GATX (GATX) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GATX in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.
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3 analysts have issued 12-month target prices for GATX's shares. 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 a possible upside of 7.8% 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 $120.22 at the start of the year. Since then, GATX shares have increased by 4.1% and is now trading at $125.20.
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GATX saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,130,000 shares, a decline of 8.1% from the March 15th total of 1,230,000 shares. Based on an average daily trading volume, of 140,700 shares, the days-to-cover ratio is presently 8.0 days. Approximately 3.2% of the shares of the stock are sold short.
View GATX's Short Interest.

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

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

GATX announced a quarterly dividend on Friday, January 26th. Investors of record on Friday, March 1st will be paid a dividend of $0.58 per share on Sunday, March 31st. This represents a $2.32 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Thursday, February 29th. This is a boost from the stock's previous quarterly dividend of $0.55.
Read our dividend analysis for GATX.

GATX (NYSE:GATX) pays an annual dividend of $2.32 per share and currently has a dividend yield of 1.84%. 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 29.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GATX.

ETFs with the largest weight of GATX (NYSE:GATX) stock in their portfolio include Invesco S&P MidCap Low Volatility ETF (XMLV), AlphaMark Actively Managed Small Cap ETF (SMCP), ProShares Russell 2000 Dividend Growers ETF (SMDV), Avantis U.S. Small Cap Value ETF (AVUV), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV), Dimensional US Small Cap Value ETF (DFSV), Timothy Plan US Small Cap Core ETF (TPSC) and iShares Russell 2000 Value ETF (IWN).

GATX updated its FY 2024 earnings guidance on Tuesday, April, 23rd. The company provided earnings per share (EPS) guidance of 7.300-7.700 for the period, compared to the consensus estimate of 7.560. 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's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.92%), Community Bank of Raymore (0.17%), Fifth Third Bancorp (0.10%), Rice Hall James & Associates LLC (0.07%), Allspring Global Investments Holdings LLC (0.06%) and Amalgamated Bank (0.05%). Insiders that own company stock include Aken Jennifer Van, Brian A Kenney, Brian A Kenney, Deborah A Golden, Deborah A Golden, James M Conniff, James M Conniff, 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.
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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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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