Schneider National (NYSE:SNDR) Price Target Raised to $32.00

Schneider National (NYSE:SNDR) had its price objective hoisted by Stifel Nicolaus from $29.00 to $32.00 in a report released on Wednesday,Benzinga reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also recently commented on SNDR. Weiss Ratings reissued a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. Bank of America raised shares of Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Friday, January 9th. Wells Fargo & Company lifted their target price on shares of Schneider National from $23.00 to $30.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 6th. Evercore ISI upped their target price on shares of Schneider National from $21.00 to $30.00 and gave the stock an “in-line” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. raised their price target on shares of Schneider National from $27.00 to $28.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $28.80.

Schneider National Stock Down 1.6%

NYSE:SNDR opened at $29.32 on Wednesday. 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 firm’s 50-day moving average price is $25.49 and its 200-day moving average price is $24.43. The company has a market capitalization of $5.14 billion, a PE ratio of 45.81, a P/E/G ratio of 0.75 and a beta of 1.08. Schneider National has a 1-year low of $20.11 and a 1-year high of $31.19.

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

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Friday, December 12th were given a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, December 12th. Schneider National’s payout ratio is 59.38%.

Hedge Funds Weigh In On Schneider National

A number of institutional investors and hedge funds have recently modified their holdings of SNDR. Blueprint Financial Advisors LLC bought a new stake in shares of Schneider National during the 2nd quarter valued at about $4,722,000. American Century Companies Inc. lifted its stake in shares of Schneider National by 14.8% in the 2nd quarter. American Century Companies Inc. now owns 2,991,213 shares of the company’s stock worth $72,238,000 after purchasing an additional 386,340 shares during the period. Ceredex Value Advisors LLC grew its position in Schneider National by 25.9% during the second quarter. Ceredex Value Advisors LLC now owns 535,150 shares of the company’s stock valued at $12,924,000 after buying an additional 109,950 shares during the period. Geode Capital Management LLC increased its holdings in Schneider National by 3.9% during the second quarter. Geode Capital Management LLC now owns 836,497 shares of the company’s stock valued at $20,205,000 after buying an additional 31,387 shares during the last quarter. Finally, Blueprint Investment Partners LLC purchased a new position in shares of Schneider National during the 2nd quarter worth $4,722,000. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

About Schneider National

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.