Greenbrier Companies (NYSE:GBX) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Greenbrier Companies (NYSE:GBX – Get Rating) in a report published on Thursday morning. The firm issued a sell rating on the transportation company’s stock.

Several other research analysts have also recently weighed in on the company. TheStreet upgraded Greenbrier Companies from a c+ rating to a b- rating in a research note on Friday, November 18th. Bank of America cut Greenbrier Companies from a neutral rating to an underperform rating in a research report on Tuesday, January 17th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of Hold and an average target price of $42.33.

Greenbrier Companies Stock Down 5.0 %

GBX stock opened at $26.87 on Thursday. Greenbrier Companies has a 1-year low of $23.80 and a 1-year high of $53.46. The business has a fifty day moving average price of $29.83 and a 200-day moving average price of $31.22. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.74 and a quick ratio of 0.83. The stock has a market capitalization of $880.80 million, a P/E ratio of 47.98, a P/E/G ratio of 1.92 and a beta of 1.52.

Greenbrier Companies (NYSE:GBX – Get Rating) last posted its quarterly earnings results on Friday, January 6th. The transportation company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.42). Greenbrier Companies had a return on equity of 2.66% and a net margin of 0.61%. The business had revenue of $766.50 million during the quarter, compared to analysts’ expectations of $736.80 million. Equities analysts forecast that Greenbrier Companies will post 2.11 earnings per share for the current fiscal year.

Greenbrier Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 16th. Investors of record on Thursday, January 26th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 4.02%. The ex-dividend date of this dividend was Wednesday, January 25th. Greenbrier Companies’s dividend payout ratio (DPR) is presently 192.86%.

Institutional Trading of Greenbrier Companies

A number of hedge funds have recently bought and sold shares of GBX. Arizona State Retirement System grew its holdings in Greenbrier Companies by 3.8% during the fourth quarter. Arizona State Retirement System now owns 9,195 shares of the transportation company’s stock valued at $308,000 after purchasing an additional 339 shares during the period. Public Employees Retirement System of Ohio grew its holdings in Greenbrier Companies by 6.1% during the third quarter. Public Employees Retirement System of Ohio now owns 6,127 shares of the transportation company’s stock valued at $149,000 after purchasing an additional 350 shares during the period. Horizon Kinetics Asset Management LLC grew its holdings in Greenbrier Companies by 5.3% during the third quarter. Horizon Kinetics Asset Management LLC now owns 8,950 shares of the transportation company’s stock valued at $217,000 after purchasing an additional 450 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in Greenbrier Companies by 3.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,363 shares of the transportation company’s stock valued at $415,000 after purchasing an additional 468 shares during the period. Finally, Texas Permanent School Fund grew its holdings in Greenbrier Companies by 2.1% during the second quarter. Texas Permanent School Fund now owns 23,554 shares of the transportation company’s stock valued at $848,000 after purchasing an additional 480 shares during the period. Hedge funds and other institutional investors own 95.95% of the company’s stock.

About Greenbrier Companies

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Greenbrier Cos., Inc engages in the design, manufacture and marketing of railroad freight car equipment. It operates through the following segments: Manufacturing, Maintenance Services, Leasing & Management Services, and Corporate. The Manufacturing segment includes double-stack intermodal railcars, tank cars, and marine vessels.