Schneider National (NYSE:SNDR) Price Target Raised to $29.00

Schneider National (NYSE:SNDR) had its price objective boosted by Stifel Nicolaus from $25.00 to $29.00 in a research note released on Tuesday morning,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

SNDR has been the subject of a number of other reports. TD Cowen cut their price objective on Schneider National from $25.00 to $23.00 and set a “buy” rating for the company in a research note on Friday, October 31st. Zacks Research lowered shares of Schneider National from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. Raymond James Financial upgraded shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 price objective on the stock in a research report on Wednesday, December 3rd. Erste Group Bank upgraded shares of Schneider National from a “hold” rating to a “buy” rating in a research note on Thursday, September 11th. Finally, Citigroup cut their price target on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Schneider National has an average rating of “Hold” and a consensus target price of $26.07.

Schneider National Trading Up 0.8%

Shares of SNDR stock opened at $26.96 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93. The company has a market cap of $4.73 billion, a price-to-earnings ratio of 42.13, a PEG ratio of 1.05 and a beta of 1.09. Schneider National has a 1 year low of $20.11 and a 1 year high of $31.19. The firm has a fifty day moving average price of $23.26 and a 200-day moving average price of $23.88.

Schneider National (NYSE:SNDR) last released its earnings results on Thursday, October 30th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.09). The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Schneider National had a net margin of 2.03% and a return on equity of 4.04%. Schneider National’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.18 earnings per share. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. As a group, equities analysts predict that Schneider National will post 1.12 earnings per share for the current year.

Schneider National Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Friday, December 12th will be issued a dividend of $0.095 per share. This represents a $0.38 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, December 12th. Schneider National’s dividend payout ratio (DPR) is currently 59.38%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SNDR. PNC Financial Services Group Inc. grew its holdings in shares of Schneider National by 8.6% in the first quarter. PNC Financial Services Group Inc. now owns 5,646 shares of the company’s stock valued at $129,000 after purchasing an additional 448 shares in the last quarter. Invesco Ltd. grew its stake in shares of Schneider National by 1.5% in the 1st quarter. Invesco Ltd. now owns 580,860 shares of the company’s stock worth $13,273,000 after buying an additional 8,677 shares in the last quarter. Nuveen LLC bought a new stake in shares of Schneider National in the 1st quarter worth about $5,631,000. Public Sector Pension Investment Board increased its holdings in shares of Schneider National by 26.5% in the 1st quarter. Public Sector Pension Investment Board now owns 149,032 shares of the company’s stock worth $3,405,000 after buying an additional 31,216 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Schneider National during the 1st quarter valued at about $324,000. 28.54% of the stock is currently owned by institutional investors.

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.