Freightcar America, Inc. (NASDAQ:RAIL – Free Report) – Investment analysts at Noble Financial raised their Q3 2026 earnings per share estimates for shares of Freightcar America in a research report issued to clients and investors on Thursday, September 18th. Noble Financial analyst M. Reichman now forecasts that the transportation company will post earnings per share of $0.16 for the quarter, up from their prior forecast of $0.11. 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 $0.17 EPS and FY2026 earnings at $0.55 EPS.
Separately, Wall Street Zen downgraded Freightcar America from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $9.00.
Freightcar America Trading Down 0.1%
Shares of RAIL stock opened at $9.10 on Friday. The business’s 50 day moving average is $9.41 and its two-hundred day moving average is $7.91. Freightcar America has a twelve month low of $4.31 and a twelve month high of $16.10. The company has a market capitalization of $174.08 million, a P/E ratio of -13.00 and a beta of 1.95.
Insider Activity
In related news, insider Celia Perez sold 7,982 shares of the stock in a transaction 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 sale, the insider directly owned 50,326 shares in the company, valued at approximately $432,300.34. This trade 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 accessible through the SEC website. 28.70% of the stock is owned by insiders.
Institutional Investors Weigh In On Freightcar America
Hedge funds and other institutional investors have recently made changes to their positions in the business. State of Wyoming acquired a new stake in shares of Freightcar America in the second quarter valued at about $63,000. Mechanics Financial Corp bought a new position in shares of Freightcar America in the first quarter valued at approximately $55,000. Pacific Wealth Strategies Group Inc. bought a new position in shares of Freightcar America in the second quarter valued at approximately $87,000. Dynamic Technology Lab Private Ltd bought a new position in Freightcar America in the 1st quarter worth approximately $61,000. Finally, Walleye Capital LLC bought a new position in Freightcar America in the 1st quarter worth approximately $74,000. 31.96% of the stock is owned by institutional investors and hedge funds.
Freightcar America Company Profile
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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