GATX Corporation (NYSE: GATX) strives to be recognized as the finest railcar leasing company in the world by our customers, our shareholders, our employees and the communities where we operate. As the leading global railcar lessor, GATX has been providing quality railcars and services to its customers for more than 122 years. GATX has been headquartered in Chicago, Illinois since its founding in 1898.
IPO Year:
Exchange: NYSE
Website: gatx.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/18/2024 | $185.00 | Buy | Goldman |
1/24/2024 | $122.00 → $136.00 | Market Perform | TD Cowen |
7/26/2023 | $135.00 → $137.00 | Outperform → Market Perform | TD Cowen |
3/14/2023 | $152.00 | Buy | Sidoti |
11/7/2022 | Positive → Neutral | Susquehanna | |
2/2/2022 | $130.00 | Neutral → Buy | Sidoti |
1/10/2022 | $110.00 → $120.00 | Overweight | Wells Fargo |
10/20/2021 | $103.00 → $110.00 | Overweight | Wells Fargo |
7/26/2021 | $110.00 → $12.00 | Neutral → Positive | Susquehanna |
7/26/2021 | $112.00 | Neutral → Positive | Susquehanna |
4/A - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
4/A - GATX CORP (0000040211) (Issuer)
4 - GATX CORP (0000040211) (Issuer)
10-Q - GATX CORP (0000040211) (Filer)
8-K - GATX CORP (0000040211) (Filer)
10-Q - GATX CORP (0000040211) (Filer)
8-K - GATX CORP (0000040211) (Filer)
11-K - GATX CORP (0000040211) (Filer)
11-K - GATX CORP (0000040211) (Filer)
8-K - GATX CORP (0000040211) (Filer)
424B5 - GATX CORP (0000040211) (Filer)
FWP - GATX CORP (0000040211) (Subject)
424B3 - GATX CORP (0000040211) (Filer)
Goldman initiated coverage of GATX with a rating of Buy and set a new price target of $185.00
TD Cowen reiterated coverage of GATX with a rating of Market Perform and set a new price target of $136.00 from $122.00 previously
TD Cowen downgraded GATX from Outperform to Market Perform and set a new price target of $137.00 from $135.00 previously
Sidoti resumed coverage of GATX with a rating of Buy and set a new price target of $152.00
Susquehanna downgraded GATX from Positive to Neutral
Sidoti upgraded GATX from Neutral to Buy and set a new price target of $130.00
Wells Fargo reiterated coverage of GATX with a rating of Overweight and set a new price target of $120.00 from $110.00 previously
Wells Fargo reiterated coverage of GATX with a rating of Overweight and set a new price target of $110.00 from $103.00 previously
Susquehanna upgraded GATX from Neutral to Positive and set a new price target of $12.00 from $110.00 previously
Susquehanna upgraded GATX from Neutral to Positive and set a new price target of $112.00
GATX Corporation (NYSE:GATX) was recently selected by the Chemistry Industry Association of Canada ("CIAC") to receive the 2023 Responsible Care® Excellence in Partnership Award. This award was presented to GATX at the annual CIAC board of directors' meeting on Oct. 22, 2024. The CIAC's Responsible Care Program has been in place for over 35 years, and is designed to bring chemical producers and their key suppliers together to demonstrate a common commitment to continuously improve the industry's safety, sustainability and overall performance. GATX is a Responsible Care Partner in both the CIAC and the American Chemistry Council (ACC) program in the United States. CIAC's president and chie
The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.58 per common share, payable Dec. 31, 2024, to shareholders of record on Dec. 13, 2024. This quarterly dividend is unchanged from the prior quarter. COMPANY DESCRIPTION At GATX Corporation (NYSE:GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquartered in Chic
Demand for railcars across GATX's global fleets remains strong; Rail North America's fleet utilization remains above 99% Aircraft spare engine portfolio continues strong performance Investment volume was $504.5 million in the third quarter and totaled over $1.3 billion year to date Company updates 2024 full-year earnings guidance to $7.50 – 7.70 per diluted share GATX Corporation (NYSE:GATX) today reported 2024 third-quarter net income of $89.0 million, or $2.43 per diluted share, compared to net income of $52.5 million, or $1.44 per diluted share, in the third quarter of 2023. The 2024 third-quarter results include a net negative impact of $2.5 million, or $0.07 per diluted share,
GATX Corporation (NYSE:GATX) will report results for the 2024 third quarter prior to market open on Oct. 22, 2024. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows: Live Teleconference Date: Oct. 22, 2024 Time: 11 a.m. (Eastern Time) Domestic Dial-In: 1-800-715-9871 International Dial-In: 1-646-307-1963 Live Webcast: www.gatx.com To participate by phone, please dial in approximately 15 minutes prior to the start time and reference the GATX conference call. To listen via webcast, click the link on GATX's homepage, www.gatx.com. R
