$0.23 Earnings Per Share Expected for Schneider National Inc (SNDR) This Quarter

Analysts forecast that Schneider National Inc (NYSE:SNDR) will announce earnings of $0.23 per share for the current quarter, Zacks reports. Three analysts have issued estimates for Schneider National’s earnings, with the lowest EPS estimate coming in at $0.22 and the highest estimate coming in at $0.25. Schneider National reported earnings per share of $0.15 during the same quarter last year, which would suggest a positive year over year growth rate of 53.3%. The business is scheduled to report its next quarterly earnings results before the market opens on Thursday, April 26th.

According to Zacks, analysts expect that Schneider National will report full year earnings of $1.40 per share for the current fiscal year, with EPS estimates ranging from $1.35 to $1.45. For the next fiscal year, analysts forecast that the business will post earnings of $1.63 per share, with EPS estimates ranging from $1.60 to $1.74. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Schneider National.

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Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01. Schneider National had a net margin of 8.89% and a return on equity of 10.24%. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the business posted $0.31 earnings per share. Schneider National’s revenue for the quarter was up 11.3% compared to the same quarter last year.

A number of equities research analysts recently weighed in on the stock. Stephens reaffirmed a “hold” rating and set a $30.00 price target on shares of Schneider National in a report on Friday, February 23rd. Wolfe Research lowered shares of Schneider National from a “market perform” rating to an “underperform” rating in a report on Monday, February 5th. Credit Suisse Group raised their price target on shares of Schneider National from $31.00 to $32.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Morgan Stanley raised their price target on shares of Schneider National from $28.00 to $35.00 and gave the company an “overweight” rating in a report on Monday, February 5th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $32.00 price target on shares of Schneider National in a report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $29.80.

In other Schneider National news, CFO Lori A. Lutey sold 70,000 shares of the stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $28.11, for a total transaction of $1,967,700.00. Following the transaction, the chief financial officer now directly owns 515,838 shares in the company, valued at approximately $14,500,206.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 43.46% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of SNDR. Bank of New York Mellon Corp boosted its stake in Schneider National by 3.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 109,398 shares of the company’s stock valued at $2,768,000 after acquiring an additional 4,132 shares during the last quarter. Russell Investments Group Ltd. bought a new position in Schneider National during the 3rd quarter valued at $3,930,000. SG Americas Securities LLC bought a new position in Schneider National during the 3rd quarter valued at $283,000. Wells Fargo & Company MN boosted its stake in Schneider National by 37.7% during the 3rd quarter. Wells Fargo & Company MN now owns 88,383 shares of the company’s stock valued at $2,236,000 after acquiring an additional 24,208 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its stake in Schneider National by 5.9% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 132,862 shares of the company’s stock valued at $3,362,000 after acquiring an additional 7,454 shares during the last quarter. Hedge funds and other institutional investors own 24.37% of the company’s stock.

Shares of Schneider National stock traded up $1.11 during trading hours on Wednesday, hitting $26.96. The company’s stock had a trading volume of 302,271 shares, compared to its average volume of 669,954. The firm has a market capitalization of $4,573.23 and a P/E ratio of 27.50. Schneider National has a 1-year low of $17.69 and a 1-year high of $30.00. The company has a quick ratio of 2.19, a current ratio of 2.37 and a debt-to-equity ratio of 0.22.

The company also recently declared a quarterly dividend, which was paid on Monday, April 9th. Investors of record on Thursday, March 15th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.89%. This is a positive change from Schneider National’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Wednesday, March 14th. Schneider National’s dividend payout ratio (DPR) is presently 25.53%.

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Schneider National Company Profile

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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