CAI International, Inc. operates as a transportation finance company in the United States, Switzerland, France, Korea, Singapore, rest of Asia, rest of Europe, and internationally. The company leases, re-leases, and disposes equipment; and contracts for the repair, repositioning, and storage of equipment. It leases its container equipment to lessees under long-term, short-term, and finance leases. The company also sells containers; and manages equipment for to third-party investors, as well as sells used containers. As of December 31, 2020, it had a container fleet comprised 1,798,520 cost equivalent units. The company was formerly known as Container Applications International, Inc. and changed its name to CAI International, Inc. in February 2007. CAI International, Inc. was incorporated in 1989 and is headquartered in San Francisco, California.
IPO Year: n/a
Exchange: NYSE
Website: capps.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/30/2021 | $56.00 | Outperform → Mkt Perform | Keefe Bruyette |
S-1/A - Caris Life Sciences, Inc. (0002019410) (Filer)
15-12B - CAI International, Inc. (0001388430) (Filer)
25-NSE - CAI International, Inc. (0001388430) (Subject)
25-NSE - CAI International, Inc. (0001388430) (Subject)
25-NSE - CAI International, Inc. (0001388430) (Subject)
S-8 POS - CAI International, Inc. (0001388430) (Filer)
S-8 POS - CAI International, Inc. (0001388430) (Filer)
S-8 POS - CAI International, Inc. (0001388430) (Filer)
S-8 POS - CAI International, Inc. (0001388430) (Filer)
S-8 POS - CAI International, Inc. (0001388430) (Filer)
Keefe Bruyette downgraded CAI Intl from Outperform to Mkt Perform and set a new price target of $56.00
William Blair downgraded CAI International from Outperform to Market Perform
B. Riley Securities downgraded CAI International from Buy to Neutral
B. Riley Securities resumed coverage of CAI Intl with a rating of Buy and set a new price target of $60.00
B. Riley resumed coverage of CAI International with a rating of Buy and set a new price target of $50.00 from $44.00 previously
CAI International, Inc. (NYSE:CAI) ("CAI" or the "Company"), one of the world's leading transportation finance companies, announced today that CAI's Board of Directors declared a cash dividend of $0.30 per common share payable on September 27, 2021 to shareholders of record as of September 10, 2021. About CAI International, Inc. CAI is one of the world's leading transportation finance companies. As of June 30, 2021, CAI operated a worldwide fleet of approximately 1.9 million CEUs of containers. CAI operates through 13 offices located in 12 countries including the United States. Additional Information and Where to Find It This communication relates to the proposed merger involving the Co
Purchase Price of $56.00 per Common Share in Cash CAI International, Inc. (NYSE:CAI) ("CAI" or the "Company"), one of the world's leading transportation finance companies, announced today that it has entered into a definitive agreement to be acquired by Mitsubishi HC Capital Inc. ("MHC"). Under the terms of the merger agreement with MHC (the "Merger Agreement"), MHC will acquire all of CAI's outstanding and fully diluted common stock in an all-cash transaction for $56.00 per share, which represents a total equity value of approximately $1.1 billion, consisting of $104 million (par value) of preferred stock and $986 million of common stock equity value, assuming a fully-diluted share count
CAI International, Inc. ("CAI" or the "Company") (NYSE:CAI), one of the world's leading transportation finance companies, today reported results for the first quarter of 2021. Highlights Net income from continuing operations attributable to CAI common stockholders for the first quarter of 2021 was $32.5 million, or $1.85 per fully diluted share. Return on common equity on adjusted net income from continuing operations1 was 21.3% in the first quarter of 2021. Total leasing revenue for the first quarter of 2021 was $80.8 million, compared to $69.1 million in the first quarter of 2020. CAI's Board of Directors declared a cash dividend of $0.30 per common share payable on June 25, 2021
SAN FRANCISCO--(BUSINESS WIRE)--CAI International, Inc. (“CAI” or the “Company”) (NYSE: CAI), one of the world’s leading transportation finance companies, today reported results for the fourth quarter and full year of 2020. Highlights Net income from continuing operations attributable to CAI common stockholders for the fourth quarter of 2020 was a record $32.5 million, or $1.81 per fully diluted share. Adjusted net income from continuing operations attributable to CAI common stockholders1 for the fourth quarter of 2020 was also a record at $31.6 million, or $1.76 per fully diluted share. Return on equity on adjusted net income from continuing operations1 was 21.2% in the fo
CAI International, Inc. (NYSE:CAI) ("CAI" or the "Company"), one of the world's leading transportation finance companies, announced today that the Company's common stockholders, at a special meeting of the Company's common stockholders held earlier today (the "Special Meeting"), voted to adopt the previously announced merger agreement for the acquisition of the Company by Mitsubishi HC Capital Inc. ("MHC"). Under the terms of the merger agreement, the Company's common stockholders will be entitled to receive $56.00 per share in cash at the closing of the acquisition. The transaction is expected to close in the late third quarter or early fourth quarter of 2021. Upon completion of the acqui
CAI International, Inc. (NYSE:CAI) ("CAI" or the "Company"), one of the world's leading transportation finance companies, announced today that CAI's Board of Directors declared a cash dividend of $0.30 per common share payable on September 27, 2021 to shareholders of record as of September 10, 2021. About CAI International, Inc. CAI is one of the world's leading transportation finance companies. As of June 30, 2021, CAI operated a worldwide fleet of approximately 1.9 million CEUs of containers. CAI operates through 13 offices located in 12 countries including the United States. Additional Information and Where to Find It This communication relates to the proposed merger involving the Co
