Wall Street brokerages expect Schneider National Inc (NYSE:SNDR) to report $1.10 billion in sales for the current quarter, according to Zacks. Three analysts have made estimates for Schneider National’s earnings, with estimates ranging from $1.05 billion to $1.13 billion. Schneider National posted sales of $1.01 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 8.9%. The firm is scheduled to announce its next quarterly earnings report on Thursday, May 10th.
On average, analysts expect that Schneider National will report full year sales of $1.10 billion for the current fiscal year, with estimates ranging from $4.68 billion to $4.94 billion. For the next financial year, analysts forecast that the company will post sales of $5.16 billion per share, with estimates ranging from $5.04 billion to $5.29 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that cover Schneider National.
Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.32 by $0.01. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. Schneider National had a net margin of 8.89% and a return on equity of 10.24%. The firm’s revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.31 EPS.
In other news, CFO Lori A. Lutey sold 70,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $28.11, for a total value of $1,967,700.00. Following the completion of the sale, the chief financial officer now owns 515,838 shares of the company’s stock, valued at approximately $14,500,206.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Institutional investors and hedge funds have recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new stake in shares of Schneider National in the 4th quarter worth approximately $175,000. Pacer Advisors Inc. purchased a new stake in shares of Schneider National in the 3rd quarter worth approximately $182,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Schneider National in the 3rd quarter worth approximately $207,000. Verition Fund Management LLC purchased a new stake in shares of Schneider National in the 4th quarter worth approximately $232,000. Finally, Virtu Financial LLC purchased a new stake in shares of Schneider National in the 4th quarter worth approximately $251,000. 23.27% of the stock is owned by hedge funds and other institutional investors.
Schneider National (NYSE:SNDR) opened at $27.48 on Friday. The company has a market cap of $4,773.14 and a PE ratio of 12.38. The company has a current ratio of 2.37, a quick ratio of 2.19 and a debt-to-equity ratio of 0.22. Schneider National has a fifty-two week low of $17.69 and a fifty-two week high of $30.00.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 9th. Shareholders of record on Thursday, March 15th will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.87%. This is a boost from Schneider National’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Wednesday, March 14th. Schneider National’s payout ratio is 9.01%.
Schneider National Company Profile
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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