NYSE:TGH

Textainer Group Stock Forecast, Price & News

$32.83

+2.94 (+9.84 %)

(As of 06/18/2021 12:00 AM ET)

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Today's Range

$31.13

▼

$33.22

50-Day Range

$24.57

▼

$34.92

52-Week Range

$7.60

▼

$35.27

Volume1.87 million shs

Average Volume580,021 shs

Market Capitalization$1.66 billion

P/E Ratio12.11

Dividend YieldN/A

Beta1.41

30 days | 90 days | 365 days | Advanced Chart

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About Textainer Group

Textainer Group Holdings Limited, through its subsidiaries, purchases, owns, manages, leases, and disposes a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company's containers include standard dry freight containers, refrigerated, and other special-purpose containers, which include tank, 45', pallet-wide, and other types of containers. It also provides container acquisition, management, 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 2.4 million containers, representing 3.8 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the United States military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.

Textainer Group (NYSE:TGH) Shares Gap Up to $29.89
June 18, 2021 | americanbankingnews.com

Textainer Group (NYSE:TGH) Shares Down 11.7%
June 17, 2021 | americanbankingnews.com

Has Textainer Group Holdings (TGH) Outpaced Other Transportation Stocks This Year?
June 17, 2021 | finance.yahoo.com

Textainer Group's (TGH) "Buy" Rating Reiterated at B. Riley
June 11, 2021 | americanbankingnews.com

The Textainer Group Holdings (NYSE:TGH) Share Price Has Gained 267%, So Why Not Pay It Some Attention?
June 8, 2021 | finance.yahoo.com

Why Textainer Group Stock Shot Higher in May
June 7, 2021 | finance.yahoo.com

Textainer Group (NYSE:TGH) Shares Gap Up to $34.08
June 2, 2021 | americanbankingnews.com

Textainer Group Holdings Limited Welcomes New Members of the Board of Directors
June 1, 2021 | finance.yahoo.com

Textainer Group (NYSE:TGH) Sees Strong Trading Volume
June 1, 2021 | americanbankingnews.com

Textainer (TGH) Stock Jumps 8.8%: Will It Continue to Soar?
May 31, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryTrading Companies & Distributors
SectorTransportation
Current SymbolNYSE:TGH
Previous Symbol
CUSIPG8766E10
CIK1413159
Webwww.textainer.com
Phone(441) 296-2500
Employees160
Year FoundedN/A

Sales & Book Value

Annual Sales$600.87 million
Price / Sales2.76
Cash Flow$7.34 per share
Price / Cash Flow4.47
Book Value$25.48 per share
Price / Book1.29

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares50,496,000
Market Cap$1.66 billion
Next Earnings Date8/12/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.22 out of 5 stars

Transportation Sector

113th out of 248 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

16th out of 23 stocks

1.5 Analyst's Opinion

Consensus Rating
Textainer Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $30.00, Textainer Group has a forecasted downside of 8.6% from its current price of $32.83.
Amount of Analyst Coverage
Textainer Group has only been the subject of 1 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Textainer Group has received 283 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Textainer Group has received 479 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Textainer Group has received 62.86% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Textainer Group and other stocks. Vote “Outperform” if you believe TGH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TGH will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Textainer Group does not currently pay a dividend.
Dividend Growth
Textainer Group does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Textainer Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
43.19% of the stock of Textainer Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Textainer Group are expected to grow by 1.71% in the coming year, from $4.68 to $4.76 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Textainer Group is 12.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 30.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Textainer Group is 12.11, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 26.73.
Price to Book Value per Share Ratio
Textainer Group has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Textainer Group (NYSE:TGH) Frequently Asked Questions

Is Textainer Group a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Textainer Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Textainer Group stock.
View analyst ratings for Textainer Group or view top-rated stocks.

What stocks does MarketBeat like better than Textainer Group?

Wall Street analysts have given Textainer Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Textainer Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Textainer Group's next earnings date?

