Greenbrier Companies, Inc. (The) (NYSE:GBX) Shareholders to Get $0.34 Quarterly Dividend

Greenbrier Companies, Inc. (The) (NYSE:GBX) declared a quarterly dividend on Wednesday, October 21st. Investors of record on Wednesday, November 11th will be given a dividend of $0.34 per share by the transportation company on Wednesday, December 2nd. This represents a $1.36 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Tuesday, November 10th.

Greenbrier Companies has a dividend payout ratio of 28.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Greenbrier Companies to earn $4.55 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 29.9%.

Greenbrier Companies Stock Performance

Shares of GBX opened at $41.52 on Friday. The company has a current ratio of 2.43, a quick ratio of 1.24 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $1.29 billion, a P/E ratio of 16.74, a price-to-earnings-growth ratio of 0.44 and a beta of 1.53. The firm’s fifty day simple moving average is $40.99 and its two-hundred day simple moving average is $48.00. Greenbrier Companies has a 12 month low of $36.35 and a 12 month high of $59.19.

Greenbrier Companies (NYSE:GBX) last posted its quarterly earnings data on Monday, October 26th. The transportation company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.41). Greenbrier Companies had a return on equity of 4.85% and a net margin of 3.21%. The business had revenue of $591.00 million during the quarter, compared to the consensus estimate of $605.10 million. During the same period last year, the business posted $1.26 earnings per share. The business’s revenue was down 22.2% on a year-over-year basis. As a group, analysts predict that Greenbrier Companies will post 3.30 EPS for the current year.

Greenbrier Companies Company Profile

Greenbrier Companies, Inc is a transportation equipment company that designs, manufactures and supplies freight railcars and related services. Its products include covered hopper cars, tank cars, gondolas, boxcars, intermodal equipment and railcars used to transport automobiles and other specialized cargo.

The company also provides railcar leasing and management services, maintenance, refurbishment, wheel services and parts. Through its manufacturing and service operations, Greenbrier supports railroads, leasing companies, shippers and other participants in the North American freight transportation industry.

Founded in 1974 and headquartered in Lake Oswego, Oregon, Greenbrier has expanded its operations beyond the United States, with manufacturing and service activities serving customers in North America and international markets.