Equities research analysts forecast that Greenbrier Companies Inc (NYSE:GBX) will report earnings of $0.96 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Greenbrier Companies’ earnings, with the lowest EPS estimate coming in at $0.80 and the highest estimate coming in at $1.14. Greenbrier Companies reported earnings per share of $1.09 during the same quarter last year, which would indicate a negative year-over-year growth rate of 11.9%. The firm is expected to issue its next quarterly earnings results on Wednesday, April 4th.
On average, analysts expect that Greenbrier Companies will report full year earnings of $4.07 per share for the current financial year, with EPS estimates ranging from $3.90 to $4.25. For the next financial year, analysts forecast that the firm will report earnings of $4.10 per share, with EPS estimates ranging from $3.30 to $4.45. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow Greenbrier Companies.
Greenbrier Companies (NYSE:GBX) last released its quarterly earnings data on Friday, January 5th. The transportation company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.02. Greenbrier Companies had a return on equity of 10.71% and a net margin of 5.39%. The business had revenue of $559.50 million during the quarter, compared to analysts’ expectations of $591.05 million. During the same quarter last year, the business posted $0.79 EPS. The business’s revenue was up 1.3% on a year-over-year basis.
Shares of Greenbrier Companies (NYSE GBX) opened at $52.35 on Friday. Greenbrier Companies has a fifty-two week low of $40.45 and a fifty-two week high of $54.45. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.96 and a quick ratio of 2.04. The firm has a market capitalization of $1,480.95, a P/E ratio of 14.15, a price-to-earnings-growth ratio of 1.33 and a beta of 1.95.
The company also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Friday, January 26th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Thursday, January 25th. Greenbrier Companies’s payout ratio is presently 24.86%.
In other news, EVP Alejandro Centurion sold 5,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $52.21, for a total value of $287,155.00. Following the completion of the transaction, the executive vice president now owns 19,593 shares in the company, valued at approximately $1,022,950.53. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO William A. Furman sold 117,652 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $46.91, for a total value of $5,519,055.32. The disclosure for this sale can be found here. In the last 90 days, insiders sold 289,830 shares of company stock valued at $13,856,712. 2.46% of the stock is currently owned by company insiders.
Several institutional investors and hedge funds have recently added to or reduced their stakes in GBX. Schwab Charles Investment Management Inc. raised its stake in Greenbrier Companies by 6.0% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 233,864 shares of the transportation company’s stock valued at $12,465,000 after buying an additional 13,156 shares during the last quarter. Dalton Greiner Hartman Maher & Co. raised its stake in Greenbrier Companies by 40.8% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 541,113 shares of the transportation company’s stock valued at $28,841,000 after buying an additional 156,742 shares during the last quarter. Walthausen & Co. LLC raised its stake in Greenbrier Companies by 187.0% during the third quarter. Walthausen & Co. LLC now owns 188,182 shares of the transportation company’s stock valued at $9,061,000 after buying an additional 122,605 shares during the last quarter. Kalos Management Inc. raised its stake in Greenbrier Companies by 5.5% during the third quarter. Kalos Management Inc. now owns 50,727 shares of the transportation company’s stock valued at $2,442,000 after buying an additional 2,639 shares during the last quarter. Finally, Point72 Asset Management L.P. raised its stake in Greenbrier Companies by 157.9% during the third quarter. Point72 Asset Management L.P. now owns 469,966 shares of the transportation company’s stock valued at $22,629,000 after buying an additional 287,736 shares during the last quarter.
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Greenbrier Companies 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.
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