Annuncio • May 16
Werner Enterprises Announces Quarterly Dividend, Payable on July 22, 2026 Werner Enterprises, Inc. announced 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 July 22, 2026, to stockholders of record at the close of business on July 6, 2026. Annuncio • Apr 01
Werner Enterprises, Inc., Annual General Meeting, May 12, 2026 Werner Enterprises, Inc., Annual General Meeting, May 12, 2026. Location: embassy suites omaha-la vista hotel, 12520 westport parkway, la vista, United States Annuncio • Mar 27
Werner Enterprises, Inc. to Report Q1, 2026 Results on Apr 28, 2026 Werner Enterprises, Inc. announced that they will report Q1, 2026 results After-Market on Apr 28, 2026 Annuncio • Feb 20
Werner Enterprises, Inc. Announces Quarterly Dividend, Payable on May 6, 2026 Werner Enterprises, Inc. announced 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 6, 2026, to stockholders of record at the close of business on April 13, 2026. Annuncio • Jan 29
Werner Enterprises, Inc. (NasdaqGS:WERN) acquired Firstfleet, Inc. for approximately $250 million. Werner Enterprises, Inc. (NasdaqGS:WERN) acquired Firstfleet, Inc. for approximately $250 million on January 27, 2026. A cash consideration of $210 million will be paid by Werner Enterprises, Inc. Werner Enterprises, Inc. will pay an earnout/contingent payment of $35 million cash. As part of consideration, $245 million is paid towards common equity of Firstfleet, Inc. . Under a separate agreement, the Company also acquired real estate properties from FirstFleet for $37.8 million. The Company funded these transactions using cash on hand and its existing revolving credit facility, in addition to assuming certain capital leases. With more than $615 million in annual revenues and consistent operating income margins, FirstFleet is expected to be immediately accretive to Werner’s EPS, with even greater earnings uplift expected within the first two years as approximately $18 million in annual synergies are realized. With FirstFleet’s strong track record of cash flow conversion, Werner also expects the transaction to increase free cash flow. FirstFleet will operate as a business unit within Werner’s TTS segment.
Werner plans to retain the majority of FirstFleet’s management and maintain its headquarters in Murfreesboro.
Wofford Advisors LLC served as exclusive strategic advisor to Werner and Koley Jessen P.C., L.L.O. served as legal counsel. While the company utilized existing revolver capacity as financing, Wells Fargo Securities and TD Securities provided financial advisory support to Werner. Raymond James & Associates, Inc. served as lead financial advisor to FirstFleet, with Brentwood Capital Advisors LLC serving as financial advisor. Scudder Law Firm P.C., L.L.O. served as legal advisor to FirstFleet.
Werner Enterprises, Inc. (NasdaqGS:WERN) completed the acquisition of Firstfleet, Inc. on January 27, 2026. Annuncio • Dec 31
Werner Enterprises, Inc. to Report Q4, 2025 Results on Feb 05, 2026 Werner Enterprises, Inc. announced that they will report Q4, 2025 results After-Market on Feb 05, 2026 Annuncio • Nov 18
Werner Enterprises, Inc. Announces Quarterly Dividend, Payable on January 21, 2026 Werner Enterprises, Inc. announced 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 January 21, 2026, to stockholders of record at the close of business on January 5, 2026. Annuncio • Oct 22
Werner Enterprises, Inc. Reaches an Agreement with the Plaintiffs in the Consolidated Class Action Lawsuits Werner Enterprises, Inc. has reached an agreement with the plaintiffs in the consolidated class action lawsuits entitled Abarca et al. v. Werner that are pending in the United States District Court for the District of Nebraska, to settle these cases for a combined $18 million after more than a decade of litigation. The settlement is subject to court approval. The cases involved a variety of allegations brought by a small group of drivers that were eventually converted into a class action with tens of thousands of class members, covering the years 2010 to 2023. Annuncio • Sep 26
Werner Enterprises, Inc. to Report Q3, 2025 Results on Oct 30, 2025 Werner Enterprises, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Annuncio • Aug 12
Werner Enterprises, Inc. Declares Regular Quarterly Cash Dividend, Payable on October 22, 2025 Werner Enterprises, Inc. declared a regular quarterly cash dividend of $0.14 (fourteen cents) per common share. This dividend will be paid on October 22, 2025 to stockholders of record at the close of business on October 6, 2025. Annuncio • Jun 28
