GATX - GATX Stock Forecast, Price & News

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.

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.

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

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.

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.

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.

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 -.

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."

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.
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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 $102.68.

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.

The company employs 1,863 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.