GATX (GATX) Projected to Post Earnings on Wednesday

GATX (NYSE:GATX - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $2.09 per share and revenue of $417.06 million for the quarter. GATX has set its FY 2025 guidance at 8.300-8.700 EPS.Investors that are interested in participating in the company's conference call can do so using this link.

GATX (NYSE:GATX - Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The transportation company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.25. GATX had a return on equity of 12.07% and a net margin of 17.92%. During the same period last year, the firm posted $1.74 earnings per share.

GATX Price Performance

Shares of GATX stock traded down $1.01 on Friday, reaching $147.00. The company's stock had a trading volume of 188,495 shares, compared to its average volume of 162,743. The company has a quick ratio of 3.41, a current ratio of 2.77 and a debt-to-equity ratio of 3.37. The company has a market capitalization of $5.24 billion, a P/E ratio of 18.92 and a beta of 1.00. The stock has a 50-day moving average price of $155.59 and a 200-day moving average price of $153.91. GATX has a 52-week low of $122.00 and a 52-week high of $168.89.

GATX Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, February 28th were issued a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a yield of 1.66%. This is an increase from GATX's previous quarterly dividend of $0.58. The ex-dividend date was Friday, February 28th. GATX's dividend payout ratio (DPR) is presently 31.40%.

Insider Buying and Selling

In other GATX news, SVP Jeffery R. Young sold 297 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $164.63, for a total value of $48,895.11. Following the transaction, the senior vice president now owns 7,362 shares in the company, valued at approximately $1,212,006.06. This trade represents a 3.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Robert Zmudka sold 4,800 shares of GATX stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $163.83, for a total transaction of $786,384.00. Following the sale, the vice president now directly owns 7,493 shares in the company, valued at approximately $1,227,578.19. This trade represents a 39.05 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.17% of the company's stock.

GATX Company Profile

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.