Schneider National (NYSE:SNDR) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

Schneider National, Inc. (NYSE:SNDR) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $36.05 and traded as low as $33.97. Schneider National shares last traded at $34.40, with a volume of 902,560 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Wells Fargo & Company upped their price target on Schneider National from $33.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Friday, June 5th. Stephens raised Schneider National to a “hold” rating in a research report on Wednesday, July 8th. UBS Group upped their target price on shares of Schneider National from $27.00 to $34.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Wall Street Zen upgraded shares of Schneider National from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, National Bank Financial set a $38.00 price target on shares of Schneider National in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, Schneider National has a consensus rating of “Hold” and an average target price of $34.69.

Schneider National Stock Down 0.2%

The company has a quick ratio of 1.94, a current ratio of 2.03 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of $36.02 and a 200 day simple moving average of $32.23. The firm has a market capitalization of $5.88 billion, a P/E ratio of 52.30, a P/E/G ratio of 0.78 and a beta of 1.17.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.06. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.52 billion. Schneider National had a return on equity of 3.89% and a net margin of 1.92%.The company’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the company earned $0.21 earnings per share. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. On average, equities analysts expect that Schneider National, Inc. will post 1.04 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 11th 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, September 11th. Schneider National’s dividend payout ratio is presently 62.50%.

Insider Activity at Schneider National

In other Schneider National news, insider Mark B. Rourke sold 52,682 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $35.94, for a total value of $1,893,391.08. Following the completion of the transaction, the insider owned 221,522 shares of the company’s stock, valued at approximately $7,961,500.68. The trade was a 19.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Thomas G. Jackson sold 20,271 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $37.15, for a total transaction of $753,067.65. Following the transaction, the executive vice president owned 77,174 shares in the company, valued at $2,867,014.10. This represents a 20.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,617 shares of company stock valued at $3,683,339 over the last ninety days. Insiders own 23.64% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Natixis Advisors LLC increased its position in Schneider National by 568.4% in the fourth quarter. Natixis Advisors LLC now owns 240,450 shares of the company’s stock worth $6,379,000 after purchasing an additional 204,475 shares during the last quarter. Renaissance Technologies LLC lifted its position in Schneider National by 437.1% during the first quarter. Renaissance Technologies LLC now owns 153,600 shares of the company’s stock valued at $4,049,000 after purchasing an additional 125,000 shares during the last quarter. Edgestream Partners L.P. purchased a new position in shares of Schneider National in the 1st quarter worth $2,995,000. Quantinno Capital Management LP grew its stake in shares of Schneider National by 44.1% in the 1st quarter. Quantinno Capital Management LP now owns 1,993,186 shares of the company’s stock worth $52,540,000 after buying an additional 610,020 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in shares of Schneider National by 14.2% in the 1st quarter. Sei Investments Co. now owns 510,888 shares of the company’s stock worth $13,467,000 after buying an additional 63,483 shares during the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

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.