Texas Supreme Court Reverses $90 Million Judgment Against Werner Enterprises, Inc Werner Enterprises, Inc. announced the Texas Supreme Court has ruled in Werner’s favor in reversing and dismissing the landmark $90 million truck accident verdict from 2018. The case centered on a tragic 2014 accident in Texas, where a vehicle traveling in the opposite direction on a divided interstate highway lost control, crossed a median and struck a Werner tractor-trailer. Plaintiffs alleged Werner and its driver were at fault, despite the fact that Werner’s driver was traveling well below the posted speed limit, remained in his lane of traffic for the entirety of the incident and was braking before impact, but without sufficient time to avoid collision. The company has asserted from the beginning that the accident was non-preventable and that its driver acted appropriately. Werner appealed the original 2018 verdict and, after more than seven years of appeals, the Texas Supreme Court has now reversed the decision and fully dismissed the lawsuit. The Texas Supreme Court ruled that Werner and its driver were ‘a mere happenstance of place and time,’ and that ‘the sole proximate cause of this accident and these injuries (the sole substantial factor to which the law permits assignment of liability) was the sudden, unexpected hurtling of the victims' vehicle into oncoming highway traffic, for which Werner and its driver bore no responsibility. Annuncio • Jun 27
Werner Enterprises, Inc. to Report Q2, 2025 Results on Jul 29, 2025 Werner Enterprises, Inc. announced that they will report Q2, 2025 results After-Market on Jul 29, 2025 Annuncio • May 22
Werner Enterprises, Inc. Declares Regular Quarterly Cash Dividend, Payable on July 23, 2025 Werner Enterprises, Inc. announced 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 July 23, 2025, to stockholders of record at the close of business on July 7, 2025. Annuncio • May 16
Werner Enterprises, Inc. Appoints M. Gayle Packer to the Board and to the Board's Audit Committee and Environmental Social and Governance (ESG) Committee Werner Enterprises, Inc. appointed M. Gayle Packer to the Board to fill a Class III directorship vacancy. Ms. Packer will serve as a member of the Board's Audit Committee and Environmental Social and Governance (ESG) Committee. Packer currently serves as President and CEO of Terracon Consultants Inc. (“Terracon”), an employee-owned engineering consulting firm specializing in environmental, geotechnical, facilities and materials services. Terracon, celebrating its 60th anniversary this year, operates more than 180 locations nationwide and employs more than 7,000 associates. Before joining Terracon, Packer practiced law as a corporate tax and employee benefits attorney and holds a Master of Laws degree. In addition to her role at Terracon, she serves on the boards of VHB Inc. (a leading civil engineering and design firm with expertise in transportation infrastructure), the Greater Kansas City Community Foundation, the Greater Kansas City Chamber of Commerce and the Construction Industry Round Table. She also serves on the board executive committee of the ACE Mentor Program of America, which introduces youth to careers in architecture, construction and engineering, and on the executive committee of the Design Professionals Coalition of the American Council of Engineering Companies. Packer is a former board member of the ACEC Research Institute. Annuncio • Apr 03
Werner Enterprises, Inc., Annual General Meeting, May 13, 2025 Werner Enterprises, Inc., Annual General Meeting, May 13, 2025. Location: embassy suites omaha-la vista hotel & conference, 12520 westport parkway, la vista, United States Annuncio • Mar 28
Werner Enterprises, Inc. to Report Q1, 2025 Results on Apr 29, 2025 Werner Enterprises, Inc. announced that they will report Q1, 2025 results After-Market on Apr 29, 2025 Annuncio • Feb 20
Werner Enterprises, Inc. Declares Regular Quarterly Cash Dividend, Payable on May 7, 2025 Werner Enterprises, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.14 per common share. This dividend will be paid on May 7, 2025, to stockholders of record at the close of business on April 14, 2025. Annuncio • Dec 31
Werner Enterprises, Inc. to Report Q4, 2024 Results on Feb 06, 2025 Werner Enterprises, Inc. announced that they will report Q4, 2024 results After-Market on Feb 06, 2025 Annuncio • Nov 19
Werner Enterprises, Inc. Declare Quarterly Dividend, Payable on January 15, 2025 Werner Enterprises, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.14 per common share. This dividend will be paid on January 15, 2025, to stockholders of record at the close of business on January 2, 2025. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: US$0.11 (vs US$0.37 in 3Q 2023) Third quarter 2024 results: EPS: US$0.11 (down from US$0.37 in 3Q 2023). Revenue: US$745.7m (down 8.8% from 3Q 2023). Net income: US$6.57m (down 72% from 3Q 2023). Profit margin: 0.9% (down from 2.9% in 3Q 2023). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 30
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 07 October 2024. Payment date: 23 October 2024. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.5%). Annuncio • Sep 25
Werner Enterprises, Inc. to Report Q3, 2024 Results on Oct 29, 2024 Werner Enterprises, Inc. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024 Declared Dividend • Aug 19
Second quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 7th October 2024 Payment date: 23rd October 2024 Dividend yield will be 1.6%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 148% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Aug 13
