Schneider National Inc (NASDAQ:SNDR) had its price target hoisted by Morgan Stanley from $26.00 to $28.00 in a research note issued to investors on Wednesday. Morgan Stanley currently has an overweight rating on the stock.
SNDR has been the topic of a number of other research reports. Zacks Investment Research raised Schneider National from a sell rating to a hold rating in a report on Tuesday, August 29th. KeyCorp began coverage on Schneider National in a research report on Tuesday, October 10th. They set a sector weight rating on the stock. UBS AG reiterated a buy rating and set a $30.00 price target (up from $24.00) on shares of Schneider National in a research report on Friday, September 29th. BidaskClub cut Schneider National from a strong-buy rating to a buy rating in a research report on Tuesday, November 7th. Finally, Robert W. Baird reiterated a buy rating and set a $28.00 price target on shares of Schneider National in a research report on Friday, October 6th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Schneider National currently has an average rating of Buy and an average target price of $25.11.
Schneider National (NASDAQ SNDR) traded down $0.25 during trading hours on Wednesday, reaching $24.82. The company’s stock had a trading volume of 497,859 shares, compared to its average volume of 682,244. Schneider National has a 52 week low of $17.69 and a 52 week high of $28.32.
Schneider National (NASDAQ:SNDR) last released its earnings results on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). Schneider National had a return on equity of 13.37% and a net margin of 4.32%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period in the prior year, the business earned $0.24 EPS. The company’s quarterly revenue was up 5.5% on a year-over-year basis.
The business also recently declared a quarterly dividend, which will be paid on Monday, January 8th. Stockholders of record on Friday, December 15th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, December 14th.
A number of institutional investors and hedge funds have recently bought and sold shares of SNDR. Vanguard Group Inc. acquired a new stake in Schneider National in the 2nd quarter valued at approximately $67,293,000. Associated Banc Corp acquired a new stake in Schneider National in the 2nd quarter valued at approximately $56,314,000. Schmidt P J Investment Management Inc. acquired a new stake in Schneider National in the 2nd quarter valued at approximately $37,752,000. Jennison Associates LLC acquired a new stake in Schneider National in the 2nd quarter valued at approximately $32,787,000. Finally, Citadel Advisors LLC acquired a new stake in Schneider National in the 2nd quarter valued at approximately $32,099,000.
Schneider National Company Profile
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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