Schneider National (NYSE:SNDR) Given New $27.00 Price Target at Stifel Nicolaus

Schneider National (NYSE:SNDR) had its price target increased by Stifel Nicolaus from $25.00 to $27.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a hold rating on the stock.

Several other analysts also recently weighed in on the stock. JPMorgan Chase & Co. dropped their target price on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Benchmark lifted their price objective on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. The Goldman Sachs Group decreased their target price on Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Susquehanna dropped their target price on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Finally, Citigroup started coverage on shares of Schneider National in a research note on Wednesday, October 9th. They set a “neutral” rating and a $29.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Schneider National currently has a consensus rating of “Hold” and a consensus price target of $28.31.

Schneider National Trading Down 2.2 %

SNDR opened at $30.58 on Monday. The firm has a market capitalization of $5.36 billion, a price-to-earnings ratio of 49.31, a price-to-earnings-growth ratio of 3.80 and a beta of 0.85. The company’s 50 day simple moving average is $28.33 and its two-hundred day simple moving average is $25.62. Schneider National has a 1-year low of $20.50 and a 1-year high of $32.14. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53.

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

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a $0.095 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.24%. Schneider National’s dividend payout ratio (DPR) is 61.29%.

Institutional Investors Weigh In On Schneider National

A number of institutional investors have recently modified their holdings of SNDR. Vanguard Group Inc. boosted its holdings in shares of Schneider National by 10.6% during the first quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock valued at $91,964,000 after acquiring an additional 388,913 shares during the period. Dimensional Fund Advisors LP lifted its position in Schneider National by 6.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,013,001 shares of the company’s stock valued at $96,953,000 after purchasing an additional 228,661 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in Schneider National by 1.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 2,914,631 shares of the company’s stock valued at $83,184,000 after purchasing an additional 48,905 shares during the period. Earnest Partners LLC grew its position in Schneider National by 25.5% in the 2nd quarter. Earnest Partners LLC now owns 2,166,146 shares of the company’s stock worth $52,334,000 after purchasing an additional 440,545 shares during the last quarter. Finally, American Century Companies Inc. grew its position in Schneider National by 10.9% in the 2nd quarter. American Century Companies Inc. now owns 1,906,179 shares of the company’s stock worth $46,053,000 after purchasing an additional 186,857 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Company Profile

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.