GATX Corporation (NYSE:GATX), the leading global lessor of transportation assets, today announced that Christopher LaHurd has been appointed senior vice president, international, effective immediately. In this role, Mr. LaHurd will focus on developing and implementing strategic and operational initiatives that position GATX to fully capitalize on the attractive growth opportunities in the European rail market. "I am pleased to announce Chris' promotion," said Robert C. Lyons, president and chief executive officer of GATX Corporation. "Chris has a proven track record managing various aspects of our international businesses during his tenure at GATX. With his extensive knowledge of the Comp
The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.58 per common share, payable September 30, 2024, to shareholders of record on September 13, 2024. This quarterly dividend is unchanged from the prior quarter. COMPANY DESCRIPTION At GATX Corporation (NYSE:GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquart
Demand for railcars remains robust across all regions; Rail North America's fleet utilization remains above 99% Aircraft spare engine portfolio continues to benefit from strong demand for global air travel Investment volume was $442.0 million in the second quarter and totaled $820.6 million year to date Company reiterates 2024 full-year earnings guidance GATX Corporation (NYSE:GATX) today reported 2024 second-quarter net income of $44.4 million, or $1.21 per diluted share, compared to net income of $63.3 million, or $1.74 per diluted share, in the second quarter of 2023. The 2024 second-quarter results include a net negative impact of $8.0 million, or $0.22 per diluted share, f
GATX Corporation (NYSE:GATX) will report results for the 2024 second quarter prior to market open on July 23, 2024. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows: Live Teleconference Date: July 23, 2024 Time: 11 a.m. (Eastern Time) Domestic Dial-In: 1 800 715-9871 International Dial-In: 1 646 307-1963 Live Webcast: www.gatx.com To participate by phone, please dial in approximately 15 minutes prior to the start time and reference the GATX conference call. To listen via webcast, click the link on GATX's homepage,
Thomas A. Ellman, executive vice president and chief financial officer, GATX Corporation (NYSE:GATX), will present at the 2024 Wells Fargo Industrials Conference on Tuesday, June 11, 2024. GATX's presentation will begin at 3:00 p.m. CT. To listen to a live webcast of the event, please access the appropriate link at www.gatx.com at least 15 minutes prior to the start time. The webcast will be archived for 90 days. COMPANY DESCRIPTION At GATX Corporation (NYSE:GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparallel
GATX Corporation (NYSE:GATX) today announced that Wesley J. Lujan will be appointed vice president, government and industry affairs, succeeding Terrence G. Heidkamp, who will retire at the end of 2024. In his new role, Mr. Lujan will be responsible for GATX's relationships with North American rail industry associations and regulatory and legislative bodies. Mr. Lujan will join GATX from Union Pacific after his tenure ends on July 5, 2024. At Union Pacific, Mr. Lujan has served in a variety of government and public affairs roles for 17 years, most recently as assistant vice president of external relations. Mr. Lujan and Mr. Heidkamp will work together over a six-month transition period onc
SC 13G/A - GATX CORP (0000040211) (Subject)
SC 13G/A - GATX CORP (0000040211) (Subject)
SC 13G/A - GATX CORP (0000040211) (Subject)
SC 13D/A - GATX CORP (0000040211) (Subject)
SC 13G/A - GATX CORP (0000040211) (Subject)
SC 13G/A - GATX CORP (0000040211) (Subject)
SC 13G/A - GATX CORP (0000040211) (Subject)
SC 13G/A - GATX CORP (0000040211) (Subject)
SC 13G/A - GATX CORP (0000040211) (Subject)
SC 13G/A - GATX CORP (0000040211) (Subject)
GATX Corporation (NYSE:GATX) was recently selected by the Chemistry Industry Association of Canada ("CIAC") to receive the 2023 Responsible Care® Excellence in Partnership Award. This award was presented to GATX at the annual CIAC board of directors' meeting on Oct. 22, 2024. The CIAC's Responsible Care Program has been in place for over 35 years, and is designed to bring chemical producers and their key suppliers together to demonstrate a common commitment to continuously improve the industry's safety, sustainability and overall performance. GATX is a Responsible Care Partner in both the CIAC and the American Chemistry Council (ACC) program in the United States. CIAC's president and chie