Textainer Group is scheduled to release its next quarterly earnings announcement on Thursday, August 12th 2021.
View our earnings forecast for Textainer Group.

How were Textainer Group's earnings last quarter?

Textainer Group Holdings Limited (NYSE:TGH) posted its earnings results on Tuesday, May, 11th. The transportation company reported $1.16 EPS for the quarter, beating the Zacks' consensus estimate of $0.98 by $0.18. Textainer Group had a net margin of 22.29% and a trailing twelve-month return on equity of 10.69%.
View Textainer Group's earnings history.

How has Textainer Group's stock been impacted by Coronavirus (COVID-19)?

Textainer Group's stock was trading at $7.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TGH stock has increased by 358.5% and is now trading at $32.83.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for TGH?

2 equities research analysts have issued 12-month price targets for Textainer Group's stock. Their forecasts range from $18.00 to $42.00. On average, they expect Textainer Group's share price to reach $30.00 in the next year. This suggests that the stock has a possible downside of 8.6%.
View analysts' price targets for Textainer Group or view top-rated stocks among Wall Street analysts.

Who are Textainer Group's key executives?

Textainer Group's management team includes the following people:

Mr. Olivier Ghesquiere, Pres, CEO & Director (Age 54, Pay $949.38k)
Mr. Michael K. Chan, Exec. VP & CFO (Age 58, Pay $579.94k)
Mr. Joaquim G. Figueira, VP of Corp. Operations & Procurement
Mr. Gregory W. Coan, Sr. VP & Chief Information Officer (Age 57)
Mr. Daniel W. Cohen Esq., VP & Gen. Counsel
Mr. Philippe Wendling, Sr. VP of Marketing
Michael J. Harvey, Exec. VP
Adam H. Hopkin, Company Sec.

What is Antonius Wagner's approval rating as Textainer Group's CEO?

6 employees have rated Textainer Group CEO Antonius Wagner on Glassdoor.com. Antonius Wagner has an approval rating of 88% among Textainer Group's employees.

Who are some of Textainer Group's key competitors?

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

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), The 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 number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.80%), Massachusetts Financial Services Co. MA (5.16%), BlackRock Inc. (5.13%), Ninety One SA PTY Ltd (2.11%), Clearbridge Investments LLC (1.78%) and Ameriprise Financial Inc. (1.02%).
View institutional ownership trends for Textainer Group.

Which major investors are selling Textainer Group stock?

TGH stock was sold by a variety of institutional investors in the last quarter, including Ninety One SA PTY Ltd, Clearbridge Investments LLC, Panagora Asset Management Inc., Renaissance Technologies LLC, Massachusetts Financial Services Co. MA, Northern Trust Corp, Ameriprise Financial Inc., and Cooper Creek Partners Management LLC.
View insider buying and selling activity for Textainer Group or view top insider-selling stocks.

Which major investors are buying Textainer Group stock?

TGH stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Rothschild & Co. Asset Management US Inc., D. E. Shaw & Co. Inc., State Board of Administration of Florida Retirement System, Advisory Research Inc., LSV Asset Management, and Walthausen & Co. LLC.
View insider buying and selling activity for Textainer Group or or view top insider-buying stocks.

How do I buy shares of 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 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 $32.83.

How much money does Textainer Group make?

Textainer Group has a market capitalization of $1.66 billion and generates $600.87 million in revenue each year. The transportation company earns $72.82 million in net income (profit) each year or $1.63 on an earnings per share basis.

How many employees does Textainer Group have?

Textainer Group employs 160 workers across the globe.

What is Textainer Group's official website?

The official website for Textainer Group is www.textainer.com.

Where are Textainer Group's headquarters?

Textainer Group is headquartered at CENTURY HOUSE 16 PAR-LA-VILLE ROAD, HAMILTON D0, HM HX.

How can I contact Textainer Group?

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]

This page was last updated on 6/20/2021 by MarketBeat.com Staff

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