NYSE:TGH - Textainer Group Stock Price, Forecast & News

Textainer Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGH."

Textainer Group Holdings Limited (NYSE:TGH) posted its earnings results on Thursday, October, 31st. The transportation company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.10. The transportation company had revenue of $154.67 million for the quarter, compared to the consensus estimate of $166.70 million. Textainer Group had a return on equity of 4.50% and a net margin of 6.46%. The business's quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.08 EPS. View Textainer Group's Earnings History.

Textainer Group is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Textainer Group.

3 analysts have issued twelve-month price objectives for Textainer Group's shares. Their forecasts range from $11.00 to $13.00. On average, they anticipate Textainer Group's stock price to reach $12.00 in the next twelve months. This suggests a possible upside of 33.5% from the stock's current price. View Analyst Price Targets for Textainer Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Textainer Group in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Textainer Group.

News stories about TGH stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Textainer Group earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Textainer Group.

Textainer Group saw a increase in short interest in October. As of October 31st, there was short interest totalling 730,700 shares, an increase of 11.5% from the September 30th total of 655,600 shares. Based on an average daily volume of 215,700 shares, the days-to-cover ratio is presently 3.4 days. Approximately 3.5% of the shares of the stock are sold short. View Textainer Group's Current Options Chain.

Some companies that are related to Textainer Group include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), Air Lease (AL), MSC Industrial Direct (MSM), GATX (GATX), Applied Industrial Technologies (AIT), Aircastle (AYR), WESCO International (WCC), Beacon Roofing Supply (BECN), Kaman (KAMN), Rush Enterprises (RUSHA), H&E Equipment Services (HEES) and MRC Global (MRC).

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 INC/SH (CMRE), Nordic American Tanker (NAT), Mimecast (MIME), Intrexon (XON), Walt Disney (DIS), Kinder Morgan (KMI) and NVIDIA (NVDA).

Textainer Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (2.90%), Millennium Management LLC (0.86%), Grace & White Inc. NY (0.78%), State Street Corp (0.77%), Campbell & CO Investment Adviser LLC (0.10%) and Strs Ohio (0.10%). View Institutional Ownership Trends for Textainer Group.

TGH stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Camelot Portfolios LLC and Voya Investment Management LLC. View Insider Buying and Selling for Textainer Group.

TGH stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Massachusetts Financial Services Co. MA, Grace & White Inc. NY, Campbell & CO Investment Adviser LLC, Russell Investments Group Ltd., State Street Corp, California Public Employees Retirement System and Strs Ohio. View Insider Buying and Selling for Textainer Group.

Shares of TGH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TGH stock can currently be purchased for approximately $8.99.

Textainer Group has a market capitalization of $510.99 million and generates $612.70 million in revenue each year. The transportation company earns $50.38 million in net income (profit) each year or $0.90 on an earnings per share basis. Textainer Group employs 178 workers across the globe.View Additional Information About Textainer Group.

The official website for Textainer Group is http://www.textainer.com/.

Textainer Group's mailing address is CENTURY HOUSE 16 PAR-LA-VILLE ROAD, HAMILTON D0, HM HX. The transportation company can be reached via phone at 441-296-2500 or via email at [email protected]