Schneider National Inc (SNDR) Expected to Post Earnings of $0.39 Per Share

Equities research analysts expect Schneider National Inc (NYSE:SNDR) to announce earnings of $0.39 per share for the current quarter, Zacks Investment Research reports. Five analysts have provided estimates for Schneider National’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.42. Schneider National reported earnings per share of $0.23 during the same quarter last year, which indicates a positive year-over-year growth rate of 69.6%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Thursday, November 1st.

According to Zacks, analysts expect that Schneider National will report full year earnings of $1.53 per share for the current year, with EPS estimates ranging from $1.50 to $1.56. For the next financial year, analysts anticipate that the business will report earnings of $1.77 per share, with EPS estimates ranging from $1.70 to $1.87. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that cover Schneider National.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, August 2nd. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.04. Schneider National had a net margin of 9.28% and a return on equity of 11.61%. The firm had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the prior year, the firm posted $0.23 earnings per share. The company’s revenue for the quarter was up 15.0% on a year-over-year basis.

SNDR has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Schneider National from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Saturday, August 18th. Stifel Nicolaus increased their price target on shares of Schneider National from $29.00 to $31.00 and gave the stock a “hold” rating in a report on Monday, August 6th. Bank of America downgraded shares of Schneider National from a “buy” rating to an “underperform” rating and lowered their price target for the stock from $35.00 to $27.00 in a report on Thursday, August 9th. Wolfe Research downgraded shares of Schneider National from a “peer perform” rating to an “underperform” rating in a report on Friday, October 5th. Finally, ValuEngine downgraded shares of Schneider National from a “buy” rating to a “hold” rating in a report on Friday, June 29th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. Schneider National currently has an average rating of “Hold” and a consensus price target of $31.13.

In related news, Director James R. Giertz bought 4,000 shares of the stock in a transaction that occurred on Tuesday, August 28th. The shares were acquired at an average cost of $26.92 per share, with a total value of $107,680.00. Following the completion of the purchase, the director now directly owns 12,237 shares of the company’s stock, valued at approximately $329,420.04. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Steven J. Matheys sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 2nd. The shares were sold at an average price of $26.95, for a total transaction of $808,500.00. Following the completion of the sale, the insider now directly owns 778,897 shares in the company, valued at $20,991,274.15. The disclosure for this sale can be found here. Insiders sold 90,000 shares of company stock worth $2,434,800 over the last ninety days. 43.46% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wells Fargo & Company MN grew its position in Schneider National by 32.6% during the first quarter. Wells Fargo & Company MN now owns 158,675 shares of the company’s stock valued at $4,136,000 after acquiring an additional 39,030 shares during the last quarter. Schwab Charles Investment Management Inc. grew its position in Schneider National by 11.8% during the first quarter. Schwab Charles Investment Management Inc. now owns 166,695 shares of the company’s stock valued at $4,345,000 after acquiring an additional 17,544 shares during the last quarter. BlackRock Inc. grew its position in Schneider National by 0.3% during the first quarter. BlackRock Inc. now owns 2,345,825 shares of the company’s stock valued at $61,133,000 after acquiring an additional 6,542 shares during the last quarter. Dimensional Fund Advisors LP bought a new position in Schneider National during the first quarter valued at approximately $7,385,000. Finally, Principal Financial Group Inc. bought a new position in Schneider National during the first quarter valued at approximately $251,000. 24.08% of the stock is currently owned by institutional investors and hedge funds.

Shares of Schneider National stock opened at $22.11 on Thursday. Schneider National has a 12-month low of $21.54 and a 12-month high of $30.52. The stock has a market capitalization of $4.42 billion, a PE ratio of 23.52, a PEG ratio of 1.26 and a beta of 0.98. The company has a current ratio of 2.41, a quick ratio of 2.27 and a debt-to-equity ratio of 0.21.

The business also recently announced a quarterly dividend, which was paid on Monday, October 8th. Investors of record on Friday, September 14th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend was Thursday, September 13th. Schneider National’s dividend payout ratio is currently 25.53%.

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, final mile delivery, and customized solutions for time-sensitive loads.

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