Wabash National Co. (NYSE:WNC) declared a quarterly dividend on Monday, December 18th, RTT News reports. Shareholders of record on Thursday, January 4th will be given a dividend of 0.075 per share on Thursday, January 25th. This represents a $0.30 annualized dividend and a yield of 1.55%. This is a positive change from Wabash National’s previous quarterly dividend of $0.06.

Wabash National (WNC) opened at $19.31 on Monday. The firm has a market cap of $1,138.87, a PE ratio of 13.79, a price-to-earnings-growth ratio of 0.66 and a beta of 1.68. The company has a quick ratio of 1.18, a current ratio of 2.03 and a debt-to-equity ratio of 1.04. Wabash National has a fifty-two week low of $14.97 and a fifty-two week high of $24.16.

Wabash National (NYSE:WNC) last announced its earnings results on Tuesday, October 31st. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.05). Wabash National had a return on equity of 18.42% and a net margin of 5.05%. The business had revenue of $425.10 million for the quarter, compared to the consensus estimate of $449.05 million. During the same period in the prior year, the business posted $0.50 earnings per share. The firm’s revenue for the quarter was down 8.4% compared to the same quarter last year. equities research analysts anticipate that Wabash National will post 1.37 earnings per share for the current year.

Several research firms recently issued reports on WNC. Craig Hallum reiterated a “buy” rating and set a $27.00 price target on shares of Wabash National in a research report on Friday, October 6th. ValuEngine lowered shares of Wabash National from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded shares of Wabash National from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a research report on Wednesday, September 27th. Stifel Nicolaus reiterated a “hold” rating and set a $22.00 price target on shares of Wabash National in a research report on Tuesday, September 12th. Finally, BMO Capital Markets reiterated a “hold” rating on shares of Wabash National in a research report on Monday, October 23rd. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $23.83.

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Wabash National Company Profile

Wabash National Corporation is a diversified industrial manufacturer and producer of semi-trailers and liquid transportation systems. The Company’s segments include Commercial Trailer Products; Diversified Products, and Corporate and Eliminations segment. The Company designs, manufactures and markets a range of products, including dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, truck-mounted tanks, intermodal equipment, aircraft refueling equipment, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment.

Dividend History for Wabash National (NYSE:WNC)

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