GATX (NYSE:GATX) Issues Quarterly Earnings Results

GATX (NYSE:GATX) released its quarterly earnings data on Thursday. The transportation company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.25, RTT News reports. GATX had a net margin of 17.76% and a return on equity of 11.98%. During the same quarter in the previous year, the business earned $1.74 earnings per share. GATX updated its FY 2025 guidance to 8.300-8.700 EPS.

GATX Stock Up 4.7 %

Shares of NYSE GATX opened at $161.77 on Thursday. GATX has a 52 week low of $120.14 and a 52 week high of $167.74. The stock’s fifty day moving average is $157.28 and its 200 day moving average is $144.88. The company has a debt-to-equity ratio of 3.41, a quick ratio of 3.41 and a current ratio of 3.41. The stock has a market capitalization of $5.74 billion, a P/E ratio of 21.63 and a beta of 0.99.

GATX Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $2.32 dividend on an annualized basis and a yield of 1.43%. GATX’s dividend payout ratio (DPR) is presently 31.02%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Sidoti downgraded shares of GATX from a “buy” rating to a “neutral” rating and set a $158.00 target price for the company. in a report on Wednesday, December 4th. Susquehanna upped their target price on GATX from $122.00 to $140.00 and gave the company a “neutral” rating in a research report on Monday, October 21st. Finally, The Goldman Sachs Group initiated coverage on GATX in a report on Monday, November 18th. They set a “buy” rating and a $185.00 price target for the company. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, GATX currently has a consensus rating of “Hold” and an average target price of $151.80.

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.