NASDAQ:RAIL FreightCar America (RAIL) Stock Forecast, Price & News $2.69 -0.03 (-1.10%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$2.69▼$2.7750-Day Range$2.65▼$3.1952-Week Range$2.63▼$5.45Volume10,920 shsAverage Volume30,381 shsMarket Capitalization$47.61 millionP/E RatioN/ADividend YieldN/APrice Target$4.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media FreightCar America MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside73.5% Upside$4.67 Price TargetShort InterestHealthy3.25% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.76Based on 6 Articles This WeekInsider TradingAcquiring Shares$109,057 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.41) to $0.18 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.17 out of 5 starsTransportation Sector66th out of 123 stocksRailroad Equipment Industry4th out of 4 stocks 3.0 Analyst's Opinion Consensus RatingFreightCar America has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.67, FreightCar America has a forecasted upside of 73.5% from its current price of $2.69.Amount of Analyst CoverageFreightCar America has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.25% of the float of FreightCar America has been sold short.Short Interest Ratio / Days to CoverFreightCar America has a short interest ratio ("days to cover") of 13.2, which indicates bearish sentiment.Change versus previous monthShort interest in FreightCar America has recently decreased by 7.29%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldFreightCar America does not currently pay a dividend.Dividend GrowthFreightCar America does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RAIL. Previous Next 1.2 News and Social Media Coverage News SentimentFreightCar America has a news sentiment score of -0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 6 news articles for FreightCar America this week, compared to 5 articles on an average week.Search InterestOnly 1 people have searched for RAIL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows1 people have added FreightCar America to their MarketBeat watchlist in the last 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FreightCar America insiders have bought more of their company's stock than they have sold. Specifically, they have bought $109,057.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders24.20% of the stock of FreightCar America is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions87.26% of the stock of FreightCar America is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for FreightCar America are expected to grow in the coming year, from ($0.41) to $0.18 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FreightCar America is -4.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of FreightCar America is -4.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About FreightCar America (NASDAQ:RAIL) StockFreightCar America, Inc. engages in the manufacture of railcars and railcar components. It operates through the Manufacturing and Corporate and Other segments. The Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Corporate and Other segment focuses on the sales of parts. The company was founded in 1901 and is headquartered in Chicago, IL.Read More Receive RAIL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FreightCar America and its competitors with MarketBeat's FREE daily newsletter. Email Address RAIL Stock News HeadlinesJune 9, 2023 | msn.comMid-Michigan freight railroad companies receive grant fundingJune 9, 2023 | americanbankingnews.comFreightCar America (NASDAQ:RAIL) Now Covered by StockNews.comJune 9, 2023 | UNKNOWN (Ad)The Stock That's Brining Lithium Back To America!The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S SoilJune 9, 2023 | foxnews.comNorthern Arizona train derailment causes severe damage to 23 freight cars, new vehiclesJune 8, 2023 | msn.com23 freight cars, new vehicles heavily damaged in train derailment in northern ArizonaJune 8, 2023 | americanbankingnews.comFreightCar America (NASDAQ:RAIL) Coverage Initiated by Analysts at StockNews.comMay 31, 2023 | americanbankingnews.comFreightCar America (NASDAQ:RAIL) Receives New Coverage from Analysts at StockNews.comMay 30, 2023 | msn.comFreightCar America: Improving Business, Cheap StockJune 9, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 19, 2023 | americanbankingnews.comNigris Felan Jose De Purchases 10,000 Shares of FreightCar America, Inc. (NASDAQ:RAIL) StockMay 18, 2023 | markets.businessinsider.comFreightCar America Appoints Nicholas Randall As COOMay 18, 2023 | finance.yahoo.comJames Meyer Bought 5.4% More Shares In FreightCar America \May 18, 2023 | finance.yahoo.comFreightCar America, Inc. Announces Appointment of Nicholas J. Randall as Chief Operating OfficerMay 17, 2023 | americanbankingnews.comFreightCar America, Inc. (NASDAQ:RAIL) CEO James R. Meyer Buys 12,427 SharesMay 17, 2023 | americanbankingnews.comFreightCar America, Inc. (NASDAQ:RAIL) CEO James R. Meyer Acquires 15,251 Shares of StockMay 16, 2023 | marketwatch.com2030, Rail Logistics Market Growth | Future Prospects and Competitive AnalysisMay 15, 2023 | americanbankingnews.comFreightCar America (NASDAQ:RAIL) Now Covered by Analysts at StockNews.comMay 13, 2023 | msn.com5 workers hospitalized after Amtrak trucks collide at Boston commuter rail stationMay 12, 2023 | news.yahoo.com5 hospitalized after incident involving Amtrak equipment at commuter rail stationMay 11, 2023 | nypost.comThousands of migrants risk death on Mexico’s ‘Beast’ train to borderMay 11, 2023 | markets.businessinsider.comFreightcar America (RAIL) Receives a Hold from TD CowenMay 11, 2023 | msn.comLight rail operator alleges CATS wrongfully terminated him after derailmentMay 11, 2023 | marketwatch.comRail Freight Transportation Market 2023 is Rising Worldwide in Upcoming Year by 2030 | 112 Pages ReportMay 10, 2023 | marketwatch.comRail Freight Transportation Market Research, 2023-2030May 10, 2023 | marketwatch.com2023 Rail Logistics | Dynamic Report By 2030May 9, 2023 | finance.yahoo.comFreightCar America, Inc. Reports First Quarter 2023 ResultsMay 9, 2023 | lse.co.ukPetards predicts future growth despite disruptive railway conditionsSee More Headlines RAIL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RAIL Company Calendar Last Earnings5/10/2023Today6/09/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Railroad equipment Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorTransportation Current SymbolNASDAQ:RAIL CUSIP35702310 CIK1320854 Webwww.freightcaramerica.com Phone(312) 458-2235Fax312-928-0890Employees1,435Year Founded1901Price Target and Rating Average Stock Price Forecast$4.67 High Stock Price Forecast$6.