NYSE:GATXGATX Stock Price, Forecast & News

$71.30

+4.37 (+6.53 %)

(As of 06/5/2020 11:57 AM ET)

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Today's Range

$69.23

Now: $71.30▼

$71.45

50-Day Range

$53.04

MA: $58.79▼

$66.65

52-Week Range

$50.69

Now: $71.30▼

$86.01

Volume11,776 shs

Average Volume233,931 shs

Market Capitalization$2.49 billion

P/E Ratio11.86

Dividend Yield2.95%

Beta1.07

GATX Corporation leases, operates, manages, and remarkets assets in the rail and marine markets worldwide. The company operates through four segments: Rail North America, Rail International, Portfolio Management, and American Steamship Company (ASC). The Rail North America segment primarily leases railcars and locomotives. This segment also offers services, including the interior cleaning of railcars, the 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. The Rail International segment leases railcars, as well as offers repair, regulatory compliance, and modernization works for railcars. The Portfolio Management segment is involved in leasing, marine, and asset remarketing operations, as well as manages portfolios of assets for third parties. The ASC segment operates a fleet of vessels that provide waterborne transportation of dry bulk commodities, such as iron ore, coal, limestone aggregates, and metallurgical limestone for the steel making, automobile manufacturing, electricity generation, and non-residential construction markets. As of December 31, 2018, it operated a fleet of 148,000 railcars; 644 four-axle and 36 six-axle locomotives; and 12 vessels. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.

Beat the Market (BTM) Rank^™

1.2 Analyst's Opinion

Consensus Rating
GATX has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $73.33, GATX has a potential upside of 3.8% from its current price of $70.68.
Amount of Analyst Coverage
GATX has only been the subject of 2 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
GATX has received 311 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
GATX has received 397 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
GATX has received 56.07% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about GATX and other stocks. Vote “Outperform” if you believe GATX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GATX will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
GATX is a leading dividend payer. It pays a dividend yield of 2.95%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
GATX has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of GATX is 34.85 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, GATX will have a dividend payout ratio of 45.71 % next year. This indicates that GATX will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GATX insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.00% of the stock of GATX is held by insiders.

1.9 Earnings and Valuation

Earnings Growth
Earnings for GATX are expected to grow by 2.44% in the coming year, from $4.10 to $4.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GATX is 11.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of GATX is 11.76, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 15.28.
Price to Book Value per Share Ratio
GATX has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.72 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Transportation services

Sub-IndustryTrading Companies & Distributors

SectorTransportation

Current SymbolNYSE:GATX

Previous SymbolNYSE:GMT

CUSIP36144810

CIK40211

Webwww.gatx.com

Phone312-621-6200

Debt

Debt-to-Equity Ratio3.12

Current Ratio5.87

Quick Ratio5.87

Price-To-Earnings

Trailing P/E Ratio11.86

Forward P/E Ratio17.39

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.39 billion

Price / Sales1.79

Cash Flow$16.98 per share

Price / Cash Flow4.20

Book Value$52.28 per share

Price / Book1.36

Profitability

EPS (Most Recent Fiscal Year)$5.51

Net Income$211.20 million

Net Margins15.59%

Return on Equity11.26%

Return on Assets2.45%

Miscellaneous

Employees2,165

Outstanding Shares34,900,000

Market Cap$2.49 billion

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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GATX (NYSE:GATX) Frequently Asked Questions

How has GATX's stock been impacted by COVID-19 (Coronavirus)?

GATX's stock was trading at $60.35 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GATX stock has increased by 17.1% and is now trading at $70.68. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of GATX?

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, resulting in a consensus recommendation of "Hold." View analyst ratings for GATX.

When is GATX's next earnings date?

GATX is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for GATX.

How were GATX's earnings last quarter?

GATX Co. (NYSE:GATX) posted its quarterly earnings data on Monday, May, 4th. The transportation company reported $1.31 EPS for the quarter, beating the Zacks' consensus estimate of $1.24 by $0.07. The transportation company had revenue of $308.90 million for the quarter, compared to analysts' expectations of $310.20 million. GATX had a net margin of 15.59% and a return on equity of 11.26%. The company's quarterly revenue was down 2.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.12 EPS. View GATX's earnings history.

