Greenbrier Companies, Inc. (The) (NYSE:GBX) – Equities research analysts at KeyCorp issued their Q1 2018 earnings estimates for Greenbrier Companies, Inc. (The) in a research report issued on Sunday. KeyCorp analyst S. Barger anticipates that the transportation company will post earnings of $0.81 per share for the quarter. KeyCorp currently has a “Buy” rating and a $60.00 target price on the stock. KeyCorp also issued estimates for Greenbrier Companies, Inc. (The)’s Q2 2018 earnings at $0.86 EPS, Q3 2018 earnings at $1.09 EPS, Q4 2018 earnings at $1.14 EPS and FY2019 earnings at $4.09 EPS.

Other analysts also recently issued reports about the stock. Stifel Nicolaus raised shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and increased their price target for the company from $48.00 to $51.00 in a report on Monday, July 17th. Bank of America Corporation raised shares of Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and increased their price target for the company from $49.00 to $59.00 in a report on Tuesday, July 4th. Zacks Investment Research raised shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $48.00 price target for the company in a report on Tuesday, August 29th. Cowen and Company reissued a “buy” rating and issued a $57.00 price target on shares of Greenbrier Companies, Inc. (The) in a report on Monday, August 28th. Finally, BidaskClub raised shares of Greenbrier Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Monday, August 14th. Three analysts have rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company. Greenbrier Companies, Inc. (The) has an average rating of “Buy” and a consensus target price of $53.57.

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Greenbrier Companies, Inc. (NYSE:GBX) traded down 0.489% during midday trading on Wednesday, hitting $51.945. 297,575 shares of the stock traded hands. The company has a 50-day moving average of $48.30 and a 200-day moving average of $45.80. Greenbrier Companies, Inc. has a 1-year low of $28.95 and a 1-year high of $52.75. The stock has a market cap of $1.48 billion, a PE ratio of 13.104 and a beta of 1.91.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last released its earnings results on Friday, October 27th. The transportation company reported $0.86 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.23. The company had revenue of $611.40 million during the quarter, compared to the consensus estimate of $647.98 million. Greenbrier Companies, Inc. (The) had a net margin of 5.35% and a return on equity of 10.97%. The company’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.06 EPS.

Several hedge funds have recently made changes to their positions in GBX. Riverhead Capital Management LLC increased its position in shares of Greenbrier Companies, Inc. (The) by 69.1% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock worth $102,000 after purchasing an additional 898 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Greenbrier Companies, Inc. (The) by 872.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock worth $130,000 after purchasing an additional 2,529 shares in the last quarter. Stifel Financial Corp acquired a new stake in shares of Greenbrier Companies, Inc. (The) during the 1st quarter worth about $202,000. US Bancorp DE increased its position in shares of Greenbrier Companies, Inc. (The) by 18.5% during the 2nd quarter. US Bancorp DE now owns 5,125 shares of the transportation company’s stock worth $237,000 after purchasing an additional 800 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its position in shares of Greenbrier Companies, Inc. (The) by 79.2% during the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the transportation company’s stock worth $259,000 after purchasing an additional 2,478 shares in the last quarter.

In other news, CFO Lorie Tekorius sold 4,740 shares of the stock in a transaction on Thursday, September 28th. The shares were sold at an average price of $48.00, for a total value of $227,520.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Anne Manning sold 6,000 shares of the stock in a transaction on Monday, August 14th. The shares were sold at an average price of $46.55, for a total transaction of $279,300.00. Following the completion of the transaction, the vice president now owns 11,939 shares of the company’s stock, valued at approximately $555,760.45. The disclosure for this sale can be found here. Corporate insiders own 4.60% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th will be paid a $0.23 dividend. This is a boost from Greenbrier Companies, Inc. (The)’s previous quarterly dividend of $0.22. The ex-dividend date is Tuesday, November 14th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.76%. Greenbrier Companies, Inc. (The)’s dividend payout ratio is currently 24.04%.

Greenbrier Companies, Inc. (The) Company Profile

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Earnings History and Estimates for Greenbrier Companies, Inc. (The) (NYSE:GBX)

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