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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:TGH

Textainer Group (TGH) Stock Price, News & Analysis

$49.99
0.00 (0.00%)
(As of 03/14/2024)
Today's Range
$49.99
$49.99
50-Day Range
$49.65
$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
$47.50

Textainer Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.0% Downside
$47.50 Price Target
Short Interest
Healthy
4.65% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.06
Upright™ Environmental Score
News Sentiment
0.20mentions of Textainer Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.91%
From $4.89 to $5.57 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.02 out of 5 stars

Transportation Sector

63rd out of 113 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

8th out of 12 stocks

TGH stock logo

About Textainer Group Stock (NYSE:TGH)

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.

TGH Stock Price History

TGH Stock News Headlines

Textainer Group (NYSE:TGH) Now Covered by StockNews.com
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
TGH Apr 2024 55.000 put
Stonepeak Completes Acquisition of Textainer
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Textainer Group Holdings Limited (TGH-PB)
Textainer Shareholders Approve Acquisition By Stonepeak - Quick Facts
TGH Mar 2024 50.000 call
Textainer Group Holdings Ltd.
Lisa P. Young Appointed to Valo's Board of Directors
Textainer Announces Expiration of “Go-Shop” Period
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
3/28/2024
Next Earnings (Estimated)
5/07/2024
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

Price Target and Rating

Average Stock Price Target
$47.50
High Stock Price Target
$50.00
Low Stock Price Target
$45.00
Potential Upside/Downside
-5.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

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

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Key Executives

  • Mr. Olivier Ghesquiere (Age 57)
    President, CEO & Director
    Comp: $1.36M
  • Mr. Michael K. Chan (Age 61)
    Executive VP & CFO
    Comp: $763.73k
  • Mr. Joaquim G. Figueira
    Vice President of Corporate Operations & Procurement
  • Mr. Gregory W. Coan (Age 60)
    Senior VP & Chief Information Officer
  • Tamara Bakarian
    Director of Investor Relations
  • Mr. Daniel W. Cohen Esq.
    VP & General Counsel
  • Mr. Philippe Wendling
    Senior Vice President of Marketing
  • Adam H. Hopkin
    Company Secretary

TGH Stock Analysis - Frequently Asked Questions

Should I buy or sell Textainer Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Textainer Group in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TGH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TGH, but not buy additional shares or sell existing shares.
View TGH analyst ratings
or view top-rated stocks.

What is Textainer Group's stock price target for 2024?

2 brokers have issued 1-year target prices for Textainer Group's shares. Their TGH share price targets range from $45.00 to $50.00. On average, they expect the company's share price to reach $47.50 in the next year. This suggests that the stock has a possible downside of 5.0%.
View analysts price targets for TGH
or view top-rated stocks among Wall Street analysts.

How have TGH shares performed in 2024?

Textainer Group's stock was trading at $49.20 at the beginning of 2024. Since then, TGH stock has increased by 1.6% and is now trading at $49.99.
View the best growth stocks for 2024 here
.

Are investors shorting Textainer Group?

Textainer Group saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 1,880,000 shares, an increase of 33.3% from the February 14th total of 1,410,000 shares. Based on an average daily volume of 622,400 shares, the short-interest ratio is presently 3.0 days. Currently, 4.7% of the shares of the stock are sold short.
View Textainer Group's Short Interest
.

When is Textainer Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our TGH earnings forecast
.

How were Textainer Group's earnings last quarter?

Textainer Group Holdings Limited (NYSE:TGH) released its quarterly earnings data on Tuesday, February, 13th. The transportation company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.05 by $0.08. The transportation company had revenue of $190.10 million for the quarter, compared to the consensus estimate of $195.71 million. Textainer Group had a net margin of 26.57% and a trailing twelve-month return on equity of 12.86%. Textainer Group's revenue was down 6.3% compared to the same quarter last year.

How often does Textainer Group pay dividends? What is the dividend yield for Textainer Group?

Textainer Group announced a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, March 1st will be given a dividend of $0.30 per share on Friday, March 15th. This represents a $1.20 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for TGH
.

Is Textainer Group a good dividend stock?

Textainer Group (NYSE:TGH) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.40%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TGH will have a dividend payout ratio of 21.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TGH.

What ETFs hold Textainer Group's stock?

ETFs with the largest weight of Textainer Group (NYSE:TGH) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) and EA Bridgeway Omni Small-Cap Value ETF (BSVO).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ).

What is Antonius Wagner's approval rating as Textainer Group's CEO?

6 employees have rated Textainer Group Chief Executive Officer Antonius Wagner on Glassdoor.com. Antonius Wagner has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Textainer Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), AT&T (T), Walt Disney (DIS), Kinder Morgan (KMI) and NVIDIA (NVDA).

Who are Textainer Group's major shareholders?

Textainer Group's stock is owned by many different institutional and retail investors. Top institutional investors include FIL Ltd (9.63%), Dimensional Fund Advisors LP (7.73%), Donald Smith & CO. Inc. (4.61%), KRYGER CAPITAL Ltd (3.55%), Alpine Associates Management Inc. (2.22%) and Oasis Management Co Ltd. (1.92%).
View institutional ownership trends
.

How do I buy shares of Textainer Group?

Shares of TGH 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.

This page (NYSE:TGH) was last updated on 3/29/2024 by MarketBeat.com Staff

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