Q3 EPS Forecast for Freightcar America Increased by Analyst

Key Points

• Noble Financial raised its Q3 2026 earnings per share (EPS) estimate for Freightcar America to $0.16, up from $0.11, while the current full-year estimate is $0.09.
• The stock of Freightcar America has been upgraded from a "hold" to a "buy" rating by Wall Street Zen, with a consensus price target of $9.00.
• Freightcar America's stock saw a 4.6% increase recently, with the current share price opening at $9.11.

Freightcar America, Inc. (NASDAQ:RAIL - Free Report) - Equities research analysts at Noble Financial increased their Q3 2026 earnings per share estimates for shares of Freightcar America in a research note issued on Thursday, September 18th. Noble Financial analyst M. Reichman now anticipates that the transportation company will post earnings of $0.16 per share for the quarter, up from their prior forecast of $0.11. 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 $0.17 EPS and FY2026 earnings at $0.55 EPS.

Separately, Wall Street Zen lowered Freightcar America from a "buy" rating to a "hold" rating in a research report on Saturday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Freightcar America presently has an average rating of "Buy" and a consensus target price of $9.00.

Freightcar America Price Performance

RAIL stock traded down $0.24 during midday trading on Friday, reaching $9.70. 71,507 shares of the stock were exchanged, compared to its average volume of 219,997. The stock has a market capitalization of $185.64 million, a PE ratio of -13.87 and a beta of 1.95. Freightcar America has a 52 week low of $4.31 and a 52 week high of $16.10. The company has a fifty day moving average price of $9.37 and a 200 day moving average price of $7.94.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Mechanics Financial Corp bought a new stake in shares of Freightcar America in the first quarter worth about $55,000. Dynamic Technology Lab Private Ltd purchased a new stake in Freightcar America in the first quarter worth about $61,000. State of Wyoming purchased a new stake in Freightcar America in the second quarter worth about $63,000. Walleye Capital LLC purchased a new stake in Freightcar America in the first quarter worth about $74,000. Finally, Pacific Wealth Strategies Group Inc. purchased a new stake in Freightcar America in the second quarter worth about $87,000. 31.96% of the stock is owned by institutional investors.

Freightcar America Company Profile

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.