Werner Enterprises, Inc., a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. It operates in two segments, Truckload Transportation Services and Werner Logistics. The Truckload Transportation Services segment operates medium-to-long-haul van fleet that transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet, which offers time-sensitive truckload services using driver teams; regional short-haul fleet that provides comparable truckload van service in the United States; and temperature controlled fleet, which offers truckload services for temperature sensitive products using temperature-controlled trailers. It transports retail store merchandise, consumer products, food and beverage products, and manufactured products. The Werner Logistics segment provides non-asset-based transportation and logistics services, including truck brokerage; logistics management services and solutions; rail transportation through alliances with rail and drayage providers; management of shipments from origin to destination using a combination of air, ocean, truck, and rail transportation modes; and home and business deliveries of large or heavy items using liftgate straight truck. As of December 31, 2020, the company had a fleet of 7,830 trucks, which included 7,390 company-operated, as well as 440 owned and operated by independent contractors; 24,400 company-owned trailers that comprised dry vans, flatbeds, and temperature-controlled and other specialized trailers; and 31 intermodal drayage trucks. Werner Enterprises, Inc. was founded in 1956 and is headquartered in Omaha, Nebraska.
IPO Year: 1986
Exchange: NASDAQ
Website: werner.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/31/2024 | $38.00 → $43.00 | Buy | TD Cowen |
7/9/2024 | $39.00 | Buy → Neutral | UBS |
7/9/2024 | $36.00 → $32.00 | Neutral → Underweight | JP Morgan |
6/24/2024 | $32.00 → $27.00 | Neutral → Negative | Susquehanna |
6/7/2024 | $38.00 | Underweight | Wells Fargo |
5/1/2024 | $42.00 → $38.00 | Buy | TD Cowen |
4/1/2024 | $45.00 → $40.00 | Overweight → Equal Weight | Barclays |
2/8/2024 | $45.00 → $42.00 | Buy → Hold | Stifel |
2/7/2024 | $40.00 → $43.00 | Outperform | TD Cowen |
10/19/2023 | $47.00 → $37.00 | Buy → Underperform | BofA Securities |
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, is proud to announce that the U.S. Environmental Protection Agency (EPA) has honored it with the SmartWay Excellence Award for 2024 for the ninth time. This prestigious award recognizes Werner's unwavering commitment to sustainability and environmental stewardship in the transportation industry. The SmartWay Excellence Award is the EPA's highest recognition for demonstrated leadership in freight supply chain energy and environmental performance. This year's award highlights Werner's continuous efforts to reduce its carbon footprint, enhance fuel efficiency and implement innovative, eco-friendly practic
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, will release its third quarter earnings on Tuesday, October 29, 2024, after the market close. The company will also hold a conference call to discuss the third quarter 2024 results and 2024 outlook on the same day, beginning at 4:00 p.m. CT. The news release, live webcast of the earnings conference call, and accompanying slide presentation will be available at www.werner.com in the "Investors" section under "News & Events" and then "Events Calendar." To participate in the conference call, please dial (844) 701-1165 (domestic) or (412) 317-5498 (international). Please mention to the operator that you ar
DENVER, Sept. 20, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. (NASDAQ:EVCM) (the "Company"), a leading provider of SaaS solutions for service SMBs, announced today the appointment of Alexi Wellman to its Board of Directors, effective Monday, September 23, 2024. "We are excited to welcome Alexi to our Board of Directors," said EverCommerce CEO and Chairman of the Board Eric Remer. "Alexi brings extensive experience in operations, financial management, accounting and audit processes and corporate governance that will serve us well in pursuing our growth strategy." Upon joining the EverCommerce Board, Ms. Wellman will serve on the Company's Audit Committee, bringing substantial expertise fr
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, eagerly anticipates celebrating National Truck Driver Appreciation Week from September 15-21, 2024. "National Truck Driver Appreciation Week is a wonderful opportunity to honor and thank our professional drivers for taking on one of our economy's most essential and demanding roles," said Werner's Chairman and CEO, Derek Leathers. "These individuals exemplify excellence as they deliver goods safely and punctually, and we are committed to recognizing their outstanding achievements." This week and next, Werner celebrates Driver Appreciation Week at our West Memphis, Arkansas; Lithia Springs, Georgia; Lak
