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, August 7th. Shareholders of record on Thursday, August 17th will be given 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 1.97%. The ex-dividend date of this dividend is Tuesday, August 15th. View Freightcar America's Dividend History.

Freightcar America, Inc. (NASDAQ:RAIL) issued its earnings results on Wednesday, August, 2nd. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of ($0.04). The firm earned $118.67 million during the quarter, compared to analyst estimates of $108.43 million. Freightcar America had a return on equity of 1.61% and a net margin of 0.06%. The business's revenue was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.04) earnings per share. View Freightcar America's Earnings History.

Freightcar America is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Freightcar America.

3 equities research analysts have issued twelve-month price targets for Freightcar America's stock. Their forecasts range from $13.00 to $17.00. On average, they expect Freightcar America's stock price to reach $15.00 in the next year. 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. " (8/9/2017)
• 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 Capital Product Partners L.P. (CPLP), Diana Shipping inc. (DSX), Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK), Fly Leasing Limited (FLY), YRC Worldwide (YRCW), Echo Global Logistics (ECHO), Teekay Offshore Partners L.P. (TOO), Covenant Transportation Group (CVTI), Tsakos Energy Navigation Ltd (TNP), Dorian LPG (LPG), Eagle Bulk Shipping (EGLE), Safe Bulkers (SB), Green Plains Partners LP (GPP), Navios Maritime Partners LP (NMM), Bristow Group (BRS), Roadrunner Transportation Systems (RRTS), Ardmore Shipping Corporation (ASC) and Radiant Logistics (RLGT).

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

Freightcar America's stock is owned by a number of of institutional and retail 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.

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.

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.

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 $18.30.