Freightcar America Company Profile (NASDAQ:RAIL)

Freightcar America trades on the NASDAQ under the ticker symbol "RAIL."

Freightcar America announced a quarterly dividend on Monday, May 8th. Investors of record on Thursday, May 18th will be given a dividend of $0.09 per share on Wednesday, May 24th. This represents a $0.36 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Tuesday, May 16th. View Freightcar America's Dividend History.

Freightcar America, Inc. (NASDAQ:RAIL) announced its quarterly earnings data on Monday, February, 27th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $0.13. The company had revenue of $135.50 million for the quarter, compared to analyst estimates of $118.33 million. Freightcar America had a net margin of 0.06% and a return on equity of 1.60%. The firm's quarterly revenue was down 33.3% on a year-over-year basis. During the same period last year, the business posted $0.94 EPS. View Freightcar America's Earnings History.

3 brokerages have issued twelve-month price targets for Freightcar America's stock. Their predictions range from $13.00 to $17.00. On average, they anticipate Freightcar America's stock price to reach $14.33 in the next twelve months. View Analyst Ratings for Freightcar America.

Here are some recent quotes from research analysts about Freightcar America stock:

• 1. According to Zacks Investment Research, "FreightCar America, Inc. manufactures railroad freight cars, with particular expertise in coal-carrying railcars. In addition to coal cars, FreightCar America designs and builds flat cars, mill gondola cars, intermodal cars, coil steel cars and motor vehicle carriers. It is headquartered in Chicago, Illinois and has manufacturing facilities in Danville, Illinois, Roanoke, Virginia and Johnstown, Pennsylvania. " (5/10/2017)
• 2. Cowen and Company analysts commented, "We are lowering our '17 est., establishing '18 est. above the Street, and maintaining our price target. We continue to believe RAIL will ultimately succeed at solidifying its presence in markets outside its traditional core strengths, but the 4Q results affirm our concern that the road is likely to be long and bumpy during what we have long maintained would be an extended contraction." (3/6/2017)
• 3. Stifel Nicolaus analysts commented, "Our rating remains Hold due to the continued poor industry fundamentals, but with the current valuation already reflecting depressed fundamentals and supported by the value of the company's balance sheet we believe further downside is minimal. Our target price is $13 (which reflects shares trading at roughly 0.7x tangible book), which provides about 5% downside to the most recent trading price. We are discounting a portion of the company's cash-adjusted tangible book in our calculation to reflect our view that the railcars on the company's balance sheet represent a reasonable proxy for market value." (3/1/2017)

Freightcar America saw a decrease in short interest in May. As of May 31st, there was short interest totalling 634,233 shares, a decrease of 34.2% from the May 15th total of 964,562 shares. Based on an average daily volume of 199,800 shares, the short-interest ratio is currently 3.2 days. Approximately 5.3% of the company's stock are sold short.

Some companies that are related to Freightcar America include Capital Product Partners L.P. (CPLP), Hennessy Capital Acquisition Corp. II (DSKE), Tsakos Energy Navigation Ltd (TNP), DHT Holdings (DHT), Teekay Offshore Partners L.P. (TOO), YRC Worldwide (YRCW), Covenant Transportation Group (CVTI), Diana Shipping inc. (DSX), Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK), Teekay Tankers (TNK), Ardmore Shipping Corporation (ASC), Roadrunner Transportation Systems (RRTS), Radiant Logistics (RLGT), USD Partners LP (USDP), Bristow Group (BRS), Navios Maritime Partners LP (NMM), Navios Maritime Acquisition Corporation (NNA) and Aegean Marine Petroleum Network (ANW).

Freightcar America's management team includes the folowing people:

• Joseph E. McNeely, President, Chief Executive Officer, Director
• Matthew S. Kohnke, Chief Financial Officer, Vice President - Finance, Treasurer
• Georgia L. Vlamis, Vice President, General Counsel, Corporate Secretary and Human Resources
• James America, Vice President - Human Resources
• Theodore W. Baun, Chief Commercial Officer
• William D. Gehl, Non-Executive Independent Chairman of the Board
• James D. Cirar, Independent Director
• Thomas A. Madden, Independent Director
• Malcolm F. Moore, Independent Director
• Andrew B. Schmitt, Independent Director

Freightcar America's stock is owned by many different of institutional and retail investors. Top institutional shareholders include ROYCE & ASSOCIATES LP (10.30%), Royce & Associates LP (9.83%), Boston Partners (9.15%), Dimensional Fund Advisors LP (8.40%), Wells Fargo & Company MN (4.99%) and Vanguard Group Inc. (4.52%). Company insiders that own Freightcar America stock include Andrew B Schmitt, Joseph E Mcneely, Matthew S Kohnke and Theodore W Baun. View Institutional Ownership Trends for Freightcar America.

Freightcar America's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Nationwide Fund Advisors, Boston Partners, Parametric Portfolio Associates LLC, Russell Investments Group Ltd., Walthausen & Co. LLC, Morgan Dempsey Capital Management LLC and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Freightcar America.

Freightcar America's stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Royce & Associates LP, Vanguard Group Inc., Nine Chapters Capital Management LLC, Value Holdings Management CO. LLC, Dimensional Fund Advisors LP, TFS Capital LLC and Goldman Sachs Group Inc.. Company insiders that have bought Freightcar America stock in the last two years include Andrew B Schmitt, Joseph E Mcneely and Matthew S Kohnke. View Insider Buying and Selling for Freightcar America.

Shares of Freightcar America can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Freightcar America stock can currently be purchased for approximately $17.46.