Schneider National (NYSE:SNDR) Stock Gets Price Target Cut from Citigroup

Schneider National (NYSE:SNDR) had its price target trimmed by Citigroup from $38.00 to $33.00 in a research report released on Wednesday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other brokerages have also recently issued reports on SNDR. UBS Group upped their target price on shares of Schneider National from $27.00 to $34.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. National Bank Financial set a $38.00 price target on Schneider National in a report on Friday, July 31st. Benchmark reissued a “buy” rating on shares of Schneider National in a research report on Thursday, July 16th. Stephens upgraded Schneider National to a “hold” rating in a research note on Wednesday, July 8th. Finally, Weiss Ratings upgraded Schneider National from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Five investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $33.69.

Schneider National Price Performance

NYSE:SNDR opened at $31.50 on Wednesday. Schneider National has a 1-year low of $20.11 and a 1-year high of $39.27. The company has a current ratio of 2.03, a quick ratio of 1.94 and a debt-to-equity ratio of 0.13. The firm has a fifty day simple moving average of $33.92 and a 200 day simple moving average of $33.39. The stock has a market capitalization of $5.52 billion, a PE ratio of 49.22, a P/E/G ratio of 0.72 and a beta of 1.21.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, July 30th. The company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.06. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.52 billion. Schneider National had a net margin of 1.92% and a return on equity of 3.89%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.21 earnings per share. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. On average, research analysts expect that Schneider National will post 1.04 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, September 11th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, September 11th. Schneider National’s dividend payout ratio (DPR) is currently 62.50%.

Insider Activity

In related news, insider Mark Rourke sold 52,682 shares of Schneider National stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $35.94, for a total transaction of $1,893,391.08. Following the completion of the sale, the insider owned 221,522 shares of the company’s stock, valued at approximately $7,961,500.68. The trade was a 19.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 23.64% of the company’s stock.

Institutional Investors Weigh In On Schneider National

Hedge funds have recently bought and sold shares of the stock. Polaris Financial Partners acquired a new position in shares of Schneider National in the third quarter valued at approximately $48,000. QRG Capital Management Inc. lifted its holdings in Schneider National by 14.0% during the 2nd quarter. QRG Capital Management Inc. now owns 85,178 shares of the company’s stock worth $3,112,000 after purchasing an additional 10,476 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in Schneider National by 14.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 9,035 shares of the company’s stock worth $330,000 after purchasing an additional 1,162 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in Schneider National by 10.4% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 17,460 shares of the company’s stock valued at $638,000 after purchasing an additional 1,650 shares during the period. Finally, Tidal Investments LLC boosted its stake in Schneider National by 32.8% in the 2nd quarter. Tidal Investments LLC now owns 25,861 shares of the company’s stock valued at $945,000 after purchasing an additional 6,381 shares during the period. 28.54% of the stock is currently owned by institutional investors and hedge funds.

Schneider National Company Profile

Schneider National, Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, dedicated transportation, intermodal transportation, brokerage, supply chain management and logistics services.

The company serves manufacturers, retailers and other businesses through a range of shipping and distribution solutions. Its services include long-haul and regional freight transportation, dedicated fleets tailored to individual customers, rail-and-truck intermodal shipping, freight brokerage and logistics planning and management.

Founded in 1935 by Al Schneider, the company is headquartered in Green Bay, Wisconsin, and serves customers primarily in the United States, Canada and Mexico.