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 |
|---|---|---|---|
| 10/30/2024 | $40.00 → $41.00 | Buy | TD Cowen |
| 10/9/2024 | $34.00 | Sell | Citigroup |
| 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 |
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, is honored to be named among the 2024 "Top Companies for Women to Work for in Transportation" by the Women in Trucking (WIT) Association's Redefining the Road magazine. Werner has earned this recognition in all seven years it has been awarded. WIT's Top Companies for Women to Work for in Transportation award evaluates companies based on a comprehensive survey assessing recruitment approaches, workplace culture, retention efforts and professional development opportunities. Werner was recognized for its dedication to creating a diverse and inclusive workplace where women receive the support they need to
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, proudly announces Adam Cassidy, director of safety, was selected as a 2024 recipient of Heavy Duty Trucking's Emerging Leaders award. Cassidy plays a pivotal role in driving the company's safety initiatives and innovation. Under his leadership, Werner has achieved record-breaking safety milestones, including the lowest DOT preventable accident rate per million miles in 2023. Adam is responsible for overseeing key projects like the implementation of Samsara and backing cameras, as well as piloting new safety technologies, such as fatigue management systems, to enhance vehicle monitoring and accident pre
Third Quarter 2024 Highlights (all metrics compared to third quarter 2023) Total revenues of $745.7 million, down 9% Operating income of $17.6 million, down 54%; non-GAAP adjusted operating income of $21.6 million, down 48% Operating margin of 2.4%, down 220 basis points; non-GAAP adjusted operating margin of 2.9%, down 220 basis points Diluted EPS of $0.11, down 72%; non-GAAP adjusted diluted EPS of $0.15, down 64% Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, today reported results for the third quarter ended September 30, 2024. "Freight conditions remained challenging while tightening late in the quarter from hurricane related supply
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, announced participation in the following investment conferences. Stephens Annual Investment Conference: Tuesday, November 19, 2024, in Nashville, Tennessee, including investor meetings. Fireside chat presentation from 1:00 p.m. to 1:45 p.m. CT. Speakers: Nathan J. Meisgeier, President and Chief Legal Officer, Christopher D. Wikoff, Executive Vice President, Treasurer and Chief Financial Officer, and Craig T. Callahan, Executive Vice President and Chief Commercial Officer. UBS Global Industrials and Transportation Conference: Wednesday, December 4, 2024, in Manalapan, Florida, a series of investor meet
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, proudly announces its recognition as a 2024 "Top Food Chain Provider" by Food Chain Digest, the official magazine of Food Shippers of America (FSA). This prestigious honor marks the third consecutive year Werner has been named to this elite list of 25, which highlights third-party logistics companies (3PLs), freight brokers, motor carriers, rail/intermodal and maritime companies excelling in capabilities and service to food shippers. "Being recognized as a Top Food Chain Provider for three consecutive years is a remarkable achievement for Werner," said Werner's Executive Vice President and Chief Commer
Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, is proud to announce it has been recognized with the National Award for Outstanding Large Employer of Veterans by the American Legion. Established in 1969, the Veterans Employment and Education Commission's Employer Awards Program honors companies demonstrating exceptional commitment to hiring and supporting veteran employees. With approximately 20% of its workforce as veterans, Werner offers uniquely designed programs and benefits tailored toward the military community. "We are deeply honored to receive this prestigious award," said Greg Hamm, vice president of Field and Government Recruiting. "We a
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
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.
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)
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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SC 13G/A - WERNER ENTERPRISES INC (0000793074) (Subject)
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8-K - WERNER ENTERPRISES INC (0000793074) (Filer)
8-K - WERNER ENTERPRISES INC (0000793074) (Filer)
10-Q - WERNER ENTERPRISES INC (0000793074) (Filer)
8-K - WERNER ENTERPRISES INC (0000793074) (Filer)
8-K - WERNER ENTERPRISES INC (0000793074) (Filer)
8-K - WERNER ENTERPRISES INC (0000793074) (Filer)
8-K - WERNER ENTERPRISES INC (0000793074) (Filer)
8-K - WERNER ENTERPRISES INC (0000793074) (Filer)
10-Q - WERNER ENTERPRISES INC (0000793074) (Filer)
8-K - WERNER ENTERPRISES INC (0000793074) (Filer)
TD Cowen reiterated coverage of Werner Enterprises with a rating of Buy and set a new price target of $41.00 from $40.00 previously
Citigroup initiated coverage of Werner Enterprises with a rating of Sell and set a new price target of $34.00
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
Third Quarter 2024 Highlights (all metrics compared to third quarter 2023) Total revenues of $745.7 million, down 9% Operating income of $17.6 million, down 54%; non-GAAP adjusted operating income of $21.6 million, down 48% Operating margin of 2.4%, down 220 basis points; non-GAAP adjusted operating margin of 2.9%, down 220 basis points Diluted EPS of $0.11, down 72%; non-GAAP adjusted diluted EPS of $0.15, down 64% Werner Enterprises, Inc. (NASDAQ:WERN), a premier transportation and logistics provider, today reported results for the third quarter ended September 30, 2024. "Freight conditions remained challenging while tightening late in the quarter from hurricane related supply
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;
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