GATX - GATX Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GATX in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GATX shares.
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4 Wall Street analysts have issued 12 month target prices 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 year. This suggests a possible upside of 10.2% 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 0.1% and is now trading at $106.49.
View the best growth stocks for 2023 here.

GATX saw a decline in short interest in February. As of February 15th, there was short interest totaling 1,810,000 shares, a decline of 10.8% from the January 31st total of 2,030,000 shares. Based on an average daily trading volume, of 127,000 shares, the days-to-cover ratio is presently 14.3 days. Approximately 5.2% 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 Wednesday, April 19th 2023.
View our GATX earnings forecast.

GATX Co. (NYSE:GATX) released its 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 had revenue of $322.70 million for 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 quarter in the prior year, the firm posted $1.69 EPS.

GATX declared a quarterly dividend on Friday, January 27th. Stockholders 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 2.07%. 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.

ETFs with the largest weight of GATX (NYSE:GATX) stock in their portfolio include Invesco S&P MidCap Low Volatility ETF (XMLV), ProShares Russell 2000 Dividend Growers ETF (SMDV), Avantis U.S. Small Cap Value ETF (AVUV), Qraft AI-Enhanced Next Value ETF (NVQ), VictoryShares US Small Mid Cap Value Momentum ETF (USVM), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), Nuveen ESG Small-Cap ETF (NUSC) and Sterling Capital Diverse Multi-Manager Active ETF (DEIF).

GATX (NYSE:GATX) pays an annual dividend of $2.20 per share and currently has a dividend yield of 2.11%. 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 50.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GATX will have a dividend payout ratio of 31.12% 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 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 variety of institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (7.54%), Dimensional Fund Advisors LP (6.97%), Gamco Investors INC. ET AL (4.36%), Gamco Investors INC. ET AL (4.36%), Gabelli Funds LLC (3.50%) and Bank of America Corp DE (2.77%). 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, 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 $106.49.

GATX (NYSE:GATX) has a market capitalization of $3.76 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 1,904 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.