Greenbrier Companies (GBX) Set to Announce Quarterly Earnings on Wednesday

Greenbrier Companies (NYSE:GBX) will announce its earnings results after the market closes on Wednesday, October 23rd. Analysts expect the company to announce earnings of $1.32 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Greenbrier Companies Stock Performance

NYSE GBX opened at $52.09 on Monday. The company has a current ratio of 1.73, a quick ratio of 0.85 and a debt-to-equity ratio of 0.98. The firm’s fifty day moving average price is $48.61 and its two-hundred day moving average price is $49.81. Greenbrier Companies has a 1 year low of $32.00 and a 1 year high of $58.00. The firm has a market capitalization of $1.62 billion, a P/E ratio of 13.64, a price-to-earnings-growth ratio of 0.60 and a beta of 1.53.

Greenbrier Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 6th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend is Wednesday, November 6th. Greenbrier Companies’s payout ratio is presently 31.41%.

Insider Activity

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

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Friday, August 23rd. One research analyst has rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Greenbrier Companies presently has a consensus rating of “Moderate Buy” and an average price target of $62.67.

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.