NYSE:WNCWabash National Stock Price, Forecast & News

Wabash National's stock was trading at $9.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WNC stock has 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) announced its quarterly earnings data on Thursday, May, 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by $0.01. The firm earned $387.07 million during the quarter, compared to analyst estimates of $378 million. Wabash National had a positive return on equity of 15.01% and a negative net margin of 1.47%. View Wabash National's earnings history.

Wabash National declared a quarterly dividend on Wednesday, February 19th. Shareholders 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 annualized dividend and a yield of 3.43%. The ex-dividend date is Wednesday, April 1st. View Wabash National's dividend history.

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

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

News stories about WNC stock have been trending very negative on Wednesday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wabash National earned a news sentiment score of -3.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutWabash National.

Wabash National saw a increase in short interest during the month of 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 currently 11.7 days. Currently, 19.7% 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), Trinity Industries (TRN), Navistar International (NAV), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG) and Terex (TEX). 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 variety of retail and institutional investors. Top institutional investors 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 purchased 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]