Textainer Group Stock Price, News & Analysis (NYSE:TGH) $49.24 -0.01 (-0.02%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$49.18▼$49.2750-Day Range$34.15▼$49.4552-Week Range$28.84▼$49.60Volume279,820 shsAverage Volume368,785 shsMarket Capitalization$2.09 billionP/E Ratio10.11Dividend Yield2.44%Price Target$47.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Textainer Group MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.5% Downside$47.50 Price TargetShort InterestHealthy2.11% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.33Upright™ Environmental ScoreNews Sentiment0.39Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth8.07%From $4.46 to $4.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.15 out of 5 starsTransportation Sector55th out of 112 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry9th out of 13 stocks 1.0 Analyst's Opinion Consensus RatingTextainer Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.50, Textainer Group has a forecasted downside of 3.5% from its current price of $49.24.Amount of Analyst CoverageTextainer Group has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.11% of the float of Textainer Group has been sold short.Short Interest Ratio / Days to CoverTextainer Group has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Textainer Group has recently decreased by 17.56%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldTextainer Group pays a meaningful dividend of 2.44%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTextainer Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Textainer Group is 24.64%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Textainer Group will have a dividend payout ratio of 24.90% next year. This indicates that Textainer Group will be able to sustain or increase its dividend. Previous Next 2.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTextainer Group has received a 5.38% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Rental of storage systems" product. See details.Environmental SustainabilityThe Environmental Impact score for Textainer Group is -3.33. Previous Next 3.0 News and Social Media Coverage News SentimentTextainer Group has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Textainer Group this week, compared to 1 article on an average week.Search Interest1 people have searched for TGH on MarketBeat in the last 30 days. MarketBeat Follows5 people have added Textainer Group to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Textainer Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.10% of the stock of Textainer Group is held by insiders.Percentage Held by Institutions44.28% of the stock of Textainer Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Textainer Group are expected to grow by 8.07% in the coming year, from $4.46 to $4.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Textainer Group is 10.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Textainer Group is 10.11, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.90.Price to Book Value per Share RatioTextainer Group has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More TGH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TGH Stock News HeadlinesDecember 3, 2023 | americanbankingnews.comTextainer Group (NYSE:TGH) Earns Hold Rating from Analysts at StockNews.comNovember 27, 2023 | msn.comTextainer Group Holdings (TGH) Price Target Increased by 5.26% to 51.00December 5, 2023 | Financial Alphas (Ad)Countries Are Investing Heavily Into Securing Energy IndependenceThere's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.November 25, 2023 | americanbankingnews.comTextainer Group (NYSE:TGH) Now Covered by StockNews.comNovember 22, 2023 | finance.yahoo.comTextainer Announces Expiration of “Go-Shop” PeriodNovember 2, 2023 | msn.comTextainer Group Holdings Non-GAAP EPS of $1.08 misses by $0.06, revenue of $192.5M misses by $2.56MOctober 27, 2023 | finance.yahoo.comWhy Textainer Stock Is Skyrocketing This WeekOctober 26, 2023 | finance.yahoo.comTextainer Announces Date for the Third Quarter 2023 Earnings ReleaseDecember 5, 2023 | Financial Alphas (Ad)Countries Are Investing Heavily Into Securing Energy IndependenceThere's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.October 25, 2023 | finance.yahoo.comGreenbrier Companies (GBX) Q4 Earnings and Revenues Miss EstimatesOctober 24, 2023 | businesswire.comTEXTAINER GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Textainer ...October 23, 2023 | msn.comTextainer Group Holdings to go private after R40 billion buyouyOctober 23, 2023 | msn.comB. Riley Securities Downgrades Textainer Group Holdings (TGH)October 23, 2023 | finance.yahoo.comTextainer Group Holdings (TGH): A Closer Look at Its ValuationOctober 23, 2023 | finance.yahoo.comTGH Stock Vaults 45% On $7.4 Billion Stonepeak DealOctober 23, 2023 | finance.yahoo.comThese Stocks Moved the Most Today: Chevron, Hess, Tesla, FMC, Okta, MGM, Walgreens, and MoreOctober 23, 2023 | proactiveinvestors.comShipping firm Textainer rises as sale agreedOctober 23, 2023 | marketwatch.comTextainer Group Shares Soar Premarket on Takeover by StonepeakOctober 23, 2023 | msn.comTextainer (NYSE:TGH) to Go Private in a $2.1B DealOctober 23, 2023 | msn.comWhy Container Lessor Textainer's Shares Are Jumping TodayOctober 23, 2023 | finance.yahoo.comStonepeak to take Textainer private in $7.4B dealOctober 22, 2023 | msn.comStonepeak nears purchase of shipping-container firm Textainer for $50 a share - WSJOctober 22, 2023 | markets.businessinsider.comContainer Lessor Textainer Agrees To Be Taken Private By Stonepeak In $2.1 Bln DealOctober 22, 2023 | finance.yahoo.comTextainer to be Acquired by Stonepeak