NYSE:TGH Textainer Group (TGH) Stock Forecast, Price & News $37.25 -0.44 (-1.17%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$36.94▼$37.8950-Day Range$37.17▼$42.7352-Week Range$26.35▼$43.00Volume133,320 shsAverage Volume246,332 shsMarket Capitalization$1.58 billionP/E Ratio6.85Dividend Yield3.22%Price Target$45.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Textainer Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside20.8% Upside$45.00 Price TargetShort InterestHealthy1.77% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.36Upright™ Environmental ScoreNews Sentiment0.91Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth10.90%From $4.68 to $5.19 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.2.35 out of 5 starsTransportation Sector57th out of 116 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry10th out of 13 stocks 2.0 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, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.00, Textainer Group has a forecasted upside of 20.8% from its current price of $37.25.Amount of Analyst CoverageTextainer Group has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.77% 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 4.1.Change versus previous monthShort interest in Textainer Group has recently decreased by 16.18%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldTextainer Group pays a meaningful dividend of 3.23%, 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 22.06%. 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 23.12% next year. This indicates that Textainer Group will be able to sustain or increase its dividend. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTextainer Group has received a -38.67% net impact score from Upright. The largest negative impact of Textainer in category "GHG emissions" is driven by its "Storage system rentals" product. See details.Environmental SustainabilityThe Environmental Impact score for Textainer Group is -1.36. Previous Next 2.7 News and Social Media Coverage News SentimentTextainer Group has a news sentiment score of 0.91. 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 is a higher news sentiment than the 0.62 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Textainer Group this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Textainer Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Textainer Group are expected to grow by 10.90% in the coming year, from $4.68 to $5.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Textainer Group is 6.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Textainer Group is 6.85, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.82.Price to Book Value per Share RatioTextainer Group has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Textainer Group (NYSE:TGH) StockTextainer 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TGH Stock News HeadlinesSeptember 28, 2023 | finance.yahoo.comTextainer (TGH) Upgraded to Strong Buy: Here's What You Should KnowSeptember 26, 2023 | americanbankingnews.comTextainer Group (NYSE:TGH) Stock Price Crosses Above Two Hundred Day Moving Average of $37.49September 29, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 18, 2023 | finance.yahoo.comHere’s Why Textainer Group Holdings Limited (TGH) Stock Price Climbed in Q2August 28, 2023 | finance.yahoo.comThere's A Lot To Like About Textainer Group Holdings' (NYSE:TGH) Upcoming US$0.30 DividendAugust 17, 2023 | markets.businessinsider.comTornado Global Hydrovacs Reports Record Second Quarter 2023 ResultsAugust 2, 2023 | markets.businessinsider.comKBW Keeps Their Hold Rating on Textainer Group Holdings (TGH)August 1, 2023 | finance.yahoo.comAll-time high: Shares of container company Textainer still risingSeptember 29, 2023 | Tradewins (Ad)Successful Options Trading Begins With…Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month! August 1, 2023 | seekingalpha.comTextainer Group Holdings Limited 2023 Q2 - Results - Earnings Call PresentationAugust 1, 2023 | finance.yahoo.comTextainer Group Holdings Limited Reports Second-Quarter 2023 Results and Declares DividendJuly 31, 2023 | markets.businessinsider.comTextainer Group earnings: here's what Wall Street expectsJuly 30, 2023 | msn.comKeefe, Bruyette & Woods Downgrades Textainer Group Holdings (TGH)July 27, 2023 | finance.yahoo.comWestinghouse Air Brake Technologies (WAB) Q2 Earnings and Revenues Beat EstimatesJuly 21, 2023 | finance.yahoo.comTextainer Announces Date for the Second Quarter 2023 Earnings Release and Conference CallJuly 13, 2023 | seekingalpha.comTextainer Group Holdings: A Brilliant Management Driving Value For ShareholdersJune 28, 2023 | finance.yahoo.comTextainer (TGH) Is a Great Choice for 'Trend' Investors, Here's WhyJune 15, 2023 | finance.yahoo.com4 Transportation Stocks That Appear to be Solid Bets for 2H23June 13, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Triton International and TextainerJune 12, 2023 | finance.yahoo.comHere's Why Momentum in Textainer (TGH) Should Keep goingJune 12, 2023 | finance.yahoo.com2 Transport Equipment & Leasing Stocks to Buy Amid Industry WoesJune 7, 2023 | finance.yahoo.comTextainer Group Holdings Limited (TGH) Hits Fresh High: Is There Still Room to Run?June 2, 2023 | finance.yahoo.comWith 75% institutional ownership, Textainer Group Holdings Limited (NYSE:TGH) is a favorite amongst the big gunsMay 28, 2023 | fool.comTextainer Group (NYSE: TGH)May 22, 2023 | finance.yahoo.comTextainer Group Holdings Limited (TGH) Hit a 52 Week High, Can the Run Continue?May 19, 2023 | finance.yahoo.comIs Textainer Group Holdings Limited (NYSE:TGH) Trading At A 21% Discount?May 8, 2023 | finance.yahoo.comWhat Makes Textainer (TGH) a Good Fit for 'Trend Investing'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 TGH Company Calendar Last Earnings8/01/2023Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Today9/29/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get 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 Forecast$45.00 High Stock Price Forecast$45.