Equities research analysts expect Schneider National Inc (NYSE:SNDR) to announce earnings of $0.42 per share for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for Schneider National’s earnings, with the highest EPS estimate coming in at $0.47 and the lowest estimate coming in at $0.38. Schneider National reported earnings of $0.49 per share during the same quarter last year, which indicates a negative year over year growth rate of 14.3%. The company is scheduled to announce its next earnings report on Thursday, January 30th.
On average, analysts expect that Schneider National will report full year earnings of $1.30 per share for the current year, with EPS estimates ranging from $1.25 to $1.34. For the next year, analysts anticipate that the business will post earnings of $1.38 per share, with EPS estimates ranging from $1.25 to $1.54. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that follow Schneider National.
Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.02). Schneider National had a return on equity of 11.12% and a net margin of 3.58%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the company earned $0.40 EPS. The firm’s revenue was down 7.5% on a year-over-year basis.
SNDR has been the subject of several recent research reports. Morgan Stanley set a $32.00 target price on shares of Schneider National and gave the stock a “buy” rating in a report on Friday, November 1st. Citigroup upgraded shares of Schneider National from a “neutral” rating to a “buy” rating and increased their target price for the stock from $22.00 to $23.00 in a report on Tuesday, September 3rd. Susquehanna Bancshares initiated coverage on shares of Schneider National in a report on Thursday, September 5th. They set a “positive” rating and a $23.00 target price for the company. Stephens set a $27.00 target price on shares of Schneider National and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Credit Suisse Group set a $21.00 target price on shares of Schneider National and gave the stock a “hold” rating in a report on Friday, November 1st. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $24.55.
SNDR traded down $0.02 during trading hours on Wednesday, hitting $23.30. 259,865 shares of the company’s stock were exchanged, compared to its average volume of 546,135. Schneider National has a 1-year low of $16.59 and a 1-year high of $24.38. The stock’s 50-day moving average is $22.58 and its two-hundred day moving average is $20.00. The stock has a market cap of $4.11 billion, a price-to-earnings ratio of 15.03, a PEG ratio of 5.73 and a beta of 1.62. The company has a quick ratio of 2.10, a current ratio of 2.19 and a debt-to-equity ratio of 0.14.
The company also recently declared a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Friday, December 13th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Thursday, December 12th. Schneider National’s dividend payout ratio is currently 15.48%.
In other Schneider National news, VP Amy G. Schilling sold 8,000 shares of the stock in a transaction on Monday, November 4th. The shares were sold at an average price of $23.99, for a total value of $191,920.00. Company insiders own 28.00% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its position in shares of Schneider National by 119.2% in the third quarter. Massachusetts Financial Services Co. MA now owns 3,099,866 shares of the company’s stock valued at $67,329,000 after purchasing an additional 1,686,004 shares during the period. GW&K Investment Management LLC raised its position in shares of Schneider National by 13.2% in the third quarter. GW&K Investment Management LLC now owns 879,619 shares of the company’s stock valued at $19,106,000 after purchasing an additional 102,646 shares during the period. First Trust Advisors LP raised its position in shares of Schneider National by 30.4% in the third quarter. First Trust Advisors LP now owns 534,972 shares of the company’s stock valued at $11,620,000 after purchasing an additional 124,805 shares during the period. Mackay Shields LLC raised its position in shares of Schneider National by 220.9% in the third quarter. Mackay Shields LLC now owns 143,991 shares of the company’s stock valued at $3,128,000 after purchasing an additional 99,124 shares during the period. Finally, California Public Employees Retirement System raised its position in shares of Schneider National by 10.0% in the third quarter. California Public Employees Retirement System now owns 112,606 shares of the company’s stock valued at $2,446,000 after purchasing an additional 10,241 shares during the period. 25.49% of the stock is currently owned by institutional investors.
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, first to final mile delivery, and customized solutions for time-sensitive loads.
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