Textainer Group Holdings Limited, through its subsidiaries, purchases, owns, manages, leases, and disposes a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company's containers include standard dry freight containers, refrigerated, and other special-purpose containers, which include tank, 45', pallet-wide, and other types of containers. It also provides container acquisition, management, and disposal services to affiliated and unaffiliated container investors. In addition, the company is involved in the sale of containers from its fleet, as well as purchase, lease, or resale of containers from shipping line customers, container traders, and other sellers of containers. It operates a fleet of approximately 2.4 million containers, representing 3.8 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the United States military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.
IPO Year: 2007
Exchange: NYSE
Website: textainer.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/28/2023 | $40.00 → $45.00 | Outperform → Mkt Perform | Keefe Bruyette |
Keefe Bruyette downgraded Textainer Group from Outperform to Mkt Perform and set a new price target of $45.00 from $40.00 previously
B. Riley Securities resumed coverage of Textainer Group with a rating of Buy and set a new price target of $42.00
B. Riley resumed coverage of Textainer Group with a rating of Buy and set a new price target of $36.00 from $31.00 previously
Former Ernst and Young Senior Partner to serve as Chair of Audit Committee BOSTON, Jan. 4, 2024 /PRNewswire/ -- Valo Health, Inc ("Valo"), a technology company focused on utilizing large scale data and artificial intelligence ("AI") driven computation to discover and develop therapeutics, today announced the appointment of Lisa P. Young to its Board of Directors and as the chair of its Audit Committee. Young is a seasoned board member and global business leader with over 36 years of cross-sector, international experience in public accounting and professional services. "I am honored to welcome Lisa to the Valo Board of Directors. Her nearly four decades at EY in working with new business mod
SAN FRANCISCO, CA, June 22, 2021 (GLOBE NEWSWIRE) -- Fundbox, the financial platform for small businesses, announced today that it has appointed Hilliard Terry to its Board of Directors. Mr. Terry is an experienced executive leader, corporate board member and advisor to private equity backed portfolio companies. Mr. Terry currently serves on the board of directors of Umpqua Holdings Corporation (NASDAQ:UMPQ), a financial services company. He also serves on the board of directors of Upstart Holdings, Inc. (NASDAQ:UPST), a leading artificial intelligence consumer lending platform, and on the board of TLG Acquisition One Corporation (NYSE:TLGA), a special purpose acquisition company. "H
HAMILTON, Bermuda, June 1, 2021 /PRNewswire/ -- Textainer Group Holdings Limited (NYSE:TGH) ("Textainer", "the Company", "we" and "our") announced that two new members of its Board of Directors were elected at the May 26, 2021 Annual Meeting of Shareholders. James Earl and Cynthia Hostetler were elected as new Class II directors and Olivier Ghesquiere was re-elected as a Class II director at the Annual Meeting. The Company's shareholders also approved the 2020 audited financial statements and the appointment of KPMG as the Company's auditor for 2021. Mr. Earl was an executive with NYSE-listed GATX Corporation from 1988 to 2018, ultimately serving as Executive Vice President, President o
15F-12B - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Filer)
25-NSE - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
15F-12B - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Filer)
25-NSE - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
POSASR - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Filer)
S-8 POS - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Filer)
6-K - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Filer)
6-K - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Filer)
6-K - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Filer)
6-K - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Filer)
NEW YORK and HAMILTON, Bermuda, March 14, 2024 (GLOBE NEWSWIRE) -- Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced it has completed its acquisition of Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer" or "the Company"), one of the world's largest lessors of intermodal containers. "Today we embark on Textainer's exciting next chapter with a renewed commitment to delivering high quality equipment and best-in-class service to our customers worldwide," said Olivier Ghesquiere, President and Chief Executive Officer. "Over the years, we have established Textainer as our customers' "first call" for containers, an
HAMILTON, Bermuda and NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer"), one of the world's largest lessors of intermodal containers, today announced that it completed the previously announced acquisition of Textainer by investment vehicles managed by Stonepeak. All common shares of Textainer converted into the right to receive $50.00 per share in cash. The per share consideration paid to shareholders on the JSE will be in South African Rand at an exchange rate of 18.98821 Rand for each USD 1.00. The common shares, which trade on the New York Stock Exchange (the "NYSE") under the ticker symbol "TGH", were suspended from trad
HAMILTON, Bermuda and NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer"), one of the world's largest lessors of intermodal containers, today announced that at a special meeting of its shareholders held on February 22, 2024, Textainer's shareholders voted to approve the proposed acquisition of Textainer by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. Upon closing the acquisition, Textainer's common shareholders will have the right to receive $50.00 per common share in cash without interest and subject to any applicable withholding taxes. Upon closing the acquisition, each of
