GATX - GATX Stock Forecast, Price & News

3 Wall Street 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 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.

3 analysts have issued twelve-month price targets for GATX's shares. Their GATX share price forecasts range from $112.00 to $125.00. On average, they anticipate the company's share price to reach $117.33 in the next twelve months. This suggests a possible upside of 2.6% 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 at the beginning of 2023. Since then, GATX shares have increased by 7.6% and is now trading at $114.37.
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GATX saw a drop in short interest during the month of December. As of December 30th, there was short interest totaling 2,150,000 shares, a drop of 8.1% from the December 15th total of 2,340,000 shares. Based on an average daily volume of 131,100 shares, the days-to-cover ratio is presently 16.4 days. Approximately 6.2% of the shares of the company are sold short.
View GATX's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our GATX earnings forecast.

GATX Co. (NYSE:GATX) announced its quarterly earnings results on Tuesday, January, 24th. The transportation company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.38 by $0.16. The transportation company earned $322.70 million during the quarter, compared to analysts' expectations of $327.63 million. GATX had a trailing twelve-month return on equity of 10.87% and a net margin of 12.25%. The company's quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the firm earned $1.69 earnings per share.

GATX announced a quarterly dividend on Friday, January 27th. Investors of record on Friday, March 3rd will be given a dividend of $0.55 per share on Friday, March 31st. This represents a $2.20 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Thursday, March 2nd. This is a boost from the stock's previous quarterly dividend of $0.52.
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 1.78%. 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 47.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GATX will have a dividend payout ratio of 28.03% 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, January, 24th. The company provided earnings per share guidance of $6.50-$6.90 for the period, compared to the consensus EPS estimate of $6.56. 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 many different institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.53%), New York State Common Retirement Fund (0.68%), Peregrine Capital Management LLC (0.36%), Natixis Advisors L.P. (0.34%), ProShare Advisors LLC (0.25%) and Community Bank of Raymore (0.22%). Insiders that own company stock include Aken Jennifer Van, Amita Shetty, Brian A Kenney, Brian A Kenney, Deborah A Golden, Deborah A Golden, James M Conniff, James M Conniff, Jeffery R Young, Jennifer Mcmanus, 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 $114.37.

GATX (NYSE:GATX) has a market capitalization of $4.03 billion and generates $1.27 billion in revenue each year. The transportation company earns $155.90 million in net income (profit) each year or $4.34 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.