American Railcar Industries (ARII) Expected to Announce Earnings of $0.59 Per Share

Equities research analysts expect that American Railcar Industries (NASDAQ:ARII) will announce $0.59 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for American Railcar Industries’ earnings, with estimates ranging from $0.52 to $0.65. American Railcar Industries reported earnings per share of $0.55 during the same quarter last year, which suggests a positive year over year growth rate of 7.3%. The company is scheduled to report its next earnings results on Tuesday, May 1st.

According to Zacks, analysts expect that American Railcar Industries will report full year earnings of $2.60 per share for the current year, with EPS estimates ranging from $2.35 to $2.70. For the next year, analysts expect that the firm will post earnings of $2.96 per share, with EPS estimates ranging from $2.85 to $3.07. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for American Railcar Industries.

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American Railcar Industries (NASDAQ:ARII) last announced its earnings results on Friday, February 23rd. The transportation company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.24). The firm had revenue of $132.40 million during the quarter, compared to analysts’ expectations of $121.21 million. American Railcar Industries had a return on equity of 6.15% and a net margin of 29.82%. The company’s revenue for the quarter was down 21.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.16 earnings per share.

ARII has been the topic of a number of analyst reports. BidaskClub raised American Railcar Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, January 3rd. Zacks Investment Research raised American Railcar Industries from a “sell” rating to a “hold” rating in a research note on Thursday, December 28th. ValuEngine raised American Railcar Industries from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Stifel Nicolaus set a $40.00 target price on American Railcar Industries and gave the company a “hold” rating in a research note on Monday, February 26th. Finally, Seaport Global Securities assumed coverage on American Railcar Industries in a research note on Thursday, January 4th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $40.75.

Institutional investors and hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. bought a new stake in American Railcar Industries during the 3rd quarter valued at approximately $173,000. MetLife Investment Advisors LLC bought a new stake in American Railcar Industries during the 4th quarter valued at approximately $196,000. North Point Portfolio Managers Corp OH bought a new stake in American Railcar Industries during the 4th quarter valued at approximately $204,000. Gamco Investors INC. ET AL bought a new stake in American Railcar Industries during the 4th quarter valued at approximately $208,000. Finally, Two Sigma Securities LLC bought a new stake in American Railcar Industries during the 4th quarter valued at approximately $225,000. 95.27% of the stock is currently owned by institutional investors.

ARII stock opened at $37.18 on Monday. American Railcar Industries has a twelve month low of $34.29 and a twelve month high of $43.90. The company has a debt-to-equity ratio of 0.78, a quick ratio of 2.58 and a current ratio of 3.32. The stock has a market cap of $712.40, a PE ratio of 19.96 and a beta of 2.01.

The firm also recently announced a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Friday, March 16th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 4.30%. The ex-dividend date of this dividend was Thursday, March 15th. American Railcar Industries’s dividend payout ratio (DPR) is presently 87.43%.

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American Railcar Industries Company Profile

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.

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Earnings History and Estimates for American Railcar Industries (NASDAQ:ARII)

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