HAMILTON, Bermuda, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer", "the Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today reported unaudited financial results for the fourth-quarter and full-year ended December 31, 2023. Key Financial Information (in thousands except for per share and TEU amounts) (1) and Business Highlights: QTD Full-Year Q4 2023 Q3 2023 Q4 2022 2023 2022 Total lease rental income $190,830 $192,497 $202,912 $770,391 $810,014 Gain on sale of owned fleet containers, net $3,967 $5,197 $15,033 $26,415 $76,947 Income from operations $82,277 $92,165 $111,544
HAMILTON, Bermuda and NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer"), one of the world's largest lessors of intermodal containers, today announced that it has published its proxy statement relating to a special meeting of its shareholders (the "Special Meeting") to approve the previously announced acquisition of Textainer by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. The Special Meeting is scheduled for February 22, 2024 at 1:30 p.m., Bermuda Time, at Textainer's registered office at Century House, 16 Par-La-Ville Road, Hamilton HM 08, Bermuda. Shareholders entitled to
Former Ernst and Young Senior Partner to serve as Chair of Audit Committee BOSTON, Jan. 4, 2024 /PRNewswire/ -- Valo Health, Inc ("Valo"), a technology company focused on utilizing large scale data and artificial intelligence ("AI") driven computation to discover and develop therapeutics, today announced the appointment of Lisa P. Young to its Board of Directors and as the chair of its Audit Committee. Young is a seasoned board member and global business leader with over 36 years of cross-sector, international experience in public accounting and professional services. "I am honored to welcome Lisa to the Valo Board of Directors. Her nearly four decades at EY in working with new business mod
HAMILTON, Bermuda and NEW YORK, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer"), one of the world's largest lessors of intermodal containers, today announced the expiration of the 30-day "go-shop" period under the terms of the previously announced definitive agreement to be acquired by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. Under and subject to the terms of the agreement, Stonepeak will acquire Textainer for $50.00 per share in cash, representing an enterprise value of approximately $7.4 billion. The "go-shop" period expired at 12:01 a.m. Eastern Time on November 22, 2023. D
HAMILTON, Bermuda, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer", "the Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today reported financial results for the third-quarter ended September 30, 2023. Key Financial Information (in thousands except for per share and TEU amounts) and Business Highlights: QTD Q3 2023 Q2 2023 Q3 2022 Total lease rental income $192,497 $192,163 $205,152 Gain on sale of owned fleet containers, net $5,197 $7,703 $22,788 Income from operations $92,165 $97,678 $123,292 Net income attributable to common shareholders $44,677 $51,332 $76,400 Ne
HAMILTON, Bermuda, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE:TXT))) ("Textainer", "we" and "our"), one of the world's largest lessors of intermodal containers, will release third quarter 2023 financial results before the open of regular market trading on Thursday, November 2, 2023. As previously announced on October 22, 2023, Textainer has entered into a definitive agreement to be acquired by Stonepeak. In light of the pending transaction, Textainer will not hold an earnings conference call to discuss its third quarter results. About Textainer Group Holdings Limited Textainer has operated since 1979 and is one of the world's largest lessors of in
HAMILTON, Bermuda and NEW YORK, Oct. 22, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer", "Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today announced that it has entered into a definitive agreement to be acquired by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. Upon completion of the transaction and the redemption of Textainer's Series A and B cumulative redeemable perpetual preference shares, Textainer will become a privately held company. Under the terms of the definitive agreement, which was unanimously approved by the Textainer Board of Direct
HAMILTON, Bermuda and NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer"), one of the world's largest lessors of intermodal containers, today announced that it completed the previously announced acquisition of Textainer by investment vehicles managed by Stonepeak. All common shares of Textainer converted into the right to receive $50.00 per share in cash. The per share consideration paid to shareholders on the JSE will be in South African Rand at an exchange rate of 18.98821 Rand for each USD 1.00. The common shares, which trade on the New York Stock Exchange (the "NYSE") under the ticker symbol "TGH", were suspended from trad
HAMILTON, Bermuda, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer", "the Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today reported unaudited financial results for the fourth-quarter and full-year ended December 31, 2023. Key Financial Information (in thousands except for per share and TEU amounts) (1) and Business Highlights: QTD Full-Year Q4 2023 Q3 2023 Q4 2022 2023 2022 Total lease rental income $190,830 $192,497 $202,912 $770,391 $810,014 Gain on sale of owned fleet containers, net $3,967 $5,197 $15,033 $26,415 $76,947 Income from operations $82,277 $92,165 $111,544
