GATX (GATX) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GATX in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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.

5 analysts have issued 12 month price objectives for GATX's shares. Their GATX share price forecasts range from $122.00 to $145.00. On average, they expect the company's share price to reach $136.50 in the next year. This suggests a possible upside of 26.8% from the stock's current price.
View analysts price targets for GATX or view top-rated stocks among Wall Street analysts.

GATX's stock was trading at $106.34 on January 1st, 2023. Since then, GATX shares have increased by 1.3% and is now trading at $107.68.
View the best growth stocks for 2023 here.

GATX saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,630,000 shares, an increase of 7.2% from the August 31st total of 1,520,000 shares. Based on an average daily volume of 130,800 shares, the days-to-cover ratio is currently 12.5 days. Approximately 4.7% of the company's shares are short sold.
View GATX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our GATX earnings forecast.

GATX Co. (NYSE:GATX) released its quarterly earnings data on Tuesday, July, 25th. The transportation company reported $1.73 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.12. The transportation company earned $343.20 million during the quarter, compared to analysts' expectations of $338.02 million. GATX had a net margin of 16.46% and a trailing twelve-month return on equity of 11.48%. GATX's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.07 earnings per share.

GATX announced a quarterly dividend on Friday, July 28th. Investors of record on Friday, September 15th will be paid a dividend of $0.55 per share on Saturday, September 30th. This represents a $2.20 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, September 14th.
Read our dividend analysis for GATX.

ETFs with the largest weight of GATX (NYSE:GATX) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco S&P MidCap Low Volatility ETF (XMLV), Avantis U.S. Small Cap Value ETF (AVUV), VictoryShares US Small Mid Cap Value Momentum ETF (USVM), Vanguard Russell 2000 Value Index Fund (VTWV), iShares Russell 2000 Value ETF (IWN), Timothy Plan US Small Cap Core ETF (TPSC) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF).

GATX (NYSE:GATX) pays an annual dividend of $2.20 per share and currently has a dividend yield of 2.02%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 36.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GATX will have a dividend payout ratio of 31.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GATX.

GATX issued an update on its FY 2023 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of $6.90- for the period, compared to the consensus estimate of $6.87. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other GATX investors own include Dominion Energy (D), Gilead Sciences (GILD), Valero Energy (VLO), Wells Fargo & Company (WFC), International Business Machines (IBM), Occidental Petroleum (OXY), Exxon Mobil (XOM), ConocoPhillips (COP) and Cisco Systems (CSCO).

GATX trades on the New York Stock Exchange (NYSE) under the ticker symbol "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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GATX stock can currently be purchased for approximately $107.68.

GATX (NYSE:GATX) has a market capitalization of $3.81 billion and generates $1.27 billion in revenue each year. The transportation company earns $155.90 million in net income (profit) each year or $6.07 on an earnings per share basis.

The company employs 1,904 workers across the globe.

GATX's mailing address is 233 SOUTH WACKER DRIVE, CHICAGO IL, 60606. The official website for the company is www.gatx.com. The transportation company can be reached via phone at (312) 621-6200, via email at ir@gatx.com, or via fax at 312-621-6648.