Schneider National (NYSE:SNDR) Hits New 12-Month High – Still a Buy?

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

Analysts Set New Price Targets

SNDR has been the subject of a number of research reports. Stifel Nicolaus cut shares of Schneider National from a “buy” rating to a “hold” rating and reduced their price target for the company from $32.00 to $26.00 in a research report on Tuesday, February 3rd. Robert W. Baird raised their price objective on Schneider National from $30.00 to $33.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. TD Cowen lifted their target price on Schneider National from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Morgan Stanley boosted their target price on Schneider National from $36.00 to $38.00 and gave the company an “overweight” rating in a report on Friday, April 17th. Finally, National Bank Financial set a $35.00 price target on Schneider National in a research note on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, Schneider National currently has a consensus rating of “Hold” and a consensus price target of $31.71.

Schneider National Stock Performance

The company has a current ratio of 1.95, a quick ratio of 1.83 and a debt-to-equity ratio of 0.13. The stock has a market cap of $5.86 billion, a price-to-earnings ratio of 59.71, a PEG ratio of 0.94 and a beta of 1.14. The stock’s 50 day moving average is $28.26 and its two-hundred day moving average is $27.18.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.12 EPS for the quarter, beating 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 previous year, the business posted $0.16 earnings per share. Schneider National’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. Analysts anticipate that Schneider National, Inc. will post 0.9 earnings per share for the current fiscal year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $0.40 annualized dividend and a yield of 1.2%. Schneider National’s dividend payout ratio is currently 71.43%.

Schneider National announced 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 reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In related news, VP Magnin Shelly A. Dumas sold 2,425 shares of Schneider National stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $30.90, for a total value of $74,932.50. Following the transaction, the vice president directly owned 24,697 shares in the company, valued at $763,137.30. This trade represents a 8.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 23.64% of the stock is currently owned by company insiders.

Institutional Trading of Schneider National

Several hedge funds and other institutional investors have recently made changes to their positions in SNDR. Caitong International Asset Management Co. Ltd lifted its position in Schneider National by 2,425.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after purchasing an additional 1,625 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Schneider National by 47.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,516 shares of the company’s stock valued at $40,000 after purchasing an additional 489 shares in the last quarter. Global Retirement Partners LLC acquired a new position in Schneider National during the 4th quarter worth approximately $47,000. Farther Finance Advisors LLC raised its stake in shares of Schneider National by 155.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,823 shares of the company’s stock worth $48,000 after buying an additional 1,110 shares in the last quarter. Finally, SJS Investment Consulting Inc. raised its stake in shares of Schneider National by 695.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 2,059 shares of the company’s stock worth $54,000 after buying an additional 1,800 shares in the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Company Profile

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.