Schneider National, Inc. (NYSE:SNDR) insider Steven J. Matheys sold 62,500 shares of Schneider National stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $24.20, for a total value of $1,512,500.00. Following the transaction, the insider now directly owns 816,014 shares in the company, valued at $19,747,538.80. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Schneider National, Inc. (SNDR) opened at $24.62 on Wednesday. The company has a current ratio of 2.12, a quick ratio of 1.93 and a debt-to-equity ratio of 0.26. Schneider National, Inc. has a 52 week low of $17.69 and a 52 week high of $28.32.
Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.10 billion. Schneider National had a net margin of 3.61% and a return on equity of 10.79%. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 earnings per share. research analysts anticipate that Schneider National, Inc. will post 0.94 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, January 8th. Investors of record on Friday, December 15th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Thursday, December 14th.
Institutional investors have recently modified their holdings of the stock. Macquarie Group Ltd. bought a new stake in Schneider National in the 2nd quarter valued at about $1,935,000. State of Wisconsin Investment Board bought a new stake in Schneider National in the 2nd quarter valued at about $1,591,000. Schmidt P J Investment Management Inc. bought a new stake in Schneider National in the 2nd quarter valued at about $37,752,000. Farmers & Merchants Investments Inc. bought a new stake in Schneider National in the 3rd quarter valued at about $3,807,000. Finally, Stifel Financial Corp bought a new stake in Schneider National in the 2nd quarter valued at about $2,489,000. 22.88% of the stock is owned by institutional investors and hedge funds.
Several research analysts have commented on SNDR shares. BidaskClub downgraded Schneider National from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 7th. Buckingham Research started coverage on Schneider National in a report on Friday, October 20th. They set a “buy” rating and a $29.00 target price on the stock. Robert W. Baird reaffirmed a “buy” rating and set a $28.00 target price on shares of Schneider National in a report on Friday, October 6th. UBS AG reissued a “buy” rating and issued a $30.00 price objective (up from $24.00) on shares of Schneider National in a research note on Friday, September 29th. Finally, Zacks Investment Research raised Schneider National from a “sell” rating to a “hold” rating in a research note on Thursday, September 7th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $25.11.
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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