GATX (NYSE:GATX) Issues Quarterly Earnings Results, Beats Expectations By $0.25 EPS

GATX (NYSE:GATX) announced its quarterly earnings results on Thursday. The transportation company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.68 by $0.25, RTT News reports. GATX had a net margin of 17.76% and a return on equity of 11.98%. During the same period last year, the company earned $1.74 EPS. GATX updated its FY 2025 guidance to 8.300-8.700 EPS.

GATX Stock Performance

Shares of NYSE GATX traded up $5.87 during midday trading on Thursday, reaching $160.36. 14,482 shares of the company traded hands, compared to its average volume of 134,203. The stock has a 50-day moving average price of $157.28 and a 200 day moving average price of $144.88. The company has a market cap of $5.69 billion, a price-to-earnings ratio of 21.27 and a beta of 0.99. The company has a debt-to-equity ratio of 3.41, a current ratio of 3.41 and a quick ratio of 3.41. GATX has a 52 week low of $120.14 and a 52 week high of $167.74.

GATX Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.58 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $2.32 dividend on an annualized basis and a yield of 1.45%. GATX’s dividend payout ratio (DPR) is presently 31.02%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. The Goldman Sachs Group began coverage on shares of GATX in a report on Monday, November 18th. They set a “buy” rating and a $185.00 price target for the company. Sidoti lowered GATX from a “buy” rating to a “neutral” rating and set a $158.00 target price for the company. in a research note on Wednesday, December 4th. Finally, Susquehanna boosted their price objective on GATX from $122.00 to $140.00 and gave the stock a “neutral” rating in a research note on Monday, October 21st. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $151.80.

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.