The Greenbrier Companies, Inc. (NYSE:GBX) CEO Lorie Tekorius Sells 9,642 Shares

The Greenbrier Companies, Inc. (NYSE:GBX) CEO Lorie Tekorius sold 9,642 shares of the stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $52.00, for a total transaction of $501,384.00. Following the transaction, the chief executive officer now owns 226,611 shares of the company’s stock, valued at $11,783,772. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Greenbrier Companies Trading Up 3.8 %

Shares of NYSE:GBX opened at $53.50 on Wednesday. The Greenbrier Companies, Inc. has a 52-week low of $25.41 and a 52-week high of $58.00. The company has a market capitalization of $1.67 billion, a P/E ratio of 15.74, a price-to-earnings-growth ratio of 1.79 and a beta of 1.66. The company has a 50-day simple moving average of $50.79 and a 200 day simple moving average of $44.82. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.85 and a current ratio of 1.73.

Greenbrier Companies (NYSE:GBX) last issued its earnings results on Friday, April 5th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.28. Greenbrier Companies had a net margin of 2.97% and a return on equity of 9.05%. The business had revenue of $862.70 million during the quarter, compared to the consensus estimate of $841.58 million. During the same period last year, the business posted $0.99 EPS. Greenbrier Companies’s revenue was down 23.1% on a year-over-year basis. Sell-side analysts forecast that The Greenbrier Companies, Inc. will post 4.13 earnings per share for the current year.

Greenbrier Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 23rd will be issued a $0.30 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.20 annualized dividend and a yield of 2.24%. Greenbrier Companies’s dividend payout ratio is currently 35.29%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on GBX shares. Stephens increased their price objective on shares of Greenbrier Companies from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. TD Cowen increased their price objective on shares of Greenbrier Companies from $53.00 to $60.00 and gave the stock a “buy” rating in a research note on Monday, April 8th. Susquehanna increased their price objective on shares of Greenbrier Companies from $56.00 to $63.00 and gave the stock a “positive” rating in a research note on Tuesday, April 9th. Finally, TheStreet upgraded shares of Greenbrier Companies from a “c+” rating to a “b” rating in a research note on Friday, January 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $54.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Hexagon Capital Partners LLC bought a new position in Greenbrier Companies in the 1st quarter valued at about $26,000. Gladius Capital Management LP bought a new position in Greenbrier Companies in the 3rd quarter valued at about $31,000. BluePath Capital Management LLC bought a new position in Greenbrier Companies in the 3rd quarter valued at about $32,000. Allspring Global Investments Holdings LLC bought a new position in Greenbrier Companies in the 3rd quarter valued at about $45,000. Finally, Wetzel Investment Advisors Inc. bought a new position in Greenbrier Companies in the 4th quarter valued at about $57,000. 95.59% of the stock is owned by institutional investors.

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.