GATX (GATX) Set to Announce Earnings on Thursday

Key Points

• GATX is expected to report Q3 2026 results before the market opens Thursday, October 29. Analysts forecast earnings of $2.46 per share on revenue of $592.66 million, while the company’s fiscal 2026 EPS guidance is $9.90–$10.30.
• In its prior quarter, GATX reported EPS of $2.84, beating estimates by $0.38, while revenue rose 34.8% year over year to $580.1 million but fell short of expectations.
• Analysts maintain a positive view, with four Buy ratings and a consensus price target of $219.33 versus the stock’s recent price of $164.19. GATX also pays a quarterly dividend of $0.66, yielding about 1.6%.

GATX (NYSE:GATX - Get Free Report) will likely be announcing its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect GATX to post earnings of $2.46 per share and revenue of $592.66 million for the quarter. GATX has set its FY 2026 guidance at 9.900-10.30 EPS. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.

GATX (NYSE:GATX - Get Free Report) last released its earnings results on Thursday, July 30th. The transportation company reported $2.84 earnings per share for the quarter, beating analysts' consensus estimates of $2.46 by $0.38. GATX had a net margin of 17.94% and a return on equity of 10.43%. The firm had revenue of $580.10 million for the quarter, compared to analysts' expectations of $598.77 million. During the same period in the previous year, the company earned $2.06 earnings per share. The company's quarterly revenue was up 34.8% on a year-over-year basis.

GATX Trading Up 1.6%

Shares of GATX stock opened at $164.19 on Thursday. The company has a 50 day moving average of $174.71 and a 200-day moving average of $178.54. The company has a quick ratio of 3.90, a current ratio of 3.90 and a debt-to-equity ratio of 3.44. GATX has a 12-month low of $150.42 and a 12-month high of $205.56. The firm has a market cap of $5.80 billion, a P/E ratio of 16.26 and a beta of 1.19.

GATX Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a $0.66 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $2.64 annualized dividend and a yield of 1.6%. GATX's dividend payout ratio is presently 26.14%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on GATX shares. Susquehanna upped their price objective on GATX from $218.00 to $220.00 and gave the company a "positive" rating in a research note on Friday, July 31st. Citigroup raised their target price on GATX from $215.00 to $216.00 and gave the stock a "buy" rating in a research report on Thursday, October 8th. Finally, Weiss Ratings raised GATX from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, September 4th. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $219.33.

Insider Buying and Selling at GATX

In other GATX news, VP Geoffrey Phillips sold 2,500 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $177.60, for a total transaction of $444,000.00. Following the completion of the transaction, the vice president owned 1 shares in the company, valued at $177.60. This trade represents a 99.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Eren Doygun sold 1,000 shares of the stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $179.52, for a total transaction of $179,520.00. Following the transaction, the senior vice president owned 5,323 shares of the company's stock, valued at $955,584.96. This represents a 15.82% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,700 shares of company stock valued at $3,900,976 over the last three months. 1.86% of the stock is currently owned by insiders.

GATX Company Profile

GATX Corporation is a global asset-leasing company focused primarily on rail transportation. Through its rail businesses, the company owns, leases and manages a diverse fleet of freight railcars used to transport commodities and manufactured goods, including tank cars, covered and open hoppers, boxcars and specialized rail equipment. GATX also provides fleet management, maintenance and other services that support railcar customers.

GATX serves customers across North America and Europe through operations that include GATX Rail North America and GATX Rail Europe.

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