GATX Corporation (GATX) Receives Daily Media Sentiment Score of 0.14
Media coverage about GATX Corporation (NYSE:GATX) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. GATX Corporation earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news stories about the transportation company an impact score of 46.301268558598 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s rankings:
- Comparing GATX Corporation (GATX) and Fortress Transportation and Infrastructure Investors (FTAI) (americanbankingnews.com)
- GATX Corporation (GATX) Short Interest Down 2.0% in July (americanbankingnews.com)
- GATX Corp. may expand Terre Haute maintenance facility (trn.trains.com)
- 5 Dividend Stocks That Warrant Growth Amid Volatility (finance.yahoo.com)
- Why Is GATX Down 3.8% Since the Last Earnings Report? (finance.yahoo.com)
GATX Corporation (NYSE GATX) opened at 61.20 on Thursday. The stock’s 50 day moving average is $62.21 and its 200 day moving average is $60.80. GATX Corporation has a 12-month low of $40.66 and a 12-month high of $66.30. The firm has a market cap of $2.37 billion, a P/E ratio of 10.32 and a beta of 1.19.
GATX Corporation (NYSE:GATX) last posted its earnings results on Thursday, July 20th. The transportation company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.11 by $0.21. The firm had revenue of $348.40 million for the quarter, compared to analysts’ expectations of $352.64 million. GATX Corporation had a return on equity of 17.83% and a net margin of 17.09%. The firm’s revenue was down 2.9% compared to the same quarter last year. During the same period last year, the firm earned $1.49 EPS. On average, equities research analysts expect that GATX Corporation will post $4.60 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Saturday, September 30th. Stockholders of record on Friday, September 15th will be given a $0.42 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.68 annualized dividend and a dividend yield of 2.75%. GATX Corporation’s dividend payout ratio (DPR) is presently 28.38%.
GATX has been the subject of a number of recent research reports. ValuEngine upgraded shares of GATX Corporation from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 3rd. Axiom Securities reiterated a “sell” rating on shares of GATX Corporation in a report on Friday, June 16th. Buckingham Research initiated coverage on shares of GATX Corporation in a report on Wednesday, June 21st. They issued a “neutral” rating and a $64.00 target price for the company. Stifel Nicolaus upgraded shares of GATX Corporation from a “sell” rating to a “hold” rating and boosted their target price for the stock from $50.00 to $54.00 in a report on Monday, July 17th. Finally, Zacks Investment Research downgraded shares of GATX Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. GATX Corporation presently has an average rating of “Hold” and a consensus target price of $56.14.
In related news, VP James M. Conniff sold 638 shares of the business’s stock in a transaction that occurred on Monday, June 12th. The shares were sold at an average price of $64.94, for a total value of $41,431.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Deborah A. Golden sold 2,429 shares of the business’s stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $65.42, for a total transaction of $158,905.18. Following the completion of the transaction, the executive vice president now owns 39,783 shares of the company’s stock, valued at approximately $2,602,603.86. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,278 shares of company stock valued at $463,874. 3.50% of the stock is owned by corporate insiders.
About GATX Corporation
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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