NYSE:TGHTextainer Group Stock Price, Forecast & News

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 32.7% and is now trading at $9.50. View which stocks have been most impacted by Coronavirus.

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.

Textainer Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Textainer Group.

Textainer Group Holdings Limited (NYSE:TGH) announced its earnings results on Monday, May, 4th. The transportation company reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.13. The transportation company earned $145.48 million during the quarter. Textainer Group had a return on equity of 3.37% and a net margin of 5.82%. View Textainer Group's earnings history.

3 Wall Street analysts have issued 1-year 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 26.3% from the stock's current price. View analysts' price targets for Textainer Group.

Media stories about TGH stock have trended neutral recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Textainer Group earned a daily sentiment score of 0.4 on InfoTrie's scale. They also gave news headlines about the transportation company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutTextainer Group.

Textainer Group saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,690,000 shares, an increase of 11.9% from the April 30th total of 1,510,000 shares. Based on an average daily trading volume, of 377,100 shares, the short-interest ratio is currently 4.5 days. Currently, 3.6% of the shares of the company 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), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), WESCO International (WCC), Rush Enterprises (RUSHA), Kaman (KAMN), H&E Equipment Services (HEES), MRC Global (MRC) and DXP Enterprises (DXPE). View all competitors.

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), AT&T (T), Precigen (PGEN), Walt Disney (DIS) and Energy Transfer LP Unit (ET).

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

Textainer Group's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.64%), Massachusetts Financial Services Co. MA (3.58%), Ninety One SA PTY Ltd (2.54%), Clearbridge Investments LLC (2.20%), State Street Corp (1.58%) and Grace & White Inc. NY (0.72%). View institutional ownership trends for Textainer Group.

TGH stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Deutsche Bank AG, UBS Group AG, Parametric Portfolio Associates LLC, Camelot Portfolios LLC, Two Sigma Advisers LP, JPMorgan Chase & Co., and American International Group Inc.. View insider buying and selling activity for Textainer Group.

TGH stock was purchased by a variety of institutional investors in the last quarter, including Ninety One SA PTY Ltd, Massachusetts Financial Services Co. MA, Citigroup Inc., State Street Corp, Robertson Stephens Wealth Management LLC, Invesco Ltd., Russell Investments Group Ltd., and KBC Group NV. View insider buying and selling activity 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 $9.50.

Textainer Group has a market capitalization of $539.98 million and generates $619.76 million in revenue each year. Textainer Group employs 178 workers across the globe.

The official website for Textainer Group is 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]