Analysts Expect Schneider National Inc (NYSE:SNDR) to Announce $0.37 Earnings Per Share

Equities analysts expect Schneider National Inc (NYSE:SNDR) to post earnings of $0.37 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Schneider National’s earnings, with estimates ranging from $0.35 to $0.40. Schneider National posted earnings of $0.40 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 7.5%. The firm is scheduled to announce its next earnings report on Thursday, August 1st.

According to Zacks, analysts expect that Schneider National will report full-year earnings of $1.53 per share for the current fiscal year, with EPS estimates ranging from $1.50 to $1.55. For the next year, analysts anticipate that the business will report earnings of $1.73 per share, with EPS estimates ranging from $1.50 to $1.91. Zacks’ EPS calculations are a mean average based on a survey of research firms that that provide coverage for Schneider National.

Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, May 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.10). Schneider National had a net margin of 5.13% and a return on equity of 12.69%. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the business posted $0.27 EPS. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year.

SNDR has been the topic of several recent analyst reports. Zacks Investment Research lowered Schneider National from a “hold” rating to a “sell” rating in a research report on Saturday, February 9th. Buckingham Research lowered their price target on Schneider National from $30.00 to $29.00 and set a “buy” rating on the stock in a research report on Tuesday, April 2nd. ValuEngine lowered Schneider National from a “hold” rating to a “sell” rating in a research report on Friday, March 1st. Stephens set a $25.00 price target on Schneider National and gave the stock a “buy” rating in a research report on Friday, May 3rd. Finally, UBS Group set a $24.00 price target on Schneider National and gave the stock a “buy” rating in a research report on Friday, May 3rd. Three analysts have rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. Schneider National currently has a consensus rating of “Hold” and an average price target of $27.20.

NYSE:SNDR opened at $17.26 on Thursday. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 11.51, a P/E/G ratio of 1.16 and a beta of 1.64. Schneider National has a twelve month low of $16.68 and a twelve month high of $30.31. The company has a current ratio of 2.10, a quick ratio of 2.02 and a debt-to-equity ratio of 0.15.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Friday, June 14th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Thursday, June 13th. Schneider National’s dividend payout ratio (DPR) is 15.48%.

Several large investors have recently bought and sold shares of SNDR. Norges Bank acquired a new position in shares of Schneider National during the 4th quarter worth approximately $17,312,000. AQR Capital Management LLC increased its holdings in shares of Schneider National by 435.8% during the 1st quarter. AQR Capital Management LLC now owns 1,132,626 shares of the company’s stock worth $23,842,000 after acquiring an additional 921,218 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new position in shares of Schneider National during the 1st quarter worth approximately $17,477,000. BNP Paribas Arbitrage SA increased its holdings in shares of Schneider National by 226.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 567,271 shares of the company’s stock worth $11,941,000 after acquiring an additional 393,585 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Schneider National by 101.7% during the 1st quarter. Renaissance Technologies LLC now owns 721,900 shares of the company’s stock worth $15,196,000 after acquiring an additional 364,000 shares during the last quarter. 24.19% of the stock is currently owned by hedge funds and other institutional investors.

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

Featured Story: How a Strangle Strategy is different from a Straddle Strategy

Get a free copy of the Zacks research report on Schneider National (SNDR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Schneider National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider National and related companies with MarketBeat.com's FREE daily email newsletter.