Schneider National (NYSE:SNDR) Hits New 52-Week Low Following Weak Earnings

Schneider National, Inc. (NYSE:SNDR)’s stock price hit a new 52-week low during mid-day trading on Friday following a weaker than expected earnings announcement. The stock traded as low as $20.22 and last traded at $20.3050, with a volume of 1692585 shares traded. The stock had previously closed at $22.63.

The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a net margin of 2.03% and a return on equity of 4.04%. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter last year, the business posted $0.18 EPS. Schneider National’s quarterly revenue was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS.

Schneider National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Friday, December 12th. Schneider National’s dividend payout ratio (DPR) is 54.29%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. lowered their price objective on Schneider National from $28.00 to $27.00 and set a “neutral” rating for the company in a research note on Friday. Erste Group Bank upgraded Schneider National from a “hold” rating to a “buy” rating in a research note on Thursday, September 11th. Evercore ISI lowered their price objective on Schneider National from $22.00 to $21.00 and set an “in-line” rating for the company in a research note on Friday. Citigroup lowered their price objective on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, October 13th. Finally, Susquehanna lowered their price objective on Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $25.79.

Insider Activity at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of Schneider National stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total value of $891,478.56. Following the completion of the transaction, the executive vice president owned 72,870 shares in the company, valued at approximately $1,775,113.20. This trade represents a 33.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 32.68% of the company’s stock.

Institutional Trading of Schneider National

Several hedge funds have recently made changes to their positions in SNDR. WPG Advisers LLC bought a new stake in shares of Schneider National in the 1st quarter worth approximately $25,000. KBC Group NV bought a new stake in shares of Schneider National in the 1st quarter worth approximately $28,000. Quarry LP bought a new stake in shares of Schneider National in the 1st quarter worth approximately $32,000. Elevation Point Wealth Partners LLC bought a new stake in shares of Schneider National in the 2nd quarter worth approximately $37,000. Finally, CWM LLC lifted its holdings in shares of Schneider National by 103.4% in the 1st quarter. CWM LLC now owns 3,513 shares of the company’s stock worth $80,000 after purchasing an additional 1,786 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Trading Up 5.9%

The firm has a fifty day moving average of $23.04 and a 200-day moving average of $23.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 2.11. The firm has a market cap of $3.76 billion, a P/E ratio of 33.51, a P/E/G ratio of 0.69 and a beta of 1.06.

About Schneider National

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.