Greenbrier Companies, Inc. (The) (NYSE:GBX) had its price target increased by Cowen and Company from $39.00 to $50.00 in a research report report published on Tuesday. Cowen and Company currently has an outperform rating on the stock.

Several other research analysts also recently issued reports on the company. Vetr downgraded Greenbrier Companies, Inc. (The) from a hold rating to a sell rating and set a $35.84 price target for the company. in a research note on Monday, October 10th. initiated coverage on Greenbrier Companies, Inc. (The) in a research note on Friday, September 30th. They set an underperform rating and a $35.00 price target for the company. Wells Fargo & Company reaffirmed a hold rating and set a $31.00 price target on shares of Greenbrier Companies, Inc. (The) in a research note on Monday, September 19th. Bank of America downgraded Greenbrier Companies, Inc. (The) from a buy rating to a neutral rating in a research note on Wednesday, October 26th. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded Greenbrier Companies, Inc. (The) from a strong-buy rating to a hold rating in a research note on Tuesday, September 13th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the stock. Greenbrier Companies, Inc. (The) currently has a consensus rating of Hold and a consensus price target of $34.98.

Analyst Recommendations for Greenbrier Companies, Inc. (The) (NYSE:GBX)

Shares of Greenbrier Companies, Inc. (NYSE:GBX) traded up 1.97% on Tuesday, reaching $49.15. 168,529 shares of the company’s stock traded hands. Greenbrier Companies, Inc. has a 52 week low of $19.89 and a 52 week high of $49.30. The stock’s 50-day moving average price is $42.25 and its 200-day moving average price is $35.38. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 11.25 and a beta of 2.02.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last issued its earnings results on Friday, January 6th. The company reported $0.79 EPS for the quarter, missing the consensus estimate of $0.83 by $0.04. The company had revenue of $552.30 million for the quarter. Greenbrier Companies, Inc. (The) had a return on equity of 13.98% and a net margin of 5.71%. The business’s quarterly revenue was down 31.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.15 EPS. Equities analysts predict that Greenbrier Companies, Inc. will post $3.45 EPS for the current year.

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The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 16th. Stockholders of record on Thursday, January 26th will be paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Tuesday, January 24th. Greenbrier Companies, Inc. (The)’s dividend payout ratio is currently 19.18%.

In other news, EVP James T. Sharp sold 2,996 shares of the company’s stock in a transaction dated Wednesday, November 9th. The shares were sold at an average price of $32.18, for a total transaction of $96,411.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark J. Rittenbaum sold 6,250 shares of the company’s stock in a transaction dated Friday, January 6th. The shares were sold at an average price of $44.75, for a total transaction of $279,687.50. Following the transaction, the executive vice president now directly owns 63,857 shares of the company’s stock, valued at approximately $2,857,600.75. The disclosure for this sale can be found here. Insiders own 4.60% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Greenbrier Companies, Inc. (The) by 13.3% in the second quarter. Vanguard Group Inc. now owns 4,386,156 shares of the company’s stock worth $127,769,000 after buying an additional 514,371 shares in the last quarter. BlackRock Fund Advisors increased its position in Greenbrier Companies, Inc. (The) by 15.3% in the third quarter. BlackRock Fund Advisors now owns 1,957,946 shares of the company’s stock worth $69,115,000 after buying an additional 259,658 shares in the last quarter. Northern Trust Corp increased its position in Greenbrier Companies, Inc. (The) by 1.5% in the third quarter. Northern Trust Corp now owns 801,830 shares of the company’s stock worth $28,304,000 after buying an additional 11,968 shares in the last quarter. Bank of New York Mellon Corp increased its position in Greenbrier Companies, Inc. (The) by 6.7% in the third quarter. Bank of New York Mellon Corp now owns 705,161 shares of the company’s stock worth $24,893,000 after buying an additional 44,203 shares in the last quarter. Finally, State Street Corp increased its position in Greenbrier Companies, Inc. (The) by 0.6% in the second quarter. State Street Corp now owns 534,390 shares of the company’s stock worth $15,571,000 after buying an additional 3,124 shares in the last quarter. 97.72% of the stock is owned by institutional investors.

About Greenbrier Companies, Inc. (The)

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

5 Day Chart for NYSE:GBX

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