NYSE:WNC - Wabash National Stock Price, Forecast & News

Wabash National trades on the New York Stock Exchange (NYSE) under the ticker symbol "WNC."

Wabash National announced a quarterly dividend on Wednesday, February 19th. Stockholders of record on Thursday, April 2nd will be paid a dividend of $0.08 per share on Thursday, April 23rd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date of this dividend is Wednesday, April 1st. View Wabash National's Dividend History.

Wabash National announced that its Board of Directors has authorized a share repurchase program on Thursday, November 15th 2018, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 11.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

Wabash National Co. (NYSE:WNC) released its quarterly earnings results on Wednesday, February, 12th. The company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by $0.04. The business had revenue of $579 million for the quarter, compared to analyst estimates of $583.14 million. Wabash National had a return on equity of 17.80% and a net margin of 3.86%. Wabash National's revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.38 EPS. View Wabash National's Earnings History.

Wabash National is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Wabash National.

Wabash National issued an update on its FY20 earnings guidance on Wednesday, February, 12th. The company provided EPS guidance of $1.10-1.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.31. The company issued revenue guidance of $2.05-2.15 billion, compared to the consensus revenue estimate of $2.07 billion.

4 Wall Street analysts have issued 12-month price objectives for Wabash National's stock. Their forecasts range from $14.00 to $18.00. On average, they expect Wabash National's share price to reach $16.25 in the next twelve months. This suggests a possible upside of 47.6% from the stock's current price. View Analyst Price Targets for Wabash National.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wabash National in the last year. There are currently 3 hold ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wabash National.

News headlines about WNC stock have trended very negative on Friday, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Wabash National earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View News Stories for Wabash National.

Wabash National saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 9,270,000 shares, an increase of 26.6% from the January 30th total of 7,320,000 shares. Based on an average daily volume of 511,600 shares, the days-to-cover ratio is presently 18.1 days. Approximately 17.6% of the shares of the stock are sold short. View Wabash National's Current Options Chain.

Some companies that are related to Wabash National include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), Toro (TTC), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX) and Alamo Group (ALG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Wabash National investors own include CA (CA), BlackRock (BLK), Magellan Midstream Partners (MMP), Endologix (ELGX), Middleby (MIDD), Micron Technology (MU), AT&T (T), YY (YY), Chipotle Mexican Grill (CMG) and Nextera Energy Partners (NEP).

Wabash National's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.58%), State Street Corp (3.42%), Prudential Financial Inc. (2.62%), Goldman Sachs Group Inc. (2.55%), Ceredex Value Advisors LLC (1.90%) and Peregrine Capital Management LLC (1.83%). View Institutional Ownership Trends for Wabash National.

WNC stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Ceredex Value Advisors LLC, Bank of New York Mellon Corp, State of Tennessee Treasury Department, Bank of America Corp DE, Pinebridge Investments L.P., Arizona State Retirement System and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Wabash National.

WNC stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Renaissance Technologies LLC, Clark Estates Inc. NY, AJO LP, California Public Employees Retirement System, Hotchkis & Wiley Capital Management LLC, Great West Life Assurance Co. Can and Foundry Partners LLC. View Insider Buying and Selling for Wabash National.

Shares of WNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of WNC stock can currently be purchased for approximately $11.01.

Wabash National has a market capitalization of $595.56 million and generates $2.32 billion in revenue each year. The company earns $89.57 million in net income (profit) each year or $1.62 on an earnings per share basis. Wabash National employs 7,100 workers across the globe.View Additional Information About Wabash National.

The official website for Wabash National is http://www.wabashnational.com/.

Wabash National's mailing address is 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN, 47905. The company can be reached via phone at 765-771-5310 or via email at [email protected]