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 twelve months. 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 Wall Street analysts have issued 1 year price objectives for Textainer Group's stock. 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 twelve months. 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 the year. Since then, TGH stock has increased by 1.6% and is now trading at $49.99. View the best growth stocks for 2024 here .

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 analysts' consensus estimates of $1.05 by $0.08. The transportation company earned $190.10 million during 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 paid 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 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 ETF holds Textainer Group's stock?

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

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) .

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 .

NYSE:TGH

Textainer Group (TGH) Stock Price, News & Analysis

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Free TGH Stock Alerts

$49.99

0.00 (0.00%)

(As of 03/14/2024)

Compare

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: $47.50

Get Textainer Group alerts:

Textainer Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 5.0% Downside
$47.50 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -4.34
Upright™ Environmental Score
News Sentiment: N/A
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.

0.70 out of 5 stars

Transportation Sector

103rd out of 111 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

11th out of 11 stocks

1.0

Analyst's Opinion

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, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Textainer Group has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TGH.

2.5

Dividend Strength

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 has only been increasing its dividend for 1 years.
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.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Textainer Group has received a -8.67% net impact score from Upright. The largest negative impact of Textainer in category "GHG emissions" is driven by its "Rental of storage systems" product. See details.
Environmental Sustainability
The Environmental Impact score for Textainer Group is -4.34.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Textainer Group this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for TGH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

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.

2.5

Earnings 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 140.47.
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 16.73.
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.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

TGH Stock News Headlines

April 9, 2024 | americanbankingnews.com

StockNews.com Initiates Coverage on Textainer Group (NYSE:TGH)

March 28, 2024 | msn.com

Textainer Group Holdings to Delist from Johannesburg Stock Exchange

April 15, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

March 16, 2024 | finance.yahoo.com

TGH Apr 2024 55.000 put

March 14, 2024 | msn.com

Here's Why ClearBridge Small Cap Value Strategy Sold Textainer (TGH)

March 14, 2024 | finance.yahoo.com

Here’s Why ClearBridge Small Cap Value Strategy Sold Textainer (TGH)

March 14, 2024 | globenewswire.com

Stonepeak Completes Acquisition of Textainer

March 14, 2024 | globenewswire.com

Textainer Closes Acquisition by Stonepeak and Announces Post-Acquisition Redemption of All Preference Shares and Related Depositary Shares

April 15, 2024 | Gold Safe Exchange (Ad)

Trump’s “Tax Free” Retirement Strategy

March 11, 2024 | msn.com

Textainer Group Holdings Limited Announces Finalization and Payment Details for Merger with Stonepeak Entities

March 1, 2024 | finance.yahoo.com

Textainer Group Holdings Limited (TGH-PB)

February 23, 2024 | markets.businessinsider.com

Textainer Shareholders Approve Acquisition By Stonepeak - Quick Facts

February 23, 2024 | msn.com

Textainer's shareholders approve of Stonepeak deal

February 23, 2024 | globenewswire.com

Textainer Announces Shareholder Approval of Its Pending Acquisition by Stonepeak and Receipt of Required Antitrust Approvals

February 18, 2024 | finance.yahoo.com

TGH Mar 2024 50.000 call

February 13, 2024 | msn.com

Textainer Group Holdings Non-GAAP EPS of $1.13, total lease rental income of $190.83M

February 13, 2024 | msn.com

Textainer Group Holdings maintains quarterly dividend of $0.30 a share

February 13, 2024 | finance.yahoo.com

Textainer Group Holdings Limited Reports Fourth-Quarter and Full-Year 2023 Results and Declares Dividend

February 9, 2024 | wsj.com

Textainer Group Holdings Ltd.

February 6, 2024 | finance.yahoo.com

Donald Smith & Co. Adjusts Stake in Textainer Group Holdings Ltd

January 23, 2024 | seekingalpha.com

Textainer Group Holdings Limited Trading At An Estimated 6.85% Yield-To-Close

January 17, 2024 | finance.yahoo.com

Textainer Announces Date Of Special Meeting And Publication Of Its Proxy Statement To Approve Acquisition By Stonepeak

January 6, 2024 | nasdaq.com

Textainer Group Holdings' Series A Preference Shares Yield Pushes Past 7%

January 4, 2024 | finance.yahoo.com

Lisa P. Young Appointed to Valo's Board of Directors

November 27, 2023 | msn.com

Textainer Group Holdings (TGH) Price Target Increased by 5.26% to 51.00

November 22, 2023 | finance.yahoo.com

Textainer Announces Expiration of “Go-Shop” Period

November 2, 2023 | msn.com

Textainer Group Holdings Non-GAAP EPS of $1.08 misses by $0.06, revenue of $192.5M misses by $2.56M

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: 4/15/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

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: $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

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

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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

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

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 twelve months. 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 Wall Street analysts have issued 1 year price objectives for Textainer Group's stock. 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 twelve months. 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 the year. Since then, TGH stock has increased by 1.6% and is now trading at $49.99.
View the best growth stocks for 2024 here.
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 analysts' consensus estimates of $1.05 by $0.08. The transportation company earned $190.10 million during 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 paid 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 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 ETF holds Textainer Group's stock?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 1,102 shares of TGH stock, representing 0.92% of its portfolio.
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).
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 4/15/2024 by MarketBeat.com Staff

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Textainer Group (TGH) Stock Price, News & Analysis

Textainer Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Textainer Group Stock (NYSE:TGH)

TGH Stock Price History

TGH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

TGH Stock Analysis - Frequently Asked Questions

Overall MarketRank^™