GATX Corporation (GATX)

NYSE: GATX · IEX Real-Time Price · USD
113.26
+0.61 (0.54%)
Dec 2, 2022 4:00 PM EST - Market closed
0.54%
Market Cap 3.96B
Revenue (ttm) 1.27B
Net Income (ttm) 168.50M
Shares Out 35.20M
EPS (ttm) 4.69
PE Ratio 24.15
Forward PE 16.08
Dividend $2.06 (1.82%)
Ex-Dividend Date Dec 14, 2022
Volume 100,158
Open 111.6
Previous Close 112.65
Day's Range 110.96 - 113.45
52-Week Range 84.96 - 127.58
Beta 1.08
Analysts Buy
Price Target 127.50 (+12.6%)
Earnings Date Oct 25, 2022

About GATX

GATX Corporation operates as railcar leasing company in the United States and internationally. The company operates through three segments: Rail North America, Rail International, and Portfolio Management. It leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries. The company also offers services, including the interior cleaning of railcars, routine maintenance and repair of car body and safety appliances, regulatory compliance works, wheelset replacements, interior blast and l... [Read more]

Industry Trading Companies & Distributors
Founded 1898
CEO Brian Kenney
Employees 1,863
Stock Exchange NYSE
Ticker Symbol GATX
Full Company Profile

Financial Performance

In 2021, GATX's revenue was $1.26 billion, an increase of 3.99% compared to the previous year's $1.21 billion. Earnings were $143.10 million, a decrease of -5.42%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for GATX stock is "Buy." The 12-month stock price forecast is 127.5, which is an increase of 12.57% from the latest price.

Price Target
$127.5
(12.57% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Is Gatx (GATX) Up 11.6% Since Last Earnings Report?

Gatx (GATX) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

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 de...

Other symbols: CPCSXNSCUNP
2 weeks 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
2 weeks 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
2 weeks ago - CNBC Television

GATX Corporation to Present at the Stephens Annual Investment Conference

CHICAGO--(BUSINESS WIRE)--Thomas A.

3 weeks ago - Business Wire

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 month 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 $0.52 per common share, payable Dec. 31, 2022, to shareholders of record on Dec. 1...

1 month ago - Business Wire

GATX Q3 Earnings & Revenues Fall Short of Estimates, Rise Y/Y

GATX's third-quarter 2022 earnings and revenues improve year over year.

1 month ago - Zacks Investment Research

Gatx (GATX) Q3 Earnings and Revenues Lag Estimates

Gatx (GATX) delivered earnings and revenue surprises of -2.61% and 0.21%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

GATX Corporation Reports 2022 Third-Quarter Results

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today reported 2022 third-quarter net income of $29.1 million, or $0.81 per diluted share, compared to net income of $40.1 million or $1.11 per dil...

1 month ago - Business Wire

Why Gatx (GATX) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Gatx (GATX) have what it takes?

1 month ago - Zacks Investment Research

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

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2022 third-quarter prior to market open on Oct. 25, 2022. GATX will hold a conference call to review the results later ...

1 month ago - Business Wire

Trinity, GATX reach $1.8B railcar supply agreement

Trinity Rail Group and GATX have entered into a $1.8 billion long-term railcar supply agreement, both parties announced Monday. The agreement calls for Trinity Rail Group, a subsidiary of Trinity Indust...

2 months ago - FreightWaves

Trinity inks $1.8 billion rail car deal with buyer GATX, shares rise

Trinity Industries Inc. TRN, -2.38% shares rose 1.9% in premarket trades on Monday after the Dallas company said its Trinity Trail Group LLC unit agreed to supply 15,000 new tank and freight railcars to...

Other symbols: TRN
2 months ago - Market Watch

GATX Corporation Announces Long-Term Railcar Supply Agreement

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) has entered into a new long-term railcar supply agreement with a subsidiary of Trinity Industries, Inc. (“Trinity”) to purchase 15,000 newly built ...

2 months ago - Business Wire

Check Top 3 Bets From Transport Equipment & Leasing Industry

Stocks like Ryder (R), GATX and Trinity (TRN) are well-positioned to gain from the strong demand scenario surrounding the Zacks Transportation --Equipment and Leasing industry.

Other symbols: RTRN
2 months ago - Zacks Investment Research

Gatx (GATX) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Gatx (GATX) have what it takes?

2 months ago - Zacks Investment Research

GATX Corporation Announces Retirement of Deborah A. Golden, Executive Vice President, General Counsel and Corporate S...

CHICAGO--(BUSINESS WIRE)--Deborah A. Golden, executive vice president, general counsel and corporate secretary of GATX Corporation (NYSE:GATX), has elected to retire effective Nov. 30, 2022. Ms. Golden ...

2 months ago - Business Wire

3 Transport Equipment & Leasing Stocks With Solid Dividend Yield

Here we pick three stocks, Ryder (R), Triton International (TRTN) and GATX Corporation (GATX), from the Transportation - Equipment and Leasing industry, which have a solid dividend growth track record o...

Other symbols: RTRTN
2 months ago - Zacks Investment Research

This is Why Gatx (GATX) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Gatx (GATX) have what it takes?

2 months ago - Zacks Investment Research

Trifleet Leasing Appoints Erik Henstra 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 Erik He...

3 months ago - Business Wire

GATX Corporation to Participate in the Cowen Annual Global Transportation and Sustainable Mobility Conference

CHICAGO--(BUSINESS WIRE)--Thomas A. Ellman, executive vice president and chief financial officer of GATX Corporation (NYSE:GATX), will participate in a fireside chat at the Cowen Annual Global Transport...

3 months ago - Business Wire

Gatx (GATX) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Gatx (GATX) have what it takes?

3 months ago - Zacks Investment Research

5 Transportation Stocks With Decent Dividend Yield to Watch for

Investors should keep tabs on dividend-growth transportation stocks like Ryder (R), GATX (GATX), Triton International (TRTN), Union Pacific (UNP) and United Parcel Service (UPS).

Other symbols: RTRTNUNPUPS
3 months ago - Zacks Investment Research

6 Reasons Why Investors Should Buy GATX Stock Now

GATX stock continues to benefit from the gradual improvement in the North American railcar leasing market.

3 months ago - Zacks Investment Research