Schneider National (NYSE:SNDR) Price Target Raised to $34.00

Schneider National (NYSE:SNDR) had its price target raised by TD Cowen from $32.00 to $34.00 in a research note released on Tuesday morning, Marketbeat reports. They currently have a buy rating on the stock.

Several other equities research analysts have also issued reports on the stock. Robert W. Baird lifted their price target on shares of Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. Evercore ISI dropped their target price on Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a report on Thursday, November 7th. Citigroup downgraded Schneider National from a “neutral” rating to a “sell” rating and decreased their price target for the company from $32.00 to $30.00 in a research note on Tuesday, November 12th. Susquehanna lowered their price target on Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Finally, Benchmark raised their target price on shares of Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $29.08.

Schneider National Stock Down 1.3 %

NYSE:SNDR opened at $32.85 on Tuesday. The stock has a 50-day simple moving average of $29.06 and a 200 day simple moving average of $26.26. Schneider National has a 52-week low of $20.50 and a 52-week high of $33.60. The company has a market cap of $5.75 billion, a PE ratio of 52.98, a PEG ratio of 3.88 and a beta of 0.85. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. On average, sell-side analysts expect that Schneider National will post 0.7 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Friday, December 13th. Schneider National’s payout ratio is 61.29%.

Institutional Trading of Schneider National

Institutional investors have recently bought and sold shares of the business. Innealta Capital LLC bought a new stake in Schneider National during the 2nd quarter worth approximately $53,000. DekaBank Deutsche Girozentrale acquired a new stake in Schneider National in the third quarter worth $73,000. Hilltop National Bank grew its stake in shares of Schneider National by 28.5% in the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after buying an additional 676 shares during the period. Quarry LP bought a new stake in shares of Schneider National during the third quarter valued at approximately $90,000. Finally, SG Americas Securities LLC bought a new stake in Schneider National during the 3rd quarter valued at $109,000. Institutional investors own 28.54% of the company’s stock.

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.