Werner Enterprises Declares Quarterly Dividend of $0.05 (WERN)

Werner Enterprises (NASDAQ:WERN) announced a quarterly dividend on Friday, June 7th, StockRatingsNetwork.com reports. Investors of record on Monday, July 1st will be paid a dividend of $0.05 per share on Tuesday, July 16th. This represents a $0.20 annualized dividend and a dividend yield of 0.81%.

A number of analysts have recently weighed in on WERN shares. Analysts at Longbow Research downgraded shares of Werner Enterprises from a “buy” rating to a “neutral” rating in a research note to investors on Thursday. They now have a $26.00 price target on the stock. They noted that the move was a valuation call. On a related note, analysts at Stifel Nicolaus downgraded shares of Werner Enterprises from a “buy” rating to a “hold” rating in a research note to investors on Friday, May 31st. Finally, analysts at Zacks downgraded shares of Werner Enterprises from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, April 23rd. They now have a $21.60 price target on the stock.

One analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the stock. Werner Enterprises presently has a consensus rating of “Hold” and a consensus target price of $25.40.

Shares of Werner Enterprises (NASDAQ: WERN) opened at 24.84 on Monday. Werner Enterprises has a 52 week low of $20.63 and a 52 week high of $25.02. The stock’s 50-day moving average is currently $23.64. The company has a market cap of $1.820 billion and a P/E ratio of 18.40.

Werner Enterprises (NASDAQ: WERN) last posted its quarterly earnings results on Monday, April 22nd. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.04. The company had revenue of $492.89 million for the quarter, compared to the consensus estimate of $505.99 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was down 1.1% on a year-over-year basis. On average, analysts predict that Werner Enterprises will post $1.40 earnings per share for the current fiscal year.

Werner Enterprises, Inc. is a transportation and logistics company engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce.

Latest News

Retail Opportunity Investments Corp  Expected to Announce Earnings of $0.29 Per Share
Retail Opportunity Investments Corp Expected to Announce Earnings of $0.29 Per Share
Andeavor Logistics LP  Receives $50.67 Consensus Target Price from Analysts
Andeavor Logistics LP Receives $50.67 Consensus Target Price from Analysts
Somewhat Positive Media Coverage Somewhat Unlikely to Impact Gemphire Therapeutics  Stock Price
Somewhat Positive Media Coverage Somewhat Unlikely to Impact Gemphire Therapeutics Stock Price
Aviat Networks  Given Daily Media Impact Rating of 0.09
Aviat Networks Given Daily Media Impact Rating of 0.09
Papa Murphy’s  Getting Somewhat Positive News Coverage, Report Shows
Papa Murphy’s Getting Somewhat Positive News Coverage, Report Shows
EXFO  Given Average Recommendation of “Hold” by Brokerages
EXFO Given Average Recommendation of “Hold” by Brokerages


© 2006-2018 Ticker Report. Google+.