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

Schneider National (NYSE:SNDRFree Report) 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.

Read Our Latest Stock Analysis on SNDR

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:SNDRGet Free Report) 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

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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.

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Analyst Recommendations for Schneider National (NYSE:SNDR)

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