GATX (NYSE:GATX) Issues FY 2025 Earnings Guidance

GATX (NYSE:GATX) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 8.500-8.900 for the period, compared to the consensus EPS estimate of 8.800. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on GATX shares. Citigroup started coverage on shares of GATX in a report on Monday, September 22nd. They issued a “buy” rating and a $201.00 target price for the company. Weiss Ratings reissued a “buy (b)” rating on shares of GATX in a report on Wednesday, October 8th. Finally, Susquehanna set a $190.00 target price on shares of GATX and gave the stock a “positive” rating in a report on Monday, August 18th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $183.50.

GATX Trading Down 5.5%

Shares of GATX opened at $163.44 on Wednesday. The company has a debt-to-equity ratio of 3.27, a current ratio of 2.93 and a quick ratio of 2.93. GATX has a 1 year low of $134.01 and a 1 year high of $178.26. The company has a 50 day simple moving average of $169.43 and a two-hundred day simple moving average of $157.59. The firm has a market cap of $5.82 billion, a P/E ratio of 18.70 and a beta of 1.18.

GATX (NYSE:GATX) last announced its quarterly earnings data on Tuesday, July 29th. The transportation company reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.11. GATX had a net margin of 19.13% and a return on equity of 12.52%. The business had revenue of $430.50 million during the quarter, compared to analyst estimates of $425.52 million. GATX has set its FY 2025 guidance at 8.500-8.900 EPS. On average, equities analysts expect that GATX will post 8.5 earnings per share for the current fiscal year.

GATX Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, September 15th. GATX’s dividend payout ratio is currently 27.92%.

Insider Transactions at GATX

In other news, SVP Kevin Hillesland sold 2,200 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $152.59, for a total transaction of $335,698.00. Following the completion of the transaction, the senior vice president directly owned 7,606 shares in the company, valued at approximately $1,160,599.54. This represents a 22.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Anne L. Arvia sold 979 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $165.35, for a total value of $161,877.65. Following the transaction, the director owned 33,077 shares of the company’s stock, valued at $5,469,281.95. This represents a 2.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,914 shares of company stock valued at $2,953,509 over the last quarter. 2.17% of the stock is owned by insiders.

Institutional Trading of GATX

Institutional investors have recently bought and sold shares of the stock. State of Wyoming bought a new stake in GATX in the second quarter worth $105,000. EverSource Wealth Advisors LLC lifted its position in GATX by 318.2% in the second quarter. EverSource Wealth Advisors LLC now owns 690 shares of the transportation company’s stock worth $106,000 after buying an additional 525 shares during the last quarter. Baird Financial Group Inc. bought a new stake in GATX in the second quarter worth $250,000. Vident Advisory LLC lifted its position in GATX by 12.6% in the second quarter. Vident Advisory LLC now owns 2,752 shares of the transportation company’s stock worth $423,000 after buying an additional 307 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its position in GATX by 84.5% in the second quarter. Quantinno Capital Management LP now owns 3,272 shares of the transportation company’s stock worth $503,000 after buying an additional 1,499 shares during the last quarter. 93.14% of the stock is currently owned by institutional investors.

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.