GATX Corporation (GATX)
| Market Cap | 4.55B |
| Revenue (ttm) | 1.41B |
| Net Income (ttm) | 259.20M |
| Shares Out | 35.54M |
| EPS (ttm) | 7.12 |
| PE Ratio | 17.98 |
| Forward PE | 16.59 |
| Dividend | $2.32 (1.81%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 174,237 |
| Open | 125.04 |
| Previous Close | 125.83 |
| Day's Range | 124.71 - 128.16 |
| 52-Week Range | 97.21 - 135.66 |
| Beta | 0.99 |
| Analysts | Buy |
| Price Target | 135.25 (+5.67%) |
| Earnings Date | Apr 23, 2024 |
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. It also offers maintenance services, including the interior cleaning of railcars, routine maintenance and repair of car body and safety appliances, regulatory compliance work... [Read more]
Financial Performance
In 2023, GATX's revenue was $1.41 billion, an increase of 10.83% compared to the previous year's $1.27 billion. Earnings were $259.20 million, an increase of 66.26%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for GATX stock is "Buy." The 12-month stock price forecast is $135.25, which is an increase of 5.67% from the latest price.
News
GATX Corporation Reports 2024 First-Quarter Results
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today reported 2024 first-quarter net income of $74.3 million, or $2.03 per diluted share, compared to net income of $77.4 million, or $2.16 per...
GATX Corporation Sets Date for 2024 First-Quarter Earnings Release and Conference Call
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) will report results for the 2024 first quarter prior to market open on April 23, 2024. GATX will hold a conference call to review the results la...
Trifleet Leasing Appoints Robin Pol as Managing Director
DORDRECHT, MAINPORT ROTTERDAM, Netherlands--(BUSINESS WIRE)--Trifleet Leasing Holding B.V. (“Trifleet”), a wholly owned subsidiary of Chicago-based GATX Corporation (NYSE: GATX), announced that Robin ...
GATX Corporation to Present at the Stifel 2024 Transportation & Logistics Conference
CHICAGO--(BUSINESS WIRE)--Thomas A. Ellman, executive vice president and chief financial officer, GATX Corporation (NYSE: GATX), will present at the Stifel 2024 Transportation & Logistics Conference o...
GATX Corporation Announces Quarterly Dividend Increase
CHICAGO--(BUSINESS WIRE)--The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.58 per common share, payable Mar. 31, 2024, to shareholders of record on Mar...
GATX Corporation Adds John Holmes to Board of Directors
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today announced the election of John M. Holmes to its board of directors. Mr. Holmes will also serve as a member of the board's Audit Committee....
GATX Corporation Reports 2023 Fourth-Quarter and Full-Year Results
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today reported 2023 fourth-quarter net income of $66.0 million or $1.81 per diluted share, compared to net income of $48.4 million or $1.36 per ...
GATX Corporation Sets Date for 2023 Fourth-Quarter Earnings Release and Conference Call
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2023 fourth quarter prior to market open on Jan. 23, 2024. GATX will hold a conference call to review the results lat...
GATX Corporation to Present at the Stephens Annual Investment Conference
CHICAGO--(BUSINESS WIRE)--Thomas A. Ellman, executive vice president and chief financial officer of GATX Corporation (NYSE: GATX), will present at the Stephens Annual Investment Conference on Wednesda...
GATX Corporation Announces Quarterly Dividend
CHICAGO--(BUSINESS WIRE)--The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.55 per common share, payable Dec. 31, 2023, to shareholders of record on Dec...
GATX Corporation Reports 2023 Third-Quarter Results
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today reported 2023 third-quarter net income of $52.5 million, or $1.44 per diluted share, compared to net income of $29.1 million, or $0.81 per...
GATX Corporation Sets Date for 2023 Third-Quarter Earnings Release and Conference Call
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) will report results for the 2023 third quarter prior to market open on Oct. 24, 2023. GATX will hold a conference call to review the results lat...
GATX Corporation to Present at the TD Cowen Annual Global Transportation Conference
CHICAGO--(BUSINESS WIRE)--Thomas A. Ellman, executive vice president and chief financial officer of GATX Corporation (NYSE: GATX), will present at The TD Cowen Annual Global Transportation Conference ...
GATX Corporation Appoints Three Senior Vice Presidents
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX), the leading global lessor of transportation assets, today announced three senior leadership promotions, effective immediately: Kevin J. Hillesl...
GATX Corporation Adds Shelley Bausch to Board of Directors
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today announced the election of Shelley J. Bausch to its board of directors. Ms. Bausch will also serve as a member of the board's Audit and Gov...
GATX Corporation Reports 2023 Second-Quarter Results
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today reported 2023 second-quarter net income of $63.3 million, or $1.74 per diluted share, compared to net income of $2.6 million, or $0.07 per...
GATX Corporation Announces Modification to Its Lease Price Index (LPI) Calculation
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today announced a modified methodology for its Lease Price Index (LPI) calculation. This modification, accompanied by historical data dating back...
GATX Corporation Sets Date for 2023 Second-Quarter Earnings Release and Conference Call
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2023 second-quarter prior to market open on July 25, 2023. GATX will hold a conference call to review the results lat...
GATX Corporation to Present at 2023 Wells Fargo Industrials Conference
CHICAGO--(BUSINESS WIRE)--Robert C. Lyons, president and chief executive officer, GATX Corporation (NYSE:GATX), will participate in a fireside chat at the 2023 Wells Fargo Industrials Conference on Tu...
Trinity Industries, GATX and Wabtec see opportunities amid headwinds
Rail equipment manufacturers and rail car lessors see 2023 as a year of opportunities despite lower North American rail volumes in the first quarter. Here's what officials said about the rail car mark...
GATX Corporation Reports 2023 First-Quarter Results
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today reported 2023 first-quarter net income of $77.4 million, or $2.16 per diluted share, compared to net income of $75.8 million, or $2.10 per ...
GATX Corporation Sets Date for 2023 First-Quarter Earnings Release and Conference Call
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2023 first quarter prior to market open on Apr. 25, 2023. GATX will hold a conference call to review the results late...
GATX stock takes a dive after WSJ report showing the company owned the railcar that derailed in Ohio
Shares of GATX Corp. GATX, -3.21% took a 2.9% dive in morning trading Friday, reversing an earlier intraday gain of as much as 0.4%, after The Wall Street Journal reported that the railroad freight ca...
GATX Corporation to Present at the Stifel 203 Transportation & Logistics Conference
CHICAGO--(BUSINESS WIRE)--Thomas A. Ellman, executive vice president and chief financial officer, GATX Corporation (NYSE:GATX), will present at the Stifel 2023 Transportation & Logistics Conference ...
GATX Corporation Announces BBB+ Long-Term Issuer Rating From Fitch Ratings, Inc.
CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) announced today that Fitch Ratings, Inc. (“Fitch”) has assigned the Company a BBB+ Long-Term Issuer Default Rating (IDR) with a stable outlook...