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Wabash National Corporation (WNC)

Industrials | Farm & Heavy Construction Machinery | Lafayette, United States | NYSE
13.33 USD +0.11 (0.832%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 13.15 -0.18 (-0.180%) ⇩ (Aug. 28, 2026, 5:05 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 1:40 a.m. EDT

The long-term investment case is severely compromised by deteriorating fundamentals. The company is currently generating negative operating margins and negative free cash flow, while revenue has contracted significantly. Although the stock trades at a low price-to-book ratio, this reflects the market's recognition of the business's inability to generate sustainable earnings, making it a value trap rather than a bargain. The dividend, while seemingly cheap at 2.7%, is paid from negative operating cash flow, which is unsustainable and poses a risk to future payouts. In the short term, the stock faces headwinds from weak momentum and defensive positioning by traders who are betting against further declines. The recent price action shows some minor recovery, but the underlying operational decline suggests this is likely a temporary bounce rather than a trend reversal.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.308443
AutoETS0.318332
AutoARIMA0.318334
AutoTheta0.340429

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 43%
H-stat 0.81
Ljung-Box p 0.000
Jarque-Bera p 0.168
Excess Kurtosis 0.71
Attribute Value
Sector Industrials
Ex Dividend Date 2026-10-07
Last Dividend Date 2026-07-01
Debt to Equity Ratio 185.505
Revenue per Share 34.882
Market Cap 543,026,496
Forward P/E 10.88
Beta 1.43
Profit Margins -5.48%
Website https://onewabash.com

As of Aug. 22, 2026, 1:40 a.m. EDT: Speculators are positioning defensively with heavy put volume relative to call volume, particularly at-the-money and slightly out-of-the-money strikes. While there is some call activity at the $15 strike, the overwhelming open interest in deep out-of-the-money puts suggests a fear of further downside rather than a bullish breakout. Implied volatility is elevated on the downside side, indicating the market prices in significant potential losses.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.60% 3.17% 2.31% 2.12%
Dividend History
Date Dividend Yield %
2026-07-02 0.080000 0.603318
2026-04-02 0.080000 0.943396
2026-01-08 0.080000 0.792079
2025-10-02 0.080000 0.835073
2025-07-03 0.080000 0.696258
2025-04-03 0.080000 0.779727
2025-01-10 0.080000 0.485732
2024-10-10 0.080000 0.440771
2024-07-03 0.080000 0.366300
2024-04-03 0.080000 0.285510
2024-01-03 0.080000 0.330442
2023-10-04 0.080000 0.374357
2023-07-05 0.080000 0.341880
2023-04-05 0.080000 0.355872
2023-01-04 0.080000 0.344976
2022-10-05 0.080000 0.479616
2022-07-06 0.080000 0.600150
2022-04-06 0.080000 0.620636
2022-01-05 0.080000 0.388350
2021-10-06 0.080000 0.515796
2021-07-07 0.080000 0.568990
2021-04-07 0.080000 0.432432
2021-01-06 0.080000 0.431267
2020-09-30 0.080000 0.668896
2020-07-01 0.080000 0.812183
2020-04-01 0.080000 1.221374
2019-12-31 0.080000 0.544588
2019-10-02 0.080000 0.590842
2019-07-02 0.080000 0.506009
2019-04-03 0.080000 0.577617
2019-01-02 0.080000 0.606980
2018-10-03 0.075000 0.415743
2018-07-03 0.075000 0.397246
2018-04-04 0.075000 0.365319
2018-01-03 0.075000 0.352113
2017-10-04 0.060000 0.262467
2017-07-03 0.060000 0.270514
2017-04-04 0.060000 0.295276
2017-01-03 0.060000 0.370142
2008-09-26 0.045000 0.491803
2008-06-24 0.045000 0.519031
2008-03-05 0.045000 0.536993
2007-12-19 0.045000 0.571066
2007-09-26 0.045000 0.371594
2007-06-22 0.045000 0.308854
2007-03-07 0.045000 0.290510
2006-12-15 0.045000 0.301205
2006-09-25 0.045000 0.336826
2006-06-16 0.045000 0.279503
2006-03-07 0.045000 0.236842
2005-12-15 0.045000 0.237844
2005-09-20 0.045000 0.227273
2005-06-15 0.045000 0.178288
2005-03-15 0.045000 0.167286
2001-10-11 0.010000 0.122249
2001-07-11 0.040000 0.343348
2001-04-10 0.040000 0.355556
2001-01-10 0.040000 0.397516
2000-10-11 0.040000 0.484848
2000-07-12 0.040000 0.326531
2000-04-11 0.040000 0.288288
2000-01-11 0.040000 0.284444
1999-10-12 0.038000 0.197403
1999-07-12 0.038000 0.194249
1999-04-09 0.038000 0.323404
1999-01-07 0.038000 0.190000
1998-10-09 0.035000 0.331361
1998-07-10 0.035000 0.138272
1998-04-08 0.035000 0.124169
1998-01-08 0.035000 0.129930
1997-10-09 0.035000 0.116667
1997-07-10 0.030000 0.124352
1997-04-09 0.030000 0.167832
1997-01-09 0.030000 0.165517
1996-10-09 0.030000 0.187500
1996-07-11 0.030000 0.176471
1996-04-10 0.030000 0.167832
1996-01-10 0.030000 0.130435
1995-10-11 0.025000 0.079051
1995-07-11 0.025000 0.069444
1995-04-07 0.025000 0.078125
1995-01-09 0.025000 0.065789
1994-10-06 0.020000 0.057554
1994-07-07 0.020000 0.067039
1994-04-07 0.020000 0.083333
1994-01-07 0.020000 0.086022
1993-10-06 0.016667 0.093025
1993-07-06 0.016667 0.093899
1993-04-05 0.016667 0.090092
1993-01-05 0.016667 0.105822
Additional Data
dividendRate 0.32
dividendYield 2.42
exDividendDate 2026-10-08
trailingAnnualDividendRate 0.32
trailingAnnualDividendYield 0.024205748
lastDividendValue 0.08
lastDividendDate 2026-07-02
dividendDate 2026-10-29

