Werner Enterprises, Inc. Announces Quarterly Dividend of $0.09 (WERN)

Share on StockTwits

Werner Enterprises, Inc. (NASDAQ:WERN) announced a quarterly dividend on Thursday, November 15th, RTT News reports. Shareholders of record on Wednesday, January 2nd will be given a dividend of 0.09 per share by the transportation company on Tuesday, January 15th. This represents a $0.36 dividend on an annualized basis and a yield of 1.07%.

Werner Enterprises has increased its dividend payment by an average of 9.1% annually over the last three years and has increased its dividend annually for the last 3 consecutive years. Werner Enterprises has a payout ratio of 16.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Werner Enterprises to earn $2.58 per share next year, which means the company should continue to be able to cover its $0.36 annual dividend with an expected future payout ratio of 14.0%.

Shares of WERN stock opened at $33.53 on Friday. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 26.40, a PEG ratio of 0.98 and a beta of 1.08. Werner Enterprises has a 1 year low of $31.08 and a 1 year high of $43.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.37 and a current ratio of 1.41.

Werner Enterprises (NASDAQ:WERN) last issued its quarterly earnings data on Thursday, October 18th. The transportation company reported $0.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.06. The company had revenue of $629.70 million for the quarter, compared to analyst estimates of $628.71 million. Werner Enterprises had a return on equity of 12.34% and a net margin of 10.71%. The business’s quarterly revenue was up 19.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.31 earnings per share. Analysts predict that Werner Enterprises will post 2.31 earnings per share for the current year.

A number of brokerages recently commented on WERN. ValuEngine upgraded shares of Werner Enterprises from a “sell” rating to a “hold” rating in a research report on Tuesday, October 23rd. BidaskClub raised shares of Werner Enterprises from a “hold” rating to a “buy” rating in a research note on Tuesday, September 11th. Bank of America raised shares of Werner Enterprises from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $41.00 to $44.00 in a research note on Tuesday, July 24th. Citigroup lifted their target price on shares of Werner Enterprises from $39.00 to $42.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 24th. Finally, Robert W. Baird lifted their target price on shares of Werner Enterprises from $41.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 24th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $42.67.

COPYRIGHT VIOLATION NOTICE: “Werner Enterprises, Inc. Announces Quarterly Dividend of $0.09 (WERN)” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this story on another publication, it was illegally copied and republished in violation of US & international trademark & copyright law. The original version of this story can be read at https://www.tickerreport.com/banking-finance/3944990/werner-enterprises-inc-announces-quarterly-dividend-of-0-09-wern.html.

About Werner Enterprises

Werner Enterprises, Inc, a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, Canada, China, and Australia. It operates through two segments, Truckload Transportation Services and Werner Logistics.

Further Reading: Insider Trading – What You Need to Know

Dividend History for Werner Enterprises (NASDAQ:WERN)

Receive News & Ratings for Werner Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Werner Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Boingo Wireless Inc  Expected to Post Quarterly Sales of $67.18 Million
Boingo Wireless Inc Expected to Post Quarterly Sales of $67.18 Million
Match Group  Stock Price Up 6.2%
Match Group Stock Price Up 6.2%
DavidsTea  Stock Price Up 5.6%
DavidsTea Stock Price Up 5.6%
Tattoocoin   Price Tops $0.0029 on Exchanges
Tattoocoin Price Tops $0.0029 on Exchanges
Divi Exchange Token  Achieves Market Capitalization of $355,329.00
Divi Exchange Token Achieves Market Capitalization of $355,329.00
Gladstone Capital Co.  Expected to Post Quarterly Sales of $12.17 Million
Gladstone Capital Co. Expected to Post Quarterly Sales of $12.17 Million


© 2006-2018 Ticker Report