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, is pleased to announce its inclusion as a 2024 Top Green Fleet by Heavy Duty Trucking. This recognition underscores Werner's unwavering commitment to reducing carbon emissions through innovative operations, fleet advancements and cutting-edge technology. "We are honored to be included among this prestigious list of 15 companies addressing and finding solutions to combat the transportation industry's carbon impacts," said Werner's Senior Vice President of the One-Way Truckload Network and Innovation Council Leader, Chad Dittberner. "This award from Heavy Duty Trucking is a validation of our efforts as
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, is proud to announce it has been named one of America's Best Employers for Women 2024 by Forbes. This prestigious recognition underscores Werner's ongoing commitment to fostering an inclusive and supportive workplace for women across the organization. Out of 600 distinguished companies featured by Forbes, Werner came in at #7 within the Transportation and Logistics category. In collaboration with the market research company Statista, Forbes identified the Best Employers for Women through an extensive survey of more than 150,000 women working for companies employing at least 1,000 people within the U.S
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, is thrilled to announce its recognition as a 2024 Green Supply Chain Partner by Inbound Logistics for the 12th consecutive year. This prestigious annual list acknowledges 75 companies that excel in implementing green initiatives and advancing sustainability within global supply chains. "This recognition from Inbound Logistics highlights our steadfast commitment to sustainability, and we are proud to be included among a select group of environmental leaders," said Werner's Chairman and CEO, Derek Leathers. "Sustainability is a key component of our Werner DRIVE℠ strategy, guiding us to innovate and impl
Werner Enterprises, Inc. (NASDAQ:WERN), one of the nation's largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 (fourteen cents) per common share. This dividend will be paid on October 23, 2024, to stockholders of record at the close of business on October 7, 2024. Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987. Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2023 revenues of $3.3 billion, an industry-leading modern truck and trailer fl
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, is proud to announce it has been recognized as the #3 Military Friendly® Company in the $1 billion to $5 billion revenue category for 2024. This marks the second consecutive year Werner has earned this prestigious ranking. This achievement follows a series of significant accolades in the 2024 Military Friendly® rankings, which include: Top Ten Military Friendly® Employer (#5) for the second consecutive year. Top Ten Military Friendly® Spouse Employer (#3) for the third consecutive year. Top Ten Military Friendly® Brand (#3) for the third consecutive year, maintaining the #3 ranking for the se
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, announced participation in the following investment conferences. Susquehanna 2024 Virtual Industrials, Energy & Travel Conference: Wednesday, August 7, 2024, a series of investor meetings. Morgan Stanley 12th Annual Laguna Conference: Thursday, September 12, 2024, in Laguna Beach, California, including investor meetings. Fireside chat presentation from 10:30 a.m. to 11:00 a.m. PT. Speakers: Derek J. Leathers, Chairman and Chief Executive Officer, and Christopher D. Wikoff, Executive Vice President, Treasurer and Chief Financial Officer. A live webcast for the Morgan Stanley conference will be avai
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, will release its third quarter earnings on Tuesday, October 29, 2024, after the market close. The company will also hold a conference call to discuss the third quarter 2024 results and 2024 outlook on the same day, beginning at 4:00 p.m. CT. The news release, live webcast of the earnings conference call, and accompanying slide presentation will be available at www.werner.com in the "Investors" section under "News & Events" and then "Events Calendar." To participate in the conference call, please dial (844) 701-1165 (domestic) or (412) 317-5498 (international). Please mention to the operator that you ar
Werner Enterprises, Inc. (NASDAQ:WERN), one of the nation's largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 (fourteen cents) per common share. This dividend will be paid on October 23, 2024, to stockholders of record at the close of business on October 7, 2024. Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987. Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2023 revenues of $3.3 billion, an industry-leading modern truck and trailer fl
Second Quarter 2024 Highlights (all metrics compared to second quarter 2023) Total revenues of $760.8 million, down 6% Operating income of $19.6 million, down 58%; non-GAAP adjusted operating income of $21.3 million, down 58% Operating margin of 2.6%, down 320 basis points; non-GAAP adjusted operating margin of 2.8%, down 350 basis points Diluted EPS of $0.15, down 68%; non-GAAP adjusted diluted EPS of $0.17, down 67% Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, today reported results for the second quarter ended June 30, 2024. "While industry-wide headwinds remain, second quarter earnings improved sequentially, and we made progre
