GATX (GATX) Stock Price, News & Analysis

Company Overview

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. It also offers maintenance services, including the interior cleaning of railcars, routine maintenance and repair of car body and safety appliances, regulatory compliance works, wheelset replacements, interior blast and lining, exterior blast and painting, and car stenciling services. In addition, the company manufactures commercial aircraft jet engines and leases aircraft spare engines; and owns and manages tank containers that are leased to chemical, industrial gas, energy, food, cryogenic and pharmaceutical industries, and tank container operators, as well as provides tank container sourcing, remarketing, and inspection and maintenance services. As of December 31, 2023, it owned and operated a fleet of approximately 148,500 railcars; 493 four-axle and 30 six-axle locomotives; 399 aircraft spare engines; and 23,931 tank containers. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $150.97 to $154.35
• 50-Day Range: $128.50 to $154.36
• 52-Week Range: $106.92 to $156.03
• Volume: 146,276 shs
• Average Volume: 152,984 shs
• Market Capitalization: $5.48 billion
• P/E Ratio: 20.62
• Dividend Yield: 1.50%
• Price Target: $150.25
• Consensus Rating: Moderate Buy

GATX Stock Analysis - MarketRank™

GATX scored higher than 36% of companies evaluated by MarketBeat, and ranked 100th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

GATX has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

GATX has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of GATX is 20.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of GATX is 20.62, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 16.53.

Price to Book Value per Share Ratio

GATX has a P/B Ratio of 2.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.09% of the float of GATX has been sold short.

Short Interest Ratio / Days to Cover

GATX has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.

Change versus previous month

Short interest in GATX has recently increased by 5.15%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

GATX pays a meaningful dividend of 1.53%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

GATX has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of GATX is 31.02%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.09% of the float of GATX has been sold short.

Short Interest Ratio / Days to Cover

GATX has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.

Change versus previous month

Short interest in GATX has recently increased by 5.15%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.75

News Sentiment

GATX has a news sentiment score of 0.75. 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 higher news sentiment than the 0.56 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for GATX this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for GATX on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

2 people have added GATX to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, GATX insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,200,712.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.99% of the stock of GATX is held by insiders.

Percentage Held by Institutions

93.14% of the stock of GATX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GATX Stock Analysis - Frequently Asked Questions

How have GATX shares performed this year?

GATX's stock was trading at $120.22 at the beginning of the year. Since then, GATX stock has increased by 28.3% and is now trading at $154.26.
View the best growth stocks for 2024 here.

How were GATX's earnings last quarter?

GATX Co. (NYSE:GATX) posted its earnings results on Tuesday, October, 22nd. The transportation company reported $2.50 EPS for the quarter, beating analysts' consensus estimates of $1.96 by $0.54. The business's revenue was up 12.6% compared to the same quarter last year.

Who are GATX's major shareholders?

GATX's top institutional investors include State Street Corp (3.65%), Wellington Management Group LLP (2.83%), Geode Capital Management LLC (2.39%) and Charles Schwab Investment Management Inc. (1.34%). Insiders that own company stock include Farm Mutual Automobile I State, Robert C Lyons, Thomas A Ellman, Anne L Arvia, Brian A Kenney, Paul F Titterton, Deborah A Golden, Kevin Hillesland, Robert Zmudka, John Sbragia, Jeffery R Young, Aken Jennifer Van, Jennifer Mcmanus, Necati Gokce Tezel and Niyi Adedoyin.
View institutional ownership trends.

How do I buy shares of GATX?

Shares of GATX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of GATX own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GATX investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Ex-Dividend for 9/30 Dividend: 9/13/2024
• Dividend Payable: 9/30/2024
• Last Earnings: 10/22/2024
• Today: 11/20/2024
• Ex-Dividend for 12/31 Dividend: 12/13/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/28/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Transportation services
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NYSE:GATX
• Previous Symbol: NYSE:GMT
• CUSIP: 36144810
• CIK: 40211
• Web: www.gatx.com
• Phone: (312) 621-6200
• Fax: 312-621-6648
• Employees: 2,020
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $150.25
• High Stock Price Target: $185.00
• Low Stock Price Target: $136.00
• Potential Upside/Downside: -2.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.48
• Trailing P/E Ratio: 20.62
• Forward P/E Ratio: 20.30
• P/E Growth: N/A
• Net Income: $259.20 million
• Net Margins: 17.76%
• Pretax Margin: 16.16%
• Return on Equity: 11.98%
• Return on Assets: 2.37%

Debt

• Debt-to-Equity Ratio: 3.41
• Current Ratio: 3.41
• Quick Ratio: 3.41

Sales & Book Value

• Annual Sales: $1.54 billion
• Price / Sales: 3.55
• Cash Flow: $18.63 per share
• Price / Cash Flow: 8.28
• Book Value: $64.03 per share
• Price / Book: 2.41

Miscellaneous

• Outstanding Shares: 35,500,000
• Free Float: 34,794,000
• Market Cap: $5.48 billion
• Optionable: Optionable
• Beta: 0.95