FreightCar America, Inc. is a manufacturer of railcars and railcar components. The Company operates in the Manufacturing segment. The Company designs and manufactures a range of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars. The Company manufactures aluminum-bodied railcars, including coal cars. The Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Company refurbishes and rebuilds railcars, and sells forged, cast and fabricated parts for all of the railcars. The Company also leases freight cars through its JAIX Leasing Company subsidiary. The Company's railcar manufacturing facilities are located in Cherokee, Alabama (Shoals), Danville, Illinois and Roanoke, Virginia.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Locomotive Engines & Rolling Stock
- Sub-Industry: Construction & Farm Machinery & Heavy Trucks
- Symbol: NASDAQ:RAIL
- CUSIP: 35702310
- Web: www.freightcaramerica.com
Capitalization:- Market Cap: $232.03 million
- Outstanding Shares: 12,428,000
Average Prices:- 50 Day Moving Avg: $17.61
- 200 Day Moving Avg: $15.89
- 52 Week Range: $10.87 - $19.66
P/E:- Trailing P/E Ratio: 721.54
- Foreward P/E Ratio: -93.35
- P/E Growth: -28.22
Sales & Book Value:- Annual Revenue: $507.19 million
- Price / Sales: 0.46
- Book Value: $20.54 per share
- Price / Book: 0.91
Dividend:- Annual Dividend: $0.36
- Dividend Yield: 1.9%
Profitability:- EBIDTA: $10.71 million
- Net Margins: 0.06%
- Return on Equity: 1.61%
- Return on Assets: 1.21%
Debt:- Current Ratio: 5.08%
- Quick Ratio: 3.48%
Misc:- Average Volume: 101,978 shs.
- Beta: 1.61
- Short Ratio: 4.71
Frequently Asked Questions for Freightcar America (NASDAQ:RAIL)
What is Freightcar America's stock symbol?
Freightcar America trades on the NASDAQ under the ticker symbol "RAIL."
How often does Freightcar America pay dividends? What is the dividend yield for Freightcar America?
Freightcar America declared a quarterly dividend on Monday, August 7th. Shareholders of record on Thursday, August 17th will be paid a dividend of $0.09 per share on Wednesday, August 23rd. This represents a $0.36 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date of this dividend is Tuesday, August 15th. View Freightcar America's Dividend History.
How were Freightcar America's earnings last quarter?
Freightcar America, Inc. (NASDAQ:RAIL) released its quarterly earnings data on Wednesday, August, 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). The business earned $118.67 million during the quarter, compared to the consensus estimate of $108.43 million. Freightcar America had a return on equity of 1.61% and a net margin of 0.06%. Freightcar America's revenue was down 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.04) earnings per share. View Freightcar America's Earnings History.
When will Freightcar America make its next earnings announcement?
Where is Freightcar America's stock going? Where will Freightcar America's stock price be in 2017?
3 analysts have issued twelve-month target prices for Freightcar America's shares. Their predictions range from $15.00 to $17.00. On average, they expect Freightcar America's stock price to reach $15.67 in the next year. View Analyst Ratings for Freightcar America.
What are analysts saying about Freightcar America stock?
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. " (9/20/2017)
- 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)
Who are some of Freightcar America's key competitors?
Some companies that are related to Freightcar America include Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK), YRC Worldwide (YRCW), Capital Product Partners L.P. (CPLP), Fly Leasing Limited (FLY), Dorian LPG (LPG), Teekay Offshore Partners L.P. (TOO), Diana Shipping inc. (DSX), Tsakos Energy Navigation Ltd (TNP), Bristow Group (BRS), Navios Maritime Partners LP (NMM), Roadrunner Transportation Systems (RRTS), Safe Bulkers (SB), USD Partners LP (USDP), Ardmore Shipping Corporation (ASC), Radiant Logistics (RLGT), Teekay Tankers (TNK), Era Group (ERA) and CryoPort (CYRX).
Who are Freightcar America's key executives?
Freightcar America's management team includes the folowing people:
- James R. Meyer, President, Chief Executive Officer
- 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
Who owns Freightcar America stock?
