GATX (NYSE:GATX - Get Free Report) announced its quarterly earnings data on Thursday. The transportation company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.25, RTT News reports. GATX had a net margin of 17.76% and a return on equity of 11.98%. During the same quarter last year, the company earned $1.74 EPS. GATX updated its FY 2025 guidance to 8.300-8.700 EPS.
GATX Stock Performance
GATX traded up $6.90 during midday trading on Thursday, reaching $161.39. The company had a trading volume of 306,245 shares, compared to its average volume of 155,103. The company has a quick ratio of 3.41, a current ratio of 3.41 and a debt-to-equity ratio of 3.41. GATX has a 1 year low of $120.14 and a 1 year high of $167.74. The business has a 50-day moving average of $157.28 and a two-hundred day moving average of $144.88. The company has a market cap of $5.73 billion, a P/E ratio of 21.58 and a beta of 0.99.
GATX Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 1.44%. The ex-dividend date was Friday, December 13th. GATX's dividend payout ratio is currently 31.02%.
Analyst Ratings Changes
GATX has been the topic of a number of recent analyst reports. Susquehanna raised their price target on shares of GATX from $122.00 to $140.00 and gave the company a "neutral" rating in a research report on Monday, October 21st. Sidoti downgraded GATX from a "buy" rating to a "neutral" rating and set a $158.00 target price on the stock. in a research note on Wednesday, December 4th. Finally, The Goldman Sachs Group started coverage on GATX in a research report on Monday, November 18th. They set a "buy" rating and a $185.00 price target for the company. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, GATX currently has an average rating of "Hold" and an average price target of $151.80.
Get Our Latest Analysis on GATX
GATX Company Profile
(
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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.
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