Werner Enterprises Announces Quarterly Dividend, Payable on October 23, 2024 Werner Enterprises, Inc. announced 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. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$0.15 (vs US$0.47 in 2Q 2023) Second quarter 2024 results: EPS: US$0.15 (down from US$0.47 in 2Q 2023). Revenue: US$760.8m (down 6.2% from 2Q 2023). Net income: US$9.47m (down 68% from 2Q 2023). Profit margin: 1.2% (down from 3.7% in 2Q 2023). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Annuncio • Jun 25
Werner Enterprises, Inc. to Report Q2, 2024 Results on Jul 30, 2024 Werner Enterprises, Inc. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Upcoming Dividend • Jun 24
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 01 July 2024. Payment date: 17 July 2024. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.1%). Buy Or Sell Opportunity • May 24
Now 22% overvalued Over the last 90 days, the stock has fallen 10% to €34.20. The fair value is estimated to be €28.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 83% in the next 2 years. Declared Dividend • May 20
First quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 1st July 2024 Payment date: 17th July 2024 Dividend yield will be 1.5%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 38% over the next year, which should provide support to the dividend and adequate earnings cover. Annuncio • May 16
Werner Enterprises Announces Quarterly Dividend, Payable on July 17, 2024 The Board of Werner Enterprises, Inc. declared a regular quarterly cash dividend of $0.14 (fourteen cents) per common share. This dividend will be paid on July 17, 2024 to stockholders of record at the close of business on July 1, 2024. The Company has paid a quarterly cash dividend to its stockholders every quarter since July 1987. Buy Or Sell Opportunity • May 06
Now 21% overvalued Over the last 90 days, the stock has fallen 8.7% to €33.60. The fair value is estimated to be €27.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 6.8% in 2 years. Earnings are forecast to grow by 84% in the next 2 years. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: US$0.099 (vs US$0.56 in 1Q 2023) First quarter 2024 results: EPS: US$0.099 (down from US$0.56 in 1Q 2023). Revenue: US$769.1m (down 7.6% from 1Q 2023). Net income: US$6.31m (down 82% from 1Q 2023). Profit margin: 0.8% (down from 4.2% in 1Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 05
Upcoming dividend of US$0.14 per share Eligible shareholders must have bought the stock before 12 April 2024. Payment date: 01 May 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.5%). Annuncio • Apr 04
Werner Enterprises, Inc., Annual General Meeting, May 14, 2024 Werner Enterprises, Inc., Annual General Meeting, May 14, 2024, at 10:00 Central Standard Time. Location: the Embassy Suites Omaha-La Vista Hotel & Conference Center, 12520 Nebraska City United States Agenda: To consider Election of Directors; To approve an advisory resolution on executive compensation; To ratify the appointment of KPMG LLP as the independent registered public accounting firm for the year ending December 31, 2024. Annuncio • Mar 29
Werner Enterprises, Inc. to Report Q1, 2024 Results on Apr 30, 2024 Werner Enterprises, Inc. announced that they will report Q1, 2024 results After-Market on Apr 30, 2024 Declared Dividend • Mar 04
Fourth quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 12th April 2024 Payment date: 1st May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 56% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 07
Full year 2023 earnings released: EPS: US$1.76 (vs US$3.76 in FY 2022) Full year 2023 results: EPS: US$1.76 (down from US$3.76 in FY 2022). Revenue: US$3.28b (flat on FY 2022). Net income: US$112.4m (down 53% from FY 2022). Profit margin: 3.4% (down from 7.3% in FY 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Annuncio • Feb 07
Werner Enterprises, Inc. Provides Revenue Guidance for the Full Year 2024 Werner Enterprises, Inc. provided revenue guidance for the full year 2024. For the year, the company expects one-way truckload RPTM growth to be in the range of negative 6% to 3%. Annuncio • Jan 11
Werner Enterprises, Inc. Appoints Nathan J. Meisgeier as President Werner Enterprises, Inc. announced that, upon the recommendation of its Chairman and Chief Executive Officer, Derek J. Leathers, the Company’s Board of Directors unanimously appointed Nathan J. Meisgeier to serve as Werner’s President, effective January 5, 2024. Mr. Meisgeier will continue to hold the position of Werner’s Chief Legal Officer. Mr. Leathers will remain the Company’s Chairman and CEO. Mr. Meisgeier, 50, joined Werner in 2005. Most recently, Mr. Meisgeier has served as Executive Vice President and Chief Legal Officer. Mr. Meisgeier has been a key member of Werner’s executive team since 2016. Prior to joining Werner, from 1998 to 2005, Mr. Meisgeier was with the Kansas City-based law firm of Stinson, Mag & Fizzell. Mr. Meisgeier graduated cum laude from Harvard Law School, and he also holds degrees in Accounting and Economics from the University of Nebraska. Annuncio • Dec 28
Werner Enterprises, Inc. to Report Q4, 2023 Results on Feb 06, 2024 Werner Enterprises, Inc. announced that they will report Q4, 2023 results After-Market on Feb 06, 2024 Upcoming Dividend • Dec 22