Freightcar America's stock is owned by a number of of retail and institutional investors. Top institutional investors include Royce & Associates LP (10.43%), Dimensional Fund Advisors LP (8.56%), Boston Partners (7.61%), Vanguard Group Inc. (3.74%), Walthausen & Co. LLC (3.57%) and Wells Fargo & Company MN (3.53%). 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.
Who sold Freightcar America stock? Who is selling Freightcar America stock?
Freightcar America's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Wells Fargo & Company MN, Vanguard Group Inc., JPMorgan Chase & Co., Parametric Portfolio Associates LLC, TIAA CREF Investment Management LLC, Shufro Rose & Co. LLC and California Public Employees Retirement System. View Insider Buying and Selling for Freightcar America.
Who bought Freightcar America stock? Who is buying Freightcar America stock?
Freightcar America's stock was purchased by a variety of institutional investors in the last quarter, including Numeric Investors LLC, AJO LP, Uniplan Investment Counsel Inc., Systematic Financial Management LP, Cornerstone Capital Management Holdings LLC., Royce & Associates LP, Sterling Capital Management LLC and Brandywine Global Investment Management 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.
How do I buy Freightcar America stock?
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.
What is Freightcar America's stock price today?
One share of Freightcar America stock can currently be purchased for approximately $18.67.
MarketBeat Community Rating for Freightcar America (NASDAQ RAIL)MarketBeat's community ratings are surveys of what our community members think about Freightcar America and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Freightcar America (NASDAQ:RAIL)Earnings History by Quarter for Freightcar America (NASDAQ RAIL)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/30/2017 | | ($0.10) | | | | | N/A |  |
| 8/2/2017 | Q2 2017 | ($0.04) | ($0.04) | $108.43 million | $118.67 million | View | Listen | |
| 2/27/2017 | Q4 2016 | $0.14 | $0.01 | $118.33 million | $135.50 million | View | N/A | |
| 8/1/2016 | Q2 | $0.43 | ($0.04) | $163.43 million | $126.20 million | View | N/A | |
| 5/2/2016 | Q116 | $0.43 | $0.28 | $153.38 million | $148.00 million | View | N/A | |
| 2/22/2016 | Q415 | $0.79 | $0.94 | $237.00 million | $203.30 million | View | Listen | |
| 11/2/2015 | Q315 | $0.78 | $0.96 | $254.14 million | $241.11 million | View | N/A | |
| 8/5/2015 | Q215 | $0.34 | $0.60 | $191.91 million | $235.60 million | View | N/A | |
| 5/4/2015 | Q115 | $0.32 | ($0.17) | $175.00 million | $92.80 million | View | N/A | |
| 2/17/2015 | Q414 | $0.46 | $0.39 | $189.96 million | $212.50 million | View | N/A | |
| 10/30/2014 | Q314 | $0.50 | $0.53 | $192.50 million | $190.30 million | View | N/A | |
| 8/6/2014 | Q214 | $0.01 | $0.13 | $132.55 million | $139.69 million | View | N/A | |
| 5/2/2014 | Q114 | $0.06 | ($0.58) | $89.30 million | $56.09 million | View | N/A | |
| 8/2/2013 | Q2 2013 | ($0.10) | ($0.29) | $88.17 million | $47.10 million | View | N/A | |
| 2/19/2013 | Q4 2012 | $0.26 | ($0.08) | $136.09 million | $116.60 million | View | N/A | |
| 11/1/2012 | Q312 | $0.32 | $0.40 | $152.85 million | $160.60 million | View | N/A | |
| 8/6/2012 | | $0.57 | $0.46 | | | View | N/A | |
