Brokerages Anticipate Schneider National Inc (SNDR) Will Post Earnings of $0.23 Per Share

Wall Street analysts expect that Schneider National Inc (NYSE:SNDR) will post $0.23 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Schneider National’s earnings, with the highest EPS estimate coming in at $0.25 and the lowest estimate coming in at $0.22. Schneider National posted earnings per share of $0.15 during the same quarter last year, which indicates a positive year-over-year growth rate of 53.3%. The company is expected to issue its next earnings results on Thursday, May 10th.

On average, analysts expect that Schneider National will report full-year earnings of $1.40 per share for the current year, with EPS estimates ranging from $1.35 to $1.45. For the next fiscal year, analysts expect that the firm will post earnings of $1.62 per share, with EPS estimates ranging from $1.55 to $1.71. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Schneider National.

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Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, February 1st. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01. Schneider National had a return on equity of 10.24% and a net margin of 8.89%. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the business earned $0.31 EPS. The business’s revenue was up 11.3% on a year-over-year basis.

SNDR has been the topic of several recent analyst reports. KeyCorp restated a “hold” rating on shares of Schneider National in a research note on Monday, November 13th. Citigroup cut Schneider National from a “buy” rating to a “neutral” rating in a research note on Thursday, January 4th. Robert W. Baird restated a “buy” rating and set a $32.00 price objective on shares of Schneider National in a research note on Friday, February 2nd. Credit Suisse Group raised their price objective on Schneider National from $31.00 to $32.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Finally, Stephens restated a “hold” rating and set a $29.00 price objective on shares of Schneider National in a research note on Friday, February 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Schneider National currently has a consensus rating of “Buy” and an average target price of $29.80.

In other news, CFO Lori A. Lutey sold 70,000 shares of Schneider National stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $28.11, for a total transaction of $1,967,700.00. Following the sale, the chief financial officer now directly owns 515,838 shares in the company, valued at approximately $14,500,206.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC bought a new stake in shares of Schneider National during the 4th quarter worth $175,000. Pacer Advisors Inc. bought a new stake in shares of Schneider National during the 3rd quarter worth $182,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Schneider National in the 3rd quarter valued at about $207,000. Verition Fund Management LLC bought a new stake in Schneider National in the 4th quarter valued at about $232,000. Finally, Virtu Financial LLC bought a new stake in Schneider National in the 4th quarter valued at about $251,000. Institutional investors own 23.27% of the company’s stock.

Shares of Schneider National (NYSE SNDR) traded up $0.50 during trading hours on Thursday, reaching $27.48. The company’s stock had a trading volume of 474,366 shares, compared to its average volume of 529,018. The company has a current ratio of 2.37, a quick ratio of 2.19 and a debt-to-equity ratio of 0.22. Schneider National has a fifty-two week low of $17.69 and a fifty-two week high of $30.00. The company has a market cap of $4,861.60 and a PE ratio of 29.23.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 9th. Stockholders of record on Thursday, March 15th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.87%. This is a boost from Schneider National’s previous quarterly dividend of $0.05. The ex-dividend date is Wednesday, March 14th. Schneider National’s payout ratio is presently 9.01%.

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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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