $36.38 and its 200 day moving average is $31.19.

Schneider National (NYSE:SNDRGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.42 billion. Schneider National had a return on equity of 3.45% and a net margin of 1.73%.Schneider National’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.16 earnings per share. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. On average, equities analysts anticipate that Schneider National will post 0.91 earnings per share for the current fiscal year.

Insider Transactions at Schneider National

In other Schneider National news, EVP Shaleen Devgun sold 8,352 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $38.59, for a total value of $322,303.68. Following the completion of the sale, the executive vice president owned 38,619 shares of the company’s stock, valued at approximately $1,490,307.21. This trade represents a 17.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Thomas G. Jackson sold 20,271 shares of the stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $37.15, for a total value of $753,067.65. Following the completion of the transaction, the executive vice president owned 77,174 shares in the company, valued at approximately $2,867,014.10. This represents a 20.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 31,048 shares of company stock valued at $1,150,304 in the last quarter. 23.64% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Schneider National

A number of institutional investors and hedge funds have recently modified their holdings of SNDR. Caitong International Asset Management Co. Ltd boosted its stake in shares of Schneider National by 2,425.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after purchasing an additional 1,625 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Schneider National by 47.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,516 shares of the company’s stock valued at $40,000 after purchasing an additional 489 shares during the period. Global Retirement Partners LLC bought a new stake in shares of Schneider National during the 4th quarter valued at $47,000. Farther Finance Advisors LLC grew its holdings in Schneider National by 155.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock worth $48,000 after purchasing an additional 1,110 shares during the period. Finally, SJS Investment Consulting Inc. grew its stake in shares of Schneider National by 695.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 2,059 shares of the company’s stock worth $54,000 after buying an additional 1,800 shares during the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Company Profile

(Get Free Report)

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.

See Also

Dividend History for Schneider National (NYSE:SNDR)

Receive News & Ratings for Schneider National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider National and related companies with MarketBeat.com's FREE daily email newsletter.