GATX (NYSE:GATX – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 8.300-8.700 for the period, compared to the consensus earnings per share estimate of 8.350. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of research firms have recently weighed in on GATX. Sidoti downgraded GATX from a “buy” rating to a “neutral” rating and set a $158.00 price target on the stock. in a research note on Wednesday, December 4th. The Goldman Sachs Group initiated coverage on GATX in a research note on Monday, November 18th. They issued a “buy” rating and a $185.00 target price for the company. Finally, Susquehanna raised their price target on GATX from $122.00 to $140.00 and gave the stock a “neutral” rating in a research report on Monday, October 21st. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $151.80.
Read Our Latest Stock Report on GATX
GATX Stock Performance
GATX (NYSE:GATX – Get Free Report) last issued its quarterly earnings results on Tuesday, October 22nd. The transportation company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.54. GATX had a return on equity of 11.98% and a net margin of 17.76%. The company had revenue of $405.40 million for the quarter, compared to analyst estimates of $391.65 million. During the same period in the previous year, the company posted $1.44 earnings per share. The company’s quarterly revenue was up 12.6% compared to the same quarter last year. Equities analysts predict that GATX will post 7.6 earnings per share for the current fiscal year.
GATX Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date of this dividend was Friday, December 13th. GATX’s dividend payout ratio is currently 31.02%.
About 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.
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