Upcoming dividend of US$0.14 per share at 1.3% yield Eligible shareholders must have bought the stock before 29 December 2023. Payment date: 17 January 2024. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (3.5%). Annuncio • Nov 14
Werner Enterprises, Inc. Declares Regular Quarterly Cash Dividend, Payable on January 17, 2024 Werner Enterprises, Inc. announced 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 January 17, 2024, to stockholders of record at the close of business on January 2, 2024. Annuncio • Nov 07
Werner Enterprises, Inc. Announces Board Changes Werner Enterprises announced that Michelle D. Greene was appointed to the Company’s Board of Directors 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. Greene currently serves as the Executive Vice President, Chief Information Officer at Cardinal Health, located in Dublin, Ohio. In her role, Greene leads Global Technology and Business Services which is responsible for delivering innovative, reliable, and secure technology capabilities that enable Cardinal Health customers to thrive in a dynamic healthcare environment. She manages the teams charged with those collaborative functions including Digital and Commercial Technologies, Pharmaceutical and Medical Segment IT Service Delivery, Global Business Services, and Information Security. In addition to her day-to-day responsibilities at Cardinal Health, Greene actively sponsors the company’s STEM Initiative, co-sponsors BOLD, the Black and African American employee resource group, and is an executive advisor for the Black and African American Equity Cabinet. In the community, Greene serves on the board for Goodwill of Southeastern Wisconsin, serves as the Vice Chair for Goodwill Manufacturing, Inc. subsidiary, and is a member of the DE&I Committee. Additionally, she serves on the board for GreenPath Financial Wellness as Vice Chair and Chair of the Audit Committee. Greene is also on the board for Detroit Public Television (DPTV) and is a member of the HR and Comp Committee. Lastly, she is an active member of ITSMF (IT Senior Management Forum), Chief and Black Women on Boards. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: US$0.37 (vs US$0.87 in 3Q 2022) Third quarter 2023 results: EPS: US$0.37 (down from US$0.87 in 3Q 2022). Revenue: US$817.7m (down 1.2% from 3Q 2022). Net income: US$23.7m (down 57% from 3Q 2022). Profit margin: 2.9% (down from 6.7% in 3Q 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Annuncio • Sep 29
Werner Enterprises, Inc. to Report Q3, 2023 Results on Nov 01, 2023 Werner Enterprises, Inc. announced that they will report Q3, 2023 results After-Market on Nov 01, 2023 Upcoming Dividend • Sep 22
Upcoming dividend of US$0.14 per share at 1.4% yield Eligible shareholders must have bought the stock before 29 September 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (3.8%). Annuncio • Aug 31
Werner Announces New Visual Safety System Across its Climbing Portfolio Werner announced the introduction of an entirely new visual safety system across their product line, including Werner Step Ladders, LEANSAFE Ladders, Extension Ladders, andodium ladders. This new visual safety system was also recently recognized by Occupational Health & Safety (OHS) magazine as a winner in the "High Visibility" products category and will be recognized in the November/December issue of the publication. Werner products are used on jobsites by professionals who rely on the company's ladder innovations and accessories while working at height. The new design enhancements, rolling out now and through 2024, provide simple on-product safety cues that make it easier to choose the right ladder, use it correctly and communicate the importance of safety to everyone on the work site. Visual Colors and Easy-to-Understand Symbols: Promote Culture of Safety: Werner will use specific colors and symbols to help convey critical information about ladder application and usage to continue promoting safety on the worksite. Distinct colors and easy-to-understand symbols that have visual cues and meaning will help employers and employees stay safe. The new initiative will include standardized rail and label colors for duty ratings, high visibility yellow on ladder tops and bottoms, and an iconic product and safety labeling system for simpler, multi-lingual communication. This new visual safety system began rolling out in July 2023 and will continue through 2024. The four key pro-focused user enhancements will include: Duty Rating Rail Color and High-Impact Labeling: Standardized colors for clear and consistent duty ratings and larger more visible duty rating labels make it easy for users, safety directors and procurement teams to choose and identify the right ladder onsite and at purchase. The new duty rating color and labeling has been added to step and extension ladders. High Visibility Yellow on Ladder Caps, Tops and Feet: The use of yellow, a primary color that symbolizesca and visibility, is the brightest color in the spectrum and widely used for safety. In addition, high-visibility feet on step ladders draw peripheral vision to ladder feet to avoid kicks or