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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
The Strategic Gold Play You Haven't Heard About (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
The Strategic Gold Play You Haven't Heard About (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
The Strategic Gold Play You Haven't Heard About (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
The Strategic Gold Play You Haven't Heard About (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
New CBOE “special perk” helps traders target income every weekend (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
The Strategic Gold Play You Haven't Heard About (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
The Strategic Gold Play You Haven't Heard About (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts

Textainer Group Stock Price, News & Analysis (NYSE:TGH)

$49.24
-0.01 (-0.02%)
(As of 12/4/2023 ET)
Compare
Today's Range
$49.18
$49.27
50-Day Range
$34.15
$49.45
52-Week Range
$28.84
$49.60
Volume
279,820 shs
Average Volume
368,785 shs
Market Capitalization
$2.09 billion
P/E Ratio
10.11
Dividend Yield
2.44%
Price Target
$47.50

Textainer Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.5% Downside
$47.50 Price Target
Short Interest
Healthy
2.11% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.33
Upright™ Environmental Score
News Sentiment
0.39mentions of Textainer Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.07%
From $4.46 to $4.82 Per Share

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 stars

Transportation Sector

55th out of 112 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

9th out of 13 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 Price History

TGH Stock News Headlines

Countries Are Investing Heavily Into Securing Energy Independence
There'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.
Textainer Group (NYSE:TGH) Now Covered by StockNews.com
Textainer Announces Expiration of “Go-Shop” Period
Why Textainer Stock Is Skyrocketing This Week
Countries Are Investing Heavily Into Securing Energy Independence
There'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.
TGH Stock Vaults 45% On $7.4 Billion Stonepeak Deal
Shipping firm Textainer rises as sale agreed
Stonepeak to take Textainer private in $7.4B deal
Textainer to be Acquired by Stonepeak for $7.4 Billion
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Last Earnings
11/02/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Today
12/05/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/13/2024

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
-3.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$309.42 million
Pretax Margin
30.33%

Debt

Sales & Book Value

Annual Sales
$810.01 million
Cash Flow
$14.03 per share
Book Value
$38.88 per share

Miscellaneous

Free Float
40,659,000
Market Cap
$2.09 billion
Optionable
Optionable
Beta
1.12

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Key Executives

  • Mr. Olivier Ghesquiere (Age 56)
    President, CEO & Director
    Comp: $1.36M
  • Mr. Michael K. Chan (Age 60)
    Executive VP & CFO
    Comp: $763.73k
  • Mr. Joaquim G. Figueira
    Vice President of Corporate Operations & Procurement
  • Mr. Gregory W. Coan (Age 59)
    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 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

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