Brokerages expect Greenbrier Companies, Inc. (The) (NYSE:GBX) to announce earnings per share (EPS) of $0.79 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Greenbrier Companies’ earnings, with the lowest EPS estimate coming in at $0.69 and the highest estimate coming in at $0.84. Greenbrier Companies also reported earnings per share of $0.79 in the same quarter last year. The business is expected to announce its next earnings report on Friday, January 5th.

On average, analysts expect that Greenbrier Companies will report full-year earnings of $3.94 per share for the current fiscal year, with EPS estimates ranging from $3.75 to $4.05. For the next fiscal year, analysts expect that the firm will post earnings of $3.74 per share, with EPS estimates ranging from $3.00 to $4.09. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Greenbrier Companies.

Greenbrier Companies (NYSE:GBX) last announced its earnings results on Friday, October 27th. The transportation company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.23. The business had revenue of $611.40 million for the quarter, compared to analysts’ expectations of $647.98 million. Greenbrier Companies had a return on equity of 10.75% and a net margin of 5.35%. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $1.06 earnings per share.

GBX has been the topic of several recent research reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a $60.00 price objective (up previously from $51.00) on shares of Greenbrier Companies in a research note on Thursday, October 5th. Zacks Investment Research raised Greenbrier Companies from a “hold” rating to a “buy” rating and set a $48.00 price objective on the stock in a research note on Tuesday, August 29th. Cowen reaffirmed a “buy” rating and issued a $57.00 price objective on shares of Greenbrier Companies in a research note on Monday, August 28th. KeyCorp reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Greenbrier Companies in a research note on Tuesday, October 24th. Finally, BidaskClub raised Greenbrier Companies from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and two have given a strong buy rating to the company’s stock. Greenbrier Companies presently has a consensus rating of “Buy” and a consensus price target of $53.57.

In related news, CFO Lorie Tekorius sold 4,740 shares of Greenbrier Companies stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $48.00, for a total transaction of $227,520.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Martin Raymond Baker sold 6,777 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $51.81, for a total value of $351,116.37. Following the sale, the senior vice president now directly owns 11,030 shares in the company, valued at approximately $571,464.30. The disclosure for this sale can be found here. Insiders sold 289,570 shares of company stock worth $13,824,232 in the last ninety days. Corporate insiders own 2.46% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of GBX. Riverhead Capital Management LLC increased its stake in Greenbrier Companies by 69.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock worth $102,000 after acquiring an additional 898 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in Greenbrier Companies by 872.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock worth $130,000 after acquiring an additional 2,529 shares during the last quarter. US Bancorp DE increased its stake in Greenbrier Companies by 18.5% in the 2nd quarter. US Bancorp DE now owns 5,125 shares of the transportation company’s stock worth $237,000 after acquiring an additional 800 shares during the last quarter. State of Alaska Department of Revenue increased its stake in Greenbrier Companies by 79.2% in the 2nd quarter. State of Alaska Department of Revenue now owns 5,608 shares of the transportation company’s stock worth $259,000 after acquiring an additional 2,478 shares during the last quarter. Finally, Macquarie Group Ltd. bought a new stake in Greenbrier Companies in the 3rd quarter worth approximately $265,000.

Greenbrier Companies (NYSE:GBX) traded up $0.90 during midday trading on Thursday, hitting $48.95. The stock had a trading volume of 464,000 shares, compared to its average volume of 490,699. The company has a debt-to-equity ratio of 0.47, a current ratio of 3.10 and a quick ratio of 2.15. Greenbrier Companies has a 1 year low of $37.10 and a 1 year high of $52.75. The company has a market capitalization of $1,379.06, a P/E ratio of 12.74, a P/E/G ratio of 1.28 and a beta of 1.99.

The business 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. The ex-dividend date is Tuesday, November 14th. This represents a $0.92 annualized dividend and a dividend yield of 1.88%. This is an increase from Greenbrier Companies’s previous quarterly dividend of $0.22. Greenbrier Companies’s dividend payout ratio (DPR) is 25.14%.

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About Greenbrier Companies

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.

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Earnings History and Estimates for Greenbrier Companies (NYSE:GBX)

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