Schneider National, Inc. (NYSE:SNDR) Short Interest Up 41.7% in December

Schneider National, Inc. (NYSE:SNDR) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 5,170,467 shares, an increase of 41.7% from the November 30th total of 3,649,401 shares. Approximately 3.9% of the company’s shares are sold short. Based on an average daily trading volume, of 1,205,252 shares, the short-interest ratio is presently 4.3 days. Based on an average daily trading volume, of 1,205,252 shares, the short-interest ratio is presently 4.3 days. Approximately 3.9% of the company’s shares are sold short.

Analyst Ratings Changes

SNDR has been the topic of several recent research reports. Stifel Nicolaus raised their target price on Schneider National from $25.00 to $29.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. Bank of America lifted their price objective on shares of Schneider National from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, December 24th. JPMorgan Chase & Co. decreased their target price on shares of Schneider National from $28.00 to $27.00 and set a “neutral” 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 report on Monday, October 13th. Finally, Citigroup cut their target price on Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Schneider National presently has an average rating of “Hold” and a consensus price target of $26.20.

Schneider National Price Performance

NYSE:SNDR traded up $0.03 during mid-day trading on Monday, reaching $27.32. 778,679 shares of the stock were exchanged, compared to its average volume of 1,009,171. Schneider National has a 1-year low of $20.11 and a 1-year high of $31.19. The business has a fifty day moving average price of $23.87 and a 200 day moving average price of $24.03. The firm has a market capitalization of $4.79 billion, a PE ratio of 42.68, a PEG ratio of 1.07 and a beta of 1.09. The company has a current ratio of 2.11, a quick ratio of 1.93 and a debt-to-equity ratio of 0.17.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data 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 firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.18 earnings per share. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Research analysts expect that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business 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 59.38%.

Institutional Investors Weigh In On Schneider National

Hedge funds have recently bought and sold shares of the company. Blueprint Financial Advisors LLC acquired a new stake in Schneider National in the 2nd quarter valued at about $4,722,000. American Century Companies Inc. grew its stake in shares of Schneider National by 14.8% during the second quarter. American Century Companies Inc. now owns 2,991,213 shares of the company’s stock valued at $72,238,000 after purchasing an additional 386,340 shares during the last quarter. Ceredex Value Advisors LLC increased its holdings in shares of Schneider National by 25.9% in the second quarter. Ceredex Value Advisors LLC now owns 535,150 shares of the company’s stock valued at $12,924,000 after purchasing an additional 109,950 shares in the last quarter. Amundi raised its position in Schneider National by 97,065.2% in the 1st quarter. Amundi now owns 89,392 shares of the company’s stock worth $1,956,000 after purchasing an additional 89,300 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Schneider National by 3.9% in the 2nd quarter. Geode Capital Management LLC now owns 836,497 shares of the company’s stock worth $20,205,000 after purchasing an additional 31,387 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors.

Schneider National Company Profile

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.