NYSE:WNCWabash National Stock Price, Forecast & News

Wabash National's stock was trading at $9.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WNC shares have increased by 1.2% and is now trading at $9.33. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wabash National in the last year. There are currently 2 hold ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Wabash National.

Wabash National is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Wabash National.

Wabash National Co. (NYSE:WNC) posted its earnings results on Thursday, May, 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.01. The company had revenue of $387.07 million for the quarter, compared to the consensus estimate of $378 million. Wabash National had a negative net margin of 1.47% and a positive return on equity of 15.01%. View Wabash National's earnings history.

Wabash National declared a quarterly dividend on Wednesday, February 19th. Investors of record on Thursday, April 2nd will be given 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 3.43%. The ex-dividend date of this dividend is Wednesday, April 1st. View Wabash National's dividend history.

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

3 brokers have issued 12-month price objectives for Wabash National's stock. Their forecasts range from $10.00 to $18.00. On average, they expect Wabash National's share price to reach $14.00 in the next year. This suggests a possible upside of 50.1% from the stock's current price. View analysts' price targets for Wabash National.

Media coverage about WNC stock has been trending very negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wabash National earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutWabash National.

Wabash National saw a increase in short interest in April. As of April 30th, there was short interest totaling 10,240,000 shares, an increase of 5.0% from the April 15th total of 9,750,000 shares. Based on an average daily volume of 877,500 shares, the days-to-cover ratio is presently 11.7 days. Currently, 19.7% of the company's stock are short sold. View Wabash National's Current Options Chain.

Some companies that are related to Wabash National include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), 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). View all competitors.

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), Micron Technology (MU), Middleby (MIDD), AT&T (T), Chipotle Mexican Grill (CMG), AutoZone (AZO) and CVS Health (CVS).

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

Wabash National's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.78%), JPMorgan Chase & Co. (5.14%), State Street Corp (3.76%), Peregrine Capital Management LLC (2.95%), Towle & Co. (2.67%) and Bank of New York Mellon Corp (2.28%). View institutional ownership trends for Wabash National.

WNC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BlackRock Inc., AJO LP, Nuveen Asset Management LLC, WINTON GROUP Ltd, KBC Group NV, Ceredex Value Advisors LLC, and Wells Fargo & Company MN. View insider buying and selling activity for Wabash National.

WNC stock was acquired by a variety of institutional investors in the last quarter, including Towle & Co., Morgan Stanley, Morgan Stanley, Peregrine Capital Management LLC, Deprince Race & Zollo Inc., Deutsche Bank AG, Bank of New York Mellon Corp, and BNP Paribas Arbitrage SA. View insider buying and selling activity 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 $9.33.

Wabash National has a market capitalization of $493.09 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 6,900 workers across the globe.

The official website for Wabash National is www.wabashnational.com.

Wabash National's mailing address is 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN, 47905. The company can be reached via phone at 765-771-5300 or via email at [email protected]