Schneider National, Inc. (NYSE:SNDR) Sees Significant Drop in Short Interest

Schneider National, Inc. (NYSE:SNDR) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 4,092,456 shares, a decrease of 20.8% from the December 15th total of 5,170,467 shares. Approximately 3.0% of the shares of the company are short sold. Based on an average trading volume of 810,531 shares, the short-interest ratio is presently 5.0 days. Based on an average trading volume of 810,531 shares, the short-interest ratio is presently 5.0 days. Approximately 3.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Schneider National

Hedge funds have recently added to or reduced their stakes in the business. Elevation Point Wealth Partners LLC bought a new position in Schneider National during the 2nd quarter worth $37,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Schneider National by 2,425.4% in the 3rd 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 in the last quarter. KBC Group NV increased its holdings in Schneider National by 86.3% in the 2nd quarter. KBC Group NV now owns 2,290 shares of the company’s stock worth $55,000 after purchasing an additional 1,061 shares in the last quarter. Quarry LP increased its position in Schneider National by 36.7% in the 3rd quarter. Quarry LP now owns 3,404 shares of the company’s stock valued at $72,000 after acquiring an additional 913 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in shares of Schneider National by 2,943.5% during the second quarter. Hantz Financial Services Inc. now owns 3,500 shares of the company’s stock valued at $85,000 after acquiring an additional 3,385 shares during the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

Schneider National Price Performance

SNDR traded down $0.44 during midday trading on Tuesday, reaching $28.86. 179,682 shares of the company’s stock were exchanged, compared to its average volume of 813,519. Schneider National has a one year low of $20.11 and a one year high of $31.19. The firm has a market capitalization of $5.06 billion, a price-to-earnings ratio of 45.09, a price-to-earnings-growth ratio of 0.74 and a beta of 1.08. 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 business has a 50-day simple moving average of $25.64 and a two-hundred day simple moving average of $24.44.

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

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Friday, December 12th were paid a $0.095 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.38 annualized dividend and a yield of 1.3%. Schneider National’s payout ratio is presently 59.38%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Raymond James Financial raised shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 target price on the stock in a report on Wednesday, December 3rd. Benchmark reissued a “buy” rating on shares of Schneider National in a report on Thursday. JPMorgan Chase & Co. raised their price target on Schneider National from $27.00 to $28.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. Finally, Zacks Research downgraded shares of Schneider National from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Schneider National has an average rating of “Moderate Buy” and a consensus target price of $28.80.

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.