Greenbrier Companies (NYSE:GBX) Posts Quarterly Earnings Results

Greenbrier Companies (NYSE:GBX) released its earnings results on Wednesday. The transportation company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.60, Briefing.com reports. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. Greenbrier Companies had a net margin of 3.51% and a return on equity of 8.95%. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period last year, the firm posted $0.92 earnings per share. Greenbrier Companies updated its FY 2025 guidance to EPS.

Greenbrier Companies Stock Down 0.4 %

Shares of Greenbrier Companies stock traded down $0.22 on Friday, hitting $59.81. 58,597 shares of the company traded hands, compared to its average volume of 321,487. The company has a quick ratio of 0.85, a current ratio of 1.73 and a debt-to-equity ratio of 0.98. Greenbrier Companies has a 12-month low of $32.20 and a 12-month high of $60.26. The company has a 50-day moving average price of $49.28 and a 200 day moving average price of $49.88. The company has a market cap of $1.86 billion, a PE ratio of 15.71, a PEG ratio of 0.60 and a beta of 1.53.

Greenbrier Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 6th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies’s dividend payout ratio (DPR) is currently 31.41%.

Analysts Set New Price Targets

GBX has been the topic of several research analyst reports. Susquehanna lifted their price objective on shares of Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a research report on Monday. Bank of America raised their target price on Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a research report on Thursday. Finally, StockNews.com downgraded Greenbrier Companies from a “hold” rating to a “sell” rating in a report on Friday, August 23rd. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $60.00.

Insider Buying and Selling

In other Greenbrier Companies news, SVP Laurie R. Dornan sold 5,935 shares of the business’s stock in a transaction dated Wednesday, July 31st. The stock was sold at an average price of $50.92, for a total value of $302,210.20. Following the transaction, the senior vice president now owns 23,226 shares in the company, valued at $1,182,667.92. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.54% of the stock is owned by corporate insiders.

Greenbrier Companies Company Profile

The Greenbrier Companies, Inc designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. It operates through three segments: Manufacturing; Maintenance Services; and Leasing & Management Services. The Manufacturing segment offers covered hopper cars, gondolas, open top hoppers, boxcars, center partition cars, tank cars, sustainable conversions, double-stack railcars, auto-max ii, multi-max, and multi-max plus products, intermodal cars, automobile transport, coil steel and metals, flat cars, sliding wall cars, pressurized tank cars, and non-pressurized tank cars.