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, will release its second quarter earnings on Tuesday, July 30, 2024, after the market close. The company will also hold a conference call to discuss the second quarter 2024 results and 2024 outlook on the same day, beginning at 4:00 p.m. CT. The news release, live webcast of the earnings conference call, and accompanying slide presentation will be available at www.werner.com in the "Investors" section under "News & Events" and then "Events Calendar." To participate in the conference call, please dial (844) 701-1165 (domestic) or (412) 317-5498 (international). Please mention to the operator that you ar
Werner Enterprises, Inc. (NASDAQ:WERN), one of the nation's largest transportation and logistics companies (the "Company"), is pleased to announce the following actions of its Board of Directors (the "Board") on May 14, 2024: Stock Repurchase Program The Board approved a new stock repurchase program under which the Company is authorized to repurchase up to 5 million shares of its common stock. Upon approval of the new program, the Board withdrew the previous stock repurchase authorization, which had approximately 1.6 million shares remaining available for repurchase. The Company may repurchase stock from time to time depending on market, economic and other factors. The new authorization
First Quarter 2024 Highlights (all metrics compared to first quarter 2023) Total revenues of $769.1 million, down 8% Operating income of $15.6 million, down 71%; non-GAAP adjusted operating income of $18.6 million, down 68% Operating margin of 2.0%, down 440 basis points; non-GAAP adjusted operating margin of 2.4%, down 450 basis points Diluted EPS of $0.10, down 82%; non-GAAP adjusted diluted EPS of $0.14, down 77% Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, today reported results for the first quarter ended March 31, 2024. "Freight conditions remained challenging in the first quarter with persistent excess industry capacity dri
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, will release its first quarter earnings on Tuesday, April 30, 2024, after the market close. The company will also hold a conference call to discuss the first quarter 2024 results and 2024 outlook on the same day, beginning at 4:00 p.m. CT. The news release, live webcast of the earnings conference call, and accompanying slide presentation will be available at www.werner.com in the "Investors" section under "News & Events" and then "Events Calendar." To participate in the conference call, please dial (844) 701-1165 (domestic) or (412) 317-5498 (international). Please mention to the operator that you are
Werner Enterprises, Inc. (NASDAQ:WERN), one of the nation's largest transportation and logistics companies, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.14 (fourteen cents) per common share. This dividend will be paid on May 1, 2024, to stockholders of record at the close of business on April 15, 2024. Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987. Werner Enterprises, Inc. delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2023 revenues of $3.3 billion, an industry-leading modern truck and trailer fleet, n
Fourth Quarter 2023 Highlights (all metrics compared to fourth quarter 2022) Total revenues of $821.9 million, down 5% Operating income of $37.9 million, down 57%; non-GAAP adjusted operating income of $39.2 million, down 56% Operating margin of 4.6%, down 570 basis points; non-GAAP adjusted operating margin of 4.8%, down 560 basis points Diluted EPS of $0.37, down 61%; non-GAAP adjusted diluted EPS of $0.39, down 61% 2023 Highlights (all metrics compared to 2022) Total revenues of $3.28 billion, relatively flat Operating income of $176.4 million, down 45%; non-GAAP adjusted operating income of $189.7 million, down 43% Operating margin of 5.4%, down 440 basis points;
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, today announced it will release its fourth quarter and full year 2023 earnings on Tuesday, February 6, 2024, after the market close. The company will also hold a conference call to discuss the fourth quarter and full year 2023 results and 2024 outlook on the same day, beginning at 4:00 p.m. CT. The news release, live webcast of the earnings conference call, and accompanying slide presentation will be available at www.werner.com in the "Investors" section under "News & Events" and then "Events Calendar." To participate in the conference call, please dial (844) 701-1165 (domestic) or (412) 317-5498 (int
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4 - WERNER ENTERPRISES INC (0000793074) (Issuer)
4 - WERNER ENTERPRISES INC (0000793074) (Issuer)
4 - WERNER ENTERPRISES INC (0000793074) (Issuer)
4 - WERNER ENTERPRISES INC (0000793074) (Issuer)
4 - WERNER ENTERPRISES INC (0000793074) (Issuer)
4 - WERNER ENTERPRISES INC (0000793074) (Issuer)
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UBS analyst Thomas Wadewitz downgrades Werner Enterprises (NASDAQ:WERN) from Buy to Neutral and announces $39 price target.