trials. These visual cues signal safety across the jobsite. Universally Understanding Iconographic Product and Safety Labeling: New iconography provides simpler, multi-lingual Communication needs. Specific iconography was developed to provide a visual based system that would communicate to users who speak any language. These visual icons needed to be easy to see and digest, even at a glance. This new labeling system also links to additional materials as needed using QR codes for multi-language video access and other content for real-time training. Enhanced Ladder Top Designs for Step Ladders: New ladder tops on the 6200, 6300, and NXT series will solve unique tool storage solutions for fiberglass step ladders where professionals need it most. These ladder top enhancements include a patented holder for impact drivers, carabiner tether points to reduce dropped object injuries, lock in connection receivers for a wide range of accessories, and tool inserts for a wide variety of professionals' most used tools. These new design and communication changes are critical to creating and ensuring safe working environments. Werner climbing products and platforms will begin to transition in support of this new initiative, including hundreds of product models/SKU's. Because this is a rolling change and the model numbers are staying the same, there will be no disruption to customer orders during the transition period. New Risk • Aug 04
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.4% Last year net profit margin: 8.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (5.4% net profit margin). Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.47 (vs US$1.12 in 2Q 2022) Second quarter 2023 results: EPS: US$0.47 (down from US$1.12 in 2Q 2022). Revenue: US$811.1m (down 3.0% from 2Q 2022). Net income: US$29.9m (down 59% from 2Q 2022). Profit margin: 3.7% (down from 8.6% in 2Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 23
Werner Enterprises, Inc. to Report Q2, 2023 Results on Aug 03, 2023 Werner Enterprises, Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Upcoming Dividend • Jun 23
Upcoming dividend of US$0.14 per share at 1.3% yield Eligible shareholders must have bought the stock before 30 June 2023. Payment date: 19 July 2023. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.2%). Annuncio • May 12
Werner Enterprises, Inc. Declares Regular Quarterly Cash Dividend, Payable on July 19, 2023 Werner Enterprises, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.14 per common share, an 8% increase over the previous quarterly dividend rate of $0.13 per common share. This dividend will be paid on July 19, 2023, to stockholders of record at the close of business on July 3, 2023. Reported Earnings • May 04
First quarter 2023 earnings released: EPS: US$0.55 (vs US$0.82 in 1Q 2022) First quarter 2023 results: EPS: US$0.55 (down from US$0.82 in 1Q 2022). Revenue: US$832.7m (up 8.9% from 1Q 2022). Net income: US$35.2m (down 35% from 1Q 2022). Profit margin: 4.2% (down from 7.0% in 1Q 2022). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 08
Upcoming dividend of US$0.13 per share at 1.2% yield Eligible shareholders must have bought the stock before 14 April 2023. Payment date: 03 May 2023. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.0%). Reported Earnings • Feb 08
Full year 2022 earnings released: EPS: US$3.74 (vs US$3.84 in FY 2021) Full year 2022 results: EPS: US$3.74 (down from US$3.84 in FY 2021). Revenue: US$3.29b (up 20% from FY 2021). Net income: US$241.3m (down 6.9% from FY 2021). Profit margin: 7.3% (down from 9.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 08
Werner Enterprises, Inc. Provides Revenue Guidance for the Full Year 2023 Werner Enterprises, Inc. provided revenue guidance for the full year 2023. For the period, the company expects one-way truckload to be in the range of negative 3% to negative 6%, revenue per total mile (RPTM). Annuncio • Dec 29
Werner Enterprises, Inc. to Report Q4, 2022 Results on Feb 07, 2023 Werner Enterprises, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2023 Upcoming Dividend • Dec 23
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 30 December 2022. Payment date: 17 January 2023. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.4%). Annuncio • Nov 17
Werner Enterprises, Inc. Announces Quarterly Dividend, Payable on January 17, 2023 Werner Enterprises, Inc announced that its Board of Directors declared a regular quarterly cash dividend of $0.13 (thirteen cents) per common share. This dividend will be paid on January 17, 2023, to stockholders of record at the close of business on January 3, 2023. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Vikram Mansharamani was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Nov 09
