Wall Street brokerages expect that Schneider National Inc (NYSE:SNDR) will announce $0.46 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Schneider National’s earnings. The highest EPS estimate is $0.48 and the lowest is $0.45. Schneider National posted earnings per share of $0.33 during the same quarter last year, which would suggest a positive year over year growth rate of 39.4%. The company is expected to announce its next quarterly earnings results before the market opens on Thursday, January 31st.
On average, analysts expect that Schneider National will report full-year earnings of $1.52 per share for the current year, with EPS estimates ranging from $1.50 to $1.54. For the next financial year, analysts anticipate that the company will report earnings of $1.74 per share, with EPS estimates ranging from $1.68 to $1.80. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that follow Schneider National.
Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, November 1st. The company reported $0.40 EPS for the quarter, hitting analysts’ consensus estimates of $0.40. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.27 billion. Schneider National had a net margin of 9.66% and a return on equity of 12.53%. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 earnings per share.
SNDR has been the subject of a number of recent research reports. Buckingham Research lowered their price target on shares of Schneider National from $35.00 to $32.00 and set a “buy” rating for the company in a report on Friday, October 12th. JPMorgan Chase & Co. downgraded shares of Schneider National from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $27.00 to $23.00 in a report on Tuesday, December 18th. Morgan Stanley set a $35.00 target price on shares of Schneider National and gave the company a “buy” rating in a report on Monday, October 22nd. Zacks Investment Research downgraded shares of Schneider National from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Finally, Stifel Nicolaus upgraded shares of Schneider National from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a report on Monday, October 29th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $28.00.
In other Schneider National news, Director James L. Welch purchased 2,000 shares of Schneider National stock in a transaction on Tuesday, November 6th. The shares were purchased at an average cost of $22.37 per share, with a total value of $44,740.00. Following the completion of the transaction, the director now directly owns 5,472 shares in the company, valued at approximately $122,408.64. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Stephen L. Bruffett purchased 20,000 shares of Schneider National stock in a transaction on Tuesday, November 6th. The shares were acquired at an average cost of $22.44 per share, for a total transaction of $448,800.00. Following the completion of the transaction, the chief financial officer now owns 29,480 shares of the company’s stock, valued at $661,531.20. The disclosure for this purchase can be found here. 43.46% of the stock is currently owned by insiders.
A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Schneider National by 4.1% during the third quarter. Vanguard Group Inc. now owns 5,371,214 shares of the company’s stock worth $134,173,000 after purchasing an additional 213,739 shares in the last quarter. Vanguard Group Inc lifted its position in shares of Schneider National by 4.1% during the third quarter. Vanguard Group Inc now owns 5,371,214 shares of the company’s stock worth $134,173,000 after purchasing an additional 213,739 shares in the last quarter. Morgan Stanley lifted its position in shares of Schneider National by 8.7% during the third quarter. Morgan Stanley now owns 4,051,825 shares of the company’s stock worth $101,216,000 after purchasing an additional 323,800 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Schneider National by 337.1% during the third quarter. First Trust Advisors LP now owns 1,377,914 shares of the company’s stock worth $34,420,000 after purchasing an additional 1,062,687 shares in the last quarter. Finally, Millennium Management LLC lifted its position in shares of Schneider National by 50.3% during the second quarter. Millennium Management LLC now owns 1,240,942 shares of the company’s stock worth $34,138,000 after purchasing an additional 415,281 shares in the last quarter. 23.19% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSE SNDR opened at $20.83 on Friday. The stock has a market cap of $3.79 billion, a PE ratio of 15.29, a PEG ratio of 0.94 and a beta of 1.48. Schneider National has a 12 month low of $17.56 and a 12 month high of $30.52. The company has a quick ratio of 2.23, a current ratio of 2.34 and a debt-to-equity ratio of 0.20.
The business also recently announced a quarterly dividend, which was paid on Monday, January 7th. Investors of record on Friday, December 14th were issued a $0.06 dividend. The ex-dividend date of this dividend was Thursday, December 13th. This represents a $0.24 dividend on an annualized basis and a yield of 1.15%. Schneider National’s payout ratio is 25.53%.
Schneider National Company Profile
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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