Q1 2019 EPS Estimates for Schneider National Inc (SNDR) Lowered by KeyCorp

Schneider National Inc (NYSE:SNDR) – Research analysts at KeyCorp lowered their Q1 2019 EPS estimates for shares of Schneider National in a research report issued to clients and investors on Wednesday, March 13th. KeyCorp analyst T. Fowler now expects that the company will earn $0.32 per share for the quarter, down from their previous estimate of $0.33. KeyCorp also issued estimates for Schneider National’s Q2 2019 earnings at $0.43 EPS, FY2019 earnings at $1.65 EPS and FY2020 earnings at $1.75 EPS.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, January 31st. The company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. Schneider National had a net margin of 5.40% and a return on equity of 13.57%. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.33 billion.

Other equities analysts also recently issued reports about the stock. ValuEngine raised shares of Schneider National from a “sell” rating to a “hold” rating in a research note on Thursday, February 14th. Stephens raised shares of Schneider National from an “equal weight” rating to an “overweight” rating and set a $24.00 target price on the stock in a research note on Friday, January 4th. Zacks Investment Research downgraded shares of Schneider National from a “hold” rating to a “sell” rating in a research note on Saturday, February 9th. JPMorgan Chase & Co. downgraded shares of Schneider National from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $27.00 to $23.00 in a research note on Tuesday, December 18th. Finally, Bank of America raised shares of Schneider National from an “underperform” rating to a “buy” rating and set a $25.00 target price on the stock in a research note on Monday, February 4th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $28.00.

Shares of SNDR stock opened at $21.76 on Friday. The company has a current ratio of 2.53, a quick ratio of 2.42 and a debt-to-equity ratio of 0.17. Schneider National has a 12 month low of $17.56 and a 12 month high of $30.52. The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 14.04, a PEG ratio of 0.99 and a beta of 1.53.

The business also recently declared a quarterly dividend, which will be paid on Monday, April 8th. Shareholders of record on Friday, March 15th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Thursday, March 14th. Schneider National’s dividend payout ratio is presently 15.48%.

In other Schneider National news, CEO Christopher B. Lofgren sold 54,005 shares of Schneider National stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $22.02, for a total transaction of $1,189,190.10. Following the completion of the sale, the chief executive officer now directly owns 1,425,042 shares in the company, valued at $31,379,424.84. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Christopher B. Lofgren sold 245,995 shares of Schneider National stock in a transaction dated 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 owns 1,378,534 shares of the company’s stock, valued at $29,666,051.68. The disclosure for this sale can be found here. 43.46% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in SNDR. BOKF NA grew its holdings in shares of Schneider National by 6.4% in the fourth quarter. BOKF NA now owns 25,336 shares of the company’s stock valued at $473,000 after purchasing an additional 1,517 shares in the last quarter. First Hawaiian Bank grew its holdings in shares of Schneider National by 163.1% in the fourth quarter. First Hawaiian Bank now owns 3,039 shares of the company’s stock valued at $57,000 after purchasing an additional 1,884 shares in the last quarter. TD Asset Management Inc. grew its holdings in shares of Schneider National by 6.2% in the fourth quarter. TD Asset Management Inc. now owns 39,251 shares of the company’s stock valued at $733,000 after purchasing an additional 2,300 shares in the last quarter. Macquarie Group Ltd. grew its holdings in shares of Schneider National by 3.0% in the fourth quarter. Macquarie Group Ltd. now owns 92,078 shares of the company’s stock valued at $1,719,000 after purchasing an additional 2,650 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Schneider National by 20.8% in the third quarter. AQR Capital Management LLC now owns 19,725 shares of the company’s stock valued at $493,000 after purchasing an additional 3,400 shares in the last quarter. Institutional investors and hedge funds own 22.67% of the company’s stock.

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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