GATX (GATX) Projected to Post Quarterly Earnings on Wednesday

GATX (NYSE:GATX - Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, April 23rd. Analysts expect GATX to post earnings of $2.09 per share and revenue of $417.06 million for the quarter. GATX has set its FY 2025 guidance at 8.300-8.700 EPS.Investors that are interested in participating in the company's conference call can do so using this link.

GATX (NYSE:GATX - Get Free Report) last announced its earnings results on Thursday, January 23rd. The transportation company reported $1.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.68 by $0.25. GATX had a return on equity of 12.07% and a net margin of 17.92%. During the same period in the previous year, the firm posted $1.74 earnings per share.

GATX Stock Performance

GATX traded down $1.01 during trading on Friday, hitting $147.00. 188,495 shares of the stock were exchanged, compared to its average volume of 162,743. The firm has a market capitalization of $5.24 billion, a P/E ratio of 18.92 and a beta of 1.00. GATX has a 1-year low of $122.00 and a 1-year high of $168.89. The stock has a fifty day moving average price of $155.59 and a two-hundred day moving average price of $153.74. The company has a quick ratio of 3.41, a current ratio of 2.77 and a debt-to-equity ratio of 3.37.

GATX Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, February 28th were paid a dividend of $0.61 per share. The ex-dividend date was Friday, February 28th. This represents a $2.44 dividend on an annualized basis and a yield of 1.66%. This is a boost from GATX's previous quarterly dividend of $0.58. GATX's dividend payout ratio is currently 31.40%.

Insider Activity

In other news, SVP Jeffery R. Young sold 297 shares of the firm's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $164.63, for a total value of $48,895.11. Following the completion of the sale, the senior vice president now owns 7,362 shares in the company, valued at approximately $1,212,006.06. This trade represents a 3.88 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Robert Zmudka sold 4,800 shares of the business's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $163.83, for a total transaction of $786,384.00. Following the transaction, the vice president now owns 7,493 shares in the company, valued at approximately $1,227,578.19. This trade represents a 39.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.17% of the company's stock.

About GATX

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries.