S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
NYSE:TGH

Textainer Group - TGH Stock Forecast, Price & News

$34.09
-0.07 (-0.20%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.70
$34.37
50-Day Range
$26.04
$34.16
52-Week Range
$25.47
$41.89
Volume
224,869 shs
Average Volume
353,968 shs
Market Capitalization
$1.69 billion
P/E Ratio
5.85
Dividend Yield
2.93%
Price Target
$55.00

Textainer Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
61.3% Upside
$55.00 Price Target
Short Interest
Healthy
10.75% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
+0.19
Upright™ Environmental Score
News Sentiment
0.36mentions of Textainer Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-7.19%
From $5.98 to $5.55 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Transportation Sector

26th out of 124 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

7th out of 14 stocks

TGH stock logo

About Textainer Group (NYSE:TGH) Stock

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 and specialized dry freight, and refrigerated containers, as well as other special-purpose containers, which include tank, 45', pallet-wide, and other types of containers. It also provides container management, acquisition, 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 2.7 million containers representing 4.3 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the U.S. military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Textainer Group from a "hold" rating to a "buy" rating in a research note on Wednesday, August 3rd.

Textainer Group Trading Down 0.2 %

Shares of Textainer Group stock traded down $0.07 during mid-day trading on Friday, hitting $34.09. The stock had a trading volume of 224,869 shares, compared to its average volume of 353,968. The firm has a 50-day moving average of $29.86 and a two-hundred day moving average of $33.69. The firm has a market cap of $1.69 billion, a P/E ratio of 5.85 and a beta of 1.35. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 3.25. Textainer Group has a 12-month low of $25.47 and a 12-month high of $41.89.

Textainer Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Friday, September 2nd will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 1st. This represents a $1.00 annualized dividend and a yield of 2.93%. Textainer Group's payout ratio is 17.15%.

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.

TGH Stock News Headlines

Textainer Group (NYSE:TGH) Upgraded by StockNews.com to "Buy"
Should Value Investors Buy Ryder System (R) Stock?
See More Headlines
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.

TGH Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 6/15 Dividend
6/02/2022
Dividend Payable
6/15/2022
Today
8/13/2022
Ex-Dividend for 9/15 Dividend
9/01/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Trading Companies & Distributors
CUSIP
G8766E10
Employees
164
Year Founded
1979

Price Target and Rating

Average Stock Price Forecast
$55.00
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
+61.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$284.29 million
Pretax Margin
39.64%

Debt

Sales & Book Value

Annual Sales
$750.73 million
Cash Flow
$11.84 per share
Book Value
$32.78 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.69 billion
Optionable
Optionable
Beta
1.35

Social Links


Key Executives

  • Mr. Olivier Ghesquiere (Age 55)
    Pres, CEO & Director
    Comp: $1.36M
  • Mr. Michael K. Chan (Age 59)
    Exec. VP & CFO
    Comp: $763.73k
  • Mr. Joaquim G. Figueira
    VP of Corp. Operations & Procurement
  • Mr. Gregory W. Coan (Age 58)
    Sr. VP & Chief Information Officer
  • Tamara Bakarian
    Director of Investor Relations
  • Mr. Daniel W. Cohen Esq.
    VP & Gen. Counsel
  • Mr. Philippe Wendling
    Sr. VP of Marketing
  • Adam H. Hopkin
    Company Sec.













TGH Stock - Frequently Asked Questions

Should I buy or sell Textainer Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Textainer Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TGH shares.
View TGH analyst ratings
or view top-rated stocks.

What is Textainer Group's stock price forecast for 2022?

1 brokerages have issued 1-year target prices for Textainer Group's shares. Their TGH share price forecasts range from $55.00 to $55.00. On average, they anticipate the company's stock price to reach $55.00 in the next year. This suggests a possible upside of 61.3% 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 2022?

Textainer Group's stock was trading at $35.71 at the start of the year. Since then, TGH shares have decreased by 4.5% and is now trading at $34.09.
View the best growth stocks for 2022 here
.

Are investors shorting Textainer Group?

Textainer Group saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,620,000 shares, an increase of 40.1% from the June 15th total of 1,870,000 shares. Based on an average daily volume of 462,400 shares, the short-interest ratio is currently 5.7 days. Currently, 12.3% of the company's shares are short sold.
View Textainer Group's Short Interest
.

When is Textainer Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our TGH earnings forecast
.

How were Textainer Group's earnings last quarter?

Textainer Group Holdings Limited (NYSE:TGH) announced its quarterly earnings data on Thursday, November, 4th. The transportation company reported $1.52 earnings per share for the quarter, topping analysts' consensus estimates of $1.19 by $0.33. The transportation company had revenue of $195.83 million for the quarter, compared to the consensus estimate of $193.43 million. Textainer Group had a net margin of 38.00% and a trailing twelve-month return on equity of 20.59%. During the same quarter 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 declared a quarterly dividend on Wednesday, August 3rd. Shareholders of record on Friday, September 2nd will be given a dividend of $0.25 per share on Thursday, September 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Thursday, September 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 2.93%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGH will have a dividend payout ratio of 18.02% 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 a variety of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (1.98%), Clearbridge Investments LLC (1.65%), Northern Trust Corp (0.76%), PEAK6 Investments LLC (0.00%), Deutsche Bank AG (0.29%) and Renaissance Technologies LLC (0.29%).
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 $34.09.

How much money does Textainer Group make?

Textainer Group (NYSE:TGH) has a market capitalization of $1.69 billion and generates $750.73 million in revenue each year. The transportation company earns $284.29 million in net income (profit) each year or $5.83 on an earnings per share basis.

How many employees does Textainer Group have?

The company employs 164 workers across the globe.

When was Textainer Group founded?

Textainer Group was founded in 1979.

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 8/13/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.