Noble Financial Has Positive Forecast for RAIL Q3 Earnings

Freightcar America, Inc. (NASDAQ:RAIL) – Research analysts at Noble Financial raised their Q3 2026 EPS estimates for shares of Freightcar America in a research note issued to investors on Monday, March 30th. Noble Financial analyst M. Reichman now anticipates that the transportation company will post earnings per share of $0.18 for the quarter, up from their prior estimate of $0.16. 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 $0.19 EPS.

Other equities analysts have also recently issued reports about the company. Wall Street Zen cut Freightcar America from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Weiss Ratings raised Freightcar America from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $9.00.

Freightcar America Stock Up 1.5%

Shares of RAIL opened at $8.09 on Wednesday. The company has a market capitalization of $154.28 million, a P/E ratio of 7.29 and a beta of 1.70. The firm has a 50 day moving average of $11.34 and a 200 day moving average of $10.17. Freightcar America has a twelve month low of $4.31 and a twelve month high of $14.90.

Freightcar America (NASDAQ:RAIL) last issued its earnings results on Monday, March 9th. The transportation company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). Freightcar America had a negative return on equity of 15.54% and a net margin of 7.61%.The firm had revenue of $125.57 million during the quarter, compared to the consensus estimate of $144.95 million.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of RAIL. Vanguard Group Inc. grew its stake in shares of Freightcar America by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 631,029 shares of the transportation company’s stock valued at $6,171,000 after purchasing an additional 13,301 shares during the period. Marshall Wace LLP increased its position in shares of Freightcar America by 92.4% during the 4th quarter. Marshall Wace LLP now owns 446,420 shares of the transportation company’s stock valued at $4,942,000 after purchasing an additional 214,397 shares during the last quarter. Essex Investment Management Co. LLC lifted its stake in shares of Freightcar America by 68.7% in the 4th quarter. Essex Investment Management Co. LLC now owns 346,144 shares of the transportation company’s stock worth $3,832,000 after purchasing an additional 140,946 shares during the period. Ancora Advisors LLC lifted its stake in shares of Freightcar America by 12.9% in the 3rd quarter. Ancora Advisors LLC now owns 328,921 shares of the transportation company’s stock worth $3,217,000 after purchasing an additional 37,530 shares during the period. Finally, Hillsdale Investment Management Inc. boosted its holdings in shares of Freightcar America by 708.2% in the fourth quarter. Hillsdale Investment Management Inc. now owns 290,954 shares of the transportation company’s stock worth $3,221,000 after buying an additional 254,954 shares during the last quarter. Institutional investors own 31.96% of the company’s stock.

Freightcar America Company Profile

FreightCar America, Inc is a designer and manufacturer of specialized railroad freight cars, offering a diverse range of products that include tank cars, open and covered hoppers, gondolas, boxcars and centerbeam lumber cars. The company supports both new car construction and the rebuilding of existing fleets, providing custom engineering solutions to meet customer specifications and industry regulations. FreightCar America also supplies aftermarket parts, maintenance services and component remanufacturing for its own fleet and for third-party car owners.

Headquartered in Chicago, Illinois, FreightCar America traces its origins to early 20th-century railcar builders and began trading as an independent, publicly-listed company on the NASDAQ under the ticker RAIL following a spin-off in 2010.