Schneider National (NYSE:SNDR) Issues FY 2024 Earnings Guidance

by · The Cerbat Gem

Schneider National (NYSE:SNDR – Get Free Report) updated its FY 2024 earnings guidance on Wednesday. The company provided EPS guidance of 0.660-0.720 for the period, compared to the consensus EPS estimate of 0.820. The company issued revenue guidance of -. Schneider National also updated its FY24 guidance to $0.66-0.72 EPS.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. JPMorgan Chase & Co. dropped their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday. Stifel Nicolaus cut Schneider National from a “buy” rating to a “hold” rating and set a $25.00 price target on the stock. in a report on Thursday, August 8th. Bank of America raised Schneider National from an “underperform” rating to a “buy” rating and upped their price target for the company from $27.00 to $34.00 in a report on Thursday. Robert W. Baird boosted their target price on shares of Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. Finally, Citigroup began coverage on shares of Schneider National in a research note on Wednesday, October 9th. They set a “neutral” rating and a $29.00 target price on the stock. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $28.08.

View Our Latest Analysis on SNDR

Schneider National Stock Up 3.1 %

Shares of NYSE SNDR traded up $0.96 during trading hours on Friday, hitting $31.47. The stock had a trading volume of 827,836 shares, compared to its average volume of 825,786. The company has a market capitalization of $5.51 billion, a P/E ratio of 50.76, a P/E/G ratio of 3.10 and a beta of 0.85. The firm’s 50-day moving average price is $27.90 and its two-hundred day moving average price is $25.26. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. Schneider National has a 52 week low of $20.50 and a 52 week high of $31.71.

Schneider National (NYSE:SNDR – Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. Analysts anticipate that Schneider National will post 0.83 EPS for the current fiscal year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Friday, December 13th will be issued a $0.095 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.38 annualized dividend and a yield of 1.21%. Schneider National’s dividend payout ratio (DPR) is currently 61.29%.

About Schneider National

(Get Free Report)

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.

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