Info Dump

Attribute Value
52 Week Change 0.20306861
Address1 3,900 McCarty Lane
All Time High 43.5
All Time Low 0.5
Ask 13.33
Ask Size 400
Audit Risk 2
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 576,700
Average Daily Volume3 Month 1,107,755
Average Volume 1,107,755
Average Volume10Days 576,700
Beta 1.429
Bid 11.55
Bid Size 500
Board Risk 1
Book Value 7.179
City Lafayette
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 13.33
Current Ratio 1.314
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 13.68
Day Low 13.14
Debt To Equity 185.505
Display Name Wabash National
Dividend Date 1,793,232,000
Dividend Rate 0.32
Dividend Yield 2.42
Earnings Call Timestamp End 1,785,340,800
Earnings Call Timestamp Start 1,785,340,800
Earnings Timestamp 1,785,328,200
Earnings Timestamp End 1,793,881,800
Earnings Timestamp Start 1,793,881,800
Ebitda -9,043,000
Ebitda Margins -0.00635
Enterprise To Ebitda -112.577
Enterprise To Revenue 0.715
Enterprise Value 1,018,037,504
Eps Current Year -2.2
Eps Forward 1.225
Eps Trailing Twelve Months -1.82
Esg Populated 0
Ex Dividend Date 1,791,417,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.793
Fifty Day Average Change 0.5369997
Fifty Day Average Change Percent 0.041976057
Fifty Two Week Change Percent 20.306862
Fifty Two Week High 14.32
Fifty Two Week High Change -0.9899998
Fifty Two Week High Change Percent -0.069134064
Fifty Two Week Low 6.63
Fifty Two Week Low Change 6.7
Fifty Two Week Low Change Percent 1.010558
Fifty Two Week Range 6.63 - 14.32
Financial Currency USD
First Trade Date Milliseconds 689,610,600,000
Five Year Avg Dividend Yield 2.13
Float Shares 37,502,641
Forward Eps 1.225
Forward P E 10.881633
Free Cashflow 147,730,000
Full Exchange Name NYSE
Full Time Employees 4,700
Fullday Change 0.10999966
Fullday Change Percent 0.83207005
Fullday Price 13.15
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.01002
Gross Profits 14,262,000
Has Pre Post Market Data 1
Held Percent Insiders 0.05165
Held Percent Institutions 0.96154
Implied Shares Outstanding 40,737,173
Industry Farm & Heavy Construction Machinery
Industry Disp Farm & Heavy Construction Machinery
Industry Key farm-heavy-construction-machinery
Ir Website http://phx.corporate-ir.net/phoenix.zhtml?c=79834&p=irol-irhome
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,782,950,400
Last Dividend Value 0.08
Last Fiscal Year End 1,767,139,200
Last Split Date 775,440,000
Last Split Factor 3:2
Long Business Summary Wabash National Corporation manufactures engineered solutions and services for transportation, logistics and infrastructure industry in the United States. The company operates in two segments, Transportation Solutions and Parts & Services. It offers dry van trailers, platform trailers, refrigerated trailers, stainless steel and aluminum tank trailers, and used trailors; dry freight truck bodies, cargo bodies, insulated and light-duty acutherm refrigerated truck bodies, and platform truck bodies; and laminated hardwood oak flooring. The company also provides aftermarket parts and