NYSE:TGH

Textainer Group (TGH) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$49.99
$49.99
50-Day Range
$49.69
$50.15
52-Week Range
$30.22
$50.15
Volume
N/A
Average Volume
675,690 shs
Market Capitalization
$2.12 billion
P/E Ratio
11.55
Dividend Yield
2.40%
Price Target
$47.50

Textainer Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.0% Downside
$47.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.34
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
13.91%
From $4.89 to $5.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.65 out of 5 stars

Transportation Sector

104th out of 110 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

12th out of 12 stocks

TGH stock logo

About Textainer Group Stock (NYSE:TGH)

Textainer Group Holdings Limited, through its subsidiaries, engages in the purchase, ownership, management, leasing, and disposal of a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company's containers include standard and specialized dry freight, and refrigerated containers, as well as other special-purpose containers, which include tank, 45', pallet-wide, and other types of containers. It also provides container management, acquisition, and disposal services to affiliated and unaffiliated container investors. In addition, the company is involved in the sale of containers from its fleet, as well as purchase, lease, or resale of containers from shipping line customers, container traders, and other sellers of containers. It operates a fleet of approximately 2.7 million containers representing 4.4 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the U.S. military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.

TGH Stock News Headlines

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TGH Apr 2024 55.000 put
Stonepeak Completes Acquisition of Textainer
Exposed: 10 CENT Crypto to Explode April 20th?
Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than Bitcoin
Textainer Group Holdings Limited (TGH-PB)
Textainer Shareholders Approve Acquisition By Stonepeak - Quick Facts
TGH Mar 2024 50.000 call
Textainer Group Holdings Ltd.
Lisa P. Young Appointed to Valo's Board of Directors
Textainer Announces Expiration of “Go-Shop” Period
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
4/23/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Trading Companies & Distributors
CUSIP
G8766E10
Employees
162
Year Founded
1979

Price Target and Rating

Average Stock Price Target
$47.50
High Stock Price Target
$50.00
Low Stock Price Target
$45.00
Potential Upside/Downside
-5.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$204.67 million
Pretax Margin
25.77%

Debt

Sales & Book Value

Annual Sales
$770.39 million
Cash Flow
$12.05 per share
Book Value
$39.66 per share

Miscellaneous

Free Float
40,659,000
Market Cap
$2.12 billion
Optionable
Optionable
Beta
1.01

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Key Executives

  • Mr. Olivier Ghesquiere (Age 57)
    President, CEO & Director
    Comp: $1.36M
  • Mr. Michael K. Chan (Age 61)
    Executive VP & CFO
    Comp: $763.73k
  • Mr. Joaquim G. Figueira
    Vice President of Corporate Operations & Procurement
  • Mr. Gregory W. Coan (Age 60)
    Senior VP & Chief Information Officer
  • Tamara Bakarian
    Director of Investor Relations
  • Mr. Daniel W. Cohen Esq.
    VP & General Counsel
  • Mr. Philippe Wendling
    Senior Vice President of Marketing
  • Adam H. Hopkin
    Company Secretary

TGH Stock Analysis - Frequently Asked Questions

Should I buy or sell Textainer Group stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Textainer Group in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TGH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TGH, but not buy additional shares or sell existing shares.
View TGH analyst ratings
or view top-rated stocks.

What is Textainer Group's stock price target for 2024?

2 Wall Street analysts have issued 12-month price objectives for Textainer Group's shares. Their TGH share price targets range from $45.00 to $50.00. On average, they expect the company's share price to reach $47.50 in the next year. This suggests that the stock has a possible downside of 5.0%.
View analysts price targets for TGH
or view top-rated stocks among Wall Street analysts.

When is Textainer Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our TGH earnings forecast
.

How were Textainer Group's earnings last quarter?

Textainer Group Holdings Limited (NYSE:TGH) issued its quarterly earnings data on Tuesday, February, 13th. The transportation company reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.08. The transportation company earned $190.10 million during the quarter, compared to analyst estimates of $195.71 million. Textainer Group had a net margin of 26.57% and a trailing twelve-month return on equity of 12.86%. The firm's quarterly revenue was down 6.3% on a year-over-year basis.

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

Textainer Group declared a quarterly dividend on Tuesday, February 13th. Investors of record on Friday, March 1st will be given a dividend of $0.30 per share on Friday, March 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.40%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for TGH
.

Is Textainer Group a good dividend stock?

Textainer Group (NYSE:TGH) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.40%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGH will have a dividend payout ratio of 21.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TGH.

What ETF holds Textainer Group's stock?

AdvisorShares Dorsey Wright Micro-Cap ETF holds 1,102 shares of TGH stock, representing 0.92% of its portfolio.

What is Antonius Wagner's approval rating as Textainer Group's CEO?

6 employees have rated Textainer Group Chief Executive Officer Antonius Wagner on Glassdoor.com. Antonius Wagner has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Textainer Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Textainer Group investors own include Intersect ENT (XENT), SEASPAN CORP/SH SH (SSW), iShares MSCI Brazil ETF (EWZ), Costamare (CMRE), Nordic American Tankers (NAT), Mimecast (MIME), AT&T (T), Walt Disney (DIS), Kinder Morgan (KMI) and NVIDIA (NVDA).

This page (NYSE:TGH) was last updated on 4/23/2024 by MarketBeat.com Staff

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