GATX (GATX) Stock Price, News & Analysis

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. The consensus among Wall Street 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 targets range from $120.00 to $142.00. On average, they anticipate the company's share price to reach $134.50 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
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GATX's stock was trading at $120.22 at the start of the year. Since then, GATX shares have increased by 8.1% and is now trading at $129.97.
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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 trading volume of 140,700 shares, the days-to-cover ratio is presently 8.0 days. Currently, 3.2% 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 Tuesday, April 23rd 2024.
View our GATX earnings forecast.

GATX will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "2548217".

GATX Co. (NYSE:GATX) posted its earnings results on Tuesday, January, 23rd. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.58 by $0.16. The transportation company earned $368.70 million during the quarter, compared to the consensus estimate of $365.32 million. GATX had a net margin of 18.37% and a trailing twelve-month return on equity of 11.81%. The company's revenue was up 14.3% on a year-over-year basis. During the same quarter last year, the company posted $1.54 earnings per share.

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 annualized dividend and a yield of 1.79%. 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 1.81%. 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 32.45%. 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), iShares Russell 2000 Value ETF (IWN) and Timothy Plan US Small Cap Core ETF (TPSC).

GATX issued an update on its FY 2024 earnings guidance on Tuesday, January, 23rd. The company provided earnings per share (EPS) guidance of 7.300-7.700 for the period, compared to the consensus EPS estimate of 7.000. 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 a variety of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (0.92%), Community Bank of Raymore (0.17%), Allspring Global Investments Holdings LLC (0.06%), State of Michigan Retirement System (0.02%), Park Avenue Securities LLC (0.01%) and Kingswood Wealth Advisors LLC (0.01%). 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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