Stifel Nicolaus began coverage on shares of Schneider National (NYSE:SNDR) in a research report report published on Friday, MarketBeat Ratings reports. The brokerage issued a hold rating and a $29.00 price objective on the stock.
A number of other brokerages also recently weighed in on SNDR. Wolfe Research upgraded Schneider National from an underperform rating to a peer perform rating in a report on Monday, April 30th. Morgan Stanley increased their price target on Schneider National from $35.00 to $36.00 and gave the stock an overweight rating in a report on Monday, April 30th. Zacks Investment Research upgraded Schneider National from a hold rating to a buy rating and set a $30.00 price target for the company in a report on Wednesday, May 2nd. ValuEngine upgraded Schneider National from a hold rating to a buy rating in a report on Wednesday, May 2nd. Finally, Credit Suisse Group increased their price target on Schneider National from $29.00 to $30.00 and gave the stock an outperform rating in a report on Friday, April 27th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of $31.00.
Get Schneider National alerts:Shares of Schneider National opened at $27.51 on Friday, MarketBeat Ratings reports. The firm has a market cap of $4.89 billion, a P/E ratio of 29.27, a P/E/G ratio of 1.45 and a beta of 1.18. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 2.27. Schneider National has a 12-month low of $20.18 and a 12-month high of $30.52.
Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, April 26th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.03. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.13 billion. Schneider National had a return on equity of 10.55% and a net margin of 9.19%. Schneider National’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period last year, the company earned $0.15 EPS. analysts expect that Schneider National will post 1.46 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, July 9th. Stockholders of record on Friday, June 15th will be paid a $0.06 dividend. The ex-dividend date is Thursday, June 14th. This represents a $0.24 annualized dividend and a dividend yield of 0.87%. Schneider National’s dividend payout ratio is presently 25.53%.
Institutional investors and hedge funds have recently modified their holdings of the company. Verition Fund Management LLC acquired a new stake in shares of Schneider National in the 4th quarter valued at about $232,000. Virtu Financial LLC acquired a new stake in shares of Schneider National in the 4th quarter valued at about $251,000. Principal Financial Group Inc. acquired a new stake in shares of Schneider National in the 1st quarter valued at about $251,000. Trexquant Investment LP acquired a new stake in shares of Schneider National in the 1st quarter valued at about $280,000. Finally, LPL Financial LLC acquired a new stake in shares of Schneider National in the 1st quarter valued at about $316,000. Institutional investors own 25.46% of the company’s stock.
About Schneider National
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, final mile delivery, and customized solutions for time-sensitive loads.
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