U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday. Shares of Indivior PLC (NASDAQ:INDV) fell sharply in today's pre-market trading after the company lowered its fiscal 2024 guidance. The company said it now expects 2024 net revenue of $1.15 billion to $1.215 billion, versus prior forecast of $1.24 billion to $1.33 billion. Indivior shares tumbled 43.2% to $8.71 in the pre-market trading session. Here are some big stocks recording losses in today's pre-market trading session. Helen of Troy Limited (NASDAQ:HELE) shares fell 27.5% to $64.50 in pre-market trading after the company reported downbeat first-quarter results and lowe
JP Morgan analyst Brian Ossenbeck downgrades Werner Enterprises (NASDAQ:WERN) from Neutral to Underweight and lowers the price target from $36 to $32.
Morgan Stanley analyst Ravi Shanker maintains Werner Enterprises (NASDAQ:WERN) with a Overweight and lowers the price target from $57 to $56.
Evercore ISI Group analyst Jonathan Chappell maintains Werner Enterprises (NASDAQ:WERN) with a In-Line and lowers the price target from $35 to $33.
Susquehanna analyst Bascome Majors downgrades Werner Enterprises (NASDAQ:WERN) from Neutral to Negative and lowers the price target from $32 to $27.
Texas Pacific Land Corp. (NYSE:TPL) shares are moving higher Monday following the company’s announcement that it will join the S&P MidCap 400. The Details: On Friday after the market closed, it was announced Texas Pacific Land will join the S&P MidCap 400 effective on June 24th prior to market open. The company is replacing Werner Enterprises Inc. (NASDAQ:WERN) in the S&P MidCap 400. Texas Pacific Land is a part of a group of companies that are joining the S&P MidCap 400 in replacement of former constituents. How To Buy Texas Pacific Land Stock By now you're likely curious about how to participate in the market for Texas Pacific Land (NYSE:TPL) – be it to purchase shares, or even
Wells Fargo analyst Christian Wetherbee initiates coverage on Werner Enterprises (NASDAQ:WERN) with a Underweight rating and announces Price Target of $38.
Stephens & Co. analyst Daniel Imbro reiterates Werner Enterprises (NASDAQ:WERN) with a Equal-Weight and maintains $40 price target.
Upon approval of the new program, the Board withdrew the previous stock repurchase authorization, which had approximately 1.6 million shares remaining available for repurchase.
TD Cowen reiterated coverage of Werner Enterprises with a rating of Buy and set a new price target of $43.00 from $38.00 previously
UBS downgraded Werner Enterprises from Buy to Neutral and set a new price target of $39.00
JP Morgan downgraded Werner Enterprises from Neutral to Underweight and set a new price target of $32.00 from $36.00 previously
Susquehanna downgraded Werner Enterprises from Neutral to Negative and set a new price target of $27.00 from $32.00 previously
Wells Fargo initiated coverage of Werner Enterprises with a rating of Underweight and set a new price target of $38.00
TD Cowen reiterated coverage of Werner Enterprises with a rating of Buy and set a new price target of $38.00 from $42.00 previously
Barclays downgraded Werner Enterprises from Overweight to Equal Weight and set a new price target of $40.00 from $45.00 previously
Stifel downgraded Werner Enterprises from Buy to Hold and set a new price target of $42.00 from $45.00 previously
TD Cowen reiterated coverage of Werner Enterprises with a rating of Outperform and set a new price target of $43.00 from $40.00 previously
BofA Securities downgraded Werner Enterprises from Buy to Underperform and set a new price target of $37.00 from $47.00 previously
DENVER, Sept. 20, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. (NASDAQ:EVCM) (the "Company"), a leading provider of SaaS solutions for service SMBs, announced today the appointment of Alexi Wellman to its Board of Directors, effective Monday, September 23, 2024. "We are excited to welcome Alexi to our Board of Directors," said EverCommerce CEO and Chairman of the Board Eric Remer. "Alexi brings extensive experience in operations, financial management, accounting and audit processes and corporate governance that will serve us well in pursuing our growth strategy." Upon joining the EverCommerce Board, Ms. Wellman will serve on the Company's Audit Committee, bringing substantial expertise fr
