American Railcar Industries, Inc. (ARII) Plans $0.40 Quarterly Dividend
American Railcar Industries, Inc. (NASDAQ:ARII) declared a quarterly dividend on Friday, February 23rd, Zacks reports. Investors of record on Friday, March 16th will be paid a dividend of 0.40 per share by the transportation company on Friday, March 23rd. This represents a $1.60 annualized dividend and a yield of 4.15%. The ex-dividend date is Thursday, March 15th.
American Railcar Industries (NASDAQ:ARII) opened at $38.57 on Wednesday. American Railcar Industries has a twelve month low of $34.29 and a twelve month high of $44.20. The firm has a market cap of $740.65, a P/E ratio of 20.75 and a beta of 2.08. The company has a quick ratio of 2.58, a current ratio of 3.32 and a debt-to-equity ratio of 0.78.
American Railcar Industries (NASDAQ:ARII) last posted its earnings results on Friday, February 23rd. The transportation company reported $0.24 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.24). The firm had revenue of $132.40 million during the quarter, compared to analyst estimates of $121.21 million. American Railcar Industries had a return on equity of 6.15% and a net margin of 29.82%. The company’s revenue for the quarter was down 21.0% on a year-over-year basis. During the same quarter last year, the business posted $1.16 earnings per share. equities analysts predict that American Railcar Industries will post 2.59 EPS for the current fiscal year.
American Railcar Industries Company Profile
American Railcar Industries, Inc is a designer and manufacturer of hopper and tank railcars. The Company designs and manufactures railcars and a range of components for the North American railcar and industrial markets. It operates through three segments: manufacturing, railcar leasing and railcar services.
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