NYSE:CAI - CAI International Stock Price, Forecast & News

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

CAI International announced that its Board of Directors has initiated a stock buyback plan on Monday, October 8th 2018, which allows the company to repurchase 3,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.

CAI International Inc (NYSE:CAI) posted its quarterly earnings data on Tuesday, October, 29th. The transportation company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by $1.12. The transportation company earned $107.60 million during the quarter, compared to the consensus estimate of $108.04 million. CAI International had a net margin of 9.68% and a return on equity of 11.43%. The firm's revenue for the quarter was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.03 EPS. View CAI International's Earnings History.

CAI International is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for CAI International.

3 brokerages have issued 1 year price objectives for CAI International's stock. Their forecasts range from $24.00 to $29.00. On average, they expect CAI International's stock price to reach $26.50 in the next twelve months. This suggests that the stock has a possible downside of 8.0%. View Analyst Price Targets for CAI International.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CAI International in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for CAI International.

Media headlines about CAI stock have trended very negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. CAI International earned a news impact score of -3.0 on InfoTrie's scale. They also gave headlines about the transportation company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for CAI International.

CAI International saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 539,200 shares, a decrease of 6.1% from the January 15th total of 574,400 shares. Based on an average daily volume of 113,300 shares, the short-interest ratio is presently 4.8 days. Currently, 3.3% of the shares of the company are short sold. View CAI International's Current Options Chain.

Some companies that are related to CAI International include McGrath RentCorp (MGRC), Rent-A-Center (RCII), Textainer Group (TGH), General Finance (GFN), Exterran (EXTN), Black Diamond Group (BDIMF), FlexShopper (FPAY), Quest Resource (QRHC), MITCHAM INDUSTR/SH (MIND) and Aly Energy Services (ALYE).

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

CAI International's stock is owned by many different of institutional and retail investors. Top institutional investors include Pacific Ridge Capital Partners LLC (1.86%), Prudential Financial Inc. (1.38%), Blair William & Co. IL (1.26%), Sei Investments Co. (1.15%), LSV Asset Management (1.05%) and Donald Smith & CO. Inc. (1.00%). Company insiders that own CAI International stock include Andrew Ogawa, Gary Sawka, Ogawa Family Trust and Victor Garcia. View Institutional Ownership Trends for CAI International.

CAI stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Bank of New York Mellon Corp, Connor Clark & Lunn Investment Management Ltd., California Public Employees Retirement System, Prudential Financial Inc., Bank of America Corp DE, Citigroup Inc. and Swiss National Bank. View Insider Buying and Selling for CAI International.

CAI stock was acquired by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Assenagon Asset Management S.A., Barrow Hanley Mewhinney & Strauss LLC, Cooper Creek Partners Management LLC, Sei Investments Co., PEAK6 Investments LLC, Pacific Ridge Capital Partners LLC and Goldman Sachs Group Inc.. View Insider Buying and Selling for CAI International.

Shares of CAI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CAI stock can currently be purchased for approximately $28.81.

CAI International has a market capitalization of $502.16 million and generates $432.10 million in revenue each year. The transportation company earns $78.60 million in net income (profit) each year or $3.64 on an earnings per share basis. CAI International employs 261 workers across the globe.View Additional Information About CAI International.

The official website for CAI International is http://www.capps.com/.

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.