GATX (GATX) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GATX in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" GATX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GATX, but not buy additional shares or sell existing shares.
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3 Wall Street research analysts have issued 1 year price objectives for GATX's stock. Their GATX share price targets range from $120.00 to $142.00. On average, they anticipate the company's stock price to reach $134.50 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price.
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GATX's stock was trading at $120.22 at the beginning of 2024. Since then, GATX stock has increased by 7.7% and is now trading at $129.50.
View the best growth stocks for 2024 here.

GATX saw a decline in short interest in March. As of March 31st, there was short interest totaling 1,130,000 shares, a decline of 8.1% from the March 15th total of 1,230,000 shares. Based on an average daily volume of 140,700 shares, the short-interest ratio is currently 8.0 days. Approximately 3.2% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our GATX earnings forecast.

GATX will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "2548217".

GATX Co. (NYSE:GATX) posted its quarterly earnings data on Tuesday, January, 23rd. The transportation company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.58 by $0.16. The transportation company had revenue of $368.70 million for the quarter, compared to the consensus estimate of $365.32 million. GATX had a net margin of 18.37% and a trailing twelve-month return on equity of 11.81%. The firm's quarterly revenue was up 14.3% on a year-over-year basis. During the same period last year, the company earned $1.54 EPS.

GATX announced a quarterly dividend on Friday, January 26th. Stockholders of record on Friday, March 1st will be given a dividend of $0.58 per share on Sunday, March 31st. This represents a $2.32 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend is Thursday, February 29th. This is a boost from the stock's previous quarterly dividend of $0.55.
Read our dividend analysis for GATX.

GATX (NYSE:GATX) pays an annual dividend of $2.32 per share and currently has a dividend yield of 1.79%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GATX will have a dividend payout ratio of 29.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GATX.

ETFs with the largest weight of GATX (NYSE:GATX) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco S&P MidCap Low Volatility ETF (XMLV), AlphaMark Actively Managed Small Cap ETF (SMCP), ProShares Russell 2000 Dividend Growers ETF (SMDV), Avantis US Small Cap Value ETF (AVUV), iShares Russell 2000 Value ETF (IWN), Timothy Plan US Small Cap Core ETF (TPSC) and Vanguard Russell 2000 Value ETF (VTWV).

GATX updated its FY 2024 earnings guidance on Tuesday, January, 23rd. The company provided EPS guidance of 7.300-7.700 for the period, compared to the consensus earnings per share estimate of 7.000. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other GATX investors own include Dominion Energy (D), Gilead Sciences (GILD), Valero Energy (VLO), Wells Fargo & Company (WFC), International Business Machines (IBM), Occidental Petroleum (OXY), Exxon Mobil (XOM), ConocoPhillips (COP) and Cisco Systems (CSCO).

GATX's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Community Bank of Raymore (0.17%), Park Avenue Securities LLC (0.01%), Kingswood Wealth Advisors LLC (0.01%), Mather Group LLC. (0.00%) and CWM LLC (0.00%). Insiders that own company stock include Aken Jennifer Van, Brian A Kenney, Brian A Kenney, Deborah A Golden, Deborah A Golden, James M Conniff, James M Conniff, Jeffery R Young, Jennifer Mcmanus, John Sbragia, Kevin Hillesland, Necati Gokce Tezel, Niyi Adedoyin, Paul F Titterton, Robert C Lyons, Robert Zmudka and Thomas A Ellman.
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Shares of GATX 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.
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