Schneider National (NYSE:SNDR) Sets New 12-Month High – Here’s Why

Schneider National, Inc. (NYSE:SNDR) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $34.03 and last traded at $33.94, with a volume of 20291 shares traded. The stock had previously closed at $33.40.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Robert W. Baird increased their target price on Schneider National from $30.00 to $33.00 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Raymond James Financial reaffirmed a “market perform” rating on shares of Schneider National in a report on Monday, April 20th. UBS Group increased their price objective on shares of Schneider National from $25.00 to $27.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. National Bank Financial set a $35.00 price objective on shares of Schneider National in a report on Friday, May 1st. Finally, Wells Fargo & Company increased their price objective on shares of Schneider National from $25.00 to $33.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $31.71.

Schneider National Stock Performance

The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.83 and a current ratio of 1.95. The stock’s fifty day moving average is $28.62 and its two-hundred day moving average is $27.34. The firm has a market cap of $6.00 billion, a price-to-earnings ratio of 61.21, a PEG ratio of 0.93 and a beta of 1.14.

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

Schneider National Dividend Announcement

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

Schneider National declared that its Board of Directors has approved a share repurchase plan on Wednesday, January 28th that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 2.9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Insider Activity at Schneider National

In other news, VP Magnin Shelly A. Dumas sold 2,425 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $30.90, for a total transaction of $74,932.50. Following the transaction, the vice president directly owned 24,697 shares of the company’s stock, valued at approximately $763,137.30. This trade represents a 8.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 23.64% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Parallel Advisors LLC increased its holdings in shares of Schneider National by 5.7% during the first quarter. Parallel Advisors LLC now owns 8,584 shares of the company’s stock valued at $226,000 after purchasing an additional 460 shares during the period. Amalgamated Bank increased its holdings in shares of Schneider National by 3.2% during the third quarter. Amalgamated Bank now owns 14,768 shares of the company’s stock valued at $312,000 after purchasing an additional 462 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Schneider National by 47.6% during the first 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 during the period. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Schneider National by 5.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 12,009 shares of the company’s stock valued at $319,000 after purchasing an additional 674 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Schneider National by 7.0% during the first quarter. Cetera Investment Advisers now owns 10,498 shares of the company’s stock valued at $277,000 after buying an additional 690 shares in the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

About Schneider National

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.