American Railcar Industries, Inc. (NASDAQ:ARII) is scheduled to be releasing its earnings data before the market opens on Wednesday, July 26th. Analysts expect American Railcar Industries to post earnings of $0.60 per share for the quarter.
American Railcar Industries (NASDAQ:ARII) last released its quarterly earnings results on Tuesday, May 2nd. The transportation company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by $0.17. The company had revenue of $114.68 million for the quarter, compared to analyst estimates of $100.50 million. American Railcar Industries had a net margin of 10.46% and a return on equity of 12.91%. On average, analysts expect American Railcar Industries to post $2.38 EPS for the current fiscal year and $2.56 EPS for the next fiscal year.
American Railcar Industries, Inc. (NASDAQ ARII) opened at 36.89 on Tuesday. The firm has a market cap of $703.97 million, a P/E ratio of 11.77 and a beta of 2.33. The firm’s 50-day moving average price is $36.70 and its 200-day moving average price is $40.90. American Railcar Industries, Inc. has a 1-year low of $34.50 and a 1-year high of $51.10.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 29th. Investors of record on Friday, June 16th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date of this dividend was Wednesday, June 14th. American Railcar Industries’s dividend payout ratio (DPR) is 51.12%.
A number of analysts have issued reports on the stock. ValuEngine upgraded shares of American Railcar Industries from a “hold” rating to a “buy” rating in a report on Tuesday, May 16th. Buckingham Research began coverage on shares of American Railcar Industries in a report on Wednesday, June 21st. They issued a “neutral” rating and a $38.00 target price on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $41.50.
About American Railcar Industries
American Railcar Industries, Inc is a designer and manufacturer of hopper and tank railcars. The Company designs and manufactures railcars and a range of components for the North American railcar and industrial markets. It operates through three segments: manufacturing, railcar leasing and railcar services.
Receive News & Ratings for American Railcar Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Railcar Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
