Equities research analysts expect Schneider National Inc (NYSE:SNDR) to announce earnings of $0.31 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Schneider National’s earnings, with estimates ranging from $0.27 to $0.33. Schneider National posted earnings per share of $0.27 in the same quarter last year, which suggests a positive year over year growth rate of 14.8%. The company is scheduled to announce its next quarterly earnings report before the market opens on Thursday, May 2nd.
On average, analysts expect that Schneider National will report full year earnings of $1.69 per share for the current year, with EPS estimates ranging from $1.60 to $1.75. For the next year, analysts anticipate that the company will post earnings of $1.80 per share, with EPS estimates ranging from $1.50 to $1.94. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Schneider National.
Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, January 31st. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.46 by $0.03. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a net margin of 5.40% and a return on equity of 13.57%.
Several analysts have recently issued reports on the company. Zacks Investment Research cut Schneider National from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Stephens upgraded Schneider National from an “equal weight” rating to an “overweight” rating and set a $24.00 price target for the company in a research note on Friday, January 4th. Bank of America upgraded Schneider National from an “underperform” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Monday, February 4th. ValuEngine cut Schneider National from a “hold” rating to a “sell” rating in a research note on Friday, February 8th. Finally, Buckingham Research decreased their price target on Schneider National from $30.00 to $29.00 and set a “buy” rating for the company in a research note on Tuesday, April 2nd. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. Schneider National currently has an average rating of “Hold” and a consensus target price of $27.70.
Shares of Schneider National stock traded up $0.27 during midday trading on Friday, hitting $21.62. 475,117 shares of the company traded hands, compared to its average volume of 587,068. The firm has a market capitalization of $3.83 billion, a PE ratio of 13.95, a price-to-earnings-growth ratio of 1.20 and a beta of 1.51. The company has a current ratio of 2.53, a quick ratio of 2.42 and a debt-to-equity ratio of 0.17. Schneider National has a 12 month low of $17.56 and a 12 month high of $30.52.
The firm also recently declared a quarterly dividend, which was paid on Monday, April 8th. Shareholders of record on Friday, March 15th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend was Thursday, March 14th. Schneider National’s dividend payout ratio (DPR) is presently 15.48%.
In other news, CEO Christopher B. Lofgren sold 54,005 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $22.02, for a total value of $1,189,190.10. Following the completion of the transaction, the chief executive officer now directly owns 1,425,042 shares in the company, valued at $31,379,424.84. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Christopher B. Lofgren sold 245,995 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $21.52, for a total value of $5,293,812.40. Following the completion of the transaction, the chief executive officer now owns 1,378,534 shares of the company’s stock, valued at $29,666,051.68. The disclosure for this sale can be found here. Company insiders own 28.00% of the company’s stock.
Several large investors have recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Schneider National during the fourth quarter worth $17,312,000. BlackRock Inc. raised its stake in Schneider National by 25.6% in the fourth quarter. BlackRock Inc. now owns 1,757,189 shares of the company’s stock valued at $32,807,000 after purchasing an additional 358,083 shares in the last quarter. Millennium Management LLC raised its stake in Schneider National by 33.8% in the fourth quarter. Millennium Management LLC now owns 1,389,701 shares of the company’s stock valued at $25,946,000 after purchasing an additional 350,953 shares in the last quarter. Two Sigma Advisers LP raised its stake in Schneider National by 60.5% in the fourth quarter. Two Sigma Advisers LP now owns 876,600 shares of the company’s stock valued at $16,366,000 after purchasing an additional 330,400 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of Schneider National by 8.7% during the third quarter. Morgan Stanley now owns 4,051,825 shares of the company’s stock worth $101,216,000 after acquiring an additional 323,800 shares in the last quarter. Hedge funds and other institutional investors own 23.19% of the company’s stock.
Schneider National Company Profile
Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, first to final mile delivery, and customized solutions for time-sensitive loads.
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