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.