The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.58 per common share, payable Dec. 31, 2024, to shareholders of record on Dec. 13, 2024. This quarterly dividend is unchanged from the prior quarter. COMPANY DESCRIPTION At GATX Corporation (NYSE:GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquartered in Chic
Demand for railcars across GATX's global fleets remains strong; Rail North America's fleet utilization remains above 99% Aircraft spare engine portfolio continues strong performance Investment volume was $504.5 million in the third quarter and totaled over $1.3 billion year to date Company updates 2024 full-year earnings guidance to $7.50 – 7.70 per diluted share GATX Corporation (NYSE:GATX) today reported 2024 third-quarter net income of $89.0 million, or $2.43 per diluted share, compared to net income of $52.5 million, or $1.44 per diluted share, in the third quarter of 2023. The 2024 third-quarter results include a net negative impact of $2.5 million, or $0.07 per diluted share,
GATX Corporation (NYSE:GATX) will report results for the 2024 third quarter prior to market open on Oct. 22, 2024. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows: Live Teleconference Date: Oct. 22, 2024 Time: 11 a.m. (Eastern Time) Domestic Dial-In: 1-800-715-9871 International Dial-In: 1-646-307-1963 Live Webcast: www.gatx.com To participate by phone, please dial in approximately 15 minutes prior to the start time and reference the GATX conference call. To listen via webcast, click the link on GATX's homepage, www.gatx.com. R
The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.58 per common share, payable September 30, 2024, to shareholders of record on September 13, 2024. This quarterly dividend is unchanged from the prior quarter. COMPANY DESCRIPTION At GATX Corporation (NYSE:GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquart
Demand for railcars remains robust across all regions; Rail North America's fleet utilization remains above 99% Aircraft spare engine portfolio continues to benefit from strong demand for global air travel Investment volume was $442.0 million in the second quarter and totaled $820.6 million year to date Company reiterates 2024 full-year earnings guidance GATX Corporation (NYSE:GATX) today reported 2024 second-quarter net income of $44.4 million, or $1.21 per diluted share, compared to net income of $63.3 million, or $1.74 per diluted share, in the second quarter of 2023. The 2024 second-quarter results include a net negative impact of $8.0 million, or $0.22 per diluted share, f
GATX Corporation (NYSE:GATX) will report results for the 2024 second quarter prior to market open on July 23, 2024. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows: Live Teleconference Date: July 23, 2024 Time: 11 a.m. (Eastern Time) Domestic Dial-In: 1 800 715-9871 International Dial-In: 1 646 307-1963 Live Webcast: www.gatx.com To participate by phone, please dial in approximately 15 minutes prior to the start time and reference the GATX conference call. To listen via webcast, click the link on GATX's homepage,
GATX Corporation (NYSE:GATX) today announced that Wesley J. Lujan will be appointed vice president, government and industry affairs, succeeding Terrence G. Heidkamp, who will retire at the end of 2024. In his new role, Mr. Lujan will be responsible for GATX's relationships with North American rail industry associations and regulatory and legislative bodies. Mr. Lujan will join GATX from Union Pacific after his tenure ends on July 5, 2024. At Union Pacific, Mr. Lujan has served in a variety of government and public affairs roles for 17 years, most recently as assistant vice president of external relations. Mr. Lujan and Mr. Heidkamp will work together over a six-month transition period onc
The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.58 per common share, payable June 30, 2024, to shareholders of record on June 14, 2024. This quarterly dividend is unchanged from the prior quarter. COMPANY DESCRIPTION At GATX Corporation (NYSE:GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquartered in C
2024 first-quarter net income was $74.3 million, or $2.03 per diluted share Rail North America's fleet utilization remained high at 99.4%; Lease Price Index (LPI) at positive 33% First-quarter investment volume totaled $378.6 million Company reiterates 2024 full-year earnings guidance GATX Corporation (NYSE:GATX) today reported 2024 first-quarter net income of $74.3 million, or $2.03 per diluted share, compared to net income of $77.4 million, or $2.16 per diluted share, in the first quarter of 2023. The 2024 first-quarter results included a net positive impact of $0.6 million, or $0.02 per diluted share, from Tax Adjustments and Other Items. The 2023 first-quarter results inclu