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
Werner Enterprises (NASDAQ:WERN), a premier transportation and logistics provider, announces today that Michelle D. Greene was appointed to the Company's Board of Directors (the "Board") at the November 6, 2023 Board meeting. Greene will fill the seat that was held by Kenneth M. Bird, ED.D., who retired from the Board effective November 6, 2023, having served on Werner's Board since 2002. Greene will serve on the Board's Audit Committee and the ESG Committee. "On behalf of Werner and its Board of Directors, I would like to thank Dr. Bird for his contributions to the success of the Company and his many years of valued service as a director," said Derek Leathers, Werner's Chairman, Presiden
Werner Enterprises (NASDAQ:WERN), a premier transportation and logistics provider, proudly received the 2023 American Trucking Association's (ATA) Diversity, Equity and Inclusion (DEI) Change Leader Award. Established in 2022, this award highlights ATA members who make a commitment to a culture of acceptance and belonging for their employees. The goal of the award is to encourage innovation that supports continued improvement in the industry's longstanding commitment to equal opportunity. The ATA currently has a membership of more than 35,000 companies and eight industry leaders received recognition for their efforts. "It's a great honor receiving this recognition from the ATA because w
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, announced today that its Board of Directors appointed Christopher D. Wikoff to serve as Executive Vice President, Treasurer and Chief Financial Officer ("CFO") effective April 18, 2023. Mr. Wikoff succeeds John J. Steele, who announced his retirement plans last August. Mr. Wikoff, 48, has over 20 years of finance leadership and business transformation experience with public and private multinational companies. Prior to joining Werner, Mr. Wikoff served as Executive Vice President and Treasurer of West Technology Group, formerly Intrado Corporation, a cloud-based, global technology partner, where he was
John Steele to retire as EVP, Treasurer and CFOCandidate search launched to identify successor OMAHA, Neb., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ:WERN), one of the nation's largest transportation and logistics companies, announced today that John J. Steele, Executive Vice President, Treasurer and Chief Financial Officer, has decided to retire after 33 years at the Company, including the last 25 years as Chief Financial Officer. Mr. Steele will remain with the Company through the transition of his responsibilities to his successor. "On behalf of all of us at Werner, I want to thank John for his leadership and dedication over his career. John is a key member of our e
OMAHA, Neb., May 12, 2022 (GLOBE NEWSWIRE) -- Werner Enterprises (NASDAQ:WERN), one of the nation's largest transportation and logistics companies, announced that Michelle D. Livingstone was appointed to the Company's Board of Directors at the May 10, 2022 Board of Directors meeting. In conjunction with this appointment effective May 10, 2022, the Board of Directors increased the number of directors from eight to nine. "On behalf of Werner and its Board of Directors, I am excited to welcome Michelle to our team," said Derek Leathers, Werner's Chairman, President and CEO. "Michelle's extensive supply chain and transportation experience, along with her proven success leading environmental a
WILSONVILLE, Ore., Oct. 20, 2021 (GLOBE NEWSWIRE) -- ESS Tech, Inc. (NYSE:GWH) ("ESS" or "ESS Inc."), a U.S. manufacturer of long-duration batteries for commercial and utility-scale energy storage applications, announces the appointment of Alexi Wellman to the company's Board of Directors, effective October 12, 2021. She will also serve as Chair of the ESS Board Audit Committee. Ms. Wellman has been the Chief Financial Officer of Altaba, Inc. since June 2017. She was Vice President, Finance and ultimately Vice President, Global Controller of Yahoo Inc. from November 2013 to June 2017 and Chief Financial Officer of Nebraska Book Company from December 2011 to June 2013. Prior to her emplo