HAMILTON, Bermuda and NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer"), one of the world's largest lessors of intermodal containers, today announced that it has published its proxy statement relating to a special meeting of its shareholders (the "Special Meeting") to approve the previously announced acquisition of Textainer by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. The Special Meeting is scheduled for February 22, 2024 at 1:30 p.m., Bermuda Time, at Textainer's registered office at Century House, 16 Par-La-Ville Road, Hamilton HM 08, Bermuda. Shareholders entitled to
HAMILTON, Bermuda, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer", "the Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today reported financial results for the third-quarter ended September 30, 2023. Key Financial Information (in thousands except for per share and TEU amounts) and Business Highlights: QTD Q3 2023 Q2 2023 Q3 2022 Total lease rental income $192,497 $192,163 $205,152 Gain on sale of owned fleet containers, net $5,197 $7,703 $22,788 Income from operations $92,165 $97,678 $123,292 Net income attributable to common shareholders $44,677 $51,332 $76,400 Ne
HAMILTON, Bermuda, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE:TXT))) ("Textainer", "we" and "our"), one of the world's largest lessors of intermodal containers, will release third quarter 2023 financial results before the open of regular market trading on Thursday, November 2, 2023. As previously announced on October 22, 2023, Textainer has entered into a definitive agreement to be acquired by Stonepeak. In light of the pending transaction, Textainer will not hold an earnings conference call to discuss its third quarter results. About Textainer Group Holdings Limited Textainer has operated since 1979 and is one of the world's largest lessors of in
HAMILTON, Bermuda and NEW YORK, Oct. 22, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer", "Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today announced that it has entered into a definitive agreement to be acquired by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. Upon completion of the transaction and the redemption of Textainer's Series A and B cumulative redeemable perpetual preference shares, Textainer will become a privately held company. Under the terms of the definitive agreement, which was unanimously approved by the Textainer Board of Direct
HAMILTON, Bermuda, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer", "the Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today reported financial results for the second-quarter ended June 30, 2023. Key Financial Information (in thousands except for per share and TEU amounts) and Business Highlights: QTD Q2 2023 Q1 2023 Q2 2022 Total lease rental income $192,163 $194,901 $203,232 Gain on sale of owned fleet containers, net $7,703 $9,548 $23,213 Income from operations $97,678 $100,379 $122,847 Net income attributable to common shareholders $51,332 $53,626 $78,590 Net income att
HAMILTON, Bermuda, July 21, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE:TXT))) ("Textainer", "we" and "our"), one of the world's largest lessors of intermodal containers, will release second quarter 2023 financial results before the open of regular market trading on Tuesday, August 1, 2023. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day. Those wishing to participate via webcast should access the call through Textainer's Investor Relations website at http://investor.textainer.com. Those wishing to participate via telephone may dial in at 1-877-407-9039 (U.S. & Canada) or 1-201-689-8470 (International). The conferen
HAMILTON, Bermuda, May 02, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE: TXT))) ("Textainer", "the Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today reported financial results for the first-quarter ended March 31, 2023. Key Financial Information (in thousands except for per share and TEU amounts) and Business Highlights: QTD Q1 2023 Q4 2022 Q1 2022 Total lease rental income $194,901 $202,912 $198,718 Gain on sale of owned fleet containers, net $9,548 $15,033 $15,913 Income from operations $100,379 $111,544 $114,716 Net income attributable to common shareholders $53,626 $61,854 $72,705 Net income attribut
HAMILTON, Bermuda, April 24, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH, JSE:TXT))) ("Textainer", "we" and "our"), one of the world's largest lessors of intermodal containers, will release first quarter 2023 financial results before the open of regular market trading on Tuesday, May 2, 2023. A conference call to discuss its results will follow at 11:00 a.m. Eastern Time that same day. Those wishing to participate via webcast should access the call through Textainer's Investor Relations website at http://investor.textainer.com. Those wishing to participate via telephone may dial in at 1-877-407-9039 (U.S. & Canada) or 1-201-689-8470 (International). The conference
SC 13G/A - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
SC 13G - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
SC 13G - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
SC 13G/A - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
SC 13G - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
SC 13G - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
SC 13G - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
SC 13G/A - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
SC 13G/A - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
SC 13G/A - TEXTAINER GROUP HOLDINGS LTD (0001413159) (Subject)
Textainer Gr Hldgs (NYSE:TGH) reported quarterly earnings of $1.13 per share. This is a 18.12 percent decrease over earnings of $1.38 per share from the same period last year. The company reported $190.83 million in sales this quarter. This is a 5.95 percent decrease over sales of $202.91 million the same period last year.
