Equities analysts forecast that Genesee & Wyoming Inc (NYSE:GWR) will report earnings per share of $1.29 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Genesee & Wyoming’s earnings, with estimates ranging from $1.27 to $1.30. Genesee & Wyoming reported earnings per share of $1.23 during the same quarter last year, which suggests a positive year-over-year growth rate of 4.9%. The business is expected to issue its next quarterly earnings results on Tuesday, October 29th.

On average, analysts expect that Genesee & Wyoming will report full year earnings of $4.34 per share for the current financial year, with EPS estimates ranging from $4.28 to $4.40. For the next year, analysts expect that the company will post earnings of $4.94 per share, with EPS estimates ranging from $4.80 to $5.05. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Genesee & Wyoming.

Genesee & Wyoming (NYSE:GWR) last posted its quarterly earnings results on Wednesday, August 7th. The transportation company reported $1.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.04). The firm had revenue of $571.48 million during the quarter, compared to the consensus estimate of $594.19 million. Genesee & Wyoming had a net margin of 9.33% and a return on equity of 6.41%.

Several equities analysts recently issued reports on the company. Cowen reiterated an “outperform” rating and issued a $112.00 price target (up previously from $96.00) on shares of Genesee & Wyoming in a report on Tuesday, July 2nd. Zacks Investment Research cut Genesee & Wyoming from a “hold” rating to a “sell” rating and set a $114.00 price target on the stock. in a report on Tuesday, July 2nd. Bank of America cut Genesee & Wyoming from a “neutral” rating to an “underperform” rating and set a $88.65 price target on the stock. in a report on Tuesday, April 30th. Stephens set a $112.00 price target on Genesee & Wyoming and gave the company a “hold” rating in a report on Monday, July 1st. Finally, Credit Suisse Group upgraded Genesee & Wyoming from an “underperform” rating to a “neutral” rating and raised their price target for the company from $75.00 to $112.00 in a report on Monday, July 1st. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. Genesee & Wyoming currently has a consensus rating of “Hold” and a consensus price target of $102.81.

In other Genesee & Wyoming news, insider John C. Hellmann sold 23,469 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $110.00, for a total value of $2,581,590.00. Following the transaction, the insider now owns 445,316 shares of the company’s stock, valued at $48,984,760. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.72% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the stock. UBS Group AG raised its position in Genesee & Wyoming by 11.3% in the 2nd quarter. UBS Group AG now owns 2,366,118 shares of the transportation company’s stock valued at $236,612,000 after buying an additional 240,990 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Genesee & Wyoming by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,625,037 shares of the transportation company’s stock valued at $120,287,000 after buying an additional 34,236 shares during the last quarter. Farallon Capital Management LLC acquired a new stake in Genesee & Wyoming in the 2nd quarter valued at approximately $77,500,000. Invesco Ltd. raised its position in Genesee & Wyoming by 207.9% in the 2nd quarter. Invesco Ltd. now owns 756,395 shares of the transportation company’s stock valued at $75,639,000 after buying an additional 510,698 shares during the last quarter. Finally, DF Dent & Co. Inc. raised its position in Genesee & Wyoming by 1.8% in the 2nd quarter. DF Dent & Co. Inc. now owns 681,885 shares of the transportation company’s stock valued at $68,188,000 after buying an additional 11,745 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors and hedge funds.

Genesee & Wyoming stock traded up $0.16 during mid-day trading on Friday, hitting $110.62. The stock had a trading volume of 12,049 shares, compared to its average volume of 1,138,579. The stock has a 50-day simple moving average of $109.66 and a two-hundred day simple moving average of $93.80. The stock has a market capitalization of $6.29 billion, a PE ratio of 28.71 and a beta of 1.33. Genesee & Wyoming has a 12 month low of $68.27 and a 12 month high of $110.72. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 0.62.

About Genesee & Wyoming

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

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