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NYSE:GATX

GATX - GATX Stock Forecast, Price & News

$102.68
-1.97 (-1.88%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$101.74
$104.68
50-Day Range
$91.31
$105.94
52-Week Range
$84.50
$127.58
Volume
89,150 shs
Average Volume
184,826 shs
Market Capitalization
$3.62 billion
P/E Ratio
20.66
Dividend Yield
1.99%
Price Target
$120.67

GATX MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.5% Upside
$120.67 Price Target
Short Interest
Bearish
7.28% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.76%
From $5.95 to $6.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Transportation Sector

64th out of 125 stocks

Transportation Services Industry

9th out of 15 stocks

GATX stock logo

About GATX (NYSE:GATX) Stock

GATX Corporation operates as railcar leasing company in the United States and internationally. The company operates through three segments: Rail North America, Rail International, and Portfolio Management. It leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries. The company also offers 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 operations, exterior blast and painting, and car stenciling. In addition, it leases aircraft spare engines, directly-owned aircraft spare engines, and five liquefied gas-carrying vessels, as well as manages portfolios of assets for third parties. The company owns a fleet of approximately 147,000 railcars; 539 four-axle and 29 six-axle locomotives; and 5 vessels. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.

Wall Street Analyst Weigh In

GATX has been the subject of a number of recent research reports. Susquehanna Bancshares lowered their price objective on shares of GATX from $122.00 to $112.00 in a report on Friday, July 22nd. StockNews.com lowered shares of GATX from a "buy" rating to a "hold" rating in a report on Friday, July 22nd.

GATX Stock Performance

GATX Stock traded down $2.16 during midday trading on Wednesday, hitting $102.49. The stock had a trading volume of 787 shares, compared to its average volume of 143,477. The firm's fifty day moving average is $96.52 and its two-hundred day moving average is $106.29. The company has a market capitalization of $3.62 billion, a PE ratio of 20.61 and a beta of 0.99. GATX has a 52-week low of $84.50 and a 52-week high of $127.58. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 3.02.

GATX (NYSE:GATX - Get Rating) last announced its quarterly earnings data on Thursday, July 21st. The transportation company reported $1.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.24 by ($0.17). GATX had a net margin of 14.20% and a return on equity of 10.94%. The company had revenue of $312.70 million for the quarter, compared to analysts' expectations of $323.70 million. During the same period last year, the business earned $1.35 earnings per share. The company's quarterly revenue was down 1.5% compared to the same quarter last year. On average, research analysts forecast that GATX will post 5.95 EPS for the current year.

GATX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date is Wednesday, September 14th. GATX's dividend payout ratio (DPR) is currently 41.85%.

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GATX Stock News Headlines

Form 424B5 GATX CORP - StreetInsider.com
Susquehanna Cuts GATX (NYSE:GATX) Price Target to $112.00
GATX (NYSE:GATX) Downgraded by StockNews.com
Why Gatx (GATX) is a Great Dividend Stock Right Now
Gatx: Q2 Earnings Snapshot - Greenwich Time
GATX Corporation Reports 2022 Second-Quarter Results
GATX Q2 2022 Earnings Preview - Seeking Alpha
See More Headlines
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GATX Company Calendar

Ex-Dividend for 6/30 Dividend
6/14/2022
Dividend Payable
6/30/2022
Last Earnings
7/21/2022
Today
8/17/2022
Ex-Dividend for 9/30 Dividend
9/14/2022
Dividend Payable
9/30/2022
Next Earnings (Estimated)
10/20/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
Trading Companies & Distributors
CUSIP
36144810
Employees
1,863
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$120.67
High Stock Price Forecast
$130.00
Low Stock Price Forecast
$112.00
Forecasted Upside/Downside
+17.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$143.10 million
Pretax Margin
16.06%

Debt

Sales & Book Value

Annual Sales
$1.26 billion
Cash Flow
$15.72 per share
Book Value
$56.13 per share

Miscellaneous

Free Float
34,241,000
Market Cap
$3.62 billion
Optionable
Optionable
Beta
0.99














GATX Stock - Frequently Asked Questions

Should I buy or sell GATX stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GATX in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GATX shares.
View GATX analyst ratings
or view top-rated stocks.

What is GATX's stock price forecast for 2022?

2 analysts have issued 12 month price objectives for GATX's stock. Their GATX share price forecasts range from $112.00 to $130.00. On average, they predict the company's share price to reach $120.67 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price.
View analysts price targets for GATX
or view top-rated stocks among Wall Street analysts.

How have GATX shares performed in 2022?

GATX's stock was trading at $104.19 at the start of the year. Since then, GATX shares have decreased by 1.4% and is now trading at $102.68.
View the best growth stocks for 2022 here
.

When is GATX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our GATX earnings forecast
.

How were GATX's earnings last quarter?

GATX Co. (NYSE:GATX) posted its quarterly earnings data on Thursday, July, 21st. The transportation company reported $1.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.24 by $0.17. The transportation company earned $312.70 million during the quarter, compared to analysts' expectations of $323.70 million. GATX had a trailing twelve-month return on equity of 10.94% and a net margin of 14.20%. GATX's revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.35 earnings per share.

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

GATX declared a quarterly dividend on Friday, July 29th. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.52 per share on Friday, September 30th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date is Wednesday, September 14th.
Read our dividend analysis for GATX
.

Is GATX a good dividend stock?

GATX (NYSE:GATX) pays an annual dividend of $2.08 per share and currently has a dividend yield of 1.99%. 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 41.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GATX will have a dividend payout ratio of 31.28% 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 issued an update on its FY 2022 earnings guidance on Friday, July, 29th. The company provided earnings per share (EPS) guidance of $5.60-$6.00 for the period, compared to the consensus estimate of $5.76. The company issued revenue guidance of -.

What other stocks do shareholders of GATX own?
What is GATX's stock symbol?

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

Who are GATX's major shareholders?

GATX's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (4.54%), State Street Corp (3.17%), Northern Trust Corp (1.98%), Clearbridge Investments LLC (1.87%), Vaughan Nelson Investment Management L.P. (1.43%) and Sei Investments Co. (1.17%). Insiders that own company stock include Amita Shetty, Brian A Kenney, Brian A Kenney, Deborah A Golden, Deborah A Golden, James M Conniff, James M Conniff, Jeffery R Young, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is GATX's stock price today?

One share of GATX stock can currently be purchased for approximately $102.68.

How much money does GATX make?

GATX (NYSE:GATX) has a market capitalization of $3.62 billion and generates $1.26 billion in revenue each year. The transportation company earns $143.10 million in net income (profit) each year or $4.97 on an earnings per share basis.

How many employees does GATX have?

The company employs 1,863 workers across the globe.

How can I contact GATX?

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.

This page (NYSE:GATX) was last updated on 8/17/2022 by MarketBeat.com Staff

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