Werner Enterprises (NASDAQ:WERN) had declared a cash dividend of $0.0600 on Jun 28, 2016. The shares will quote ex-dividend on Jul 6, 2016 and the record date has been fixed for Jul 8, 2016. On Jun 28, 2016 share price, the yield comes out to be 1.1055%. The dividend payable date has been fixed on Jul 19, 2016.
In a different note, On Jun 21, 2016, JP Morgan said it Downgrades its rating on Werner Enterprises. In the research note, the firm Lowers the price-target to $30.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jun 21, 2016, Bank of America said it Downgrades its rating on Werner Enterprises. The shares have been rated ‘Underperform’ by the firm. On Jun 21, 2016, Deutsche Bank said it Downgrades its rating on Werner Enterprises. The shares have been rated ‘Hold’ by the firm. On Jun 7, 2016, BB&T Capital said it Downgrades its rating on Werner Enterprises. The shares have been rated ‘Hold’ by the firm. Evercore ISI Group said it Initiates Coverage on Werner Enterprises, according to a research note issued on Jun 3, 2016. The shares have been rated ‘Hold’ by the firm. On May 9, 2016, Wells Fargo said it Downgrades its rating on Werner Enterprises. The shares have been rated ‘Market Perform’ by the firm.
Werner Enterprises (WERN) made into the market gainers list on Fridays trading session with the shares advancing 1.52% or 0.35 points. Due to strong positive momentum, the stock ended at $23.32, which is also near the day’s high of $23.35. The stock began the session at $22.99 and the volume stood at 4,79,597 shares. The 52-week high of the shares is $29.34 and the 52 week low is $20.91. The company has a current market capitalization of $1,680 M and it has 7,20,43,671 shares in outstanding.
Werner Enterprises(WERN) last announced its earnings results on Apr 20, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $482.80M. Analysts had an estimated revenue of $494.62M. Earnings per share were $0.28. Analysts had estimated an EPS of $0.32.
Several Insider Transactions has been reported to the SEC. On Aug 4, 2015, Robert E Jr Synowicki (Exec VP-Driver Resources) sold 3,500 shares at $28.51 per share price.Also, On Feb 20, 2015, Gary L Werner (Chairman) sold 5,007 shares at $31.36 per share price.On Feb 20, 2015, Gregory L Werner (Vice Chairman & CEO) sold 5,053 shares at $31.37 per share price, according to the Form-4 filing with the securities and exchange commission.
Werner Enterprises Inc. is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce. The Company also provides logistics services through its Value Added Services (VAS) division. The Company operates through two segments: Truckload Transportation Services (Truckload) and VAS. Truckload segment comprises the One-Way Truckload and Specialized Services units. The Companys VAS segment is a non-asset-based transportation and logistics provider. The Company has a fleet of approximately 7050 trucks of which approximately 6400 were company-operated and approximately 650 were owned and operated by independent contractors. Its VAS division operates approximately 55 intermodal drayage trucks.