Noble Financial Issues Negative Forecast for RAIL Earnings

Freightcar America, Inc. (NASDAQ:RAIL) – Investment analysts at Noble Financial lowered their Q2 2026 EPS estimates for Freightcar America in a research note issued on Thursday, June 11th. Noble Financial analyst M. Reichman now expects that the transportation company will post earnings of ($0.02) per share for the quarter, down from their previous forecast of $0.01. The consensus estimate for Freightcar America’s current full-year earnings is $0.40 per share. Noble Financial also issued estimates for Freightcar America’s Q3 2026 earnings at $0.19 EPS.

Freightcar America (NASDAQ:RAIL) last issued its earnings results on Monday, May 4th. The transportation company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.06). The company had revenue of $64.31 million during the quarter, compared to analysts’ expectations of $74.60 million. Freightcar America had a negative return on equity of 15.56% and a net margin of 6.25%.

Other research analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of Freightcar America from a “buy” rating to a “hold” rating in a research note on Saturday, March 14th. Weiss Ratings restated a “hold (c)” rating on shares of Freightcar America in a research report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Freightcar America currently has an average rating of “Buy”.

Freightcar America Stock Performance

Shares of NASDAQ:RAIL opened at $8.13 on Monday. The stock has a market capitalization of $155.61 million, a price-to-earnings ratio of 10.99 and a beta of 1.48. The stock’s 50-day simple moving average is $8.23 and its two-hundred day simple moving average is $9.88. Freightcar America has a 52-week low of $7.27 and a 52-week high of $14.90.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Legato Capital Management LLC purchased a new position in shares of Freightcar America during the 3rd quarter worth about $582,000. Hillsdale Investment Management Inc. purchased a new position in Freightcar America during the 3rd quarter worth $352,000. Minerva Advisors LLC increased its holdings in Freightcar America by 18.1% during the 3rd quarter. Minerva Advisors LLC now owns 258,546 shares of the transportation company’s stock worth $2,529,000 after purchasing an additional 39,541 shares during the period. Penn Capital Management Company LLC bought a new stake in Freightcar America during the 4th quarter valued at $734,000. Finally, Globeflex Capital L P raised its position in Freightcar America by 840.3% during the 1st quarter. Globeflex Capital L P now owns 72,484 shares of the transportation company’s stock valued at $578,000 after purchasing an additional 64,775 shares in the last quarter. 31.96% of the stock is owned by hedge funds and other 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.