Wall Street analysts expect GATX Co. (NYSE:GATX) to post $0.71 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for GATX’s earnings, with the highest EPS estimate coming in at $0.80 and the lowest estimate coming in at $0.59. GATX reported earnings of $1.14 per share during the same quarter last year, which would suggest a negative year over year growth rate of 37.7%. The business is scheduled to issue its next earnings results on Thursday, January 18th.

On average, analysts expect that GATX will report full year earnings of $4.70 per share for the current financial year, with EPS estimates ranging from $4.60 to $4.75. For the next financial year, analysts forecast that the firm will report earnings of $4.20 per share, with EPS estimates ranging from $4.00 to $4.48. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that follow GATX.

GATX (NYSE:GATX) last released its quarterly earnings results on Thursday, October 19th. The transportation company reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.26. GATX had a net margin of 13.76% and a return on equity of 14.51%. The firm had revenue of $259.60 million during the quarter, compared to analysts’ expectations of $350.04 million. During the same period in the previous year, the company earned $1.50 EPS. The firm’s revenue for the quarter was down 28.5% compared to the same quarter last year.

GATX has been the subject of a number of recent analyst reports. BidaskClub raised shares of GATX from a “hold” rating to a “buy” rating in a research note on Tuesday, October 17th. Zacks Investment Research lowered shares of GATX from a “buy” rating to a “hold” rating in a report on Monday, September 11th. Buckingham Research decreased their price objective on shares of GATX from $64.00 to $61.00 and set a “neutral” rating for the company in a report on Friday, October 20th. ValuEngine lowered shares of GATX from a “strong-buy” rating to a “buy” rating in a report on Monday, November 6th. Finally, Seaport Global Securities initiated coverage on shares of GATX in a report on Thursday. They set a “neutral” rating for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. GATX has an average rating of “Hold” and a consensus target price of $57.83.

GATX (NYSE:GATX) opened at $62.71 on Thursday. GATX has a 52 week low of $55.44 and a 52 week high of $66.30. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 2.92. The company has a market cap of $2,400.00, a PE ratio of 13.01, a P/E/G ratio of 1.02 and a beta of 1.20.

The company also recently disclosed a quarterly dividend, which was paid on Sunday, December 31st. Investors of record on Friday, December 15th were paid a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $1.68 annualized dividend and a dividend yield of 2.68%. GATX’s dividend payout ratio (DPR) is presently 34.85%.

Several hedge funds and other institutional investors have recently bought and sold shares of GATX. Riverhead Capital Management LLC grew its position in GATX by 55.4% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,331 shares of the transportation company’s stock worth $150,000 after purchasing an additional 831 shares during the last quarter. Advisor Group Inc. grew its position in GATX by 15.5% during the 2nd quarter. Advisor Group Inc. now owns 2,519 shares of the transportation company’s stock worth $161,000 after purchasing an additional 338 shares during the last quarter. Neuberger Berman Group LLC purchased a new stake in GATX during the 2nd quarter worth approximately $215,000. Crossmark Global Holdings Inc. purchased a new stake in GATX during the 3rd quarter worth approximately $233,000. Finally, Flinton Capital Management LLC grew its position in GATX by 51.7% during the 2nd quarter. Flinton Capital Management LLC now owns 3,696 shares of the transportation company’s stock worth $237,000 after purchasing an additional 1,260 shares during the last quarter.

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GATX Company Profile

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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