| 5/8/2012 | | $0.33 | $0.81 | | | View | N/A | |
| 11/1/2011 | | $0.03 | ($0.20) | | | View | N/A | |
| 8/4/2011 | | ($0.03) | $0.02 | | | View | N/A | |
| 5/5/2011 | | ($0.20) | ($0.11) | | | View | N/A | |
| 2/17/2011 | | ($0.13) | ($0.29) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Freightcar America (NASDAQ:RAIL)Current Year EPS Consensus Estimate: $-0.21 EPS
Next Year EPS Consensus Estimate: $-0.20 EPS
Current Dividend Information for Freightcar America (NASDAQ:RAIL)| Most Recent Dividend: | 8/23/2017 |
| Annual Dividend: | $0.36 |
| Dividend Yield: | 1.93% |
| Payout Ratio: | 1,800.00% (Trailing 12 Months of Earnings)
-171.43% (Based on This Year's Estimates)
-180.00% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Freightcar America (NASDAQ RAIL)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 8/7/2017 | quarterly | $0.09 | 1.89% | 8/15/2017 | 8/17/2017 | 8/23/2017 |
| 5/8/2017 | quarterly | $0.09 | 2.05% | 5/16/2017 | 5/18/2017 | 5/24/2017 |
| 2/6/2017 | quarterly | $0.09 | 2.53% | 2/14/2017 | 2/16/2017 | 2/22/2017 |
| 11/7/2016 | quarterly | $0.09 | 3.09% | 11/15/2016 | 11/17/2016 | 11/23/2016 |
| 8/8/2016 | quarterly | $0.09 | 2.53% | 8/16/2016 | 8/18/2016 | 8/24/2016 |
| 5/9/2016 | quarterly | $0.09 | 2.51% | 5/17/2016 | 5/19/2016 | 5/25/2016 |
| 2/8/2016 | quarterly | $0.09 | 1.84% | 2/16/2016 | 2/18/2016 | 2/24/2016 |
| 11/9/2015 | quarterly | $0.09 | 1.58% | 11/17/2015 | 11/19/2015 | 11/25/2015 |
| 8/10/2015 | quarterly | $0.09 | 1.58% | 8/18/2015 | 8/20/2015 | 8/26/2015 |
| 5/11/2015 | quarterly | $0.09 | 1.47% | 5/19/2015 | 5/21/2015 | 5/27/2015 |
| 2/9/2015 | quarterly | $0.09 | 0.89% | 2/17/2015 | 2/19/2015 | 2/25/2015 |
| 11/10/2014 | quarterly | $0.06 | 0.7% | 11/19/2014 | 11/21/2014 | 11/26/2014 |
| 8/12/2014 | quarterly | $0.06 | 0.89% | 8/20/2014 | 8/22/2014 | 8/29/2014 |
| 5/13/2014 | quarterly | $0.06 | 0.95% | 5/21/2014 | 5/23/2014 | 5/30/2014 |
| 2/11/2014 | quarterly | $0.06 | 1.02% | 2/19/2014 | 2/21/2014 | 2/28/2014 |
| 11/13/2013 | quarterly | $0.06 | 0.96% | 11/20/2013 | 11/22/2013 | 11/29/2013 |
| 8/13/2013 | quarterly | $0.06 | 1.31% | 8/21/2013 | 8/23/2013 | 8/30/2013 |
| 5/14/2013 | quarterly | $0.06 | 1.33% | 5/22/2013 | 5/24/2013 | 5/31/2013 |
| 2/12/2013 | quarterly | $0.06 | 1.01% | 2/20/2013 | 2/22/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Freightcar America (NASDAQ:RAIL)Insider Ownership Percentage: 4.13%
Institutional Ownership Percentage: 82.74%
Insider Trades by Quarter for Freightcar America (NASDAQ:RAIL)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/30/2017 | Theodore W Baun | Insider | Sell | 4,481 | $17.25 | $77,297.25 | |
| 5/23/2017 | Theodore W Baun | Insider | Sell | 1,000 | $17.11 | $17,110.00 | |
| 11/9/2016 | Andrew B Schmitt | Director | Buy | 10,000 | $12.56 | $125,600.00 | |
| 11/8/2016 | Andrew B Schmitt | Director | Buy | 10,000 | $11.59 | $115,900.00 | |
| 8/11/2016 | Matthew S Kohnke | VP | Buy | 7,500 | $14.07 | $105,525.00 | |
| 2/29/2016 | Joseph E Mcneely | CEO | Buy | 6,686 | $14.88 | $99,487.68 | |
| 5/26/2015 | Joseph J Maliekel | VP | Buy | 1,000 | $22.31 | $22,310.00 | |
| 5/8/2015 | Joseph E Mcneely | CEO | Buy | 1,055 | $23.47 | $24,760.85 | |
| 8/26/2014 | S Carl Soderstrom Jr | Director | Sell | 1,519 | $29.80 | $45,266.20 | |
