|Bid||30.21 x 800|
|Ask||30.22 x 1300|
|Day's Range||30.17 - 30.68|
|52 Week Range||27.27 - 42.80|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||12.26|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||0.36 (1.29%)|
|1y Target Est||37.94|
OMAHA, Neb., June 11, 2019 -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is proud to be named a 2019 Green Supply Chain Partner by.
Werner Enterprises Inc (NASDAQ: WERN) continues to invest in U.S.-Mexican trade, regardless of the ups and downs of President Donald Trump's trade negotiations. In May, Werner opened a new 17,000-square foot refrigerated cross-dock operations facility in Laredo, Texas. "We are proud to enhance our services and continue leading the industry as the largest cross-border transportation provider to and from Mexico," said president and chief executive officer Derek Leathers.
Truckload (TL) carrier stocks have held up through the last six trading sessions, walking through a couple of potential body blows. The first came in the form of a tweet from President Trump announcing his intention to impose new and escalating rounds of tariffs on goods imported from Mexico. Then several companies at two different investor conferences (Deutsche Bank and UBS) confirmed what the data has shown for a few weeks now – the normal seasonal lift in freight volumes hasn't occurred thus far and TL spot market rates are off more than 20 percent.
The Dow Jones Transportation Average took a 91-point, or 0.9% dive in morning trading Thursday, with 18 of 20 components trading lower, pushed down by concerns over economic growth and prolonged trade disputes. The selloff comes despite the Dow Jones Industrial Average's 53-point, or 0.2% gain, with 18 of 30 components trading higher. The Dow transports' biggest loser was railroad operator Kansas City Southern's stock , which fell 2.0%. Bank of America Merrill Lynch analyst Ken Hoexter said in a recent note to clients that Kansas City Southern is the most exposed to escalating tariffs on imports from Mexico, with FactSet estimating just under half of the company's revenue coming from its Mexico business. Among other Hoexter said have "material" Mexico revenue, shares of Union Pacific Corp. shed 1.2% and Werner Enterprises Inc. slumped 2.4%.
Stocks with market capitalization between $2B and $10B, such as Werner Enterprises, Inc. (NASDAQ:WERN) with a size of...
Werner Enterprises (WERN), a premier transportation and logistics provider, is proud to announce four professional drivers have won first place at this year’s annual Nebraska Truck Driving Championships, earning a spot at the National Truck Driving Championships on Aug. 14-17. Eight Werner professional drivers competed, collectively earning second place as a team. “We are proud of our elite drivers and their accomplishments at the Nebraska Truck Driving Championships,” said President and Chief Executive Officer Derek Leathers.
On May 30, 2019, President Trump threatened to implement increasing rounds of tariffs on all Mexican imports beginning with a 5 percent tariff on June 10 unless Mexico (and U.S. lawmakers) take immediate steps to stop the flow of illegal immigration into the United States. Similar remarks came from the White House in April, but with a one-year time frame to take measures to stem illegal immigration into the U.S. Eroding freight fundamentals have been attributed to general economic malaise, the other trade war (China) and tough year-over-year comparisons from a record 2018 freight demand environment.
Werner (WERN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
FreightWaves spoke with Werner's (NASDAQ: WERN) President and Chief Executive Officer Derek Leathers and Chief Financial Officer John Steele regarding the recent announcement in changes to the capital structure. On May 14, 2019, WERN announced a $3.75 special cash dividend, a new stock repurchase program for up to five million shares (replacing the current authorization which had roughly two million shares remaining), that it had entered into two new unsecured revolving credit facilities and retained an existing credit facility totaling $575 million (replacing its three facilities which had $325 million in borrowing capacity) and its regular quarterly dividend of $0.09 per share. Leathers said that the company performed exhaustive research and analysis on its capital structure and believes that the increase in share repurchases and the special dividend, while incurring a little debt leverage, are the best route for the carrier.
OMAHA, Neb., May 15, 2019 -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is proud to celebrate the grand opening of its new cross-dock.
Werner Enterprises, Inc. (NASDAQ: WERN) announced a special cash dividend of $3.75 per common share after the close on May 14, 2019. One of the nation's largest transportation and logistics companies, WERN, said that the dividend will be paid on June 7, 2019 to shareholders of record at the close of business on May 24, 2019. The company had a history of paying special dividends when the top-end of the capital gains tax rate was 15 percent (2004-2012).
Werner Enterprises, Inc. (WERN), one of the nation’s largest transportation and logistics companies, is pleased to announce the following actions approved by its Board of Directors (the “Board”) on May 14, 2019. The Board declared a special cash dividend of $3.75 per common share payable to shareholders of record at the close of business on May 24, 2019. This dividend will be paid on June 7, 2019. The special dividend amounts to a total of approximately $262 million to be paid on Werner’s 69.9 million common shares outstanding. No portion of the $3.75 special dividend is considered to be a return of capital. The Board also declared a regular quarterly cash dividend of $0.09 (9.0 cents) per common share payable to shareholders of record at the close of business on July 1, 2019. This dividend will be paid on July 16, 2019. Werner Enterprises has paid a quarterly cash dividend to its shareholders every quarter since July 1987.
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OMAHA, Neb., May 07, 2019 -- Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider, is honored to be named a Best for Vets Employer by Military.
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Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation's largest transportation and logistics companies, reported non-GAAP adjusted earnings per share (EPS) of $0.52, which was $0.03 ahead of the consensus estimate. WERN reported a 6 percent year-over-year increase in total revenue as trucking revenue (net of fuel surcharge) increased 9 percent to $397.7 million and logistics revenue was flat in the period at $117.4 million. The company's one-way truckload division saw a 1.5 percent decline in average tractors and a 2.8 percent increase in revenue per tractor in the quarter with the dedicated division seeing a 12.7 percent increase in average tractors and a 3.6 percent increase in revenue per tractor.
One of the nation's largest transportation and logistics companies, Werner Enterprises, Inc. (NASDAQ: WERN ), reported non-GAAP adjusted earnings per share (EPS) of $0.52, besting the consensus estimate ...
The Omaha, Nebraska-based company said it had net income of 51 cents per share. Earnings, adjusted for non-recurring costs, came to 52 cents per share. The results beat Wall Street expectations. The average ...
First Quarter 2019 Highlights (all metrics compared to first quarter 2018 unless otherwise noted) Total revenues of $596.1 million, up $33.4 million, or 6%Operating income of.
NEW YORK, NY / ACCESSWIRE / April 25, 2019 / Werner Enterprises, Inc. (NASDAQ: WERN ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 25, 2019 at 5:00 ...