Werner Enterprises, Inc. (NasdaqGS:WERN) entered into a definitive agreement to acquire ReedTMS Logistics. Werner Enterprises, Inc. (NasdaqGS:WERN) entered into a definitive agreement to acquire ReedTMS Logistics on November 7, 2022. ReedTMS revenues of $372 million for the 12 months ended September 30, 2022. ReedTMS will operate as a standalone business unit within Werner. Koley Jessen acted as a legal advisor to Werner Enterprises, Inc. and Akerman LLP acted as a legal advisor to ReedTMS Logistics. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: US$0.86 (vs US$0.94 in 3Q 2021) Third quarter 2022 results: EPS: US$0.86 (down from US$0.94 in 3Q 2021). Revenue: US$827.6m (up 18% from 3Q 2021). Net income: US$55.1m (down 14% from 3Q 2021). Profit margin: 6.7% (down from 9.1% in 3Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 7.7% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 04
Werner Enterprises, Inc. (NasdaqGS:WERN) acquired Baylor Trucking Inc. Werner Enterprises, Inc. (NasdaqGS:WERN) acquired Baylor Trucking Inc on October 1, 2022. Baylor achieved revenues of $81.5 million for the twelve months ended August 31, 2022. Baylor will operate as a standalone business unit within Werner, and their financial results will be reported in Werner’s One-Way Truckload unit within Truckload Transportation Services. Existing Baylor leadership including President Cari Baylor, drivers and non-driver associates will remain in place. Baylor brand will be retained. Koley Jessen P.C., L.L.O. served as legal counsel to Werner Enterprises. Ice Miller LLP served as legal counsel to Baylor Trucking.Werner Enterprises, Inc. (NasdaqGS:WERN) completed the acquisition of Baylor Trucking Inc on October 1, 2022. Annuncio • Sep 29
Werner Enterprises, Inc. to Report Q3, 2022 Results on Nov 02, 2022 Werner Enterprises, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 02, 2022 Upcoming Dividend • Sep 23
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 30 September 2022. Payment date: 18 October 2022. Payout ratio is a comfortable 12% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (5.5%). Annuncio • Sep 23
Werner Enterprises, Inc. Announces Executive Changes Effective December 31, 2022, Marty Nordlund, Werner Enterprises, Inc.'s (the "Company") Senior Executive Vice President and Chief Operating Officer, will be stepping down as the Company's chief operating officer. Mr. Nordlund joined the Company in 1994 and has held operational leadership roles for his entire career, including being promoted to Chief Operating Officer in May 2016. He will be assuming a new role focused on fostering and developing strong relationships with some of the Company's customers and will continue to oversee several other areas within the Company. Effective January 1, 2023, Eric Downing, 50, will be promoted to Executive Vice President and Chief Operating Officer. In his new role, Mr. Downing will have executive operating responsibility for the Company's trucking and logistics business units. Mr. Downing has been leading the Company's Dedicated division as its Senior Vice President since 2016. Under his leadership, the Dedicated division has grown its truck count by 40%, and its revenue has nearly doubled. Mr. Downing joined the Company in 1998 as a fleet coordinator. During his tenure with the Company, he has served in a variety of leadership roles, including the following positions: (i) Associate Vice President - Specialized Services in 2009; (ii) Vice President - Specialized Services in 2012; and (iii) Senior Vice President - Dedicated in 2016. Annuncio • Aug 10
Werner Enterprises Announces Quarterly Dividend, Payable on October 18, 2022 Werner Enterprises, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.13 (thirteen cents) per common share. This dividend will be paid on October 18, 2022, to stockholders of record at the close of business on October 3, 2022. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$1.12 (vs US$1.06 in 2Q 2021) Second quarter 2022 results: EPS: US$1.12 (up from US$1.06 in 2Q 2021). Revenue: US$836.3m (up 29% from 2Q 2021). Net income: US$72.3m (flat on 2Q 2021). Profit margin: 8.6% (down from 11% in 2Q 2021). Over the next year, revenue is forecast to grow 2.5%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 29
Werner Enterprises, Inc. Announces Recent Settlement of Motor Vehicle Accident Lawsuit Werner Enterprises, Inc. announced the recent $150 million settlement of a motor vehicle accident lawsuit in Texas. In May 2020, a passenger vehicle traveling on Interstate 30 near Sulphur Springs, Texas, stopped in the travel lane of the highway at approximately 5:00 a.m. Three adults walked away from the vehicle, leaving two children inside. Shortly thereafter, a Werner truck (traveling below the speed limit) struck the parked vehicle. The two children tragically died in the resulting collision. The investigating officers placed no fault on Werner or its driver, and one of the adults from the passenger vehicle was criminally charged in connection with the deaths of the children. The parents of the children subsequently filed a lawsuit against Werner and its driver. Out of respect for the family, Werner is not publicly disclosing the names of the individuals involved. Upcoming Dividend • Jun 24
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 01 July 2022. Payment date: 19 July 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (5.0%). Annuncio • Jun 24
Werner Enterprises, Inc. to Report Q2, 2022 Results on Aug 03, 2022 Werner Enterprises, Inc. announced that they will report Q2, 2022 results After-Market on Aug 03, 2022 Annuncio • May 14
