Brokerages expect Schneider National Inc (NYSE:SNDR) to report sales of $1.10 billion for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Schneider National’s earnings. The lowest sales estimate is $1.05 billion and the highest is $1.13 billion. Schneider National posted sales of $1.01 billion during the same quarter last year, which would indicate a positive year over year growth rate of 8.9%. The business is scheduled to issue its next earnings report on Thursday, May 10th.
According to Zacks, analysts expect that Schneider National will report full-year sales of $1.10 billion for the current financial year, with estimates ranging from $4.68 billion to $4.94 billion. For the next year, analysts anticipate that the firm will report sales of $5.16 billion per share, with estimates ranging from $5.04 billion to $5.29 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Schneider National.
Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, February 1st. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.01. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. Schneider National had a return on equity of 10.98% and a net margin of 8.89%. Schneider National’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.31 EPS.
SNDR has been the topic of several recent analyst reports. Robert W. Baird reaffirmed a “buy” rating and issued a $30.00 price target on shares of Schneider National in a research note on Tuesday, January 9th. Wolfe Research lowered Schneider National from a “market perform” rating to an “underperform” rating in a research note on Monday, February 5th. Citigroup lowered Schneider National from a “buy” rating to a “neutral” rating in a research note on Thursday, January 4th. Morgan Stanley boosted their price target on Schneider National from $28.00 to $35.00 and gave the company an “overweight” rating in a research note on Monday, February 5th. Finally, BidaskClub lowered Schneider National from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Schneider National currently has a consensus rating of “Buy” and an average price target of $29.70.
Shares of Schneider National (SNDR) opened at $26.42 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 1.93. The company has a market capitalization of $4,670.00 and a price-to-earnings ratio of 29.03. Schneider National has a one year low of $17.69 and a one year high of $30.00.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 9th. Shareholders of record on Thursday, March 15th will be paid a $0.06 dividend. The ex-dividend date is Wednesday, March 14th. This represents a $0.24 dividend on an annualized basis and a yield of 0.91%. This is a positive change from Schneider National’s previous quarterly dividend of $0.05. Schneider National’s payout ratio is currently 21.98%.
In other Schneider National news, CFO Lori A. Lutey sold 70,000 shares of the business’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of $28.11, for a total value of $1,967,700.00. Following the transaction, the chief financial officer now owns 515,838 shares of the company’s stock, valued at $14,500,206.18. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Institutional investors have recently bought and sold shares of the business. GW&K Investment Management LLC raised its position in shares of Schneider National by 0.4% during the fourth quarter. GW&K Investment Management LLC now owns 723,045 shares of the company’s stock worth $20,650,000 after acquiring an additional 2,640 shares during the last quarter. Suntrust Banks Inc. raised its position in shares of Schneider National by 3.3% during the fourth quarter. Suntrust Banks Inc. now owns 84,598 shares of the company’s stock worth $2,415,000 after acquiring an additional 2,665 shares during the last quarter. Farmers & Merchants Investments Inc. raised its position in shares of Schneider National by 1.8% during the fourth quarter. Farmers & Merchants Investments Inc. now owns 153,217 shares of the company’s stock worth $4,376,000 after acquiring an additional 2,757 shares during the last quarter. Macquarie Group Ltd. raised its position in shares of Schneider National by 3.9% during the third quarter. Macquarie Group Ltd. now owns 89,845 shares of the company’s stock worth $2,273,000 after acquiring an additional 3,339 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Schneider National by 3.9% during the third quarter. Bank of New York Mellon Corp now owns 109,398 shares of the company’s stock worth $2,768,000 after acquiring an additional 4,132 shares during the last quarter. 20.96% of the stock is currently owned by institutional investors.
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About Schneider National
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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