Freightcar America Company Profile (NASDAQ:RAIL)

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

Freightcar America declared a quarterly dividend on Monday, May 8th. Stockholders of record on Thursday, May 18th will be paid a dividend of $0.09 per share on Wednesday, May 24th. This represents a $0.36 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend is Tuesday, May 16th. View Freightcar America's Dividend History.

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

3 brokerages have issued 12 month target prices for Freightcar America's stock. Their forecasts range from $13.00 to $17.00. On average, they anticipate Freightcar America's share price to reach $15.00 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. " (7/19/2017)
• 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)

Some companies that are related to Freightcar America include YRC Worldwide (YRCW), DHT Holdings (DHT), Teekay Offshore Partners L.P. (TOO), Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK), Eagle Bulk Shipping (EGLE), Green Plains Partners LP (GPP), Covenant Transportation Group (CVTI), Bristow Group (BRS), Safe Bulkers (SB), Roadrunner Transportation Systems (RRTS), Ardmore Shipping Corporation (ASC), Radiant Logistics (RLGT), Teekay Tankers (TNK), Danaos Corporation (DAC), Navios Maritime Partners LP (NMM), USD Partners LP (USDP), Navios Maritime Acquisition Corporation (NNA) and Overseas Shipholding Group (OSG).

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 a number of of retail and institutional investors. Top institutional shareholders include ROYCE & ASSOCIATES LP (10.30%), Malaga Cove Capital LLC (0.19%) and US Bancorp DE (0.12%). 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 US Bancorp DE. 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 Malaga Cove Capital LLC. 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 $16.95.