Schneider National Inc (NYSE:SNDR) – Research analysts at KeyCorp reduced their Q1 2019 EPS estimates for shares of Schneider National in a report issued on Wednesday, March 13th. KeyCorp analyst T. Fowler now forecasts that the company will earn $0.32 per share for the quarter, down from their prior estimate of $0.33. KeyCorp also issued estimates for Schneider National’s Q2 2019 earnings at $0.43 EPS, FY2019 earnings at $1.65 EPS and FY2020 earnings at $1.75 EPS.
Other research analysts have also recently issued research reports about the stock. ValuEngine upgraded shares of Schneider National from a “sell” rating to a “hold” rating in a research note on Thursday, February 14th. Stephens upgraded shares of Schneider National from an “equal weight” rating to an “overweight” rating and set a $24.00 price target on the stock in a research note on Friday, January 4th. Zacks Investment Research cut shares of Schneider National from a “hold” rating to a “sell” rating in a research note on Saturday, February 9th. JPMorgan Chase & Co. cut shares of Schneider National from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $27.00 to $23.00 in a research note on Tuesday, December 18th. Finally, Bank of America upgraded shares of Schneider National from an “underperform” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Monday, February 4th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $28.00.
Shares of Schneider National stock opened at $21.76 on Friday. The firm has a market cap of $3.85 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 0.99 and a beta of 1.53. Schneider National has a 1-year low of $17.56 and a 1-year high of $30.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.42 and a current ratio of 2.53.
Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, January 31st. The company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. Schneider National had a net margin of 5.40% and a return on equity of 13.57%.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. First Hawaiian Bank increased its holdings in Schneider National by 163.1% in the 4th quarter. First Hawaiian Bank now owns 3,039 shares of the company’s stock valued at $57,000 after acquiring an additional 1,884 shares during the last quarter. Quantamental Technologies LLC bought a new stake in Schneider National in the 4th quarter valued at $99,000. Stevens Capital Management LP bought a new stake in Schneider National in the 3rd quarter valued at $208,000. Jane Street Group LLC bought a new stake in Schneider National in the 4th quarter valued at $224,000. Finally, CWM LLC bought a new stake in Schneider National in the 4th quarter valued at $239,000. Institutional investors own 22.67% of the company’s stock.
In related news, CEO Christopher B. Lofgren sold 245,995 shares of Schneider National stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $21.52, for a total transaction of $5,293,812.40. Following the transaction, the chief executive officer now owns 1,378,534 shares in the company, valued at approximately $29,666,051.68. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Christopher B. Lofgren sold 54,005 shares of Schneider National stock in a transaction on Friday, March 1st. The shares were sold at an average price of $22.02, for a total transaction of $1,189,190.10. Following the transaction, the chief executive officer now owns 1,425,042 shares in the company, valued at approximately $31,379,424.84. The disclosure for this sale can be found here. 43.46% of the stock is currently owned by insiders.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 8th. Investors of record on Friday, March 15th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Thursday, March 14th. Schneider National’s dividend payout ratio (DPR) is 15.48%.
About Schneider National
Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.
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