GATX (NYSE:GATX) Updates FY 2026 Earnings Guidance

GATX (NYSE:GATX) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 9.500-10.100 for the period, compared to the consensus EPS estimate of 9.980. The company issued revenue guidance of -.

GATX Price Performance

Shares of NYSE GATX opened at $199.19 on Thursday. The company has a market cap of $7.08 billion, a PE ratio of 21.84 and a beta of 1.24. The stock has a fifty day moving average price of $182.91 and a 200 day moving average price of $175.40. The company has a debt-to-equity ratio of 3.45, a current ratio of 16.31 and a quick ratio of 16.31. GATX has a 1-year low of $143.46 and a 1-year high of $205.56.

GATX (NYSE:GATX) last posted its quarterly earnings results on Thursday, May 7th. The transportation company reported $2.35 earnings per share for the quarter, beating analysts’ consensus estimates of $2.28 by $0.07. GATX had a return on equity of 11.05% and a net margin of 19.15%.During the same period in the prior year, the firm earned $2.15 EPS. The business’s revenue for the quarter was up 38.4% compared to the same quarter last year. GATX has set its FY 2026 guidance at 9.500-10.100 EPS. Sell-side analysts forecast that GATX will post 9.8 EPS for the current year.

GATX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.66 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.64 dividend on an annualized basis and a yield of 1.3%. GATX’s dividend payout ratio is presently 28.95%.

Wall Street Analysts Forecast Growth

GATX has been the subject of several recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of GATX in a research report on Tuesday, April 21st. Susquehanna upped their price objective on GATX from $212.00 to $220.00 and gave the company a “positive” rating in a research report on Friday, February 20th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $204.00 price objective on shares of GATX in a research note on Wednesday, January 14th. Finally, Citigroup raised shares of GATX from a “neutral” rating to a “buy” rating and boosted their target price for the company from $210.00 to $211.00 in a research note on Wednesday, April 8th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $211.67.

Insiders Place Their Bets

In other news, SVP Jeffery R. Young sold 2,595 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $196.29, for a total transaction of $509,372.55. Following the sale, the senior vice president owned 7,700 shares in the company, valued at $1,511,433. This trade represents a 25.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Brian L. Glassberg sold 2,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $198.29, for a total value of $396,580.00. Following the completion of the transaction, the executive vice president owned 7,041 shares of the company’s stock, valued at $1,396,159.89. The trade was a 22.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 9,795 shares of company stock valued at $1,907,525. Company insiders own 1.86% of the company’s stock.

Institutional Investors Weigh In On GATX

Several institutional investors and hedge funds have recently modified their holdings of GATX. UMB Bank n.a. boosted its holdings in GATX by 31.4% in the 4th quarter. UMB Bank n.a. now owns 343 shares of the transportation company’s stock worth $58,000 after acquiring an additional 82 shares during the period. Steward Partners Investment Advisory LLC raised its stake in shares of GATX by 22.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 414 shares of the transportation company’s stock valued at $70,000 after purchasing an additional 77 shares during the period. Danske Bank A S purchased a new stake in shares of GATX during the third quarter valued at approximately $87,000. Advisory Services Network LLC acquired a new position in shares of GATX during the third quarter worth $123,000. Finally, Glenmede Investment Management LP acquired a new position in shares of GATX during the third quarter worth $212,000. Hedge funds and other institutional investors own 93.14% of the company’s stock.

About GATX

GATX Corporation (NYSE: GATX) is a global railcar leasing and asset management company headquartered in Chicago, Illinois. Founded in 1898 as General American Transportation Corporation, GATX has grown into one of the world’s leading lessors of railcars, marine vessels and industrial assets. The company’s core business focuses on leasing and managing high-value equipment for customers in the energy, industrial, chemical, agricultural and metals markets.

In its Rail North America segment, GATX owns and manages a diverse fleet of more than 60,000 railcars, including tank cars, covered hoppers, boxcars and flatcars.