Greenbrier Companies (NYSE:GBX) Issues Quarterly Earnings Results

Greenbrier Companies (NYSE:GBX - Get Free Report) issued its earnings results on Wednesday. The transportation company reported $1.92 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.60, Briefing.com reports. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the previous year, the firm earned $0.92 earnings per share. Greenbrier Companies's quarterly revenue was up 1.4% compared to the same quarter last year. Greenbrier Companies updated its FY 2025 guidance to EPS.

Greenbrier Companies Stock Up 16.7 %

Shares of GBX stock traded up $8.58 during trading on Thursday, reaching $60.03. The company's stock had a trading volume of 1,262,354 shares, compared to its average volume of 322,644. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 15.71, a P/E/G ratio of 0.60 and a beta of 1.53. The stock's 50-day moving average price is $49.28 and its 200 day moving average price is $49.88. Greenbrier Companies has a 1-year low of $32.00 and a 1-year high of $60.12.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies's dividend payout ratio (DPR) is 31.41%.

Insider Activity at Greenbrier Companies

In related news, SVP Laurie R. Dornan sold 5,935 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $50.92, for a total value of $302,210.20. Following the completion of the transaction, the senior vice president now owns 23,226 shares in the company, valued at approximately $1,182,667.92. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.54% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Bank of America lifted their target price on shares of Greenbrier Companies from $42.00 to $50.00 and gave the stock an "underperform" rating in a research note on Thursday. StockNews.com downgraded shares of Greenbrier Companies from a "hold" rating to a "sell" rating in a research note on Friday, August 23rd. Finally, Susquehanna boosted their price target on shares of Greenbrier Companies from $63.00 to $65.00 and gave the company a "positive" rating in a research note on Monday. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $60.00.

Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.