Wall Street analysts expect that Schneider National Inc (NYSE:SNDR) will report earnings of $0.37 per share for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Schneider National’s earnings, with estimates ranging from $0.35 to $0.40. Schneider National posted earnings of $0.40 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 7.5%. The business is expected to report its next quarterly earnings report on Thursday, August 1st.
On average, analysts expect that Schneider National will report full year earnings of $1.54 per share for the current fiscal year, with EPS estimates ranging from $1.50 to $1.60. For the next financial year, analysts forecast that the business will report earnings of $1.73 per share, with EPS estimates ranging from $1.50 to $1.91. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Schneider National.
Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.10). Schneider National had a return on equity of 12.69% and a net margin of 5.13%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the company posted $0.27 earnings per share. The business’s revenue was up 4.8% compared to the same quarter last year.
SNDR has been the topic of several recent analyst reports. Bank of America upgraded shares of Schneider National from an “underperform” rating to a “buy” rating and set a $25.00 price objective on the stock in a report on Monday, February 4th. ValuEngine lowered shares of Schneider National from a “hold” rating to a “sell” rating in a report on Friday, March 1st. Zacks Investment Research upgraded shares of Schneider National from a “sell” rating to a “hold” rating in a report on Saturday, February 2nd. Stephens set a $25.00 price objective on shares of Schneider National and gave the stock a “buy” rating in a report on Friday, May 3rd. Finally, UBS Group set a $24.00 price objective on shares of Schneider National and gave the stock a “buy” rating in a report on Friday, May 3rd. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company’s stock. Schneider National presently has a consensus rating of “Hold” and a consensus price target of $27.20.
In other Schneider National news, CEO Christopher B. Lofgren sold 245,995 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $21.52, for a total transaction of $5,293,812.40. Following the sale, the chief executive officer now directly owns 1,378,534 shares in the company, valued at approximately $29,666,051.68. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Christopher B. Lofgren sold 54,005 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $22.02, for a total transaction of $1,189,190.10. Following the sale, the chief executive officer now owns 1,425,042 shares in the company, valued at $31,379,424.84. The disclosure for this sale can be found here. 28.00% of the stock is owned by corporate insiders.
A number of institutional investors have recently added to or reduced their stakes in the business. BlueMountain Capital Management LLC lifted its holdings in Schneider National by 334.7% during the 1st quarter. BlueMountain Capital Management LLC now owns 24,725 shares of the company’s stock worth $520,000 after buying an additional 19,037 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Schneider National by 82.2% during the 1st quarter. HighTower Advisors LLC now owns 137,540 shares of the company’s stock worth $2,906,000 after buying an additional 62,065 shares in the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Schneider National in the 1st quarter valued at approximately $2,776,000. Man Group plc increased its position in shares of Schneider National by 6.9% in the 1st quarter. Man Group plc now owns 113,754 shares of the company’s stock valued at $2,395,000 after purchasing an additional 7,330 shares during the last quarter. Finally, Metropolitan Life Insurance Co NY increased its position in shares of Schneider National by 151.6% in the 1st quarter. Metropolitan Life Insurance Co NY now owns 3,963 shares of the company’s stock valued at $453,000 after purchasing an additional 2,388 shares during the last quarter. Institutional investors own 24.06% of the company’s stock.
Shares of SNDR stock traded up $0.33 during trading hours on Tuesday, hitting $19.00. The company had a trading volume of 1,055,100 shares, compared to its average volume of 638,778. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.02 and a current ratio of 2.10. Schneider National has a fifty-two week low of $17.56 and a fifty-two week high of $30.52. The firm has a market cap of $3.32 billion, a P/E ratio of 12.26, a P/E/G ratio of 1.26 and a beta of 1.45.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Friday, June 14th will be issued a dividend of $0.06 per share. The ex-dividend date is Thursday, June 13th. This represents a $0.24 dividend on an annualized basis and a yield of 1.26%. Schneider National’s dividend payout ratio (DPR) is presently 15.48%.
About Schneider National
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, first to final mile delivery, and customized solutions for time-sensitive loads.
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