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Wabash National Corporation Announces Quarterly Dividend

11/18/2021 | 04:31pm EST

LAFAYETTE, Ind., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Wabash National Corporation (NYSE:WNC) today announced that its board of directors declared a regular quarterly dividend of $0.08 per share of the company’s common stock, payable on January 27, 2022, to stockholders of record on January 6, 2022.

About Wabash National Corporation
As the innovation leader of engineered solutions for the transportation, logistics and distribution industries, Wabash National Corporation (NYSE:WNC) is Changing How the World Reaches You™. Headquartered in Lafayette, Indiana, the company’s mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from first to final mile. Wabash National designs and manufactures a diverse range of products, including: dry freight and refrigerated trailers, platform trailers, liquid tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. Its innovative products are sold under the following brand names: Wabash National®, Benson®, Brenner® Tank, Bulk Tank International, DuraPlate®, Supreme®, Transcraft®, Walker Engineered Products, and Walker Transport. Learn more at www.wabashnational.com.

Safe Harbor Statement
This press release contains certain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements convey the Company’s current expectations or forecasts of future events. All statements contained in this press release other than statements of historical fact are forward-looking statements. These forward-looking statements include, among other things, all statements regarding the Company’s outlook for trailer and truck body shipments, backlog, expectations regarding demand levels for trailers, truck bodies, non-trailer equipment and our other diversified product offerings, pricing, profitability and earnings, cash flow and liquidity, opportunity to capture higher margin sales, new product innovations, our growth and diversification strategies, our expectations for improved financial performance during the course of the year and our expectations with regards to capital allocation. These and the Company’s other forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Without limitation, these risks and uncertainties include the continued integration of Supreme into the Company’s business, adverse reactions to the transaction by customers, suppliers or strategic partners, uncertain economic conditions including the possibility that customer demand may not meet our expectations, increased competition, reliance on certain customers and corporate partnerships, risks of customer pick-up delays, shortages and costs of raw materials including the impact of tariffs or other international trade developments, risks in implementing and sustaining improvements in the Company’s manufacturing operations and cost containment, dependence on industry trends and timing, supplier constraints, labor costs and availability, customer acceptance of and reactions to pricing changes and costs of indebtedness. Readers should review and consider the various disclosures made by the Company in this press release and in the Company’s reports to its stockholders and periodic reports on Forms 10-K and 10-Q.

Media Contact:
Dana Stelsel
Director, Corporate Communications
(765) 771-5766

Investor Relations:
Ryan Reed
Director, Investor Relations
(765) 490-5664

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Analyst Recommendations on WABASH NATIONAL CORPORATION
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Financials (USD)
Sales 2021 1 863 M - -
Net income 2021 35,7 M - -
Net Debt 2021 - - -
P/E ratio 2021 35,0x
Yield 2021 -
Capitalization 975 M 975 M -
Capi. / Sales 2021 0,52x
Capi. / Sales 2022 0,43x
Nbr of Employees 5 800
Free-Float -
Duration : Period :
Wabash National Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends WABASH NATIONAL CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 19,71 $
Average target price 22,25 $
Spread / Average Target 12,9%
EPS Revisions
Managers and Directors
Brent L. Yeagy President, Chief Executive Officer, & Director
Michael N. Pettit Chief Financial Officer & Senior Vice President
Larry J. Magee Chairman
Scott K. Sorensen Independent Director
John E. Kunz Independent Director
Sector and Competitors