Werner Enterprises Increases Quarterly Dividend, Payable on July 19, 2022 Werner Enterprises, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.13 (thirteen cents) per common share, an 8% increase over the previous quarterly dividend rate of $0.12 (twelve cents) per common share. This dividend will be paid on July 19, 2022, to stockholders of record at the close of business on July 5, 2022. Annuncio • May 13
Werner Enterprises Appoints Michelle D. Livingstone to Board of Directors Werner Enterprises 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. Livingstone’s addition to the company’s Board of Directors increases its female board representation to 44% and brings its blended gender and diversity rate to 56%. Livingstone will serve on the company’s Audit Committee, Nominating and Corporate Governance Committee, and ESG Committee. Livingstone served as Vice President - Transportation for The Home Depot in Atlanta from 2007-2021. During this time, she was a founding member of the Supply Chain Leadership Team and served on the Environmental Council to drive sustainability efforts. From 2005-2007, Livingstone was Senior Vice President – Transportation for C&S Wholesale Grocers in Keene, New Hampshire and was Vice President – Transportation for J.C. Penney of Plano, Texas from 2002-2005. Reported Earnings • May 04
First quarter 2022 earnings released: EPS: US$0.82 (vs US$0.68 in 1Q 2021) First quarter 2022 results: EPS: US$0.82 (up from US$0.68 in 1Q 2021). Revenue: US$764.6m (up 24% from 1Q 2021). Net income: US$53.7m (up 16% from 1Q 2021). Profit margin: 7.0% (down from 7.5% in 1Q 2021). Over the next year, revenue is forecast to grow 7.8%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Vikram Mansharamani was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 07
Upcoming dividend of US$0.12 per share Eligible shareholders must have bought the stock before 14 April 2022. Payment date: 03 May 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.9%). Lower than average of industry peers (5.4%). Annuncio • Apr 01
Werner Enterprises, Inc. to Report Q1, 2022 Results on May 03, 2022 Werner Enterprises, Inc. announced that they will report Q1, 2022 results After-Market on May 03, 2022 Buying Opportunity • Mar 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 3.9%. The fair value is estimated to be US$49.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 15% per annum over the last 3 years. Annuncio • Mar 10
Werner Enterprises, Inc. Announces Quarterly Cash Dividend Payable on May 3, 2022 Werner Enterprises, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.12 (twelve cents). This dividend will be paid on May 3, 2022, to stockholders of record at the close of business on April 18, 2022. Annuncio • Feb 13
Werner Enterprises, Inc. Announces Retirement of Gerald H. Timmerman from the Board of Directors Werner Enterprises, Inc. announced Mr. Gerald H. Timmerman, director, gave notice of his decision to retire from the board of directors of Werner Enterprises, Inc. effective February 9, 2022. Mr. Timmerman's decision to retire does not relate to any disagreement with the company on any matter relating to the company's operations, policies, or practices. As a result, the size of the board of directors decreased from nine members to eight members on February 9, 2022. The company's by-laws require not less than seven nor more than nine directors. Annuncio • Feb 04
Werner Enterprises, Inc. Provides Revenue Guidance for the First Half of 2022 Werner Enterprises, Inc. provided revenue guidance for the first half of 2022. For the period, the company expects one-way truckload to be in the range of 16% to 19%, revenue per total mile (RPTM). Reported Earnings • Feb 04
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$3.82 (up from US$2.45 in FY 2020). Revenue: US$2.73b (up 15% from FY 2020). Net income: US$259.1m (up 53% from FY 2020). Profit margin: 9.5% (up from 7.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 7.9%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 24
Upcoming dividend of US$0.12 per share Eligible shareholders must have bought the stock before 31 December 2021. Payment date: 18 January 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (4.3%). Annuncio • Nov 30
Werner Enterprises, Inc. (NasdaqGS:WERN) acquired NEHDS Logistics LLC for $64 million. Werner Enterprises, Inc. (NasdaqGS:WERN) acquired NEHDS Logistics LLC for $64 million on November 22, 2021. The purchase price for 100% of the equity of NEHDS is $64 million, with $60 million in cash at closing and a $4 million earn-out. Werner financed the transaction through a combination of cash on hand and existing credit facilities. NEHDS' Founder and President, Gerry Burdo, and his leadership team will remain in place, along with the talented NEHDS team of drivers, contractors and non-driver associates. Werner will rebrand NEHDS into Werner Final Mile. NEHDS is expected to be accretive to Werner’s earnings per share in 2022. Koley Jessen acted as legal advisor to Werner Enterprises, Inc. Eckert Seamans Cherin & Mellott, LLC acted as legal advisor to NEHDS Logistics LLC.
