American Railcar Industries, Inc. (NASDAQ:ARII) to Release Earnings on Wednesday
American Railcar Industries, Inc. (NASDAQ:ARII) will be posting its quarterly earnings results before the market opens on Wednesday, July 26th. Analysts expect American Railcar Industries to post earnings of $0.60 per share for the quarter.
American Railcar Industries (NASDAQ:ARII) last posted its quarterly earnings data on Tuesday, May 2nd. The transportation company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by $0.17. The firm had revenue of $114.68 million for the quarter, compared to analysts’ expectations of $100.50 million. American Railcar Industries had a net margin of 10.46% and a return on equity of 12.91%. On average, analysts expect American Railcar Industries to post $2.38 EPS for the current fiscal year and $2.56 EPS for the next fiscal year.
Shares of American Railcar Industries, Inc. (ARII) opened at 37.18 on Wednesday. The company’s 50-day moving average price is $36.44 and its 200-day moving average price is $41.80. American Railcar Industries, Inc. has a 52-week low of $34.50 and a 52-week high of $51.10. The stock has a market cap of $709.51 million, a PE ratio of 11.87 and a beta of 2.33.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 29th. Investors of record on Friday, June 16th were paid a $0.40 dividend. The ex-dividend date was Wednesday, June 14th. This represents a $1.60 dividend on an annualized basis and a yield of 4.30%. American Railcar Industries’s dividend payout ratio (DPR) is 51.12%.
TRADEMARK VIOLATION WARNING: This news story was published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright laws. The legal version of this news story can be accessed at https://www.americanbankingnews.com/2017/07/19/american-railcar-industries-inc-nasdaqarii-to-release-earnings-on-wednesday.html.
ARII has been the subject of a number of recent research reports. ValuEngine upgraded American Railcar Industries from a “hold” rating to a “buy” rating in a research note on Tuesday, May 16th. Buckingham Research initiated coverage on American Railcar Industries in a research note on Wednesday, June 21st. They set a “neutral” rating and a $38.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $41.50.
About American Railcar Industries
American Railcar Industries, Inc is a designer and manufacturer of hopper and tank railcars. The Company designs and manufactures railcars and a range of components for the North American railcar and industrial markets. It operates through three segments: manufacturing, railcar leasing and railcar services.
Receive News & Ratings for American Railcar Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Railcar Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.