NYSE:TGH Textainer Group - TGH Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Textainer Group Holdings Limited Please log in to your account or sign up in order to add this asset to your watchlist. $33.59 -0.32 (-0.94%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$33.33▼$34.0050-Day Range$29.04▼$34.7352-Week Range$25.47▼$41.89Volume263,640 shsAverage Volume253,710 shsMarket Capitalization$1.67 billionP/E Ratio5.43Dividend Yield2.92%Price Target$55.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Textainer Group MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside63.7% Upside$55.00 Price TargetShort InterestHealthy4.48% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.96Upright™ Environmental ScoreNews Sentiment0.28Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-23.06%From $6.07 to $4.67 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.96 out of 5 starsTransportation Sector78th out of 121 stocksEquipment Rental & Leasing, Not Elsewhere Classified Industry8th out of 12 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $55.00, Textainer Group has a forecasted upside of 63.7% from its current price of $33.59.Amount of Analyst CoverageTextainer Group has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.48% of the float of Textainer Group has been sold short.Short Interest Ratio / Days to CoverTextainer Group has a short interest ratio ("days to cover") of 6.9.Change versus previous monthShort interest in Textainer Group has recently decreased by 6.06%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldTextainer Group pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTextainer Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Textainer Group is 16.16%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Textainer Group will have a dividend payout ratio of 21.41% next year. This indicates that Textainer Group will be able to sustain or increase its dividend. Previous Next 1.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTextainer Group has received a -15.29% net impact score from Upright. The largest negative impact of Textainer in category "GHG emissions" is driven by its "Storage system rentals" product. See details.Environmental SustainabilityThe Environmental Impact score for Textainer Group is -0.96. Previous Next 2.9 News and Social Media Coverage News SentimentTextainer Group has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Textainer Group this week, compared to 1 article on an average week.Search Interest3 people have searched for TGH on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows2 people have added Textainer Group to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Textainer Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.10% of the stock of Textainer Group is held by insiders.Percentage Held by InstitutionsOnly 38.69% of the stock of Textainer Group is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Textainer Group are expected to decrease by -23.06% in the coming year, from $6.07 to $4.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Textainer Group is 5.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Textainer Group is 5.43, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 29.84.Price to Book Value per Share RatioTextainer Group has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Textainer Group (NYSE:TGH) StockTextainer Group Holdings Ltd. engages in the purchase, management, leasing, and resale of a fleet of marine cargo containers. It operates through the following segments: Container Ownership, Container Management, and Container Resale. The Container Ownership segment composed primarily of standard dry freight containers and also includes special-purpose containers. The Container Management segment manages a fleet of containers for and on behalf of owners. The Container Resale segment consists of purchases and leases or resells of containers from shipping line customers, container traders, and other sellers. The company was founded in 1979 and is headquartered in Hamilton, Bermuda.Read More Receive TGH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Textainer Group and its competitors with MarketBeat's FREE daily newsletter. Email Address TGH Stock News HeadlinesJanuary 30, 2023 | finance.yahoo.comWith EPS Growth And More, Textainer Group Holdings (NYSE:TGH) Makes An Interesting CaseJanuary 11, 2023 | finance.yahoo.comShould You Be Worried About Textainer Group Holdings Limited's (NYSE:TGH) 16% Return On Equity?February 3, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...December 10, 2022 | finance.yahoo.comWith 82% ownership, Textainer Group Holdings Limited (NYSE:TGH) boasts of strong institutional backingNovember 26, 2022 | finance.yahoo.comTextainer Group Holdings (NYSE:TGH) Has Affirmed Its Dividend Of $0.25November 18, 2022 | finance.yahoo.comAt US$30.32, Is Textainer Group Holdings Limited (NYSE:TGH) Worth Looking At Closely?November 4, 2022 | finance.yahoo.comTextainer Group Holdings (NYSE:TGH) Is Paying Out A Dividend Of $0.25November 1, 2022 | finanznachrichten.deTextainer Group Holdings Limited Reports Third-Quarter 2022 Results and Declares DividendFebruary 3, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... 