Schneider National (NYSE:SNDR) Hits New 1-Year High – Here’s Why

Schneider National, Inc. (NYSE:SNDRGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $33.59 and last traded at $33.6420, with a volume of 430249 shares changing hands. The stock had previously closed at $32.16.

Wall Street Analyst Weigh In

Several equities research analysts have commented on SNDR shares. Susquehanna boosted their price objective on Schneider National from $28.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 22nd. Stifel Nicolaus downgraded shares of Schneider National from a “buy” rating to a “hold” rating and reduced their target price for the stock from $32.00 to $26.00 in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. lifted their target price on Schneider National from $26.00 to $31.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Schneider National in a research report on Friday, March 27th. Finally, TD Cowen upped their price objective on shares of Schneider National from $30.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Schneider National presently has a consensus rating of “Hold” and an average target price of $31.71.

Get Our Latest Stock Report on SNDR

Schneider National Stock Up 4.1%

The business’s fifty day moving average is $27.95 and its two-hundred day moving average is $27.00. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 59.73, a PEG ratio of 0.90 and a beta of 1.14. The company has a quick ratio of 1.83, a current ratio of 1.95 and a debt-to-equity ratio of 0.13.

Schneider National (NYSE:SNDRGet Free Report) last released its earnings results on Thursday, April 30th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Schneider National had a net margin of 1.73% and a return on equity of 3.45%. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same period in the prior year, the business earned $0.16 EPS. The firm’s quarterly revenue was down .2% on a year-over-year basis. Schneider National has set its FY 2026 guidance at 0.700-1.00 EPS. Equities analysts forecast that Schneider National, Inc. will post 0.9 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Friday, June 12th will be issued a $0.10 dividend. The ex-dividend date is Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.2%. Schneider National’s dividend payout ratio (DPR) is 71.43%.

Schneider National declared that its board has approved a stock buyback program on Wednesday, January 28th that authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Schneider National

In related news, VP Magnin Shelly A. Dumas sold 2,425 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $30.90, for a total transaction of $74,932.50. Following the sale, the vice president directly owned 24,697 shares in the company, valued at approximately $763,137.30. This represents a 8.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Darrell George Campbell sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $28.89, for a total transaction of $173,340.00. Following the completion of the sale, the chief financial officer directly owned 66,275 shares in the company, valued at approximately $1,914,684.75. This trade represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. 23.64% of the stock is owned by company insiders.

Institutional Investors Weigh In On Schneider National

A number of large investors have recently modified their holdings of the company. Edgestream Partners L.P. acquired a new stake in shares of Schneider National in the 1st quarter valued at $2,995,000. Amundi lifted its holdings in Schneider National by 58.4% during the 1st quarter. Amundi now owns 26,023 shares of the company’s stock worth $686,000 after buying an additional 9,592 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Schneider National by 47.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,516 shares of the company’s stock worth $40,000 after acquiring an additional 489 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of Schneider National by 28.1% during the 1st quarter. California State Teachers Retirement System now owns 64,722 shares of the company’s stock worth $1,706,000 after acquiring an additional 14,198 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Schneider National by 6.7% in the 1st quarter. Royal Bank of Canada now owns 50,570 shares of the company’s stock valued at $1,333,000 after acquiring an additional 3,154 shares during the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

About Schneider National

(Get Free Report)

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.

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