Wabash National (NYSE:WNC) Updates FY 2025 Earnings Guidance

Wabash National (NYSE:WNC) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.850-1.050 for the period, compared to the consensus earnings per share estimate of 1.240. The company issued revenue guidance of $1.9 billion-$2.1 billion, compared to the consensus revenue estimate of $1.9 billion.

Wabash National Stock Performance

Shares of Wabash National stock opened at $15.62 on Wednesday. Wabash National has a 12-month low of $15.11 and a 12-month high of $30.07. The company has a quick ratio of 1.12, a current ratio of 1.88 and a debt-to-equity ratio of 1.97. The stock has a 50 day moving average price of $17.76 and a two-hundred day moving average price of $18.77.

Wabash National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 30th. Investors of record on Friday, January 10th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.05%. The ex-dividend date of this dividend is Friday, January 10th. Wabash National’s payout ratio is currently -5.89%.

Insider Buying and Selling

In other Wabash National news, SVP Michael N. Pettit sold 1,500 shares of the company’s stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $17.19, for a total transaction of $25,785.00. Following the sale, the senior vice president now directly owns 117,227 shares of the company’s stock, valued at approximately $2,015,132.13. This represents a 1.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.78% of the stock is owned by company insiders.

About Wabash National

Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products.