Analysts forecast that American Railcar Industries, Inc. (NASDAQ:ARII) will announce earnings per share (EPS) of $0.53 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for American Railcar Industries’ earnings, with estimates ranging from $0.48 to $0.59. American Railcar Industries posted earnings of $0.46 per share during the same quarter last year, which suggests a positive year over year growth rate of 15.2%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, October 30th.

According to Zacks, analysts expect that American Railcar Industries will report full year earnings of $2.39 per share for the current financial year, with EPS estimates ranging from $2.24 to $2.60. For the next financial year, analysts forecast that the firm will post earnings of $2.80 per share, with EPS estimates ranging from $2.69 to $2.95. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover American Railcar Industries.

American Railcar Industries (NASDAQ:ARII) last released its quarterly earnings results on Wednesday, August 1st. The transportation company reported $0.48 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.15). The firm had revenue of $146.50 million during the quarter, compared to analysts’ expectations of $129.41 million. American Railcar Industries had a return on equity of 5.95% and a net margin of 27.70%. The business’s quarterly revenue was up 34.4% on a year-over-year basis. During the same quarter last year, the business earned $0.57 earnings per share.

A number of research firms have recently issued reports on ARII. Zacks Investment Research upgraded American Railcar Industries from a “sell” rating to a “hold” rating in a research note on Monday, August 6th. BidaskClub downgraded American Railcar Industries from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 1st. ValuEngine upgraded American Railcar Industries from a “hold” rating to a “buy” rating in a research note on Tuesday, July 24th. TheStreet upgraded American Railcar Industries from a “c+” rating to a “b” rating in a research note on Wednesday, July 25th. Finally, Stifel Nicolaus set a $43.00 price target on American Railcar Industries and gave the stock a “hold” rating in a research note on Thursday, August 2nd. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. American Railcar Industries currently has an average rating of “Hold” and a consensus target price of $42.75.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ARII. Cornerstone Wealth Management LLC purchased a new position in American Railcar Industries in the 2nd quarter valued at approximately $509,000. Prudential Financial Inc. bought a new position in shares of American Railcar Industries in the 1st quarter worth about $449,000. D.A. Davidson & CO. lifted its position in shares of American Railcar Industries by 17.7% in the 2nd quarter. D.A. Davidson & CO. now owns 9,094 shares of the transportation company’s stock worth $359,000 after buying an additional 1,366 shares during the last quarter. Aperio Group LLC lifted its position in shares of American Railcar Industries by 25.8% in the 2nd quarter. Aperio Group LLC now owns 18,540 shares of the transportation company’s stock worth $732,000 after buying an additional 3,800 shares during the last quarter. Finally, MetLife Investment Advisors LLC acquired a new stake in shares of American Railcar Industries in the 4th quarter worth about $196,000. Institutional investors own 91.57% of the company’s stock.

Shares of ARII stock traded up $0.13 on Friday, reaching $46.27. The stock had a trading volume of 52,300 shares, compared to its average volume of 64,340. The company has a market cap of $885.11 million, a P/E ratio of 25.21 and a beta of 2.20. American Railcar Industries has a 1 year low of $34.62 and a 1 year high of $47.76. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.30 and a quick ratio of 2.31.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 21st. Stockholders of record on Friday, September 7th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, September 6th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.46%. American Railcar Industries’s dividend payout ratio (DPR) is currently 87.43%.

American Railcar Industries Company Profile

American Railcar Industries, Inc, together with its subsidiaries, designs and manufactures hopper and tank railcars in North America. It operates through three segments: Manufacturing, Railcar Leasing, and Railcar Services. The Manufacturing segment manufactures hopper railcars for shipping various dry bulk products, such as plastic pellets, as well as high-density products, including cement and sand; pressure tank railcars for transporting products comprising chlorine, anhydrous ammonia, liquid propane, and butane; and other types of railcars.

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

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