Noble Financial Issues Pessimistic Outlook for RAIL Earnings

Freightcar America, Inc. (NASDAQ:RAIL) – Stock analysts at Noble Financial cut their FY2026 earnings per share estimates for Freightcar America in a report released on Thursday, June 11th. Noble Financial analyst M. Reichman now forecasts that the transportation company will earn $0.34 per share for the year, down from their previous estimate of $0.36. The consensus estimate for Freightcar America’s current full-year earnings is $0.41 per share. Noble Financial also issued estimates for Freightcar America’s Q4 2026 earnings at $0.24 EPS.

Freightcar America (NASDAQ:RAIL) last posted its earnings results on Monday, May 4th. The transportation company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.06). The company had revenue of $64.31 million for the quarter, compared to the consensus estimate of $74.60 million. Freightcar America had a net margin of 6.25% and a negative return on equity of 15.56%.

Several other equities analysts also recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Freightcar America in a research report on Friday, June 5th. Wall Street Zen downgraded Freightcar America from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Freightcar America Trading Up 4.7%

Shares of NASDAQ RAIL opened at $8.23 on Friday. The stock has a 50 day simple moving average of $8.23 and a 200-day simple moving average of $9.88. The company has a market cap of $157.52 million, a PE ratio of 11.12 and a beta of 1.48. Freightcar America has a 12-month low of $7.27 and a 12-month high of $14.90.

Institutional Investors Weigh In On Freightcar America

A number of institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its position in Freightcar America by 208.6% in the third quarter. BNP Paribas Financial Markets now owns 2,935 shares of the transportation company’s stock worth $29,000 after purchasing an additional 1,984 shares during the period. Royal Bank of Canada lifted its position in Freightcar America by 2,843.5% in the fourth quarter. Royal Bank of Canada now owns 4,062 shares of the transportation company’s stock worth $45,000 after purchasing an additional 3,924 shares during the period. Raymond James Financial Inc. lifted its position in Freightcar America by 24.7% in the second quarter. Raymond James Financial Inc. now owns 20,545 shares of the transportation company’s stock worth $177,000 after purchasing an additional 4,067 shares during the period. Man Group plc lifted its position in Freightcar America by 15.8% in the fourth quarter. Man Group plc now owns 30,743 shares of the transportation company’s stock worth $340,000 after purchasing an additional 4,191 shares during the period. Finally, Quarry LP acquired a new stake in Freightcar America in the third quarter worth approximately $53,000. 31.96% of the stock is currently owned by institutional investors and hedge funds.

Freightcar America Company Profile

FreightCar America, Inc is a designer and manufacturer of specialized railroad freight cars, offering a diverse range of products that include tank cars, open and covered hoppers, gondolas, boxcars and centerbeam lumber cars. The company supports both new car construction and the rebuilding of existing fleets, providing custom engineering solutions to meet customer specifications and industry regulations. FreightCar America also supplies aftermarket parts, maintenance services and component remanufacturing for its own fleet and for third-party car owners.

Headquartered in Chicago, Illinois, FreightCar America traces its origins to early 20th-century railcar builders and began trading as an independent, publicly-listed company on the NASDAQ under the ticker RAIL following a spin-off in 2010.