GATX Corporation (NYSE:GATX), the leading global lessor of transportation assets, today announced that Christopher LaHurd has been appointed senior vice president, international, effective immediately. In this role, Mr. LaHurd will focus on developing and implementing strategic and operational initiatives that position GATX to fully capitalize on the attractive growth opportunities in the European rail market. "I am pleased to announce Chris' promotion," said Robert C. Lyons, president and chief executive officer of GATX Corporation. "Chris has a proven track record managing various aspects of our international businesses during his tenure at GATX. With his extensive knowledge of the Comp
GATX Corporation (NYSE:GATX) today announced the election of John M. Holmes to its board of directors. Mr. Holmes will also serve as a member of the board's Audit Committee. With the appointment of Mr. Holmes, the GATX board will now consist of 10 members, including nine independent directors. "We are pleased to welcome John to GATX's board of directors," said Robert C. Lyons, president and chief executive officer of GATX. "John is an outstanding business leader with deep international experience and a strong track record of performance. His insights will be an asset to GATX as we continue executing our global growth strategy." "John is an excellent addition to our group of independent
GATX Corporation (NYSE:GATX), the leading global lessor of transportation assets, today announced three senior leadership promotions, effective immediately: Kevin J. Hillesland has been appointed Senior Vice President, Structured Finance, where he will continue to drive various strategic initiatives, including GATX's investment in aircraft spare engines. Since joining GATX in 1994, Mr. Hillesland has held leadership positions in corporate finance, portfolio investments and structured finance with increasing responsibility. He also serves as a board member of Rolls-Royce & Partners Finance, GATX's 50% owned aircraft spare engine leasing joint venture. In his most recent role as Vice Presid
GATX Corporation (NYSE:GATX) today announced the election of Shelley J. Bausch to its board of directors. Ms. Bausch will also serve as a member of the board's Audit and Governance Committees. With the appointment of Ms. Bausch, the GATX board will now consist of nine members, including eight independent directors. "We are pleased to welcome Shelley to GATX's board of directors," said Robert C. Lyons, president and chief executive officer of GATX. "Shelley has extensive experience and success leading international businesses across industries. Her insights will be crucial to GATX as we continue executing our global growth strategy." "Shelley is an excellent addition to our group of inde
GATX Corporation (NYSE:GATX) today announced that James B. Ream has been named as the Company's independent chair of its board of directors, effective today. Mr. Ream succeeds Brian A. Kenney, who retired as the Company's president and chief executive officer in April 2022 and who has served on the board as non-executive chair for a transitional period ending Oct. 31, 2022. The board previously announced its intention to separate the board chair and CEO roles following the transitional period. Mr. Ream has served as GATX's independent lead director for the past five years. "Jim's long history of leadership at various public companies, combined with over 40 years of experience in the trans
Deborah A. Golden, executive vice president, general counsel and corporate secretary of GATX Corporation (NYSE:GATX), has elected to retire effective Nov. 30, 2022. Ms. Golden joined GATX in 2006 as vice president and general counsel. Brian L. Glassberg, currently deputy general counsel of GATX, has been appointed executive vice president, general counsel and corporate secretary effective Dec. 1, 2022. "Since joining GATX, Deb has been instrumental in every facet of our business," said Robert C. Lyons, president and chief executive officer of GATX. "Her legal expertise and broad business skills contributed greatly to GATX's success during her tenure. Importantly, Deb is one of the stronges
Trifleet Leasing Holding B.V. ("Trifleet"), a wholly owned subsidiary of Chicago-based GATX Corporation (NYSE:GATX), announced that Erik Henstra has been appointed as Managing Director, effective Sept. 1. "Erik is a proven leader with extensive international experience in asset leasing and associated services," said Thomas A. Ellman, Executive Vice President and Chief Financial Officer of GATX. "We are confident that Erik is the ideal person to build on Trifleet's successes and guide Trifleet in its next phase of growth." Mr. Henstra brings a wealth of experience in working with international customers and an entrepreneurial spirit to build sustainable business models jointly with custome