Werner Enterprises, Inc. (NasdaqGS:WERN) completed the acquisition of NEHDS Logistics LLC on November 22, 2021. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS US$0.94 (vs US$0.67 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$702.9m (up 19% from 3Q 2020). Net income: US$63.8m (up 38% from 3Q 2020). Profit margin: 9.1% (up from 7.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 24
Upcoming dividend of US$0.12 per share Eligible shareholders must have bought the stock before 01 October 2021. Payment date: 19 October 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.1%). Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS US$1.06 (vs US$0.57 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$649.8m (up 14% from 2Q 2020). Net income: US$72.0m (up 84% from 2Q 2020). Profit margin: 11% (up from 6.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annuncio • Jul 03
Werner Enterprises, Inc. (NasdaqGS:WERN) acquired 80% stake in ECM Transport, LLC for approximately $140 million. Werner Enterprises, Inc. (NasdaqGS:WERN) acquired 80% stake in ECM Transport, LLC for approximately $140 million on July 1, 2021. Werner Enterprises, Inc. retains an exclusive option to buy the remaining 20% of ECM Transport LLC after a period of five years. The remaining 20% ownership interest in ECM Transport Group will be retained by Ed Meier, founder and President of ECM Transport, LLC. Werner Enterprises, Inc. financed the transaction through a combination of cash on hand, existing credit facilities and a new $100 million fixed-rate term loan maturing in May 2024 with BMO Harris Bank N.A. For year 2020, ECM Transport, LLC has reported revenues of $108 million. The transaction is expected to be accretive in year one. Koley Jessen P.C., L.L.O. served as legal counsel to Werner Enterprises. Saul Ewing Arnstein & Lehr LLP served as counsel to ECM Transport LLC.
Werner Enterprises, Inc. (NasdaqGS:WERN) completed the acquisition of 80% stake in ECM Transport, LLC on July 1, 2021. Upcoming Dividend • Jun 25
Upcoming dividend of US$0.12 per share Eligible shareholders must have bought the stock before 02 July 2021. Payment date: 20 July 2021. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (5.6%). Executive Departure • May 21
Independent Director has left the company On the 11th of May, Michael Gallagher's tenure as Independent Director ended after 3.7 years in the role. As of March 2021, Michael personally held 2.65k shares (€108k worth at the time). A total of 3 executives have left over the last 12 months. Executive Departure • May 19
Independent Director has left the company On the 11th of May, Patrick Jung's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Patrick's name. A total of 2 executives have left over the last 12 months. Annuncio • May 13
Werner Enterprises Increases Quarterly Dividend, Payable on July 20, 2021 Werner Enterprises, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.12 (twelve cents) per common share, a 20% increase over the previous quarterly dividend rate of $0.10 (ten cents) per common share. This dividend will be paid on July 20, 2021, to stockholders of record at the close of business on July 6, 2021. Reported Earnings • May 01
First quarter 2021 earnings released: EPS US$0.68 (vs US$0.33 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$616.4m (up 4.0% from 1Q 2020). Net income: US$46.5m (up 102% from 1Q 2020). Profit margin: 7.5% (up from 3.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 09
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 16 April 2021. Payment date: 04 May 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (5.3%). Recent Insider Transactions • Mar 17
Insider recently sold €242k worth of stock On the 12th of March, Jim Schelble sold around 6k shares on-market at roughly €39.59 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months. Is New 90 Day High Low • Mar 03
New 90-day high: €37.00 The company is up 13% from its price of €32.80 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.61 per share. Reported Earnings • Feb 26
Full year 2020 earnings released: EPS US$2.45 (vs US$2.40 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$2.37b (down 3.7% from FY 2019). Net income: US$169.1m (up 1.3% from FY 2019). Profit margin: 7.1% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.