Short Interest in Schneider National, Inc. (NYSE:SNDR) Declines By 20.8%

by · The Markets Daily

Schneider National, Inc. (NYSE:SNDRGet Free Report) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 4,092,456 shares, a decline of 20.8% from the December 15th total of 5,170,467 shares. Approximately 3.0% of the shares of the company are short sold. Based on an average daily trading volume, of 810,531 shares, the days-to-cover ratio is currently 5.0 days. Based on an average daily trading volume, of 810,531 shares, the days-to-cover ratio is currently 5.0 days. Approximately 3.0% of the shares of the company are short sold.

Schneider National Price Performance

Shares of NYSE:SNDR traded down $0.48 during trading on Monday, reaching $29.32. The stock had a trading volume of 843,291 shares, compared to its average volume of 762,277. The stock has a market capitalization of $5.14 billion, a PE ratio of 45.81, a P/E/G ratio of 0.74 and a beta of 1.08. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93. Schneider National has a 52 week low of $20.11 and a 52 week high of $31.19. The business’s 50-day moving average price is $25.49 and its 200 day moving average price is $24.42.

Schneider National (NYSE:SNDRGet Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the company earned $0.18 earnings per share. The firm’s revenue was up 10.4% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. As a group, equities analysts predict that Schneider National will post 1.12 earnings per share for the current year.

Schneider National Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Friday, December 12th were issued a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.38 dividend on an annualized basis and a yield of 1.3%. Schneider National’s dividend payout ratio is currently 59.38%.

Institutional Trading of Schneider National

Several hedge funds have recently modified their holdings of SNDR. Royal Bank of Canada raised its position in Schneider National by 19.1% in the 1st quarter. Royal Bank of Canada now owns 162,011 shares of the company’s stock worth $3,702,000 after purchasing an additional 26,015 shares during the last quarter. Millennium Management LLC bought a new stake in shares of Schneider National during the first quarter worth $7,477,000. Empowered Funds LLC raised its position in shares of Schneider National by 12.0% during the first quarter. Empowered Funds LLC now owns 13,944 shares of the company’s stock worth $319,000 after acquiring an additional 1,494 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Schneider National by 18.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 178,433 shares of the company’s stock valued at $4,077,000 after acquiring an additional 27,180 shares during the period. Finally, Jane Street Group LLC boosted its holdings in Schneider National by 120.5% in the first quarter. Jane Street Group LLC now owns 90,616 shares of the company’s stock valued at $2,071,000 after acquiring an additional 49,511 shares during the last quarter. 28.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

SNDR has been the topic of several recent research reports. Stifel Nicolaus lifted their target price on shares of Schneider National from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. National Bankshares set a $21.00 price target on shares of Schneider National in a research note on Friday, October 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. Citigroup increased their target price on Schneider National from $23.00 to $31.00 and gave the stock a “neutral” rating in a report on Wednesday, January 7th. Finally, Raymond James Financial upgraded Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 target price for the company in a research report on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $28.80.

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Schneider National Company Profile

(Get Free Report)

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.

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