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

GATX announced a quarterly dividend on Monday, April 27th. Stockholders of record on Monday, June 15th will be given a dividend of $0.48 per share on Tuesday, June 30th. This represents a $1.92 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Friday, June 12th. View GATX's dividend history.

What price target have analysts set for GATX?

3 analysts have issued 1 year price targets for GATX's stock. Their forecasts range from $65.00 to $80.00. On average, they anticipate GATX's stock price to reach $73.33 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View analysts' price targets for GATX.

Has GATX been receiving favorable news coverage?

Press coverage about GATX stock has been trending somewhat negative on Friday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. GATX earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned news headlines about the transportation company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutGATX.

Who are some of GATX's key competitors?

Some companies that are related to GATX include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), MSC Industrial Direct (MSM), Applied Industrial Technologies (AIT), Beacon Roofing Supply (BECN), WESCO International (WCC), Rush Enterprises (RUSHA), Kaman (KAMN), H&E Equipment Services (HEES), Textainer Group (TGH), MRC Global (MRC) and DXP Enterprises (DXPE). View all competitors.

What other stocks do shareholders of GATX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GATX investors own include Gilead Sciences (GILD), Valero Energy (VLO), Wells Fargo & Co (WFC), Dominion Energy (D), Occidental Petroleum (OXY), Exxon Mobil (XOM), Marathon Petroleum (MPC), NVIDIA (NVDA), Pfizer (PFE) and Procter & Gamble (PG).

Who are GATX's key executives?

GATX's management team includes the following people:

Mr. Brian A. Kenney, Chairman, Pres & CEO (Age 60)
Mr. Thomas A. Ellman, Exec. VP & CFO (Age 50)
Ms. Deborah A. Golden, Exec. VP, Gen. Counsel & Corp. Sec. (Age 64)
Mr. Robert C. Lyons, Exec. VP & Pres of Rail North America (Age 55)
Mr. Paul F. Titterton, Sr. VP & COO of Rail North America (Age 43)

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 investors include BlackRock Inc. (13.80%), Wellington Management Group LLP (5.91%), Gamco Investors INC. ET AL (5.84%), Janus Henderson Group PLC (4.65%), Gabelli Funds LLC (4.42%) and State Street Corp (3.33%). Company insiders that own GATX stock include Amita Shetty, Brian A Kenney, Deborah A Golden, James M Conniff, Jeffery R Young, Michael T Brooks, Robert C Lyons, Robert Zmudka, Thomas A Ellman and William M Muckian. View institutional ownership trends for GATX.

Which institutional investors are selling GATX stock?

GATX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., KBC Group NV, Clearbridge Investments LLC, Gabelli Funds LLC, Principal Financial Group Inc., AQR Capital Management LLC, Russell Investments Group Ltd., and Prudential PLC. Company insiders that have sold GATX company stock in the last year include Amita Shetty, James M Conniff, Robert C Lyons, Robert Zmudka, and William M Muckian. View insider buying and selling activity for GATX.

Which institutional investors are buying GATX stock?

GATX stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Janus Henderson Group PLC, Wellington Management Group LLP, Natixis Advisors L.P., Geode Capital Management LLC, Invesco Ltd., JPMorgan Chase & Co., and SG Americas Securities LLC. View insider buying and selling activity for GATX.

How do I buy shares of GATX?

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

What is GATX's stock price today?

One share of GATX stock can currently be purchased for approximately $70.68.

How big of a company is GATX?

GATX has a market capitalization of $2.47 billion and generates $1.39 billion in revenue each year. The transportation company earns $211.20 million in net income (profit) each year or $5.51 on an earnings per share basis. GATX employs 2,165 workers across the globe.

What is GATX's official website?

The official website for GATX is www.gatx.com.

How can I contact GATX?

GATX's mailing address is 233 SOUTH WACKER DRIVE, CHICAGO IL, 60606. The transportation company can be reached via phone at 312-621-6200 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff