Wabash National Company Profile (NYSE:WNC)

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

Wabash National announced a quarterly dividend on Thursday, September 21st. Shareholders of record on Thursday, October 5th will be given a dividend of $0.06 per share on Thursday, October 26th. This represents a $0.24 dividend on an annualized basis and a yield of 1.14%. View Wabash National's Dividend History.

Wabash National declared that its board has initiated a share repurchase program on Saturday, April 8th 2017, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 7.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.

Wabash National Co. (NYSE:WNC) announced its earnings results on Tuesday, July, 25th. The company reported $0.37 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by $0.05. The firm had revenue of $435.90 million for the quarter, compared to analyst estimates of $436.85 million. Wabash National had a return on equity of 19.29% and a net margin of 5.26%. The company's quarterly revenue was down 7.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.55 EPS. View Wabash National's Earnings History.

Wabash National is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Wabash National.

Wabash National updated its FY17 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $1.44-$1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.53.

6 analysts have issued 1-year price objectives for Wabash National's stock. Their forecasts range from $17.00 to $29.00. On average, they anticipate Wabash National's share price to reach $21.80 in the next twelve months. View Analyst Ratings for Wabash National.

Here are some recent quotes from research analysts about Wabash National stock:

• 1. According to Zacks Investment Research, "Wabash National Corporation is one of the leading manufacturers of semi trailers in North America. Established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, and intermodal equipment. Its innovative core products are sold under the DuraPlate, ArcticLite, and Eagle brand names. The company operates two wholly owned subsidiaries: Transcraft Corporation, a manufacturer of flatbed and drop deck trailers; and Wabash National Trailer Centers, a retail distributor of new and used trailers and aftermarket parts throughout the U.S. and Canada. " (8/15/2017)
• 2. BMO Capital Markets analysts commented, "It certainly feels different this time. Although the past three downturns saw 50%-plus declines in trailer demand and negative net income at the troughs for Wabash, we believe this cycle could buck the trend. This assumption is based on pentup demand in the trailer market and Wabash working to reduce costs and diversify the company. However, while the shares have recently moved materially higher, likely boosted by the 22% of its outstanding float shorted, we believe declining earnings will constrain further upside over the next one to two years." (2/6/2017)
• 3. Stifel Nicolaus analysts commented, "In accordance with those increases in industry estimates, we are increasing our 2017 and 2018 EPS estimates for Wabash National from $1.15 and $1.00 to $1.40 and $1.35 and raising our rating from Sell to Hold. Our target price is $17 (or 12.5x our 2018 EPS estimate of $1.35). Our prior Sell thesis had been based on the theory that semi-trailer demand would more quickly resemble Class 8 tractor demand, which had been on a sharp downward trajectory throughout 2016, as Class 8 orders declined 42% y/y last year. Historically, tractor demand and trailer demand have been more highly correlated than they have been in the past year, which we attribute to an aged semi-trailer demographic that has been more conducive to replacement as well as operational factors, such as fleets using higher trailer-to-tractor ratios to deal with hours-of-service regulations." (1/26/2017)

Some companies that are related to Wabash National include Aggreko plc (AGK), Rotork p.l.c. (ROR), The Advisory Board Company (ABCO), Berendsen PLC (BRSN), Advanced Disposal Services (ADSW), Korn/Ferry International (KFY), Steelcase (SCS), National Express Group PLC (NEX), Balfour Beatty plc (BBY), Wizz Air Holdings PLC (WIZZ), Pagegroup PLC (PAGE), Ascential PLC (ASCL), FirstGroup plc (FGP), Kratos Defense & Security Solutions (KTOS), QinetiQ Group plc (QQ), Hollysys Automation Technologies Ltd (HOLI), Diploma PLC (DPLM) and Serco Group plc (SRP).

Wabash National's management team includes the folowing people:

• Martin C. Jischke Ph.D., Independent Chairman of the Board
• Brent L. Yeagy, President, Chief Operating Officer, Director
• Richard J. Giromini, Chief Executive Officer, Director
• Jeffery Lee Taylor, Chief Financial Officer, Senior Vice President
• Erin Jennifer Roth, Senior Vice President, General Counsel, Secretary
• William D. Pitchford, Senior Vice President - Human Resources, Assistant Secretary
• Mark Jason Weber, Senior Vice President; Group President - Diversified Products Group
• John E. Kunz, Independent Director
• Larry J. Magee, Independent Director
• Ann D. Murtlow, Independent Director

Wabash National's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (16.37%), BlackRock Inc. (12.25%), Dimensional Fund Advisors LP (8.06%), Royce & Associates LP (6.28%), LSV Asset Management (5.77%) and Acadian Asset Management LLC (2.83%). Company insiders that own Wabash National stock include Brent L Yeagy, Erin Jennifer Roth, Larry J Magee, Mark Jason Weber, Richard J Giromini and William D Pitchford. View Institutional Ownership Trends for Wabash National.

Wabash National's stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Numeric Investors LLC, Acadian Asset Management LLC, Vanguard Group Inc., Cornerstone Capital Management Holdings LLC., Russell Investments Group Ltd., First Trust Advisors LP and BlackRock Inc.. Company insiders that have sold Wabash National stock in the last year include Brent L Yeagy, Erin Jennifer Roth, Larry J Magee, Mark Jason Weber, Richard J Giromini and William D Pitchford. View Insider Buying and Selling for Wabash National.

Wabash National's stock was purchased by a variety of institutional investors in the last quarter, including Old Mutual Global Investors UK Ltd., Royce & Associates LP, Victory Capital Management Inc., New Amsterdam Partners LLC NY, Capital Fund Management S.A., Goldman Sachs Group Inc., Gotham Asset Management LLC and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Wabash National.

Shares of Wabash National can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Wabash National stock can currently be purchased for approximately $21.09.