Q3 Earnings Estimate for RAIL Issued By Noble Financial

Key Points

• Noble Financial has estimated that Freightcar America will report earnings of $0.07 per share in Q3 2026, with a full-year estimate of $0.09 per share.
• The stock of Freightcar America has seen fluctuations, currently priced at $11.46, up 1.2% from previous sessions, with a market cap of $218.20 million.
• Recent activity among institutional investors includes Mechanics Financial Corp doubling its stake and North Star Investment Management Corp. initiating a new position worth $1,498,000.

Freightcar America, Inc. (NASDAQ:RAIL - Free Report) - Investment analysts at Noble Financial issued their Q3 2026 earnings estimates for shares of Freightcar America in a note issued to investors on Thursday, July 24th. Noble Financial analyst M. Reichman forecasts that the transportation company will post earnings per share of $0.07 for the quarter. The consensus estimate for Freightcar America's current full-year earnings is $0.09 per share. Noble Financial also issued estimates for Freightcar America's Q4 2026 earnings at $0.08 EPS and FY2026 earnings at $0.35 EPS.

Other research analysts also recently issued research reports about the company. Wall Street Zen downgraded Freightcar America from a "buy" rating to a "hold" rating in a report on Wednesday, May 7th. Northcoast Research began coverage on Freightcar America in a research report on Thursday, May 1st. They set a "buy" rating and a $9.00 price objective for the company.

Freightcar America Trading Down 7.2%

Shares of RAIL stock traded down $0.82 during mid-day trading on Monday, reaching $10.64. The stock had a trading volume of 292,400 shares, compared to its average volume of 206,548. The business has a 50-day simple moving average of $9.10 and a 200 day simple moving average of $8.45. The company has a market cap of $202.59 million, a P/E ratio of -11.44 and a beta of 1.89. Freightcar America has a 12-month low of $3.12 and a 12-month high of $16.10.

Institutional Trading of Freightcar America

Several hedge funds have recently added to or reduced their stakes in the stock. Ritholtz Wealth Management lifted its stake in Freightcar America by 54.6% in the 2nd quarter. Ritholtz Wealth Management now owns 16,382 shares of the transportation company's stock worth $141,000 after purchasing an additional 5,789 shares in the last quarter. Mechanics Financial Corp lifted its holdings in Freightcar America by 100.0% in the 2nd quarter. Mechanics Financial Corp now owns 20,000 shares of the transportation company's stock worth $172,000 after buying an additional 10,000 shares during the period. North Star Investment Management Corp. purchased a new stake in Freightcar America in the second quarter worth $1,498,000. Goldman Sachs Group Inc. raised its holdings in Freightcar America by 58.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 106,656 shares of the transportation company's stock worth $590,000 after purchasing an additional 39,506 shares in the last quarter. Finally, Jane Street Group LLC increased its position in shares of Freightcar America by 13.1% during the first quarter. Jane Street Group LLC now owns 108,724 shares of the transportation company's stock valued at $601,000 after buying an additional 12,610 shares during the period. Institutional investors own 31.96% of the company's stock.

Insiders Place Their Bets

In related news, insider Celia Perez sold 7,982 shares of Freightcar America stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $8.59, for a total value of $68,565.38. Following the transaction, the insider directly owned 50,326 shares of the company's stock, valued at $432,300.34. The trade was a 13.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 28.70% of the stock is owned by company insiders.

About Freightcar America

FreightCar America, Inc, through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico. It operates in two segments, Manufacturing and Parts. The company offers a range of railcars, including open top hoppers, mill gondola cars, intermodal and non-intermodal flat cars, coal cars; bulk commodity cars covered hopper cars, coil steel cars, boxcars, woodchip hoppers, aluminum vehicle carriers, and articulated bulk container railcars.