for $7.4 BillionOctober 16, 2023 | msn.comTextainer Group Holdings: Still Upside PotentialOctober 6, 2023 | msn.comTextainer: I Like The 8.3% Yielding Preferred SharesOctober 4, 2023 | finance.yahoo.comIs It Time To Consider Buying Textainer Group Holdings Limited (NYSE:TGH)?See More Headlines Receive TGH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Textainer Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Last Earnings11/02/2023Ex-Dividend for 12/15 Dividend11/30/2023Today12/05/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/13/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryTrading Companies & Distributors SectorTransportation Current SymbolNYSE:TGH CUSIPG8766E10 CIK1413159 Webwww.textainer.com Phone(441) 296-2500Fax441-295-4164Employees162Year Founded1979Price Target and Rating Average Stock Price Target$47.50 High Stock Price Target$50.00 Low Stock Price Target$45.00 Potential Upside/Downside-3.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$4.87 Trailing P/E Ratio10.11 Forward P/E Ratio11.04 P/E GrowthN/ANet Income$309.42 million Net Margins29.57% Pretax Margin30.33% Return on Equity13.70% Return on Assets3.12% Debt Debt-to-Equity Ratio2.78 Current Ratio1.14 Quick Ratio1.14 Sales & Book Value Annual Sales$810.01 million Price / Sales2.58 Cash Flow$14.03 per share Price / Cash Flow3.51 Book Value$38.88 per share Price / Book1.27Miscellaneous Outstanding Shares42,400,000Free Float40,659,000Market Cap$2.09 billion OptionableOptionable Beta1.12 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Olivier Ghesquiere (Age 56)President, CEO & Director Comp: $1.36MMr. Michael K. Chan (Age 60)Executive VP & CFO Comp: $763.73kMr. Joaquim G. FigueiraVice President of Corporate Operations & ProcurementMr. Gregory W. Coan (Age 59)Senior VP & Chief Information Officer Tamara BakarianDirector of Investor RelationsMr. Daniel W. Cohen Esq.VP & General CounselMr. Philippe WendlingSenior Vice President of MarketingAdam H. HopkinCompany SecretaryMore ExecutivesKey CompetitorsAir LeaseNYSE:ALStar Bulk CarriersNASDAQ:SBLKTrinity IndustriesNYSE:TRNInternational SeawaysNYSE:INSWSkyWestNASDAQ:SKYWView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Bought 92,543 shares on 11/30/2023Ownership: 1.525%Deutsche Bank AGBought 2,616 shares on 11/24/2023Ownership: 0.044%Graham Capital Management L.P.Bought 8,673 shares on 11/22/2023Ownership: 0.020%Auxier Asset ManagementSold 205 shares on 11/21/2023Ownership: 0.176%Public Employees Retirement System of OhioSold 9,402 shares on 11/16/2023Ownership: 0.007%View All Institutional Transactions TGH Stock Analysis - Frequently Asked Questions Should I buy or sell Textainer Group stock right now? 2 Wall Street 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 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 brokerages have issued 1-year 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 3.5%. View analysts price targets for TGH or view top-rated stocks among Wall Street analysts. How have TGH shares performed in 2023? Textainer Group's stock was trading at $31.01 at the beginning of 2023. Since then, TGH shares have increased by 58.8% and is now trading at $49.24. View the best growth stocks for 2023 here. Are investors shorting Textainer Group? Textainer Group saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 840,900 shares, a drop of 17.6% from the October 31st total of 1,020,000 shares. Based on an average trading volume of 576,200 shares, the days-to-cover ratio is presently 1.5 days. Currently, 2.1% of the shares of the company are short sold. View Textainer Group's Short Interest. When is Textainer Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our TGH earnings forecast. How were Textainer Group's earnings last quarter? Textainer Group Holdings Limited (NYSE:TGH) released its quarterly earnings results on Thursday, November, 2nd. The transportation company reported $1.08 earnings per share for the quarter, missing analysts' consensus estimates of $1.13 by $0.05. The transportation company earned $192.50 million during the quarter, compared to analyst estimates of $190.75 million. Textainer Group had a trailing twelve-month return on equity of 13.70% and a net margin of 29.57%. How often does Textainer Group pay dividends? What is the dividend yield for Textainer Group? Textainer Group announced a quarterly dividend on Thursday, November 2nd. Shareholders of record on Friday, December 1st will be given a dividend of $0.30 per share on Friday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Thursday, November 30th. 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 2.44%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGH will have a dividend payout ratio of 24.90% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TGH. What ETFs hold Textainer Group's stock? ETFs with the largest weight of Textainer Group (NYSE:TGH) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ). 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). Who are Textainer Group's major shareholders? Textainer Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (2.06%), American Century Companies Inc. (1.53%), Clearbridge Investments LLC (1.48%), Capital Management Corp VA (0.81%), Northern Trust Corp (0.80%) and Ameriprise Financial Inc. (0.77%). View institutional ownership trends. How do I buy shares of Textainer Group? Shares of TGH 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. Compare Top Brokerages Here. This page (NYSE:TGH) was last updated on 12/5/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Textainer Group Holdings Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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