NYSE:TGH

Textainer Group (TGH) Stock Forecast, Price & News

$37.07

+1.40 (+3.92%)

(As of 06/2/2023 ET)

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Today's Range: $36.07
▼
$37.19
50-Day Range: $31.44
▼
$37.08
52-Week Range: $25.47
▼
$37.19

Volume: 298,054 shs
Average Volume: 246,499 shs
Market Capitalization: $1.57 billion

P/E Ratio: 6.32
Dividend Yield: 3.24%
Price Target: N/A

Textainer Group MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
4.13% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.48
Upright™ Environmental Score
News Sentiment: 0.17
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 6.85%
From $4.67 to $4.99 Per Share

Overall MarketRank^™

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

1.91 out of 5 stars

Transportation Sector

81st out of 120 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

10th out of 12 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Textainer Group.

3.0

Short Interest

Percentage of Shares Shorted
4.13% of the float of Textainer Group has been sold short.
Short Interest Ratio / Days to Cover
Textainer Group has a short interest ratio ("days to cover") of 5.5.
Change versus previous month
Short interest in Textainer Group has recently decreased by 2.42%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Textainer Group pays a meaningful dividend of 3.24%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Textainer Group has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Textainer Group is 20.44%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Textainer Group will have a dividend payout ratio of 24.05% next year. This indicates that Textainer Group will be able to sustain or increase its dividend.

1.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Textainer Group has received a -45.15% 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 Sustainability
The Environmental Impact score for Textainer Group is -1.48.

1.8

News and Social Media Coverage

News Sentiment
Textainer Group has a news sentiment score of 0.17. 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 0.54 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Textainer Group this week, compared to 2 articles on an average week.
Search Interest
Only 2 people have searched for TGH on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
2 people have added Textainer Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

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 Insiders
Only 4.10% of the stock of Textainer Group is held by insiders.
Percentage Held by Institutions
Only 38.69% of the stock of Textainer Group is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Textainer Group are expected to grow by 6.85% in the coming year, from $4.67 to $4.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Textainer Group is 6.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of Textainer Group is 6.32, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 23.21.
Price to Book Value per Share Ratio
Textainer Group has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Textainer Group (NYSE:TGH) Stock

Textainer 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 includes standard dry freight containers and also includes refrigerated and other special-purpose containers. The Container Management segment manages a fleet of containers for and on behalf of owners. The Container Resale segment focuses on the sale of containers purchased for resale. The company was founded in 1979 and is headquartered in Hamilton, Bermuda.

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TGH Stock News Headlines

June 2, 2023 | finance.yahoo.com

With 75% institutional ownership, Textainer Group Holdings Limited (NYSE:TGH) is a favorite amongst the big guns

May 28, 2023 | fool.com

Textainer Group (NYSE: TGH)

June 4, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

May 22, 2023 | finance.yahoo.com

Textainer Group Holdings Limited (TGH) Hit a 52 Week High, Can the Run Continue?

May 19, 2023 | finance.yahoo.com

Is Textainer Group Holdings Limited (NYSE:TGH) Trading At A 21% Discount?

May 8, 2023 | finance.yahoo.com

What Makes Textainer (TGH) a Good Fit for 'Trend Investing'

May 7, 2023 | americanbankingnews.com

B. Riley Research Analysts Lower Earnings Estimates for Textainer Group Holdings Limited (NYSE:TGH)

May 6, 2023 | finance.yahoo.com

Textainer Would Quickly Feel the Sting of a Shipping Slowdown in a Recession

June 4, 2023 | Behind the Markets (Ad)

How A.I. Could Make Most 21st Century Diseases EXTINCT

On December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...

May 6, 2023 | americanbankingnews.com

Textainer Group Holdings Limited (NYSE:TGH) Expected to Post FY2023 Earnings of $4.67 Per Share

May 5, 2023 | americanbankingnews.com

Textainer Group Holdings Limited (TGH) to Issue Quarterly Dividend of $0.30 on June 15th

May 4, 2023 | msn.com

Textainer Group Holdings (TGH) Declares $0.30 Dividend

May 2, 2023 | finance.yahoo.com

Textainer Group (TGH) Q1 Earnings Beat Estimates

May 2, 2023 | msn.com

Textainer Group Holdings reports mixed Q1 earnings

May 2, 2023 | finance.yahoo.com

Textainer Group Holdings Limited Reports First-Quarter 2023 Results and Declares Dividend

May 1, 2023 | americanbankingnews.com

Textainer Group (TGH) to Release Earnings on Tuesday

April 27, 2023 | finance.yahoo.com

When Should You Buy Textainer Group Holdings Limited (NYSE:TGH)?

April 26, 2023 | finance.yahoo.com

Is The Greenbrier Companies (GBX) Stock Undervalued Right Now?

