Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.
NYSE:TGH

Textainer Group (TGH) Stock Price, News & Analysis

Textainer Group logo

About Textainer Group Stock (NYSE:TGH)

Key Stats

Today's Range
$49.99
$49.99
50-Day Range
$49.69
$50.15
52-Week Range
$30.22
$50.15
Volume
N/A
Average Volume
675,690 shs
Market Capitalization
$2.12 billion
P/E Ratio
11.55
Dividend Yield
2.40%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Textainer Group Holdings Limited, through its subsidiaries, engages in the purchase, ownership, management, leasing, and disposal of a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company's containers include standard and specialized dry freight, and refrigerated containers, as well as other special-purpose containers, which include tank, 45', pallet-wide, and other types of containers. It also provides container management, acquisition, and disposal services to affiliated and unaffiliated container investors. In addition, the company is involved in the sale of containers from its fleet, as well as purchase, lease, or resale of containers from shipping line customers, container traders, and other sellers of containers. It operates a fleet of approximately 2.7 million containers representing 4.4 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the U.S. military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.

Textainer Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
36th Percentile Overall Score

TGH MarketRank™: 

Textainer Group scored higher than 36% of companies evaluated by MarketBeat, and ranked 101st out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Textainer Group are expected to grow by 13.91% in the coming year, from $4.89 to $5.57 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Textainer Group is 11.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.20.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Textainer Group is 11.55, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.92.

  • Price to Book Value per Share Ratio

    Textainer Group has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for TGH.
  • Dividend Yield

    Textainer Group pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Textainer Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Textainer Group is 27.71%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Textainer Group will have a dividend payout ratio of 21.54% next year. This indicates that Textainer Group will be able to sustain or increase its dividend.

  • Read more about Textainer Group's dividend.
  • Short Interest

    There is no current short interest data available for TGH.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Textainer Group this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for TGH on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Textainer Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.10% of the stock of Textainer Group is held by insiders.

  • Percentage Held by Institutions

    44.28% of the stock of Textainer Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Textainer Group's insider trading history.
Receive TGH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Textainer Group and its competitors with MarketBeat's FREE daily newsletter.

TGH Stock News Headlines

Tawasol Group Holding SA (TGH)
Thai Group Holdings PCL (TGH)
Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
Tornado Global Hydrovacs Reports First Quarter 2024 Results
See More Headlines

TGH Stock Analysis - Frequently Asked Questions

Textainer Group Holdings Limited (NYSE:TGH) issued its quarterly earnings data on Tuesday, February, 13th. The transportation company reported $1.13 EPS for the quarter, topping analysts' consensus estimates of $1.05 by $0.08. Textainer Group's revenue was down 6.3% on a year-over-year basis.

Based on aggregate information from My MarketBeat watchlists, some other companies that Textainer Group investors own include NVIDIA (NVDA), Intersect ENT (XENT), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), PayPal (PYPL) and Arista Networks (ANET).

Company Calendar

Last Earnings
2/13/2024
Today
11/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Trading Companies & Distributors
CUSIP
G8766E10
Employees
162
Year Founded
1979

Profitability

Net Income
$204.67 million
Pretax Margin
25.77%

Debt

Sales & Book Value

Annual Sales
$770.39 million
Cash Flow
$12.05 per share
Book Value
$39.66 per share

Miscellaneous

Free Float
40,659,000
Market Cap
$2.12 billion
Optionable
Optionable
Beta
1.01

Social Links

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.

Get This Free Report

This page (NYSE:TGH) was last updated on 11/2/2024 by MarketBeat.com Staff
From Our Partners