As of Nov. 20, 2023, four stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. TransDigm Group Incorporated (NYSE:TDG) TransDigm Group reported better-than-expected fourth-quar
Textainer Gr Hldgs (NYSE:TGH) reported quarterly adjusted earnings of $1.08 per share which missed the analyst consensus estimate of $1.14 by 5.26 percent. This is a 34.15 percent decrease over earnings of $1.64 per share from the same period last year. The company reported quarterly sales of $192.49 million which beat the analyst consensus estimate of $191.12 million by 0.72 percent. This is a 6.17 percent decrease over sales of $205.15 million the same period last year.
Companies Reporting Before The Bell • AudioCodes (NASDAQ:AUDC) is estimated to report quarterly earnings at $0.18 per share on revenue of $61.52 million. • Chunghwa Telecom (NYSE:CHT) is likely to report earnings for its third quarter. • Verona Pharma (NASDAQ:VRNA) is estimated to report earnings for its third quarter. • ChipMOS TECHNOLOGIES (NASDAQ:IMOS) is expected to report earnings for its third quarter. • Shell (NYSE:SHEL) is estimated to report quarterly earnings at $1.87 per share on revenue of $82.96 billion. • Novo Nordisk (NYSE:NVO) is likely to report quarterly earnings at $0.71 per share on revenue of $7.91 billion. • ING Groep (NYSE:ING) is estimated to report earnings fo
Textainer Gr Hldgs (NYSE:TGH) is set to give its latest quarterly earnings report on Thursday, 2023-11-02. Here's what investors need to know before the announcement. Analysts estimate that Textainer Gr Hldgs will report an earnings per share (EPS) of $1.14. Textainer Gr Hldgs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.05, which was followed by a 0.54% drop i
The most overbought stocks in the industrials sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. SP Plus Corporation (NASDAQ:SP) SP Plus entered into a definitive agreement to be acquired by Metropolis Technologies, Inc. for $54.00 per share in cash. "SP+ is a phenomenal
Gainers INVO Bioscience, Inc. (NASDAQ:INVO) jumped 375% to $2.57 as the company agreed to acquire NAYA Biosciences in an all-stock transaction. LumiraDx Limited (NASDAQ:LMDX) shares climbed 187.4% to $0.25 after the company reported a strategic collaboration with AstraZeneca and Everton in the Community to set up England’s first community-based heart and lung screening hub. Akumin Inc. (NASDAQ:AKU) shares climbed 125% to $0.3279 after the company reached an agreement with Stonepeak to become a private company. Textainer Group Holdings Limited (NYSE:TGH) shares gained 44.5% to $49.33 after the company agreed to be acquired by Stonepeak for $7.4 billion. Twin Ridge Capital Acquisition Co
Gainers Textainer Group Hldgs (NYSE:TGH) stock moved upwards by 44.4% to $49.3 during Monday's regular session. Textainer Group Hldgs's stock is trading at a volume of 4.5 million shares as of 13:31 EST. This is 2820.2% of its average full-day volume over the last 100 days. The company's market cap stands at $2.0 billion. Navios Maritime Hldgs (NYSE:NM) shares moved upwards by 16.7% to $2.2. The current volume of 1.8 million shares is 2014.8% of Navios Maritime Hldgs's average full-day volume over the last 100 days (last updated at 13:31 EST). The company's market cap stands at $50.2 million. Bridger Aerospace Gr (NASDAQ:BAER) shares increased by 15.45% to $4.62. As of 13:31 EST, Bridger
Gainers Textainer Group Hldgs (NYSE:TGH) shares moved upwards by 43.6% to $49.05 during Monday's pre-market session. The company's market cap stands at $2.0 billion. Navios Maritime Hldgs (NYSE:NM) stock moved upwards by 17.23% to $2.21. The company's market cap stands at $50.4 million. Jayud Global Logistics (NASDAQ:JYD) stock moved upwards by 16.16% to $1.94. The company's market cap stands at $41.4 million. Mynaric (NASDAQ:MYNA) shares increased by 11.75% to $3.69. The market value of their outstanding shares is at $92.0 million. Nocera (NASDAQ:NCRA) shares moved upwards by 10.75% to $1.75. The market value of their outstanding shares is at $17.5 million. NET Power (NYSE:NPWR) stock