Purchase Price of $56.00 per Common Share in Cash CAI International, Inc. (NYSE:CAI) ("CAI" or the "Company"), one of the world's leading transportation finance companies, announced today that it has entered into a definitive agreement to be acquired by Mitsubishi HC Capital Inc. ("MHC"). Under the terms of the merger agreement with MHC (the "Merger Agreement"), MHC will acquire all of CAI's outstanding and fully diluted common stock in an all-cash transaction for $56.00 per share, which represents a total equity value of approximately $1.1 billion, consisting of $104 million (par value) of preferred stock and $986 million of common stock equity value, assuming a fully-diluted share count
CAI International, Inc. ("CAI" or the "Company") (NYSE:CAI), one of the world's leading transportation finance companies, today reported results for the first quarter of 2021. Highlights Net income from continuing operations attributable to CAI common stockholders for the first quarter of 2021 was $32.5 million, or $1.85 per fully diluted share. Return on common equity on adjusted net income from continuing operations1 was 21.3% in the first quarter of 2021. Total leasing revenue for the first quarter of 2021 was $80.8 million, compared to $69.1 million in the first quarter of 2020. CAI's Board of Directors declared a cash dividend of $0.30 per common share payable on June 25, 2021
NEW YORK, NY / ACCESSWIRE / April 29, 2021 / CAI International, Inc. (NYSE:CAI) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on April 29, 2021 at 5:00 PM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.investornetwork.com/event/presentation/78305To receive updates for this company you can register by emailing [email protected] or by clicking get investment info from the company's profile.About Investor NetworkInvestor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on what's trending. Dedicated to both the p
CAI International, Inc. (CAI) (NYSE:CAI) one of the world's leading transportation finance companies, announces the following earnings release date and conference call: EARNINGS RELEASE: April 29, 2021 at 4:00 pm ET EVENT: CAI Q1 2021 Financial Release Conference Call CALL DATE and TIME: April 29, 2021 at 5:00 pm ET DOMESTIC DIAL IN: 1-888-398-8098 INTERNATIONAL DIAL IN: 1-707-287-9363 LIVE WEBCAST: www.capps.com and click on the "Investors" tab If you are unable to participate during the live conference call and webcast, the call will be archived at www.capps.com for 30 d
SAN FRANCISCO--(BUSINESS WIRE)--CAI International, Inc. (“CAI” or the “Company”) (NYSE: CAI), one of the world’s leading transportation finance companies, today reported results for the fourth quarter and full year of 2020. Highlights Net income from continuing operations attributable to CAI common stockholders for the fourth quarter of 2020 was a record $32.5 million, or $1.81 per fully diluted share. Adjusted net income from continuing operations attributable to CAI common stockholders1 for the fourth quarter of 2020 was also a record at $31.6 million, or $1.76 per fully diluted share. Return on equity on adjusted net income from continuing operations1 was 21.2% in the fo
SAN FRANCISCO--(BUSINESS WIRE)--CAI International, Inc. (CAI) (NYSE: CAI) one of the world’s leading transportation finance companies, announces the following earnings release date and conference call: EARNINGS RELEASE: February 16, 2021 at 4:00 pm ET EVENT: CAI Q4 and Full Year 2020 Financial Release Conference Call CALL DATE and TIME: February 16, 2021 at 5:00 pm ET DOMESTIC DIAL IN: 1-888-398-8098 INTERNATIONAL DIAL IN: 1-707-287-9363 LIVE WEBCAST: www.capps.com and click on the “Investors” tab If you are unable to participate
SAN FRANCISCO--(BUSINESS WIRE)--CAI International, Inc. (“CAI” or the “Company”) (NYSE: CAI), is pleased to announce the closing of its previously reported agreement to sell all of its remaining railcar fleet to Infinity Transportation for $228.1 million. Timothy Page, Interim President and Chief Executive Officer of CAI, commented, “The closing of the sale of our remaining railcar fleet completes the commitment we made to divest our non-core assets and will allow us to maximize shareholder returns by focusing all of our resources on our core container leasing business.” About CAI International, Inc. CAI is one of the world’s leading transportation finance companies. As of Sept
SAN FRANCISCO--(BUSINESS WIRE)--CAI International, Inc. (“CAI” or the “Company”) (NYSE: CAI) is pleased to announce that it has reached an agreement to sell all of its remaining railcar fleet to affiliates of Infinity Transportation for $228.7 million. The transaction is subject to Hart-Scott-Rodino review and closing of the transaction is expected to occur on or before December 31, 2020. Timothy Page, Interim President and Chief Executive Officer, commented, “The sale of our remaining railcar fleet is an important milestone, as exiting the rail business allows us to execute our strategy of maximizing shareholder returns by focusing all of our resources on our core container leas
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4 - CAI International, Inc. (0001388430) (Issuer)
4 - CAI International, Inc. (0001388430) (Issuer)
4 - CAI International, Inc. (0001388430) (Issuer)
4 - CAI International, Inc. (0001388430) (Issuer)
4 - CAI International, Inc. (0001388430) (Issuer)
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SC 13G/A - CAI International, Inc. (0001388430) (Subject)
SC 13G - CAI International, Inc. (0001388430) (Subject)
SC 13G - CAI International, Inc. (0001388430) (Subject)
SC 13G - CAI International, Inc. (0001388430) (Subject)
SC 13G/A - CAI International, Inc. (0001388430) (Subject)
SC 13D - CAI International, Inc. (0001388430) (Subject)
SC 13D/A - CAI International, Inc. (0001388430) (Subject)
SC 13D/A - CAI International, Inc. (0001388430) (Subject)
SC 13G/A - CAI International, Inc. (0001388430) (Subject)
SC 13G/A - CAI International, Inc. (0001388430) (Subject)