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NYSE:GATX

GATX (GATX) Stock Price, News & Analysis

$139.25
+2.01 (+1.46%)
(As of 05/20/2024 ET)
Today's Range
$137.21
$140.10
50-Day Range
$122.23
$139.25
52-Week Range
$97.21
$140.16
Volume
187,029 shs
Average Volume
141,983 shs
Market Capitalization
$4.96 billion
P/E Ratio
19.84
Dividend Yield
1.67%
Price Target
$135.00

GATX MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
3.1% Downside
$135.00 Price Target
Short Interest
Bearish
3.59% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.89mentions of GATX in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$426,406 Sold Last Quarter
Proj. Earnings Growth
3.42%
From $7.61 to $7.87 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.52 out of 5 stars

Transportation Sector

79th out of 111 stocks

Transportation Services Industry

9th out of 15 stocks

GATX stock logo

About GATX Stock (NYSE:GATX)

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries. It also offers maintenance services, including the interior cleaning of railcars, routine maintenance and repair of car body and safety appliances, regulatory compliance works, wheelset replacements, interior blast and lining, exterior blast and painting, and car stenciling services. In addition, the company manufactures commercial aircraft jet engines and leases aircraft spare engines; and owns and manages tank containers that are leased to chemical, industrial gas, energy, food, cryogenic and pharmaceutical industries, and tank container operators, as well as provides tank container sourcing, remarketing, and inspection and maintenance services. As of December 31, 2023, it owned and operated a fleet of approximately 148,500 railcars; 493 four-axle and 30 six-axle locomotives; 399 aircraft spare engines; and 23,931 tank containers. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.

GATX Stock Price History

GATX Stock News Headlines

Short Interest in GATX Co. (NYSE:GATX) Increases By 7.7%
GATX declares $0.58 dividend
GATX Corporation Announces Quarterly Dividend
GATX First Quarter 2024 Earnings: Beats Expectations
Gatx: Q1 Earnings Snapshot
GATX 1Q Revenue Jumps on Strong Demand
GATX Corporation Reports 2024 First-Quarter Results
GATX Q1 2024 Earnings Preview
GATX earnings: here's what Wall Street expects
Atlas O Spring 2024 Premier catalog
See More Headlines
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Company Calendar

Ex-Dividend for 3/31 Dividend
2/29/2024
Dividend Payable
3/31/2024
Last Earnings
4/23/2024
Today
5/21/2024
Ex-Dividend for 6/30 Dividend
6/14/2024
Dividend Payable
6/30/2024
Next Earnings (Estimated)
7/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
Trading Companies & Distributors
CUSIP
36144810
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$135.00
High Stock Price Target
$142.00
Low Stock Price Target
$122.00
Potential Upside/Downside
-3.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$259.20 million
Pretax Margin
16.65%

Debt

Sales & Book Value

Annual Sales
$1.41 billion
Cash Flow
$18.57 per share
Book Value
$64.03 per share

Miscellaneous

Free Float
34,892,000
Market Cap
$4.96 billion
Optionable
Optionable
Beta
1.00
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GATX Stock Analysis - Frequently Asked Questions

Should I buy or sell GATX stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GATX in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GATX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GATX, but not buy additional shares or sell existing shares.
View GATX analyst ratings
or view top-rated stocks.

What is GATX's stock price target for 2024?

3 equities research analysts have issued 1-year price objectives for GATX's stock. Their GATX share price targets range from $122.00 to $142.00. On average, they predict the company's stock price to reach $135.00 in the next year. This suggests that the stock has a possible downside of 3.1%.
View analysts price targets for GATX
or view top-rated stocks among Wall Street analysts.

How have GATX shares performed in 2024?

GATX's stock was trading at $120.22 at the start of the year. Since then, GATX stock has increased by 15.8% and is now trading at $139.25.
View the best growth stocks for 2024 here
.

Are investors shorting GATX?

GATX saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,260,000 shares, an increase of 7.7% from the April 15th total of 1,170,000 shares. Based on an average daily trading volume, of 136,600 shares, the days-to-cover ratio is currently 9.2 days. Approximately 3.6% of the shares of the stock are short sold.
View GATX's Short Interest
.

When is GATX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 23rd 2024.
View our GATX earnings forecast
.

How were GATX's earnings last quarter?

GATX Co. (NYSE:GATX) announced its quarterly earnings results on Tuesday, April, 23rd. The transportation company reported $2.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.72 by $0.29. The transportation company earned $379.90 million during the quarter, compared to analyst estimates of $375.80 million. GATX had a trailing twelve-month return on equity of 11.29% and a net margin of 17.64%. The company's revenue was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.20 earnings per share.

How often does GATX pay dividends? What is the dividend yield for GATX?

GATX announced a quarterly dividend on Friday, April 26th. Investors of record on Friday, June 14th will be paid a dividend of $0.58 per share on Sunday, June 30th. This represents a $2.32 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for GATX
.

Is GATX a good dividend stock?

GATX (NYSE:GATX) pays an annual dividend of $2.32 per share and currently has a dividend yield of 1.69%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GATX will have a dividend payout ratio of 29.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GATX.

What guidance has GATX issued on next quarter's earnings?

GATX updated its FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share guidance of 7.300-7.700 for the period, compared to the consensus EPS estimate of 7.560. The company issued revenue guidance of -.

What other stocks do shareholders of GATX own?
Who are GATX's major shareholders?

GATX's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.98%), Earnest Partners LLC (8.57%), Gamco Investors INC. ET AL (4.00%), Gabelli Funds LLC (3.07%), Sei Investments Co. (2.33%) and Janus Henderson Group PLC (1.61%). Insiders that own company stock include Aken Jennifer Van, Anne L Arvia, Brian A Kenney, Brian A Kenney, Deborah A Golden, Jeffery R Young, Jennifer Mcmanus, John Sbragia, Kevin Hillesland, Necati Gokce Tezel, Niyi Adedoyin, Paul F Titterton, Robert C Lyons, Robert Zmudka and Thomas A Ellman.
View institutional ownership trends
.

How do I buy shares of GATX?

Shares of GATX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GATX) was last updated on 5/21/2024 by MarketBeat.com Staff

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