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+73.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.67) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-38,850,000.00 Net Margins-5.12% Pretax Margin-4.50% Return on EquityN/A Return on Assets-10.76% Debt Debt-to-Equity RatioN/A Current Ratio1.17 Quick Ratio0.45 Sales & Book Value Annual Sales$364.75 million Price / Sales0.13 Cash FlowN/A Price / Cash FlowN/A Book Value($1.66) per share Price / Book-1.62Miscellaneous Outstanding Shares17,700,000Free Float13,418,000Market Cap$47.61 million OptionableOptionable Beta2.07 Social Links Key ExecutivesJames R. MeyerPresident, Chief Executive Officer & DirectorJesus Salvador Gil BenavidesDirector & Vice President-OperationsMichael A. RiordanChief Financial Officer, Treasurer & VP-FinanceMike KellyVice President-Sales Midwest RegionW. Matthew TonnChief Commercial OfficerKey CompetitorsImperial PetroleumNASDAQ:IMPPOxbridge AcquisitionNASDAQ:OXACBESTNYSE:BESTCastor MaritimeNASDAQ:CTRMPyxis TankersNASDAQ:PXSView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Sold 3,588 shares on 5/18/2023Ownership: 0.079%Nigris Felan Jose DeBought 10,000 shares on 5/16/2023Total: $30,000.00 ($3.00/share)James R MeyerBought 12,427 shares on 5/15/2023Total: $36,659.65 ($2.95/share)James R MeyerBought 15,251 shares on 5/12/2023Total: $42,397.78 ($2.78/share)Renaissance Technologies LLCSold 28,000 shares on 5/12/2023Ownership: 0.331%View All Insider TransactionsView All Institutional Transactions RAIL Stock - Frequently Asked Questions Should I buy or sell FreightCar America stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FreightCar America in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RAIL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RAIL, but not buy additional shares or sell existing shares. View RAIL analyst ratings or view top-rated stocks. What is FreightCar America's stock price forecast for 2023? 2 analysts have issued 12 month price targets for FreightCar America's stock. Their RAIL share price forecasts range from $3.00 to $6.00. On average, they expect the company's share price to reach $4.67 in the next year. This suggests a possible upside of 73.5% from the stock's current price. View analysts price targets for RAIL or view top-rated stocks among Wall Street analysts. How have RAIL shares performed in 2023? FreightCar America's stock was trading at $3.20 on January 1st, 2023. Since then, RAIL stock has decreased by 15.9% and is now trading at $2.69. View the best growth stocks for 2023 here. When is FreightCar America's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our RAIL earnings forecast. How were FreightCar America's earnings last quarter? FreightCar America, Inc. (NASDAQ:RAIL) announced its quarterly earnings results on Wednesday, May, 10th. The transportation company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by $0.01. The transportation company had revenue of $81 million for the quarter. During the same period in the previous year, the company posted ($0.22) earnings per share. What guidance has FreightCar America issued on next quarter's earnings? FreightCar America updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $400.00 million-$430.00 million, compared to the consensus revenue estimate of $429.50 million. What is Edward J. Whalen's approval rating as FreightCar America's CEO? 19 employees have rated FreightCar America Chief Executive Officer Edward J. Whalen on Glassdoor.com. Edward J. Whalen has an approval rating of 42% among the company's employees. This puts Edward J. Whalen in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of FreightCar America own? Based on aggregate information from My MarketBeat watchlists, some companies that other FreightCar America investors own include BMO Capital Markets (), Stifel Nicolaus (), Wunderlich (), Standpoint Research (), Duncan Williams (), Soleil Securities (), Sterne Agee CRT (), Robert W. Baird (), Wellington Shields () and Macquarie (). What is FreightCar America's stock symbol? FreightCar America trades on the NASDAQ under the ticker symbol "RAIL." Who are FreightCar America's major shareholders? FreightCar America's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.33%), UBS Group AG (0.22%), Group One Trading L.P. (0.00%), JPMorgan Chase & Co. (0.08%), Bank of America Corp DE (0.07%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Benavides Alejandro Gil, Benavides Jesus Salvador Gil, James R Meyer, Michael Anthony Riordan, Nigris Felan Jose De and W Matthew Tonn. View institutional ownership trends. How do I buy shares of FreightCar America? Shares of RAIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is FreightCar America's stock price today? One share of RAIL stock can currently be purchased for approximately $2.69. How much money does FreightCar America make? FreightCar America (NASDAQ:RAIL) has a market capitalization of $47.61 million and generates $364.75 million in revenue each year. The transportation company earns $-38,850,000.00 in net income (profit) each year or ($0.67) on an earnings per share basis. How many employees does FreightCar America have? The company employs 1,435 workers across the globe. How can I contact FreightCar America? FreightCar America's mailing address is 125 S. WACKER DRIVE SUITE 1500, CHICAGO IL, 60606. The official website for the company is www.freightcaramerica.com. The transportation company can be reached via phone at (312) 458-2235, via email at rail@alpha-ir.com, or via fax at 312-928-0890. This page (NASDAQ:RAIL) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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