Textainer Group (TGH) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $49.99 to $49.99
• 50-Day Range: $49.69 to $50.15
• 52-Week Range: $30.22 to $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: $50.00
• Consensus Rating: Hold

Textainer Group Stock Analysis - MarketRank™

Textainer Group scored higher than 26% of companies evaluated by MarketBeat, and ranked 117th out of 135 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: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Textainer Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Textainer Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.91%

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 116.65.

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 21.76.

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

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TGH.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

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.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -3.97

Short Interest

There is no current short interest data available for TGH.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

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

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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.

TGH Stock Analysis - Frequently Asked Questions

How were Textainer Group's earnings last quarter?

Textainer Group Holdings Limited (NYSE:TGH) posted its quarterly earnings results on Tuesday, February, 13th. The transportation company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.08. The business's quarterly revenue was down 6.3% compared to the same quarter last year.

What other stocks do shareholders of Textainer Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Textainer Group investors own include Intersect ENT (XENT), SEASPAN CORP/SH SH (SSW), iShares MSCI Brazil ETF (EWZ), Costamare (CMRE), Nordic American Tankers (NAT), Mimecast (MIME) and AT&T (T).

Company Calendar

• Last Earnings: 2/13/2024
• Today: 9/28/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Equipment rental & leasing, not elsewhere classified
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NYSE:TGH
• CUSIP: G8766E10
• CIK: 1413159
• Web: www.textainer.com
• Phone: (441) 296-2500
• Fax: 441-295-4164
• Employees: 162
• Year Founded: 1979

Price Target and Rating

• Average Stock Price Target: $50.00
• High Stock Price Target: $50.00
• Low Stock Price Target: $50.00
• Potential Upside/Downside: +0.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.33
• Trailing P/E Ratio: 11.55
• Forward P/E Ratio: 10.22
• P/E Growth: N/A
• Net Income: $204.67 million
• Net Margins: 26.57%
• Pretax Margin: 25.77%
• Return on Equity: 12.86%
• Return on Assets: 2.98%

Debt

• Debt-to-Equity Ratio: 2.76
• Current Ratio: 1.16
• Quick Ratio: 1.14

Sales & Book Value

• Annual Sales: $770.39 million
• Price / Sales: 2.75
• Cash Flow: $12.05 per share
• Price / Cash Flow: 4.15
• Book Value: $39.66 per share
• Price / Book: 1.26

Miscellaneous

• Outstanding Shares: 42,400,000
• Free Float: 40,659,000
• Market Cap: $2.12 billion
• Optionable: Optionable
• Beta: 1.01