| 5/21/2014 | Andrew Schmitt | Director | Buy | 10,000 | $24.95 | $249,500.00 | |
| 2/21/2014 | Charles Avery, Jr. | CFO | Buy | 1,510 | $22.75 | $34,352.50 | |
| 11/4/2013 | Charles Avery, Jr. | CFO | Buy | 1,500 | $22.66 | $33,990.00 | |
| 8/30/2013 | Charles Avery, Jr. | CFO | Buy | 3,000 | $18.14 | $54,420.00 | |
| 8/23/2013 | Andrew Schmitt | Director | Buy | 10,000 | $18.56 | $185,600.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Freightcar America (NASDAQ:RAIL)
Latest Headlines for Freightcar America (NASDAQ:RAIL)
| Source: |
|
| Date | Headline |
|---|
 | Freightcar America, Inc. (RAIL) Given Hold Rating at Stifel Nicolaus
www.americanbankingnews.com - September 21 at 1:52 PM |
| Freightcar America, Inc. (RAIL) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - September 21 at 12:02 AM |
 | ETFs with exposure to FreightCar America, Inc. : September 19, 2017
finance.yahoo.com - September 20 at 8:08 AM |
| FreightCar America, Inc. :RAIL-US: Earnings Analysis: Q2, 2017 By the Numbers : September 18, 2017
finance.yahoo.com - September 19 at 6:57 AM |
| FreightCar America, Inc. : RAIL-US: Dividend Analysis : August 17th, 2017 (record date) : By the numbers : September 15, 2017
finance.yahoo.com - September 15 at 3:26 PM |
| Freightcar America, Inc. (NASDAQ:RAIL) to Issue $0.09 Quarterly Dividend
www.americanbankingnews.com - August 7 at 6:34 PM |
| Edited Transcript of RAIL earnings conference call or presentation 3-Aug-17 3:00pm GMT
finance.yahoo.com - August 5 at 6:30 AM |
 | EARNINGS SUMMARY: Details of FreightCar America, Inc. Q2 Earnings Report
www.rttnews.com - August 4 at 7:23 AM |
| Dow rallies, Nasdaq falls as mega-mergers in focus
finance.yahoo.com - August 3 at 7:20 AM |
| Keeping Fingers Crossed for Fitbit, FreightCar America
finance.yahoo.com - August 3 at 7:20 AM |
| FreightCar America, Inc. Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 7:20 AM |
| Freightcar America reports 2Q loss
finance.yahoo.com - August 3 at 7:20 AM |
| Happy Early Returns From This Value-Oriented Dividend Portfolio
finance.yahoo.com - July 27 at 6:43 AM |
| Happy Early Returns From This Value-Oriented Dividend Portfolio
finance.yahoo.com - July 27 at 6:43 AM |
| Freightcar America (NASDAQ:RAIL) & Greenbrier Companies, Inc. (The) (GBX) Financial Review
www.americanbankingnews.com - July 25 at 9:26 AM |
| Freightcar America, Inc. (NASDAQ:RAIL) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - July 25 at 8:15 AM |
| Freightcar America (RAIL) & American Railcar Industries (ARII) Head to Head Survey
www.americanbankingnews.com - July 21 at 6:10 PM |
 | FreightCar America Names James Meyer President, CEO
www.nasdaq.com - July 20 at 7:06 AM |
| Freightcar America, Inc. (RAIL) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - July 19 at 8:53 AM |
| FreightCar America appoints James R. Meyer as President and Chief Executive Officer
finance.yahoo.com - July 19 at 6:26 AM |
| Freightcar America, Inc. (NASDAQ:RAIL) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - July 18 at 9:16 AM |
| Head to Head Review: Freightcar America (NASDAQ:RAIL) versus Greenbrier Companies, Inc. (The) (GBX)
www.americanbankingnews.com - July 16 at 7:42 AM |
| Comparing Freightcar America (NASDAQ:RAIL) & Greenbrier Companies, Inc. (The) (GBX)
www.americanbankingnews.com - July 9 at 2:14 PM |