services; steel flatbed bodies, truck body mounting, shelving for package delivery, partitions, roof racks, hitches, thermal solutions, liftgates, and other; door repair and replacement, collision repair, and basic maintenance; stainless steel storage tanks and silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotech end markets; and truck bodies, overhead doors, and other industrial applications. In addition, it offers maintenance and repair services for tank trailers and other related equipment; direct-line access to truck body repair parts; and trailers as a service, as well as develops and scales a digital marketplace for the transportation and logistics distribution industry. The company offers its products under the Wabash, MaxClearance, Trust Lock Plus, EZ-7, Lock-Rite, EZ-Adjust, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, and AeroSkirt CX brands, and EcoNex brand. Wabash National Corporation was founded in 1985 and is headquartered in Lafayette, Indiana.
Long Name Wabash National Corporation
Market us_market
Market Cap 543,026,496
Market State CLOSED
Max Age 86,400
Message Board Id finmb_320333
Most Recent Quarter 1,782,777,600
Net Income To Common -77,963,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 538,545,427
Number Of Analyst Opinions 2
Open 13.24
Operating Cashflow -745,000
Operating Margins -0.06243
Overall Risk 2
Payout Ratio 0.0631
Peg Ratio 0.73
Phone 765 771 5310
Post Market Change -0.1800003
Post Market Change Percent -1.3503399
Post Market Price 13.15
Post Market Time 1,787,951,100
Previous Close 13.22
Price Eps Current Year -6.0590906
Price Hint 2
Price To Book 1.8568046
Price To Sales Trailing12 Months 0.38146797
Profit Margins -0.054770004
Quick Ratio 0.654
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change 0.11
Regular Market Change Percent 0.83207
Regular Market Day High 13.68
Regular Market Day Low 13.14
Regular Market Day Range 13.14 - 13.68
Regular Market Open 13.24
Regular Market Previous Close 13.22
Regular Market Price 13.33
Regular Market Time 1,787,947,202
Regular Market Volume 641,415
Return On Assets -0.03218
Return On Equity -0.22873
Revenue Growth -0.091
Revenue Per Share 34.882
Sand P52 Week Change 0.20204377
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 2
Shares Outstanding 40,737,173
Shares Percent Shares Out 0.0937
Shares Short 3,815,634
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 3,792,053
Short Name Wabash National Corporation
Short Percent Of Float 0.0963
Short Ratio 2.47
Source Interval 15
State IN
Symbol WNC
Target High Price 25.0
Target Low Price 20.0
Target Mean Price 22.5
Target Median Price 22.5
Total Cash 71,496,000
Total Cash Per Share 1.755
Total Debt 545,110,016
Total Revenue 1,423,517,952
Tradeable 0
Trailing Annual Dividend Rate 0.32
Trailing Annual Dividend Yield 0.024205748
Trailing Eps -1.82
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.9918
Two Hundred Day Average Change 3.3381996
Two Hundred Day Average Change Percent 0.3340939
Type Disp Equity
Volume 641,415
Website https://onewabash.com
Zip 47,905