Greenbrier Companies Inc. (NYSE:GBX) EVP Mark J. Rittenbaum sold 6,250 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $38.10, for a total transaction of $238,125.00. Following the completion of the sale, the executive vice president now directly owns 76,357 shares of the company’s stock, valued at $2,909,201.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Greenbrier Companies Inc. (NYSE:GBX) opened at 38.45 on Monday. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 6.71 and a beta of 1.87. Greenbrier Companies Inc. has a 52-week low of $19.89 and a 52-week high of $38.75. The stock has a 50 day moving average of $34.65 and a 200 day moving average of $32.14.
Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings results on Tuesday, October 25th. The company reported $1.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.14 by $0.08. Greenbrier Companies had a net margin of 6.84% and a return on equity of 19.02%. The business earned $595.20 million during the quarter, compared to analyst estimates of $619.43 million. During the same period last year, the firm posted $2.02 earnings per share. The company’s quarterly revenue was down 22.2% on a year-over-year basis. On average, analysts predict that Greenbrier Companies Inc. will post $3.37 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, November 10th will be given a $0.21 dividend. The ex-dividend date of this dividend is Tuesday, November 8th. This represents a $0.84 annualized dividend and a yield of 2.18%. Greenbrier Companies’s dividend payout ratio is presently 14.63%.
Several research analysts recently issued reports on the stock. Vetr cut shares of Greenbrier Companies from a “hold” rating to a “sell” rating and set a $35.84 price target for the company. in a report on Monday, October 10th. Cowen and Company increased their price target on shares of Greenbrier Companies from $35.00 to $39.00 and gave the stock an “outperform” rating in a report on Friday, October 14th. Standpoint Research cut shares of Greenbrier Companies from a “buy” rating to a “hold” rating in a report on Wednesday, October 19th. assumed coverage on shares of Greenbrier Companies in a report on Friday, September 30th. They set an “underperform” rating and a $35.00 price target for the company. Finally, Bank of America Corp. cut shares of Greenbrier Companies from a “buy” rating to a “neutral” rating in a report on Wednesday, October 26th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company’s stock. Greenbrier Companies presently has a consensus rating of “Hold” and an average price target of $34.73.
A number of hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC purchased a new stake in shares of Greenbrier Companies during the second quarter valued at $108,000. Teacher Retirement System of Texas increased its stake in shares of Greenbrier Companies by 20.4% in the second quarter. Teacher Retirement System of Texas now owns 3,994 shares of the company’s stock valued at $116,000 after buying an additional 678 shares in the last quarter. US Bancorp DE increased its stake in shares of Greenbrier Companies by 35.6% in the second quarter. US Bancorp DE now owns 4,908 shares of the company’s stock valued at $143,000 after buying an additional 1,288 shares in the last quarter. Mason Street Advisors LLC purchased a new stake in shares of Greenbrier Companies during the second quarter valued at $146,000. Finally, Hsbc Holdings PLC purchased a new stake in shares of Greenbrier Companies during the third quarter valued at $215,000. Hedge funds and other institutional investors own 97.86% of the company’s stock.
Greenbrier Companies Company Profile