GATX - GATX Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GATX in the last twelve months. There are currently 2 hold ratings and 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.

4 brokers have issued 1 year target prices for GATX's shares. Their GATX share price forecasts range from $112.00 to $130.00. On average, they predict the company's stock price to reach $120.50 in the next twelve months. This suggests a possible upside of 5.3% 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 on January 1st, 2023. Since then, GATX stock has increased by 7.6% and is now trading at $114.45.
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GATX saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 2,150,000 shares, a decrease of 8.1% from the December 15th total of 2,340,000 shares. Based on an average daily volume of 131,100 shares, the short-interest ratio is currently 16.4 days. Currently, 6.2% of the company's shares 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) issued its quarterly earnings data on Tuesday, January, 24th. The transportation company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.16. The transportation company had revenue of $322.70 million for the quarter, compared to analysts' expectations of $327.63 million. GATX had a net margin of 12.25% and a trailing twelve-month return on equity of 10.87%. GATX's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.69 earnings per share.

GATX announced a quarterly dividend on Friday, January 27th. Shareholders 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 annualized dividend and a yield of 1.92%. The ex-dividend date is Thursday, March 2nd. This is a positive change 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 1.83%. The company has been increasing its dividend for 12 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 updated its FY 2023 earnings guidance on Tuesday, January, 24th. The company provided earnings per share (EPS) guidance of $6.50-$6.90 for the period, compared to the consensus 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 a number of retail and institutional 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%), Community Bank of Raymore (0.22%) and Goelzer Investment Management Inc. (0.17%). 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 $114.45.

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.