Werner Enterprises(WERN) is having a Dividend Yield of 0.86% with the Annual cash Dividend per share of $0.24. The last quarter cash dividend per share pay out was $0.06. Werner Enterprises has a 5 year average dividend yield of 0.84% and the stock has a Indicated annual dividend of $0.24. Werner Enterprises(WERN) has the most recent dividend payout ratio of 0.22 with a 5-year average payout ratio of 0.15. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.07. The 5 year historical dividend growth of Werner Enterprises(WERN) is at the rate of 4.2% while the R-Squared dividend growth is 0.56. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Werner Enterprises, Inc. (NASDAQ:WERN) witnessed a decline in the market cap on Thursday as its shares dropped 0.18% or 0.05 points. After the session commenced at $28.05, the stock reached the higher end at $28.35 while it hit a low of $27.65. With the volume soaring to 634,858 shares, the last trade was called at $27.9. The company has a 52-week high of $29.05. The company has a market cap of $2,013 million and there are 72,166,969 shares in outstanding. The 52-week low of the share price is $21.35. Shares of Werner Enterprises, Inc. rose by 1.64% in the last five trading days and 3.33% for the last 4 weeks. Werner Enterprises, Inc. is up 4.92% in the last 3-month period. Year-to-Date the stock performance stands at 3.53%.
Currently the company Insiders own 34.8% of Werner Enterprises, Inc. shares according to the proxy statements. Institutional Investors own 63.79% of Werner Enterprises, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of 13.33%. Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Kenneth M Bird (director) purchased 600 shares at 26.05 per share price.On Aug 4, 2015, Robert E Jr Synowicki (Exec VP-Driver Resources) sold 3,500 shares at 28.51 per share price.On Feb 20, 2015, Gary L Werner (Chairman) sold 5,007 shares at 31.36 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Stifel on Feb 10, 2017 to Hold, Raises Price Target to $ 28 from a previous price target of $25 .Werner Enterprises was Downgraded by Stifel to Hold on Dec 16, 2016.
Werner Enterprises Last issued its quarterly earnings results on Jan 30, 2017. The company reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.26. The company had revenue of $518.80 million for the quarter, compared to analysts expectations of $510.82 million. The companys revenue was down -1.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.51 EPS.
Werner Enterprises, Inc. is a transportation company primarily engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce. The Company operates throughout the 48 contiguous states pursuant to operating authority, both common and contract, granted by the Department of Transportation and pursuant to intrastate authority granted by various states. They also have authority to operate in the ten provinces of Canada and have through trailer service in and out of Mexico.