Schneider National, Inc. (NYSE:SNDR) Short Interest Update

Schneider National, Inc. (NYSE:SNDR) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 5,170,467 shares, a growth of 41.7% from the November 30th total of 3,649,401 shares. Approximately 3.9% of the company’s shares are sold short. Based on an average daily volume of 1,205,252 shares, the short-interest ratio is currently 4.3 days. Based on an average daily volume of 1,205,252 shares, the short-interest ratio is currently 4.3 days. Approximately 3.9% of the company’s shares are sold short.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Susquehanna decreased their target price on shares of Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday, September 24th. Zacks Research lowered shares of Schneider National from a “hold” rating to a “strong sell” rating in a research note on Monday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of Schneider National in a research note on Monday. JPMorgan Chase & Co. decreased their price target on Schneider National from $28.00 to $27.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. Finally, Bank of America increased their target price on shares of Schneider National from $26.00 to $28.00 and gave the company a “neutral” rating in a research report on Wednesday, December 24th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $26.20.

Schneider National Price Performance

Shares of SNDR stock traded down $0.32 during trading on Wednesday, hitting $26.53. The company had a trading volume of 554,844 shares, compared to its average volume of 886,661. Schneider National has a 52 week low of $20.11 and a 52 week high of $31.19. The stock has a market capitalization of $4.65 billion, a price-to-earnings ratio of 41.45, a price-to-earnings-growth ratio of 1.07 and a beta of 1.09. The company has a quick ratio of 1.93, a current ratio of 2.11 and a debt-to-equity ratio of 0.17. The stock’s 50-day moving average is $23.93 and its two-hundred day moving average is $24.05.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, October 30th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.09). Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The company had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter last year, the firm posted $0.18 earnings per share. The firm’s revenue was up 10.4% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. As a group, analysts predict that Schneider National will post 1.12 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Friday, December 12th will be paid a $0.095 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.38 annualized dividend and a yield of 1.4%. Schneider National’s dividend payout ratio is currently 59.38%.

Institutional Investors Weigh In On Schneider National

A number of hedge funds have recently made changes to their positions in SNDR. WPG Advisers LLC bought a new position in shares of Schneider National during the 1st quarter valued at $25,000. Quarry LP bought a new stake in Schneider National in the first quarter worth $32,000. Caitong International Asset Management Co. Ltd boosted its position in Schneider National by 2,425.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after buying an additional 1,625 shares during the period. Elevation Point Wealth Partners LLC bought a new position in shares of Schneider National during the second quarter valued at about $37,000. Finally, KBC Group NV grew its stake in shares of Schneider National by 86.3% during the second quarter. KBC Group NV now owns 2,290 shares of the company’s stock valued at $55,000 after buying an additional 1,061 shares during the last quarter. 28.54% of the stock is currently owned by 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.