April 25, 2023 | finance.yahoo.com

Analysts Estimate Textainer Group (TGH) to Report a Decline in Earnings: What to Look Out for

April 24, 2023 | finance.yahoo.com

Textainer Announces Date for the First Quarter 2023 Earnings Release and Conference Call

April 18, 2023 | finance.yahoo.com

Textainer (TGH) is on the Move, Here's Why the Trend Could be Sustainable

April 15, 2023 | seekingalpha.com

Textainer Group Holdings: I Own The 7%+ Yielding Preferred Shares

April 8, 2023 | americanbankingnews.com

FY2023 Earnings Forecast for Textainer Group Holdings Limited Issued By B. Riley (NYSE:TGH)

April 7, 2023 | americanbankingnews.com

Research Analysts Issue Forecasts for Textainer Group Holdings Limited's Q1 2023 Earnings (NYSE:TGH)

March 27, 2023 | finance.yahoo.com

Those who invested in Textainer Group Holdings (NYSE:TGH) three years ago are up 321%

March 11, 2023 | finance.yahoo.com

Textainer Group Holdings (NYSE:TGH) Is Doing The Right Things To Multiply Its Share Price

February 25, 2023 | finance.yahoo.com

Textainer Group Holdings Limited (NYSE:TGH) Passed Our Checks, And It's About To Pay A US$0.30 Dividend

See More Headlines

TGH Price History

30 days | 90 days | 365 days | Advanced Chart

TGH Company Calendar

Last Earnings: 11/04/2021
Ex-Dividend for 3/15 Dividend: 3/02/2023
Dividend Payable: 3/15/2023
Ex-Dividend for 6/15 Dividend: 6/01/2023
Today: 6/03/2023
Dividend Payable: 6/15/2023
Next Earnings (Estimated): 8/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Equipment rental & leasing, not elsewhere classified
Sub-Industry: Trading Companies & Distributors
Sector: Transportation
Current Symbol: NYSE:TGH
CUSIP: G8766E10
CIK: 1413159
Web: www.textainer.com
Phone: (441) 296-2500
Fax: 441-295-4164
Employees: 164
Year Founded: 1979

Profitability

EPS (Most Recent Fiscal Year): $5.87
Trailing P/E Ratio: 6.32
Forward P/E Ratio: 7.94
P/E Growth: N/A
Net Income: $309.42 million
Net Margins: 36.01%
Pretax Margin: 36.93%
Return on Equity: 17.40%
Return on Assets: 3.78%

Debt

Debt-to-Equity Ratio: 2.97
Current Ratio: 1.17
Quick Ratio: 1.17

Sales & Book Value

Annual Sales: $810.01 million
Price / Sales: 1.94
Cash Flow: $14.59 per share
Price / Cash Flow: 2.54
Book Value: $39.35 per share
Price / Book: 0.94

Miscellaneous

Outstanding Shares: 42,400,000
Free Float: 40,657,000
Market Cap: $1.57 billion
Optionable: Optionable
Beta: 1.20

Social Links

Key Executives

Olivier Ghesquière
President, Chief Executive Officer & Director

Joaquim Figueira
Vice President-Operations & Procurement

Michael Chan
Chief Financial Officer & Executive Vice President

Gregory W. Coan
Chief Information Officer & Senior Vice President

Giancarlo Gennaro
Vice President-Finance

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TGH Stock - Frequently Asked Questions

How have TGH shares performed in 2023?: Textainer Group's stock was trading at $31.01 at the start of the year. Since then, TGH shares have increased by 19.5% and is now trading at $37.07.
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 Tuesday, August 1st 2023.
View our TGH earnings forecast.
How were Textainer Group's earnings last quarter?: Textainer Group Holdings Limited (NYSE:TGH) posted its quarterly earnings results on Thursday, November, 4th. The transportation company reported $1.52 EPS for the quarter, topping the consensus estimate 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 36.01% and a trailing twelve-month return on equity of 17.40%. During the same period last year, the business posted $0.41 earnings per share.
How often does Textainer Group pay dividends? What is the dividend yield for Textainer Group?: Textainer Group announced a quarterly dividend on Wednesday, May 3rd. Stockholders of record on Friday, June 2nd will be given a dividend of $0.30 per share on Thursday, June 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date of this dividend is Thursday, June 1st.
Read our dividend analysis for TGH.
What ETFs hold Textainer Group's stock?: ETFs with the largest weight of Textainer Group (NYSE:TGH) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Invesco Zacks Multi-Asset Income ETF (CVY), Avantis U.S. Small Cap Value ETF (AVUV), Dimensional US Small Cap Value ETF (DFSV), Inspire Small/Mid Cap ETF (ISMD), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ), Dimensional US Sustainability Core 1 ETF (DFSU) and
Is Textainer Group a good dividend stock?: Textainer Group (NYSE:TGH) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.36%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGH will have a dividend payout ratio of 24.05% 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 Dimensional Fund Advisors LP (8.63%), Donald Smith & CO. Inc. (6.67%), BlackRock Inc. (5.00%), Clearbridge Investments LLC (1.96%), State Street Corp (1.56%) and American Century Companies Inc. (1.17%).
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 $37.07.
How much money does Textainer Group make?: Textainer Group (NYSE:TGH) has a market capitalization of $1.57 billion and generates $810.01 million in revenue each year. The transportation company earns $309.42 million in net income (profit) each year or $5.87 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 6/4/2023 by MarketBeat.com Staff

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