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Wabash National Corporation (WNC)

Industrials | Farm & Heavy Construction Machinery | Lafayette, United States | NYSE
13.03 USD +0.13 (1.008%) ⇧ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 2:41 a.m. EDT

The investment case for Wabash National is currently broken by deteriorating fundamentals and overwhelming bearish sentiment. The company is reporting negative profit margins and a sharp contraction in revenue growth, while the balance sheet carries significant debt relative to equity. This operational distress is reflected in the stock's multi-year trajectory, which shows a cumulative decline despite a recent recovery in price, indicating the market is still pricing in a difficult path ahead. The dividend, while seemingly cheap at nearly 2.6%, is paid on a shrinking earnings base with a payout ratio that barely covers current losses, making it unsustainable rather than a safety. On the trading front, the options market is screaming caution; the sheer volume of put buying creates a heavy ceiling on upside potential, suggesting smart money is betting on further declines. Until the company demonstrates a sustained turnaround in profitability and revenue growth, this remains a speculative hold with limited catalysts for a robust recovery.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.170266
AutoTheta0.172101
AutoETS0.174194
AutoARIMA0.174915

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 33%
H-stat 3.21
Ljung-Box p 0.000
Jarque-Bera p 0.005
Excess Kurtosis 0.35
Attribute Value
Sector Industrials
Ex Dividend Date 2026-07-01
Last Dividend Date 2026-07-01
Debt to Equity Ratio 165.027
Revenue per Share 35.719
Market Cap 529,981,792
Forward P/E 8.30
Beta 1.42
Profit Margins -4.41%
Website https://onewabash.com

As of July 11, 2026, 2:41 a.m. EDT: Speculators are heavily positioned for downside protection, with out-of-the-money put volume and open interest significantly outweighing calls across all expirations. The dominance of OTM puts suggests a strong consensus expectation of further price weakness, while call activity remains sparse and concentrated near the money.


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 2.46
exDividendDate 2026-07-02
trailingAnnualDividendRate 0.32
trailingAnnualDividendYield 0.024806201
lastDividendValue 0.08
lastDividendDate 2026-07-02
dividendDate 2026-07-23

Info Dump

Attribute Value
52 Week Change 0.26223087
Address1 3,900 McCarty Lane
All Time High 43.5
All Time Low 0.5
Ask 13.1
Ask Size 200
Audit Risk 2
Average Daily Volume10 Day 826,480
Average Daily Volume3 Month 865,113
Average Volume 865,113
Average Volume10Days 826,480
Beta 1.415
Bid 12.94
Bid Size 200
Board Risk 1
Book Value 9.085
City Lafayette
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 13.03
Current Ratio 1.33
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 13.585
Day Low 12.91
Debt To Equity 165.027
Display Name Wabash National
Dividend Date 1,784,764,800
Dividend Rate 0.32
Dividend Yield 2.46
Earnings Call Timestamp End 1,785,355,200
Earnings Call Timestamp Start 1,785,355,200
Earnings Timestamp 1,785,328,200
Earnings Timestamp End 1,785,328,200
Earnings Timestamp Start 1,785,328,200
Ebitda 12,724,000
Ebitda Margins 0.00868
Enterprise To Ebitda 80.055
Enterprise To Revenue 0.695
Enterprise Value 1,018,623,808
Eps Current Year -1.75
Eps Forward 1.57
Eps Trailing Twelve Months -1.43
Esg Populated 0
Ex Dividend Date 1,782,950,400
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 9.404
Fifty Day Average Change 3.6259995
Fifty Day Average Change Percent 0.38558054
Fifty Two Week Change Percent 26.223087
Fifty Two Week High 14.32
Fifty Two Week High Change -1.29
Fifty Two Week High Change Percent -0.0900838
Fifty Two Week Low 6.63
Fifty Two Week Low Change 6.3999996
Fifty Two Week Low Change Percent 0.96530914
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 37,244,745
Forward Eps 1.57
Forward P E 8.299362
Free Cashflow 98,305,504
Full Exchange Name NYSE
Full Time Employees 4,700
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.02753
Gross Profits 40,333,000
Has Pre Post Market Data 1
Held Percent Insiders 0.05173
Held Percent Institutions 1.00056
Implied Shares Outstanding 40,673,967
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 0
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 529,981,792
Market State PRE
Max Age 86,400
Message Board Id finmb_320333
Most Recent Quarter 1,774,915,200
Net Income To Common -64,661,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 524,694,174
Number Of Analyst Opinions 1
Open 13.01
Operating Cashflow -21,714,000
Operating Margins -0.175
Overall Risk 2
Payout Ratio 0.0631
Peg Ratio 0.73
Phone 765 771 5310
Pre Market Change 0.0
Pre Market Change Percent 0.0
Pre Market Price 13.03
Pre Market Time 1,784,023,028
Previous Close 12.9
Price Eps Current Year -7.445714
Price Hint 2
Price To Book 1.4342322
Price To Sales Trailing12 Months 0.36173937
Profit Margins -0.04413
Quick Ratio 0.577
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.13
Regular Market Change Percent 1.00775
Regular Market Day High 13.585
Regular Market Day Low 12.91
Regular Market Day Range 12.91 - 13.585
Regular Market Open 13.01
Regular Market Previous Close 12.9
Regular Market Price 13.03
Regular Market Time 1,783,972,825
Regular Market Volume 429,846
Return On Assets -0.02175
Return On Equity -0.17829001
Revenue Growth -0.204
Revenue Per Share 35.719
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 2
Shares Outstanding 40,673,967
Shares Percent Shares Out 0.0868
Shares Short 3,531,435
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 2,997,569
Short Name Wabash National Corporation
Short Percent Of Float 0.08930001
Short Ratio 3.54
Source Interval 15
State IN
Symbol WNC
Target High Price 20.0
Target Low Price 20.0
Target Mean Price 20.0
Target Median Price 20.0
Total Cash 43,427,000
Total Cash Per Share 1.068
Total Debt 530,948,992
Total Revenue 1,465,092,992
Tradeable 0
Trailing Annual Dividend Rate 0.32
Trailing Annual Dividend Yield 0.024806201
Trailing Eps -1.43
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.3311
Two Hundred Day Average Change 3.6988993
Two Hundred Day Average Change Percent 0.39640546
Type Disp Equity
Volume 429,846
Website https://onewabash.com
Zip 47,905