Freightcar America, Inc. (NASDAQ:RAIL – Free Report) – Analysts at Noble Financial issued their Q3 2026 earnings per share estimates for Freightcar America in a research note issued to investors on Thursday, July 24th. Noble Financial analyst M. Reichman anticipates that the transportation company will post earnings of $0.07 per share for the quarter. The consensus estimate for Freightcar America’s current full-year earnings is $0.09 per share. Noble Financial also issued estimates for Freightcar America’s Q4 2026 earnings at $0.08 EPS and FY2026 earnings at $0.35 EPS.
Other equities analysts also recently issued research reports about the company. Wall Street Zen downgraded Freightcar America from a “buy” rating to a “hold” rating in a report on Wednesday, May 7th. Northcoast Research began coverage on Freightcar America in a report on Thursday, May 1st. They set a “buy” rating and a $9.00 target price for the company.
Freightcar America Stock Up 1.2%
Shares of Freightcar America stock opened at $11.46 on Monday. The company has a market cap of $218.20 million, a PE ratio of -12.32 and a beta of 1.89. The business has a 50 day moving average of $9.10 and a 200 day moving average of $8.45. Freightcar America has a 52 week low of $3.12 and a 52 week high of $16.10.
Insider Activity at Freightcar America
In related news, insider Celia Perez sold 7,982 shares of the company’s stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $8.59, for a total transaction of $68,565.38. Following the completion of the transaction, the insider owned 50,326 shares in the company, valued at $432,300.34. This represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 28.70% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Freightcar America
A number of institutional investors have recently added to or reduced their stakes in the company. Mechanics Financial Corp raised its holdings in Freightcar America by 100.0% in the second quarter. Mechanics Financial Corp now owns 20,000 shares of the transportation company’s stock worth $172,000 after purchasing an additional 10,000 shares in the last quarter. North Star Investment Management Corp. bought a new position in Freightcar America in the second quarter worth $1,498,000. Goldman Sachs Group Inc. raised its holdings in Freightcar America by 58.8% in the first quarter. Goldman Sachs Group Inc. now owns 106,656 shares of the transportation company’s stock worth $590,000 after purchasing an additional 39,506 shares in the last quarter. Jane Street Group LLC raised its holdings in Freightcar America by 13.1% in the first quarter. Jane Street Group LLC now owns 108,724 shares of the transportation company’s stock worth $601,000 after purchasing an additional 12,610 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in Freightcar America in the first quarter worth $61,000. Institutional investors own 31.96% of the company’s stock.
About Freightcar America
FreightCar America, Inc, through its subsidiaries, engages in design, manufacture, and sale of railcars and railcar components for the transportation of bulk commodities and containerized freight products in the United States and Mexico. It operates in two segments, Manufacturing and Parts. The company offers a range of railcars, including open top hoppers, mill gondola cars, intermodal and non-intermodal flat cars, coal cars; bulk commodity cars covered hopper cars, coil steel cars, boxcars, woodchip hoppers, aluminum vehicle carriers, and articulated bulk container railcars.
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