Greenbrier Companies (NYSE:GBX) Announces Quarterly Earnings Results

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

Greenbrier Companies Price Performance

Shares of GBX traded up $7.24 during midday trading on Thursday, hitting $58.69. 491,789 shares of the company traded hands, compared to its average volume of 319,022. Greenbrier Companies has a one year low of $32.00 and a one year high of $59.21. The firm has a market cap of $1.83 billion, a P/E ratio of 15.09, a PEG ratio of 0.60 and a beta of 1.53. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.73 and a quick ratio of 0.85. The stock has a 50-day moving average of $49.00 and a 200-day moving average of $49.81.

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 issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Wednesday, November 6th. Greenbrier Companies’s payout ratio is presently 31.41%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Susquehanna lifted their price objective on Greenbrier Companies from $63.00 to $65.00 and gave the stock a “positive” rating in a report on Monday. Bank of America lifted their target price on shares of Greenbrier Companies from $42.00 to $50.00 and gave the stock an “underperform” rating in a research note on Thursday. Finally, StockNews.com cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research note on Friday, August 23rd. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Greenbrier Companies has a consensus rating of “Hold” and an average price target of $60.00.

Insider Activity

In related news, SVP Laurie R. Dornan sold 5,935 shares of the company’s stock in a transaction that occurred on Wednesday, July 31st. The shares were sold at an average price of $50.92, for a total transaction of $302,210.20. Following the sale, the senior vice president now owns 23,226 shares of the company’s stock, valued at approximately $1,182,667.92. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.54% of the stock is owned by company insiders.

About Greenbrier Companies

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.