S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
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3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NYSE:GATX

GATX (GATX) Stock Price, News & Analysis

$129.50
-0.15 (-0.12%)
(As of 04/15/2024 ET)
Today's Range
$129.06
$131.22
50-Day Range
$124.45
$134.09
52-Week Range
$97.21
$135.65
Volume
110,133 shs
Average Volume
140,074 shs
Market Capitalization
$4.60 billion
P/E Ratio
18.11
Dividend Yield
1.79%
Price Target
$134.50

GATX MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
3.9% Upside
$134.50 Price Target
Short Interest
Healthy
3.22% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.72mentions of GATX in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$5.04 M Sold Last Quarter
Proj. Earnings Growth
3.85%
From $7.53 to $7.82 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.

2.61 out of 5 stars

Transportation Sector

75th out of 111 stocks

Transportation Services Industry

8th out of 15 stocks

GATX stock logo

About GATX Stock (NYSE:GATX)

GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries. It also offers maintenance services, including the interior cleaning of railcars, routine maintenance and repair of car body and safety appliances, regulatory compliance works, wheelset replacements, interior blast and lining, exterior blast and painting, and car stenciling services. In addition, the company manufactures commercial aircraft jet engines and leases aircraft spare engines; and owns and manages tank containers that are leased to chemical, industrial gas, energy, food, cryogenic and pharmaceutical industries, and tank container operators, as well as provides tank container sourcing, remarketing, and inspection and maintenance services. As of December 31, 2023, it owned and operated a fleet of approximately 148,500 railcars; 493 four-axle and 30 six-axle locomotives; 399 aircraft spare engines; and 23,931 tank containers. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.

GATX Stock Price History

GATX Stock News Headlines

GATX (GATX) Scheduled to Post Quarterly Earnings on Tuesday
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GATX Apr 2024 130.000 call
GATX: Hold Rating on Sustained Market Strength and Balanced Prospects
When Should You Buy GATX Corporation (NYSE:GATX)?
GATX Mar 2024 110.000 call
GATX Rewards Shareholders With Dividend Increase of 5.5%
GATX Surpasses Q4 Earnings Estimates, Misses on Revenues
GATX Corporation Adds John Holmes to Board of Directors
GATX Corporation Announces Quarterly Dividend Increase
See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Ex-Dividend for 3/31 Dividend
2/29/2024
Dividend Payable
3/31/2024
Today
4/15/2024
Next Earnings (Confirmed)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
Trading Companies & Distributors
CUSIP
36144810
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$134.50
High Stock Price Target
$142.00
Low Stock Price Target
$120.00
Potential Upside/Downside
+3.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$259.20 million
Pretax Margin
17.40%

Debt

Sales & Book Value

Annual Sales
$1.41 billion
Cash Flow
$18.29 per share
Book Value
$64.03 per share

Miscellaneous

Free Float
34,831,000
Market Cap
$4.60 billion
Optionable
Optionable
Beta
0.98
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GATX Stock Analysis - Frequently Asked Questions

Should I buy or sell GATX stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GATX in the last twelve months. 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.
View GATX analyst ratings
or view top-rated stocks.

What is GATX's stock price target for 2024?

3 equities research analysts have issued 12 month price objectives for GATX's stock. Their GATX share price targets range from $120.00 to $142.00. On average, they predict the company's share price to reach $134.50 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price.
View analysts price targets for GATX
or view top-rated stocks among Wall Street analysts.

How have GATX shares performed in 2024?

GATX's stock was trading at $120.22 at the start of the year. Since then, GATX stock has increased by 7.7% and is now trading at $129.50.
View the best growth stocks for 2024 here
.

Are investors shorting GATX?

GATX saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,130,000 shares, a decrease of 8.1% from the March 15th total of 1,230,000 shares. Based on an average daily trading volume, of 140,700 shares, the short-interest ratio is presently 8.0 days. Approximately 3.2% of the company's shares are short sold.
View GATX's Short Interest
.

When is GATX's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our GATX earnings forecast
.

How can I listen to GATX's earnings call?

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".

How were GATX's earnings last quarter?

GATX Co. (NYSE:GATX) issued its quarterly earnings results 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 earned $368.70 million during the quarter, compared to analysts' expectations of $365.32 million. GATX had a trailing twelve-month return on equity of 11.81% and a net margin of 18.37%. The company's revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.54 EPS.

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

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

Is GATX a good dividend stock?

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.

What guidance has GATX issued on next quarter's earnings?

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

What other stocks do shareholders of GATX own?
Who are GATX's major shareholders?

GATX's stock is owned by a variety 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.
View institutional ownership trends
.

How do I buy shares of GATX?

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.
Compare Top Brokerages Here.

This page (NYSE:GATX) was last updated on 4/16/2024 by MarketBeat.com Staff

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