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

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

Textainer Group Holdings Limited (NYSE:TGH) released its quarterly earnings results on Thursday, October, 31st. The transportation company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.32 by $0.10. The transportation company earned $154.67 million during the quarter, compared to the consensus estimate of $166.70 million. Textainer Group had a net margin of 6.46% and a return on equity of 4.50%. The company's quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter last 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 brokerages have issued 12 month price targets for Textainer Group's shares. Their forecasts range from $11.00 to $13.00. On average, they expect Textainer Group's stock price to reach $12.00 in the next year. This suggests a possible upside of 31.7% 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 been trending very negative on Monday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public 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 -3.0 on InfoTrie's scale. They also assigned news articles about the transportation company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days. View News Stories for Textainer Group.

Textainer Group saw a increase in short interest in the month of 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 trading volume, of 215,700 shares, the days-to-cover ratio is currently 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), Aircastle (AYR), Applied Industrial Technologies (AIT), Beacon Roofing Supply (BECN), WESCO International (WCC), 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), Kinder Morgan (KMI), NVIDIA (NVDA) and Walt Disney (DIS).

Textainer Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (2.90%), Grace & White Inc. NY (0.78%), Campbell & CO Investment Adviser LLC (0.10%), Strs Ohio (0.10%), Rhumbline Advisers (0.08%) and California Public Employees Retirement System (0.06%). View Institutional Ownership Trends for Textainer Group.

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

TGH stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Grace & White Inc. NY, Campbell & CO Investment Adviser LLC, Russell Investments Group Ltd., California Public Employees Retirement System, Strs Ohio and Rhumbline Advisers. 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 $9.11.

Textainer Group has a market capitalization of $517.81 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]