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) issued its quarterly earnings data on Thursday, October, 31st. The transportation company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.10. The transportation company had revenue of $154.67 million for the quarter, compared to analysts' expectations of $166.70 million. Textainer Group had a net margin of 6.46% and a return on equity of 4.50%. 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 business earned $0.08 earnings per share. 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 12 month target prices for Textainer Group's shares. Their forecasts range from $11.00 to $13.00. On average, they anticipate Textainer Group's share price to reach $12.00 in the next year. This suggests a possible upside of 17.0% 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 recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Textainer Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the company's share price in the near term. View News Stories for Textainer Group.

Textainer Group saw a drop in short interest during the month of November. As of November 29th, there was short interest totalling 678,800 shares, a drop of 6.1% from the November 14th total of 723,200 shares. Based on an average daily volume of 188,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 3.3% 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 institutional and retail 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 $10.26.

Textainer Group has a market capitalization of $583.18 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]