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+20.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$5.44 Trailing P/E Ratio6.85 Forward P/E Ratio7.96 P/E GrowthN/ANet Income$309.42 million Net Margins33.09% Pretax Margin33.93% Return on Equity15.61% Return on Assets3.48% Debt Debt-to-Equity Ratio2.88 Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$810.01 million Price / Sales1.95 Cash Flow$14.06 per share Price / Cash Flow2.65 Book Value$38.88 per share Price / Book0.96Miscellaneous Outstanding Shares42,400,000Free Float40,659,000Market Cap$1.58 billion OptionableOptionable Beta1.23 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Olivier Ghesquiere (Age 56)Pres, CEO & Director Comp: $1.36MMr. Michael K. Chan (Age 60)Exec. VP & CFO Comp: $763.73kMr. Joaquim G. FigueiraVP of Corp. Operations & ProcurementMr. Gregory W. Coan (Age 59)Sr. VP & Chief Information Officer Tamara BakarianDirector of Investor RelationsMr. Daniel W. Cohen Esq.VP & Gen. CounselMr. Philippe WendlingSr. VP of MarketingAdam H. HopkinCompany Sec.More ExecutivesKey CompetitorsAir LeaseNYSE:ALTriton InternationalNYSE:TRTNMarten TransportNASDAQ:MRTNDHTNYSE:DHTGolden Ocean GroupNASDAQ:GOGLView All CompetitorsInstitutional OwnershipBarclays PLCSold 29,424 shares on 9/21/2023Ownership: 0.129%Wolverine Trading LLCSold 92,800 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Bought 16,608 shares on 8/21/2023Ownership: 0.043%California State Teachers Retirement SystemSold 1,801 shares on 8/21/2023Ownership: 0.034%Auxier Asset ManagementSold 692 shares on 8/17/2023Ownership: 0.176%View All Institutional Transactions TGH Stock - Frequently Asked Questions Should I buy or sell Textainer Group stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Textainer Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street 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 forecast for 2023? 1 analysts have issued 1 year price objectives for Textainer Group's stock. Their TGH share price forecasts range from $45.00 to $45.00. On average, they predict the company's stock price to reach $45.00 in the next year. This suggests a possible upside of 20.8% from the stock's current price. 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 the year. Since then, TGH stock has increased by 20.1% and is now trading at $37.25. View the best growth stocks for 2023 here. Are investors shorting Textainer Group? Textainer Group saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 716,200 shares, a decrease of 16.2% from the August 31st total of 854,400 shares. Based on an average daily trading volume, of 175,800 shares, the short-interest ratio is currently 4.1 days. Approximately 1.8% 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, November 7th 2023. View our TGH earnings forecast. How were Textainer Group's earnings last quarter? Textainer Group Holdings Limited (NYSE:TGH) posted its quarterly earnings data on Tuesday, August, 1st. The transportation company reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.05. The transportation company earned $192.20 million during the quarter, compared to the consensus estimate of $193.68 million. Textainer Group had a trailing twelve-month return on equity of 15.61% and a net margin of 33.09%. The business's revenue for the quarter was down 5.4% on a year-over-year basis. During the same quarter last year, the company earned $1.63 earnings per share. How often does Textainer Group pay dividends? What is the dividend yield for Textainer Group? Textainer Group announced a quarterly dividend on Tuesday, August 1st. Stockholders of record on Friday, September 1st will be paid a dividend of $0.30 per share on Friday, September 15th. This represents a $1.20 annualized dividend and a yield of 3.22%. The ex-dividend date is Thursday, August 31st. 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). 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 3.23%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGH will have a dividend payout ratio of 23.12% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TGH. 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). What is Textainer Group's stock symbol? Textainer Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGH." 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. What is Textainer Group's stock price today? One share of TGH stock can currently be purchased for approximately $37.25. How much money does Textainer Group make? Textainer Group (NYSE:TGH) has a market capitalization of $1.58 billion and generates $810.01 million in revenue each year. The transportation company earns $309.42 million in net income (profit) each year or $5.44 on an earnings per share basis. How many employees does Textainer Group have? The company employs 162 workers across the globe. How can I contact Textainer Group? Textainer Group's mailing address is CENTURY HOUSE 16 PAR-LA-VILLE ROAD, HAMILTON D0, HM HX. The official website for the company is www.textainer.com. The transportation company can be reached via phone at (441) 296-2500, via email at investor_relations@textainer.com, or via fax at 441-295-4164. This page (NYSE:TGH) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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