About Textainer Group Holdings Limited
Textainer Group Holdings Limited (TGH) is a holding company. The Company is involved in the purchase, ownership, management, leasing and disposal of a fleet of intermodal containers. The Company operates in three segments: Container Ownership, which owned containers accounting for approximately 80% of the Company's fleet; Container Management, which managed containers on behalf of approximately 10 affiliated and unaffiliated container investors, providing acquisition, management and disposal services, and total managed containers accounted for approximately 20% of its fleet, and Container Resale, which sells containers from its fleet when they reach the end of their useful lives in marine service, and also purchases and leases or resells containers from shipping line customers, container traders and other sellers of containers. The Company is a lessor of intermodal containers based on fleet size, with a total fleet of approximately 2.1 million containers.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Rental & Leasing Services
- Sub-Industry: Trading Companies & Distributors
- Exchange: NYSE
- Symbol: TGH
- CUSIP: G8766E10
- Previous Close: $17.05
- 50 Day Moving Average: $12.83
- 200 Day Moving Average: $9.53
- 52-Week Range: $6.90 - $17.60
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 19.76
- P/E Growth: 4.90
- Market Cap: $931.31M
- Outstanding Shares: 56,787,000
- Beta: 2.16
- Net Margins: -5.79%
- Return on Equity: -2.45%
- Return on Assets: -0.69%
Companies Related to Textainer Group Holdings Limited:
- Debt-to-Equity Ratio: 2.43%
- Current Ratio: 1.20%
- Quick Ratio: 1.20%
What is Textainer Group Holdings Limited's stock symbol?
Textainer Group Holdings Limited trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGH."
How often does Textainer Group Holdings Limited pay dividends? What is the dividend yield for Textainer Group Holdings Limited?
Textainer Group Holdings Limited declared a quarterly dividend on Wednesday, August 10th. Investors of record on Friday, August 19th will be given a dividend of $0.03 per share on Tuesday, August 30th. This represents a $0.12 annualized dividend and a yield of 0.73%. The ex-dividend date is Wednesday, August 17th.
Where is Textainer Group Holdings Limited's stock going? Where will Textainer Group Holdings Limited's stock price be in 2017?
2 brokerages have issued 12-month price objectives for Textainer Group Holdings Limited's stock. Their forecasts range from $15.00 to $16.00. On average, they anticipate Textainer Group Holdings Limited's share price to reach $15.50 in the next year.
When will Textainer Group Holdings Limited announce their earnings?
Textainer Group Holdings Limited is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
What are analysts saying about Textainer Group Holdings Limited stock?
Here are some recent quotes from research analysts about Textainer Group Holdings Limited stock:
According to Zacks Investment Research, "TEXTAINER GROUP is the worlds largest lessor of intermodal containers with a total fleet of more than 1.3 million containers, representing over 2,000,000 TEU. They lease containers to more than 400 shipping lines and other lessees, including each of the world's top 20 container lines. Yhey are also the primary supplier of leased containers to the U.S. Military. Their goal is to be the most reliable lessor of containers in locations where their customers need them. They have provided an average of more than 100,000 TEU of new containers per year for the past 10 years, and have been one of the largest purchasers of new containers among container lessors over the same period. They are also one of the largest sellers of used containers , having sold an average of more than 53,000 containers per year for the last five years. " (2/23/2017)
- SunTrust Banks, Inc. analysts commented, "Our $16 price target (up from $9.50) is equal to 80% of GAAP book value and 130% of runoff value. Embedded in this value is approximately $1/ share of unrealized, underinsured losses from the Hanjin bankruptcy that are not fully reflected in the current book value." (1/25/2017)
Who owns Textainer Group Holdings Limited stock?
Textainer Group Holdings Limited's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.32%), State Street Corp (0.72%), Renaissance Technologies LLC (0.39%), Foresters Investment Management Company Inc. (0.31%), Allianz Asset Management AG (0.14%) and Russell Investments Group Ltd. (0.12%).
Who sold Textainer Group Holdings Limited stock? Who is selling Textainer Group Holdings Limited stock?
Textainer Group Holdings Limited's stock was sold by a variety of institutional investors in the last quarter, including Guggenheim Capital LLC.
Who bought Textainer Group Holdings Limited stock? Who is buying Textainer Group Holdings Limited stock?
Textainer Group Holdings Limited's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Russell Investments Group Ltd., State Street Corp, Dimensional Fund Advisors LP, Two Sigma Investments LP and Allianz Asset Management AG.
How do I buy Textainer Group Holdings Limited stock?
Shares of Textainer Group Holdings Limited can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Textainer Group Holdings Limited stock cost?
One share of Textainer Group Holdings Limited stock can currently be purchased for approximately $16.40.