Several analysts have recently updated their ratings and price targets for GATX Corporation (NYSE: GATX):

  • 9/11/2017 – GATX Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of GATX Corporation have outperformed the industry it belongs to, in a year, on the back of its strong product portfolio. Moreover, the company has an impressive earnings history having outshined the Zacks Consensus Estimate in each of the past four quarters. We are also impressed by GATX Corporation's efforts to reward investors through share buybacks and dividend payments. Additionally, the improvement in profits at the Rail International segment is encouraging. However, the company's struggles on the top line front bother us. Moreover, GATX is a highly leveraged company. The company’s tepid outlook for 2017 reflects the tough market conditions. It expects 2017 earnings per share between $4.40 and $4.60. The projection is much below the figure recorded in 2016.”
  • 9/9/2017 – GATX Corporation was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 9/5/2017 – GATX Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $68.00 price target on the stock. According to Zacks, “Shares of GATX Corporation have outperformed the industry it belongs to, in a year, on the back of its strong product portfolio. Moreover, the company has an impressive earnings history having outshined the Zacks Consensus Estimate in each of the past four quarters with an average beat of 32.8%. We are also impressed by GATX Corporation's efforts to reward investors through share buybacks and dividend payments. In Jan 2017, the company raised its quarterly dividend by 5% to 42 cents per share. Additionally, the improvement in profits at the Rail International segment is encouraging. However, the company's struggles on the top line front bother us. Moreover, GATX is a highly leveraged company. “
  • 9/4/2017 – GATX Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of GATX Corporation have outperformed the industry it belongs to, in a year, on the back of its strong product portfolio. Moreover, the company has an impressive earnings history having outshined the Zacks Consensus Estimate in each of the past four quarters. We are also impressed by GATX Corporation's efforts to reward investors through share buybacks and dividend payments. In Jan 2017, the company raised its quarterly dividend by 5% to $0.42. However, the company's struggles on the top line front bother us. Moreover, GATX is a highly leveraged company.  The company’s tepid outlook for 2017 reflects the tough market conditions. It expects 2017 earnings per share between $4.40 and $4.60. The projection is much below the figure recorded in 2016.”
  • 9/1/2017 – GATX Corporation was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 8/28/2017 – GATX Corporation had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $63.00 price target on the stock.
  • 8/24/2017 – GATX Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $69.00 price target on the stock. According to Zacks, “Shares of GATX Corporation have outperformed the industry it belongs to, over a year, on the back of its strong product portfolio. Moreover, the company has an impressive earnings history having outshined the Zacks Consensus Estimate in each of the past four quarters. We are also impressed by GATX Corporation's efforts to reward investors through share buybacks and dividend payments. The company has been paying regular dividends continuously since 1919. In Jan 2017, the company raised its quarterly dividend by 5% to $0.42. However, the company's struggles on the top line front bother us. Moreover, GATX is a highly leveraged company. “
  • 8/17/2017 – GATX Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of GATX Corporation have outperformed the industry it belongs to, over the last year, on the back of its strong product portfolio. Moreover, the company has an impressive earnings history having outshined the Zacks Consensus Estimate in each of the past four quarters. We are also impressed by GATX Corporation's efforts to reward investors through share buybacks and dividend payments. However, the company's struggles on the top line front bother us. The company’s tepid outlook for 2017 reflects the tough market conditions. It expects 2017 earnings per share in the band of $4.40-$4.60, much below the 2016 figure. Moreover, GATX is a highly leveraged company.”
  • 7/26/2017 – GATX Corporation had its “sell” rating reaffirmed by analysts at Axiom Securities.
  • 7/24/2017 – GATX Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $69.00 price target on the stock. According to Zacks, “Shares of GATX Corporation have outperformed the industry it belongs to, in the last one year, on the back of its strong product portfolio and impressive earnings history. Ushering in further good news, the company reported better-than-expected earnings per share in the second quarter of 2017. We are also impressed by GATX Corporation's efforts to reward investors through share buybacks and dividend payments. However, the company's struggles on the top line front bother us. Moreover, GATX Corporation is a highly leveraged company.”
  • 7/21/2017 – GATX Corporation had its price target lowered by analysts at Citigroup Inc. from $73.00 to $71.00. They now have a “buy” rating on the stock.
  • 7/17/2017 – GATX Corporation was upgraded by analysts at Stifel Nicolaus from a “sell” rating to a “hold” rating. They now have a $54.00 price target on the stock, up previously from $50.00.
  • 7/17/2017 – GATX Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of GATX Corporation have outperformed the Zacks categorized Transportation-Equipment & Leasing industry in the last one year on the back of its strong product portfolio and impressive earnings history. The company has outshined the Zacks Consensus Estimate for earnings in each of the last four quarters. The company is expected to perform well with respect to the bottom line in the near future as well. We are also impressed by GATX Corporation's efforts to reward investors through share buybacks and dividend payments. However, the company's struggles on the top line front bother us. Moreover, GATX Corporation is a highly leveraged company.”

GATX Corporation (GATX) opened at 58.99 on Friday. The firm has a 50-day moving average price of $61.11 and a 200 day moving average price of $60.94. GATX Corporation has a 12 month low of $40.76 and a 12 month high of $66.30. The company has a market cap of $2.28 billion, a P/E ratio of 9.94 and a beta of 1.20.

GATX Corporation (NYSE:GATX) last posted its earnings results on Thursday, July 20th. The transportation company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.21. The company had revenue of $348.40 million during the quarter, compared to analysts’ expectations of $352.64 million. GATX Corporation had a return on equity of 17.83% and a net margin of 17.09%. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.49 earnings per share. Equities research analysts predict that GATX Corporation will post $4.60 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Saturday, September 30th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.42 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.68 annualized dividend and a yield of 2.85%. GATX Corporation’s dividend payout ratio (DPR) is 28.38%.

GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and Asia. In addition, the Company operates fleet of the United States-flagged vessels on the Great Lakes and jointly with Rolls-Royce plc, it owns aircraft spare engine lease portfolios in the world. It operates through four business segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management.

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