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

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

Analyst Upgrades and Downgrades

SNDR has been the subject of several research reports. Benchmark boosted their price target on Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a report on Friday, August 2nd. JPMorgan Chase & Co. decreased their price objective on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a report on Thursday. Susquehanna dropped their target price on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday. The Goldman Sachs Group reduced their price target on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. Finally, Robert W. Baird boosted their price objective on shares of Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Nine equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $28.08.

Schneider National Stock Performance

Shares of NYSE SNDR traded up $0.96 during midday trading on Friday, hitting $31.47. 827,836 shares of the company’s stock were exchanged, compared to its average volume of 825,786. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.46. The stock’s 50 day moving average price is $27.90 and its 200-day moving average price is $25.26. The firm has a market cap of $5.51 billion, a P/E ratio of 50.76, a PEG ratio of 3.10 and a beta of 0.85. Schneider National has a twelve month low of $20.50 and a twelve month high of $31.71.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. Equities research analysts anticipate that Schneider National will post 0.83 EPS for the current year.

Schneider National Dividend Announcement

The company 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 dividend of $0.095 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.38 annualized dividend and a yield of 1.21%. Schneider National’s payout ratio is 61.29%.

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.