Textainer Group (TGH) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Textainer Group in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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.
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2 brokerages have issued 12 month price objectives 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%.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
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Textainer Group Holdings Limited (NYSE:TGH) announced its earnings results on Tuesday, February, 13th. The transportation company reported $1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.05 by $0.08. The transportation company had revenue of $190.10 million for the quarter, compared to analyst estimates of $195.71 million. Textainer Group had a trailing twelve-month return on equity of 12.86% and a net margin of 26.57%. The business's quarterly revenue was down 6.3% compared to the same quarter last year.

Textainer Group declared a quarterly dividend on Tuesday, February 13th. Shareholders 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 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for TGH.

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.

AdvisorShares Dorsey Wright Micro-Cap ETF holds 1,102 shares of TGH stock, representing 0.92% of its portfolio.

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.

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).