Schneider National (NYSE:SNDR) Price Target Raised to $30.00

Schneider National (NYSE:SNDR) had its price target lifted by Wells Fargo & Company from $23.00 to $30.00 in a research note released on Tuesday,Benzinga reports. They currently have an equal weight rating on the stock.

SNDR has been the subject of a number of other reports. Susquehanna reduced their price target on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. Zacks Research cut Schneider National from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. JPMorgan Chase & Co. lowered their price target on Schneider National from $28.00 to $27.00 and set a “neutral” rating on the stock in a report on Friday, October 31st. Erste Group Bank raised Schneider National from a “hold” rating to a “buy” rating in a report on Thursday, September 11th. Finally, National Bankshares set a $21.00 price objective on shares of Schneider National in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Schneider National presently has an average rating of “Hold” and an average price target of $27.67.

Schneider National Stock Up 2.2%

Shares of NYSE SNDR opened at $28.54 on Tuesday. The company has a quick ratio of 1.93, a current ratio of 2.11 and a debt-to-equity ratio of 0.17. The company has a market cap of $5.00 billion, a P/E ratio of 44.59, a P/E/G ratio of 0.69 and a beta of 1.08. Schneider National has a 52 week low of $20.11 and a 52 week high of $31.19. The business has a 50-day simple moving average of $24.64 and a two-hundred day simple moving average of $24.22.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.44 billion. Schneider National had a net margin of 2.03% and a return on equity of 4.04%. Schneider National’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.18 earnings per share. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Research analysts anticipate that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 12th. Stockholders of record on Friday, December 12th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 12th. Schneider National’s dividend payout ratio (DPR) is 59.38%.

Institutional Investors Weigh In On Schneider National

Several institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd increased its stake in Schneider National by 2,425.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock worth $36,000 after purchasing an additional 1,625 shares during the period. Elevation Point Wealth Partners LLC bought a new position in shares of Schneider National in the second quarter worth approximately $37,000. KBC Group NV grew its holdings in shares of Schneider National by 86.3% in the second quarter. KBC Group NV now owns 2,290 shares of the company’s stock worth $55,000 after purchasing an additional 1,061 shares during the last quarter. Quarry LP increased its stake in shares of Schneider National by 36.7% in the third quarter. Quarry LP now owns 3,404 shares of the company’s stock worth $72,000 after buying an additional 913 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in Schneider National by 2,943.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 3,500 shares of the company’s stock valued at $85,000 after buying an additional 3,385 shares during the last quarter. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

Schneider National Company Profile

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.