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NYSE:TGH

Textainer Group (TGH) Stock Forecast, Price & News

$37.69
+0.52 (+1.40%)
(As of 04:00 PM ET)
Compare
Today's Range
$37.18
$37.75
50-Day Range
$37.17
$42.73
52-Week Range
$26.08
$43.00
Volume
125,409 shs
Average Volume
246,799 shs
Market Capitalization
$1.60 billion
P/E Ratio
6.93
Dividend Yield
3.18%
Price Target
$45.00

Textainer Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
20.1% Upside
$45.00 Price Target
Short Interest
Healthy
1.77% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.36
Upright™ Environmental Score
News Sentiment
0.50mentions of Textainer Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.90%
From $4.68 to $5.19 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Transportation Sector

82nd out of 116 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

11th out of 13 stocks


TGH stock logo

About Textainer Group (NYSE:TGH) Stock

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 Price History

TGH Stock News Headlines

Unlock the treasure on Mount Olympus with this little-known mining stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Tornado Global Hydrovacs Reports Record Second Quarter 2023 Results
KBW Keeps Their Hold Rating on Textainer Group Holdings (TGH)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Textainer Group earnings: here's what Wall Street expects
Textainer Group (NYSE: TGH)
See More Headlines
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TGH Company Calendar

Last Earnings
8/01/2023
Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Today
9/28/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

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 Forecast
$45.00
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+19.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$309.42 million
Pretax Margin
33.93%

Debt

Sales & Book Value

Annual Sales
$810.01 million
Cash Flow
$14.06 per share
Book Value
$38.88 per share

Miscellaneous

Free Float
40,659,000
Market Cap
$1.60 billion
Optionable
Optionable
Beta
1.23

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Key Executives

  • Mr. Olivier Ghesquiere (Age 56)
    Pres, CEO & Director
    Comp: $1.36M
  • Mr. Michael K. Chan (Age 60)
    Exec. VP & CFO
    Comp: $763.73k
  • Mr. Joaquim G. Figueira
    VP of Corp. Operations & Procurement
  • Mr. Gregory W. Coan (Age 59)
    Sr. VP & Chief Information Officer
  • Tamara Bakarian
    Director of Investor Relations
  • Mr. Daniel W. Cohen Esq.
    VP & Gen. Counsel
  • Mr. Philippe Wendling
    Sr. VP of Marketing
  • Adam H. Hopkin
    Company Sec.













TGH Stock - Frequently Asked Questions

Should I buy or sell Textainer Group stock right now?

1 Wall Street equities research 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 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 forecast for 2023?

1 Wall Street research analysts have issued 12-month price objectives for Textainer Group's shares. Their TGH share price forecasts range from $45.00 to $45.00. On average, they anticipate the company's stock price to reach $45.00 in the next year. This suggests a possible upside of 19.4% 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 2023. Since then, TGH shares have increased by 21.5% and is now trading at $37.69.
View the best growth stocks for 2023 here
.

Are investors shorting Textainer Group?

Textainer Group saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 716,200 shares, a decline of 16.2% from the August 31st total of 854,400 shares. Based on an average trading volume of 175,800 shares, the short-interest ratio is currently 4.1 days. Approximately 1.8% of the company's stock 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 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.05. The transportation company earned $192.20 million during the quarter, compared to analyst estimates of $193.68 million. Textainer Group had a trailing twelve-month return on equity of 15.61% and a net margin of 33.09%. Textainer Group's revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Shareholders of record on Friday, September 1st will be given a dividend of $0.30 per share on Friday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.18%. 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 3.19%. 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."

Who are Textainer Group's major shareholders?

Textainer Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.46%), Donald Smith & CO. Inc. (6.70%), BlackRock Inc. (5.02%), Clearbridge Investments LLC (1.69%), State Street Corp (1.48%) and Geode Capital Management LLC (1.07%).
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.

What is Textainer Group's stock price today?

One share of TGH stock can currently be purchased for approximately $37.69.

How much money does Textainer Group make?

Textainer Group (NYSE:TGH) has a market capitalization of $1.60 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 9/28/2023 by MarketBeat.com Staff

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