| Freightcar America, Inc. (RAIL) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - July 5 at 10:47 AM |
| ETFs with exposure to FreightCar America, Inc. : July 4, 2017
finance.yahoo.com - July 5 at 9:59 AM |
| Greenbrier Companies, Inc. (The) (GBX) and Freightcar America (RAIL) Head to Head Contrast
www.americanbankingnews.com - July 3 at 10:57 AM |
| American Railcar Industries (ARII) vs. Freightcar America (NASDAQ:RAIL) Head-To-Head Survey
www.americanbankingnews.com - July 2 at 6:26 PM |
| Freightcar America, Inc. (RAIL) Coverage Initiated by Analysts at Buckingham Research
www.americanbankingnews.com - June 25 at 5:32 PM |
| ETFs with exposure to FreightCar America, Inc. : June 22, 2017
finance.yahoo.com - June 23 at 9:28 AM |
| Head-To-Head Survey: Freightcar America (RAIL) & Westinghouse Air Brake Technologies Corporation (WAB)
www.americanbankingnews.com - June 22 at 10:38 AM |
| FreightCar America, Inc. :RAIL-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 22 at 9:44 AM |
| Comparing Freightcar America (RAIL) & Westinghouse Air Brake Technologies Corporation (WAB)
www.americanbankingnews.com - June 22 at 12:20 AM |
| Reviewing Westinghouse Air Brake Technologies Corporation (WAB) & Freightcar America (RAIL)
www.americanbankingnews.com - June 21 at 10:21 AM |
| Short Interest in Freightcar America, Inc. (RAIL) Decreases By 34.2%
www.americanbankingnews.com - June 13 at 7:16 AM |
 | FreightCar America, Inc. Goes Full Throttle While American Railcar Industries, Inc. Derails in May: Which Stock Should You Buy?
www.fool.com - June 7 at 10:11 AM |
| FreightCar America, Inc. (RAIL) Lifted to "Hold" at ValuEngine
www.americanbankingnews.com - June 3 at 1:26 PM |
| Theodore W. Baun Sells 4,481 Shares of FreightCar America, Inc. (RAIL) Stock
www.americanbankingnews.com - June 1 at 8:33 PM |
| FreightCar America, Inc. (RAIL) Short Interest Down 9.8% in May
www.americanbankingnews.com - May 28 at 7:14 AM |
| FreightCar America, Inc. (RAIL) Insider Sells $17,110.00 in Stock
www.americanbankingnews.com - May 25 at 8:26 PM |
| FreightCar America, Inc. : RAIL-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 19, 2017
finance.yahoo.com - May 19 at 12:18 PM |
| FreightCar America (RAIL) Shares March Higher, Can It Continue?
finance.yahoo.com - May 12 at 8:16 PM |
| New Strong Buys at New Highs Breaking Out Today
finance.yahoo.com - May 11 at 7:56 PM |
| FreightCar America, Inc. (RAIL) Upgraded to Strong-Buy by Zacks Investment Research
www.americanbankingnews.com - May 10 at 7:26 AM |
| FreightCar America, Inc. to Issue Quarterly Dividend of $0.09 (RAIL)
www.americanbankingnews.com - May 8 at 6:43 PM |
| Edited Transcript of RAIL earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 5 at 12:41 AM |
| Freightcar America posts 1Q profit
finance.yahoo.com - May 4 at 8:37 AM |
| Investor Network: FreightCar America, Inc. to Host Earnings Call
finance.yahoo.com - May 4 at 8:37 AM |
| FreightCar America, Inc. Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 7:32 PM |
| Favorable Press Coverage Extremely Likely to Affect FreightCar America (RAIL) Share Price
www.americanbankingnews.com - May 3 at 11:20 AM |
| FreightCar America (RAIL) Earning Somewhat Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 30 at 3:27 PM |
Freightcar America (RAIL) Chart for Friday, September, 22, 2017
