CAI International Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CAI International in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CAI International stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAI, but not buy additional shares or sell existing shares.
View analyst ratings for CAI International or view top-rated stocks.

Wall Street analysts have given CAI International a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but CAI International wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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CAI International saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 600,100 shares, an increase of 28.5% from the June 30th total of 467,100 shares. Based on an average daily volume of 455,200 shares, the days-to-cover ratio is presently 1.3 days. Approximately 3.8% of the company's shares are sold short.
View CAI International's Short Interest.

CAI International is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for CAI International.

CAI International, Inc. (NYSE:CAI) posted its quarterly earnings results on Thursday, April, 29th. The transportation company reported $1.85 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.19. The transportation company earned $80.80 million during the quarter, compared to the consensus estimate of $83.36 million. CAI International had a trailing twelve-month return on equity of 17.51% and a net margin of 20.43%.
View CAI International's earnings history.

CAI International's stock was trading at $18.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CAI stock has increased by 203.8% and is now trading at $55.83.
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CAI International announced a quarterly dividend on Thursday, April 29th. Investors of record on Thursday, June 10th will be given a dividend of $0.30 per share on Friday, June 25th. This represents a $1.20 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date is Wednesday, June 9th.
View CAI International's dividend history.

CAI International pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.14%. CAI International does not yet have a strong track record of dividend growth. The dividend payout ratio of CAI International is 23.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAI International will have a dividend payout ratio of 14.65% next year. This indicates that CAI International will be able to sustain or increase its dividend.
View CAI International's dividend history.

3 brokerages have issued twelve-month price targets for CAI International's stock. Their forecasts range from $56.00 to $60.00. On average, they expect CAI International's share price to reach $58.00 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
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Some companies that are related to CAI International include Rent-A-Center (RCII), Triton International (TRTN), PROG (PRG), Custom Truck One Source (CTOS), McGrath RentCorp (MGRC), Textainer Group (TGH), The Aaron's (AAN), FinServ Acquisition (FSRV), Katapult (KPLT), Black Diamond Group (BDIMF), Exterran (EXTN), Quest Resource (QRHC), FlexShopper (FPAY), AeroCentury (ACY) and Aly Energy Services (ALYE).
View all of CAI's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CAI International investors own include Micron Technology (MU), Terex (TEX), AT&T (T), Tesla (TSLA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Freeport-McMoRan (FCX), SentinelOne (S), Starbucks (SBUX) and Visa (V).

CAI International trades on the New York Stock Exchange (NYSE) under the ticker symbol "CAI."

Shares of CAI 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.
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One share of CAI stock can currently be purchased for approximately $55.83.

CAI International has a market capitalization of $965.86 million and generates $294.01 million in revenue each year. The transportation company earns $27.73 million in net income (profit) each year or $5.06 on an earnings per share basis.

CAI International employs 99 workers across the globe.

The official website for CAI International is www.capps.com.

CAI International is headquartered at Steuart Tower 1 Market Plaza Suite 900, San Francisco CA, 94105.

CAI International's mailing address is Steuart Tower 1 Market Plaza Suite 900, San Francisco CA, 94105. The transportation company can be reached via phone at 415-788-0100.