werner enterprises, inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout the united states, canada, mexico, asia, europe and south america. werner maintains its global headquarters in omaha, nebraska and maintains offices throughout north america and china. werner is among the five largest truckload carriers in the united states, with a diversified portfolio of transportation services that includes dedicated, medium-to-long-haul, regional and local van capacity, expedited, temperature-controlled and flatbed services. werner's value added services portfolio includes freight management, truck brokerage, intermodal, load/mode and network optimization and freight forwarding. werner, through its subsidiary companies, is a licensed u.s. nvocc, u.s. customs broker, licensed freight forwarder in china, licensed china nvocc, tsa-approved indirect air carrier and iata accredited cargo agent.
Company profile
Ticker
WERN
Exchange
Website
CEO
Derek Leathers
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Gra-Gar, LLC • Werner Management, Inc. • Fleet Truck Sales, Inc. • Werner Global Logistics, Inc. • Werner Transportation, Inc. • Werner de Mexico • Werner Enterprises Canada Corporation • Werner Leasing de Mexico • Werner Global Logistics U.S., LLC • Werner Global Logistics (Barbados), SRL ...
IRS number
470648386
WERN stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
3 Apr 24
DEF 14A
Definitive proxy
3 Apr 24
ARS
2023 FY
Annual report to shareholders
2 Apr 24
8-K/A
Departure of Directors or Certain Officers
7 Mar 24
8-K
Departure of Directors or Certain Officers
1 Mar 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Departure of Directors or Certain Officers
15 Feb 24
8-K
Werner Enterprises Reports Fourth Quarter and Annual 2023 Results
6 Feb 24
8-K
Werner Enterprises to Participate In Three Investment Conferences
5 Feb 24
8-K
Werner Enterprises Names Nathan Meisgeier As President
10 Jan 24
Transcripts
WERN
Earnings call transcript
2023 Q4
6 Feb 24
WERN
Earnings call transcript
2023 Q3
1 Nov 23
WERN
Earnings call transcript
2023 Q2
3 Aug 23
WERN
Earnings call transcript
2023 Q1
3 May 23
WERN
Earnings call transcript
2022 Q4
7 Feb 23
WERN
Earnings call transcript
2022 Q3
2 Nov 22
WERN
Earnings call transcript
2022 Q2
7 Aug 22
WERN
Earnings call transcript
2022 Q2
3 Aug 22
WERN
Earnings call transcript
2022 Q1
4 May 22
WERN
Earnings call transcript
2021 Q4
4 Feb 22
Latest ownership filings
4
ALEXI WELLMAN
8 Mar 24
4
Daragh P Mahon
27 Feb 24
4
NATHAN J MEISGEIER
27 Feb 24
4
JAMES LYNN JOHNSON
27 Feb 24
4
DEREK J LEATHERS
27 Feb 24
4
JIM S SCHELBLE
27 Feb 24
4
CRAIG T CALLAHAN
27 Feb 24
4
ERIC J DOWNING
27 Feb 24
SC 13G/A
MACQUARIE GROUP LTD
14 Feb 24
SC 13G/A
WERNER GREGORY L
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 42.75 mm | 42.75 mm | 42.75 mm | 42.75 mm | 42.75 mm | 42.75 mm |
Cash burn (monthly) | 1.25 mm | 6.91 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 8.59 mm | 47.51 mm | n/a | n/a | n/a | n/a |
Cash remaining | 34.17 mm | -4.75 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 27.3 | -0.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
83.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 249 |
Opened positions | 30 |
Closed positions | 42 |
Increased positions | 113 |
Reduced positions | 78 |
13F shares | Current |
---|---|
Total value | 2.05 tn |
Total shares | 52.99 mm |
Total puts | 225.50 k |
Total calls | 16.00 k |
Total put/call ratio | 14.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 8.02 mm | $312.38 bn |
Vanguard | 5.85 mm | $228.05 bn |
MCQEF Macquarie | 4.48 mm | $174.52 bn |
Dimensional Fund Advisors | 3.78 mm | $147.13 bn |
Victory Capital Management | 3.69 mm | $143.79 bn |
STT State Street | 2.33 mm | $91.13 bn |
Nuance Investments | 1.46 mm | $56.70 bn |
Geode Capital Management | 1.37 mm | $53.48 bn |
Allspring Global Investments | 1.27 mm | $49.45 bn |
Captrust Financial Advisors | 1.10 mm | $42.92 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Mar 24 | Wellman Alexi | Common Stock | Buy | Acquire P | No | No | 38 | 100 | 3.80 k | 6,493 |
23 Feb 24 | Daragh P Mahon | Common Stock | Payment of exercise | Dispose F | No | No | 40.72 | 598 | 24.35 k | 19,985.502 |
23 Feb 24 | Nathan J Meisgeier | Common Stock | Payment of exercise | Dispose F | No | No | 40.72 | 433 | 17.63 k | 50,740.555 |
23 Feb 24 | Johnson James LYNN | Common Stock | Payment of exercise | Dispose F | No | No | 40.72 | 684 | 27.85 k | 95,070.726 |
23 Feb 24 | Derek J Leathers | Common Stock | Payment of exercise | Dispose F | No | No | 40.72 | 6,161 | 250.88 k | 451,716.014 |
News
B of A Securities Maintains Underperform on Werner Enterprises, Lowers Price Target to $34
15 Apr 24
Susquehanna Maintains Neutral on Werner Enterprises, Lowers Price Target to $35
26 Mar 24
Susquehanna Maintains Neutral on Werner Enterprises, Lowers Price Target to $35
25 Mar 24
Stifel Downgrades Werner Enterprises to Hold, Lowers Price Target to $42
8 Feb 24
Morgan Stanley Maintains Overweight on Werner Enterprises, Lowers Price Target to $59
7 Feb 24
Press releases
Werner® Earns Recognition on Forbes' America's Best Large Employers 2024 List
25 Apr 24
Werner® Honored as a 2024 VETS Indexes 5 Star Employer
15 Apr 24
Werner Enterprises Professional Drivers, Gina and Steve Jones, Honored With 2024 TA Citizen Driver Award
29 Mar 24
Supply & Demand Chain Executive Names Two Werner Associates as 2024 Pros to Know Award Winners
15 Mar 24
Werner Enterprises Reports Fourth Quarter and Annual 2023 Results
6 Feb 24