Noble Financial Has Negative Forecast for RAIL Q1 Earnings

Freightcar America, Inc. (NASDAQ:RAIL) – Research analysts at Noble Financial decreased their Q1 2026 EPS estimates for shares of Freightcar America in a research note issued on Thursday, September 18th. Noble Financial analyst M. Reichman now expects that the transportation company will post earnings per share of $0.09 for the quarter, down from their previous forecast of $0.17. 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 Q2 2026 earnings at $0.13 EPS.

Separately, Wall Street Zen downgraded shares of Freightcar America from a “buy” rating to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $9.00.

Freightcar America Stock Down 0.1%

Shares of RAIL stock opened at $9.10 on Monday. The company has a market cap of $174.08 million, a price-to-earnings ratio of -13.00 and a beta of 1.95. Freightcar America has a 52 week low of $4.31 and a 52 week high of $16.10. The firm has a 50 day moving average of $9.41 and a 200-day moving average of $7.92.

Insider Activity at Freightcar America

In other news, insider Celia Perez sold 7,982 shares of Freightcar America 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 sale, the insider directly owned 50,326 shares in the company, valued at $432,300.34. The trade was a 13.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 28.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Freightcar America

A number of hedge funds have recently made changes to their positions in RAIL. North Star Investment Management Corp. bought a new stake in shares of Freightcar America during the 2nd quarter worth $1,498,000. Russell Investments Group Ltd. raised its stake in shares of Freightcar America by 435.5% during the 1st quarter. Russell Investments Group Ltd. now owns 141,337 shares of the transportation company’s stock worth $782,000 after purchasing an additional 114,945 shares during the period. JPMorgan Chase & Co. bought a new stake in Freightcar America in the 2nd quarter valued at about $813,000. Millennium Management LLC raised its stake in Freightcar America by 170.7% in the 4th quarter. Millennium Management LLC now owns 140,108 shares of the transportation company’s stock valued at $1,255,000 after acquiring an additional 88,356 shares during the period. Finally, Man Group plc bought a new stake in Freightcar America in the 4th quarter valued at about $480,000. 31.96% of the stock is currently owned by institutional investors.

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.