Noble Financial Brokers Decrease Earnings Estimates for RAIL

Freightcar America, Inc. (NASDAQ:RAIL) – Investment analysts at Noble Financial decreased their Q1 2026 earnings per share estimates for shares of Freightcar America in a report issued on Monday, March 30th. Noble Financial analyst M. Reichman now forecasts that the transportation company will post earnings per share of $0.01 for the quarter, down from their previous estimate of $0.05. The consensus estimate for Freightcar America’s current full-year earnings is $0.09 per share. Noble Financial also issued estimates for Freightcar America’s Q2 2026 earnings at $0.04 EPS.

Several other equities research analysts have also commented on the stock. Wall Street Zen lowered shares of Freightcar America from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Weiss Ratings upgraded Freightcar America from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $9.00.

Freightcar America Stock Performance

Freightcar America stock opened at $8.09 on Tuesday. Freightcar America has a fifty-two week low of $4.31 and a fifty-two week high of $14.90. The stock has a market cap of $154.28 million, a PE ratio of 7.29 and a beta of 1.70. The firm’s 50-day simple moving average is $11.34 and its 200 day simple moving average is $10.17.

Freightcar America (NASDAQ:RAIL) last posted its earnings results on Monday, March 9th. The transportation company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). The firm had revenue of $125.57 million during the quarter, compared to the consensus estimate of $144.95 million. Freightcar America had a negative return on equity of 15.54% and a net margin of 7.61%.

Institutional Investors Weigh In On Freightcar America

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC bought a new position in Freightcar America during the first quarter worth about $147,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Freightcar America in the first quarter valued at approximately $61,000. Goldman Sachs Group Inc. lifted its stake in shares of Freightcar America by 58.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 106,656 shares of the transportation company’s stock valued at $590,000 after buying an additional 39,506 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Freightcar America by 13.1% during the 1st quarter. Jane Street Group LLC now owns 108,724 shares of the transportation company’s stock valued at $601,000 after buying an additional 12,610 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in Freightcar America in the 2nd quarter worth approximately $813,000. 31.96% of the stock is currently owned by institutional investors.

Freightcar America Company Profile

FreightCar America, Inc is a designer and manufacturer of specialized railroad freight cars, offering a diverse range of products that include tank cars, open and covered hoppers, gondolas, boxcars and centerbeam lumber cars. The company supports both new car construction and the rebuilding of existing fleets, providing custom engineering solutions to meet customer specifications and industry regulations. FreightCar America also supplies aftermarket parts, maintenance services and component remanufacturing for its own fleet and for third-party car owners.

Headquartered in Chicago, Illinois, FreightCar America traces its origins to early 20th-century railcar builders and began trading as an independent, publicly-listed company on the NASDAQ under the ticker RAIL following a spin-off in 2010.