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Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 1, 2022 | finance.yahoo.comTextainer Group (TGH) Surpasses Q3 Earnings and Revenue EstimatesNovember 1, 2022 | finance.yahoo.comTextainer Group Holdings Limited Reports Third-Quarter 2022 Results and Declares DividendNovember 1, 2022 | seekingalpha.comTextainer Group Holdings Non-GAAP EPS of $1.64 beats by $0.13, revenue of $205.15M misses by $8.07MOctober 31, 2022 | msn.comTextainer Group Holdings's Earnings OutlookOctober 27, 2022 | finance.yahoo.comGreenbrier Companies (GBX) Surpasses Q4 Earnings and Revenue EstimatesOctober 27, 2022 | seekingalpha.comTextainer Group And Triton International: Box Lessors Offer Record Value And Cash FlowsOctober 26, 2022 | finance.yahoo.comRyder (R) Beats Q3 Earnings and Revenue EstimatesOctober 25, 2022 | finance.yahoo.comTextainer Announces Date for the Third Quarter 2022 Earnings Release and Conference CallOctober 17, 2022 | finance.yahoo.comInvesting in Textainer Group Holdings (NYSE:TGH) three years ago would have delivered you a 199% gainOctober 12, 2022 | nasdaq.comReturns At Textainer Group Holdings (NYSE:TGH) Are On The Way UpSeptember 18, 2022 | finance.yahoo.comTextainer Group Holdings (NYSE:TGH) Might Have The Makings Of A Multi-BaggerSeptember 16, 2022 | seekingalpha.comTGH Textainer Group Holdings LimitedSeptember 14, 2022 | nasdaq.comWith 78% ownership of the shares, Textainer Group Holdings Limited (NYSE:TGH) is heavily dominated by institutional ownersSeptember 9, 2022 | nasdaq.comNotable Friday Option Activity: TGH, MVIS, BACAugust 29, 2022 | nasdaq.comNotable Monday Option Activity: DIS, PFSI, TGHAugust 23, 2022 | finance.yahoo.comHere's Why We Think Textainer Group Holdings (NYSE:TGH) Is Well Worth WatchingAugust 20, 2022 | nasdaq.comHere's Why Textainer Group Holdings (NYSE:TGH) Is Weighed Down By Its Debt LoadAugust 10, 2022 | finance.yahoo.comTextainer Renews and Increases its Revolver Facility to $1.9 BillionSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TGH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Textainer Group and its competitors with MarketBeat's FREE daily newsletter. Email Address TGH Company Calendar Last Earnings11/04/2021Ex-Dividend for 12/15 Dividend12/01/2022Dividend Payable12/15/2022Today2/03/2023Next Earnings (Estimated)2/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Equipment rental & leasing, not elsewhere classified Sub-IndustryTrading Companies & Distributors SectorTransportation Current SymbolNYSE:TGH CUSIPG8766E10 CIK1413159 Webwww.textainer.com Phone(441) 296-2500Fax441-295-4164Employees164Year Founded1979Price Target and Rating Average Stock Price Forecast$55.00 High Stock Price Forecast$55.00 Low Stock Price Forecast$55.00 Forecasted Upside/Downside+63.7%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$6.19 Trailing P/E Ratio5.43 Forward P/E Ratio5.53 P/E GrowthN/ANet Income$284.29 million Net Margins39.17% Pretax Margin41.04% Return on Equity19.84% Return on Assets4.10% Debt Debt-to-Equity Ratio3.13 Current Ratio1.20 Quick Ratio1.20 Sales & Book Value Annual Sales$750.73 million Price / Sales2.22 Cash Flow$11.66 per share Price / Cash Flow2.88 Book Value$29.84 per share Price / Book1.13Miscellaneous Outstanding Shares49,630,000Free Float47,599,000Market Cap$1.67 billion OptionableOptionable Beta1.27 Social Links Key ExecutivesOlivier GhesquièrePresident, Chief Executive Officer & DirectorJoaquim FigueiraVice President-Operations & ProcurementMichael ChanChief Financial Officer & Executive Vice PresidentGregory W. CoanChief Information Officer & Senior Vice PresidentDaniel W. CohenSecretary, Vice President & General CounselKey CompetitorsAir LeaseNYSE:ALTriton InternationalNYSE:TRTNFLEX LNGNYSE:FLNGAllegiant TravelNASDAQ:ALGTMarten TransportNASDAQ:MRTNView All CompetitorsInsiders & InstitutionsSG Americas Securities LLCBought 947 shares on 2/2/2023Ownership: 0.027%Simplex Trading LLCSold 36,500 shares on 2/2/2023Ownership: 0.000%Janney Montgomery Scott LLCBought 10,880 shares on 2/1/2023Ownership: 0.022%Cornerstone Investment Partners LLCSold 400 shares on 2/1/2023Ownership: 0.020%Versor Investments LPBought 10,000 shares on 1/30/2023Ownership: 0.020%View All Institutional Transactions TGH Stock - Frequently Asked Questions What is Textainer Group's stock price forecast for 2023? 0 brokerages have issued 1 year price objectives for Textainer Group's stock. Their TGH share price forecasts range from $55.00 to $55.00. On average, they predict the company's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 63.7% 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 stock has increased by 8.3% and is now trading at $33.59. View the best growth stocks for 2023 here. When is Textainer Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023. View our TGH earnings forecast. How were Textainer Group's earnings last quarter? Textainer Group Holdings Limited (NYSE:TGH) released its quarterly earnings data on Thursday, November, 4th. The transportation company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.33. The transportation company earned $195.83 million during the quarter, compared to the consensus estimate of $193.43 million. Textainer Group had a net margin of 39.17% and a trailing twelve-month return on equity of 19.84%. During the same period in the previous year, the company posted $0.41 EPS. How often does Textainer Group pay dividends? What is the dividend yield for Textainer Group? Textainer Group announced a quarterly dividend on Tuesday, November 1st. Investors of record on Friday, December 2nd will be given a dividend of $0.25 per share on Thursday, December 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend is Thursday, December 1st. Read our dividend analysis for TGH. Is Textainer Group a good dividend stock? Textainer Group (NYSE:TGH) pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.92%. The dividend payout ratio is 16.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGH will have a dividend payout ratio of 21.41% 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 many different institutional and retail investors. Top institutional investors include SG Americas Securities LLC (0.03%), Janney Montgomery Scott LLC (0.02%), Versor Investments LP (0.02%), Cornerstone Investment Partners LLC (0.02%), Armstrong Advisory Group Inc. (0.00%) and Simplex Trading LLC (0.00%). 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 $33.59. How much money does Textainer Group make? Textainer Group (NYSE:TGH) has a market capitalization of $1.67 billion and generates $750.73 million in revenue each year. The transportation company earns $284.29 million in net income (profit) each year or $6.19 on an earnings per share basis. How many employees does Textainer Group have? The company employs 164 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 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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