GATX Corporation (NYSE:GATX) announced that Paul F. Titterton will be the next president of Rail North America, effective April 22, 2022. Mr. Titterton will succeed Robert C. Lyons, who as previously announced will assume the role of chief executive officer of GATX Corporation, effective the same date. Mr. Titterton, currently senior vice president and chief operating officer of Rail North America, will also be appointed an executive vice president of GATX Corporation on the transition date. "Paul has been an integral part of our North American rail business for 25 years," said Mr. Lyons. "His breadth of experience, including senior roles in our commercial and operation functions, makes hi
Brian A. Kenney to retire as CEO in April 2022; Kenney to continue as non-executive chairman for a transition period Board names Robert C. Lyons as CEO-elect GATX Corporation (NYSE:GATX) today announced Brian A. Kenney will retire as president and CEO, effective April 22, 2022. Mr. Kenney will continue to serve on GATX's board of directors as non-executive chairman until October 31, 2022 to ensure a seamless transition. As part of a long-term succession planning process, the GATX board of directors has appointed Robert C. Lyons, GATX's current executive vice president and president, Rail North America, as the Company's next chief executive officer, effective April 22, 2022, and will no
CHICAGO, April 28, 2021 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced the appointment of Kim Nero as Executive Vice President and Chief Human Relations Officer, effective May 3. In this role, Ms. Nero will oversee GATX's global human resources organization. She succeeds James (Jim) M. Conniff, who is retiring after a successful 40-year career with GATX. "Kim is a dynamic, strategic, results-oriented leader who brings a wealth of experience in cultural transformation, employee development, talent acquisition and management, and employee relations," said Brian A. Kenney, President and Chief Executive Officer of GATX. "I am confident she will advance our talent strategie
GATX (NYSE:GATX) reported quarterly earnings of $1.43 per share which missed the analyst consensus estimate of $1.77 by 19.21 percent. This is a 17.34 percent decrease over earnings of $1.73 per share from the same period last year. The company reported quarterly sales of $386.70 million which beat the analyst consensus estimate of $385.45 million by 0.32 percent. This is a 12.67 percent increase over sales of $343.20 million the same period last year.
About 14% of the S&P 500 companies have reported their June quarter earnings and the blended earnings growth rate for the companies constituting the broader index remains healthy. The coming week will see the official start of the tech reporting season, which could potentially decide the fate of the market, which has seen a steep pullback in the recent week. The Week That Was: The tech earnings season had a modest start last week with the earnings report from chip-equipment maker ASML Holding N.V. (NASDAQ:ASML). The stock slumped about 16%, dragged by its weak third-quarter outlook and geopolitical concerns surrounding the China chip ban. Netflix, Inc.’s (NASDAQ:NFLX) guidance disappointe
- Reuters
- Reuters
Susquehanna analyst Bascome Majors maintains GATX (NYSE:GATX) with a Neutral and raises the price target from $120 to $122.
"First-quarter investment volume was $379 million and 2024 investment prospects remain favorable. As the year is progressing in line with our original expectations, our 2024 full-year earnings estimate remains unchanged at $7.30–$7.70 per diluted share, excluding the impact of Tax Adjustments and Other Items."
GATX (NYSE:GATX) reported quarterly Adj earnings of $2.01 per share which beat the analyst consensus estimate of $1.76 by 14.2 percent. The company reported quarterly sales of $379.900 million which beat the analyst consensus estimate of $375.800 million by 1.09 percent. This is a 12.10 percent increase over sales of $338.900 million the same period last year.
Companies Reporting Before The Bell • RTX (NYSE:RTX) is expected to report quarterly earnings at $1.23 per share on revenue of $18.41 billion. • MSCI (NYSE:MSCI) is expected to report quarterly earnings at $3.45 per share on revenue of $684.13 million. • Quest Diagnostics (NYSE:DGX) is expected to report quarterly earnings at $1.85 per share on revenue of $2.29 billion. • Community Bank System (NYSE:CBU) is expected to report quarterly earnings at $0.78 per share on revenue of $176.83 million. • Herc Hldgs (NYSE:HRI) is estimated to report quarterly earnings at $2.15 per share on revenue of $782.85 million. • JetBlue Airways (NASDAQ:JBLU) is expected to report quarterly loss at $0.52 p