Schneider National (NYSE:SNDR) Issues FY24 Earnings Guidance

Schneider National (NYSE:SNDR) updated its FY24 earnings guidance on Thursday. The company provided earnings per share guidance of $0.85-1.00 for the period, compared to the consensus earnings per share estimate of $1.00.

Analysts Set New Price Targets

SNDR has been the subject of a number of research reports. Stifel Nicolaus lowered their price objective on shares of Schneider National from $27.00 to $25.00 and set a buy rating for the company in a research note on Thursday, April 18th. Robert W. Baird lowered their price target on shares of Schneider National from $29.00 to $27.00 and set an outperform rating for the company in a research report on Thursday, April 4th. Bank of America dropped their price objective on shares of Schneider National from $25.00 to $23.00 and set a neutral rating on the stock in a research note on Monday, April 15th. TD Cowen reduced their price objective on shares of Schneider National from $26.00 to $25.00 and set a buy rating for the company in a research note on Friday. Finally, Susquehanna dropped their target price on Schneider National from $27.00 to $25.00 and set a neutral rating on the stock in a research report on Monday, March 25th. Seven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of Hold and a consensus target price of $28.00.

Schneider National Stock Up 2.3 %

SNDR stock traded up $0.50 on Friday, hitting $22.02. 1,423,880 shares of the company’s stock were exchanged, compared to its average volume of 818,371. The firm has a 50 day moving average price of $22.17 and a two-hundred day moving average price of $23.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.83. Schneider National has a 12-month low of $20.50 and a 12-month high of $31.74. The stock has a market cap of $3.88 billion, a P/E ratio of 25.02, a price-to-earnings-growth ratio of 1.47 and a beta of 0.91.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Schneider National had a return on equity of 5.55% and a net margin of 2.95%. Schneider National’s revenue was down 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.55 EPS. As a group, equities research analysts expect that Schneider National will post 1.09 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Friday, June 7th will be issued a $0.095 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.73%. Schneider National’s dividend payout ratio is currently 43.18%.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.