GATX Corporation (GATX)

NYSE: GATX · IEX Real-Time Price · USD
112.06
-1.28 (-1.13%)
Dec 5, 2023, 10:55 AM EST - Market open
-1.13%
Market Cap 4.00B
Revenue (ttm) 1.36B
Net Income (ttm) 241.60M
Shares Out 35.50M
EPS (ttm) 6.70
PE Ratio 16.92
Forward PE 16.28
Dividend $2.20 (1.96%)
Ex-Dividend Date Dec 14, 2023
Volume 7,166
Open 113.22
Previous Close 113.34
Day's Range 111.85 - 113.53
52-Week Range 97.21 - 133.01
Beta 1.01
Analysts Buy
Price Target 138.20 (+23.33%)
Earnings Date Jan 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]

Sector Industrials
Founded 1898
Employees 1,904
Stock Exchange NYSE
Ticker Symbol GATX
Full Company Profile

Financial Performance

In 2022, GATX's revenue was $1.27 billion, an increase of 1.24% compared to the previous year's $1.26 billion. Earnings were $155.90 million, an increase of 8.94%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GATX stock is "Buy." The 12-month stock price forecast is $138.2, which is an increase of 23.33% from the latest price.

Price Target
$138.2
(23.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

27 days ago - Business Wire

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...

5 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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 ...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

Other symbols: TRNWAB
7 months ago - FreightWaves

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 ...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Market Watch

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 ...

10 months ago - Business Wire

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...

11 months ago - Business Wire

GATX optimistic about 2023 despite macroeconomic uncertainties

Despite macroeconomic and geopolitical uncertainties domestically and abroad, executives with rail car manufacturer and lessor GATX are confident that the rail car market will hold up well in 2023. “T...

11 months ago - FreightWaves

GATX Corporation Announces Quarterly Dividend Increase

CHICAGO--(BUSINESS WIRE)--The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.55 per common share, payable Mar. 31, 2023, to shareholders of record on Ma...

11 months ago - Business Wire

GATX Corporation Reports 2022 Fourth-Quarter and Full-Year Results

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today reported 2022 fourth-quarter net income of $48.4 million or $1.36 per diluted share, compared to net income of $61.0 million or $1.69 pe...

11 months ago - Business Wire

GATX Corporation Sets Date for 2022 Fourth-Quarter Earnings Release and Conference Call

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2022 fourth quarter prior to market open on Jan. 24, 2023. GATX will hold a conference call to review the results l...

11 months ago - Business Wire

Freight railroad unions say strike can still be avoided

The trade group representing the nation's freight railroads is confident that a strike by more than 100,000 union members can be avoided, even after rank-and-file members rejected the tentative labor ...

Other symbols: CPCSXNSCUNP
1 year ago - CNN Business

With U.S. economy at risk, here's how a national rail strike could start in December

Key rail union votes and decisions are coming as UPS, retailers, and the U.S. economy prepare for a potential strike that could shut down the freight network.

Other symbols: CPCSXNSCUNP
1 year ago - CNBC

A nationwide railroad workers strike is likely this December

CNBC's Lori Ann LaRocco gives the latest on the impending railroad strike.

Other symbols: CPCSXNSCUNP
1 year ago - CNBC Television

GATX Corporation Announces the Appointment of James B. Ream as Independent Chair of the Board

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today announced that James B.

1 year ago - Business Wire