Textainer Group - TGH Stock Forecast, Price & News

0 Wall Street analysts have issued 1 year price targets for Textainer Group's shares. Their TGH share price forecasts range from $55.00 to $55.00. On average, they expect the company's share price to reach $55.00 in the next twelve months. This suggests a possible upside of 83.2% from the stock's current price.
View analysts price targets for TGH or view top-rated stocks among Wall Street analysts.

Textainer Group's stock was trading at $35.71 at the beginning of 2022. Since then, TGH stock has decreased by 15.9% and is now trading at $30.02.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our TGH earnings forecast.

Textainer Group Holdings Limited (NYSE:TGH) announced its quarterly earnings data on Thursday, November, 4th. The transportation company reported $1.52 EPS for the quarter, beating analysts' consensus estimates of $1.19 by $0.33. The transportation company had revenue of $195.83 million for the quarter, compared to analyst estimates 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 business posted $0.41 EPS.

Textainer Group declared a quarterly dividend on Tuesday, November 1st. Shareholders 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 annualized dividend and a dividend yield of 3.33%. The ex-dividend date is Thursday, December 1st.
Read our dividend analysis for TGH.

Textainer Group (NYSE:TGH) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.34%. The company does not yet have a strong track record of dividend growth. 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 19.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TGH.

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.

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).

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

Textainer Group's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.93%), Donald Smith & CO. Inc. (4.64%), BlackRock Inc. (4.33%), Massachusetts Financial Services Co. MA (2.03%), State Street Corp (1.41%) and Rothschild & Co. Asset Management US Inc. (0.90%).
View institutional ownership trends.

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.

One share of TGH stock can currently be purchased for approximately $30.02.

Textainer Group (NYSE:TGH) has a market capitalization of $1.49 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.

The company employs 164 workers across the globe.

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.