GATX (NYSE:GATX - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 8.300-8.700 for the period, compared to the consensus earnings per share estimate of 8.350. The company issued revenue guidance of -.
Analyst Ratings Changes
Several research analysts have recently weighed in on the company. The Goldman Sachs Group initiated coverage on GATX in a research note on Monday, November 18th. They set a "buy" rating and a $185.00 price target for the company. Sidoti lowered shares of GATX from a "buy" rating to a "neutral" rating and set a $158.00 target price for the company. in a research report on Wednesday, December 4th. Finally, Susquehanna lifted their target price on shares of GATX from $122.00 to $140.00 and gave the stock a "neutral" rating in a research note on Monday, October 21st. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, GATX currently has an average rating of "Hold" and an average price target of $151.80.
Read Our Latest Research Report on GATX
GATX Stock Performance
Shares of NYSE:GATX traded up $6.90 during midday trading on Thursday, reaching $161.39. 306,245 shares of the company traded hands, compared to its average volume of 155,103. The firm's fifty day moving average price is $157.28 and its two-hundred day moving average price is $144.88. The firm has a market capitalization of $5.73 billion, a price-to-earnings ratio of 21.58 and a beta of 0.99. 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 12 month low of $120.14 and a 12 month high of $167.74.
GATX (NYSE:GATX - Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The transportation company reported $1.93 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.25. GATX had a return on equity of 11.98% and a net margin of 17.76%. During the same quarter in the previous year, the firm earned $1.74 EPS. On average, equities analysts expect that GATX will post 7.6 earnings per share for the current year.
GATX Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders 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 of this dividend was Friday, December 13th. GATX's payout ratio is 31.02%.
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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