Greenbrier Companies, Inc. (The) (GBX) To Go Ex-Dividend on April 20th

Greenbrier Companies, Inc. (The) (NYSE:GBX) declared a quarterly dividend on Tuesday, March 31st. Investors of record on Monday, April 20th will be given a dividend of 0.34 per share by the transportation company on Monday, May 11th. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Monday, April 20th. This is a 6.3% increase from Greenbrier Companies’s previous quarterly dividend of $0.32.

Greenbrier Companies has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Greenbrier Companies has a payout ratio of 28.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Greenbrier Companies to earn $6.25 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 21.8%.

Greenbrier Companies Trading Up 0.1%

GBX opened at $50.37 on Friday. The stock’s 50-day moving average price is $53.77 and its 200 day moving average price is $48.97. Greenbrier Companies has a 12-month low of $38.23 and a 12-month high of $59.19. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 10.88, a PEG ratio of 2.90 and a beta of 1.62.

Greenbrier Companies (NYSE:GBX) last posted its earnings results on Tuesday, April 7th. The transportation company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.35). Greenbrier Companies had a return on equity of 8.94% and a net margin of 5.12%.The firm had revenue of $587.50 million for the quarter, compared to analyst estimates of $667.02 million. During the same period in the previous year, the company posted $1.56 EPS. Greenbrier Companies’s revenue was down 22.9% on a year-over-year basis. On average, research analysts forecast that Greenbrier Companies will post 5.9 earnings per share for the current year.

About Greenbrier Companies

The Greenbrier Companies, headquartered in Lake Oswego, Oregon, is a leading supplier of freight transportation equipment and services. The company designs, engineers and manufactures railroad freight cars—such as intermodal well cars, covered hoppers, tank cars and double-stack cars—as well as marine barges for domestic and international customers. Beyond original equipment production, Greenbrier provides aftermarket services including maintenance, repair, refurbishment and mechanical overhauls under long-term service agreements.

Greenbrier’s operations are organized into OEM and aftermarket segments, with manufacturing facilities and engineering centers across North America, Europe and Russia.