Noble Financial Has Negative Forecast for RAIL Q1 Earnings

Freightcar America, Inc. (NASDAQ:RAIL) – Investment analysts at Noble Financial lowered their Q1 2026 earnings per share estimates for Freightcar America in a note issued to investors on Monday, March 30th. Noble Financial analyst M. Reichman now anticipates that the transportation company will post earnings per share of $0.01 for the quarter, down from their prior forecast of $0.05. The consensus estimate for Freightcar America’s current full-year earnings is $0.09 per share. Noble Financial also issued estimates for Freightcar America’s Q2 2026 earnings at $0.04 EPS.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings upgraded shares of Freightcar America from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, February 23rd. Wall Street Zen cut Freightcar America from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Freightcar America has a consensus rating of “Buy” and an average target price of $9.00.

Freightcar America Trading Down 2.2%

NASDAQ:RAIL opened at $7.86 on Tuesday. The firm has a fifty day simple moving average of $11.47 and a 200 day simple moving average of $10.19. The stock has a market capitalization of $149.89 million, a PE ratio of 7.08 and a beta of 1.75. Freightcar America has a 1-year low of $4.31 and a 1-year high of $14.90.

Freightcar America (NASDAQ:RAIL) last released its quarterly earnings results on Monday, March 9th. The transportation company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). Freightcar America had a negative return on equity of 15.54% and a net margin of 7.61%.The firm had revenue of $125.57 million for the quarter, compared to analyst estimates of $144.95 million.

Hedge Funds Weigh In On Freightcar America

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in Freightcar America by 2.2% in the third quarter. Vanguard Group Inc. now owns 631,029 shares of the transportation company’s stock valued at $6,171,000 after buying an additional 13,301 shares during the period. Marshall Wace LLP raised its holdings in shares of Freightcar America by 92.4% in the 4th quarter. Marshall Wace LLP now owns 446,420 shares of the transportation company’s stock worth $4,942,000 after acquiring an additional 214,397 shares during the last quarter. Essex Investment Management Co. LLC boosted its position in shares of Freightcar America by 68.7% during the fourth quarter. Essex Investment Management Co. LLC now owns 346,144 shares of the transportation company’s stock valued at $3,832,000 after buying an additional 140,946 shares during the last quarter. Ancora Advisors LLC raised its holdings in shares of Freightcar America by 12.9% in the third quarter. Ancora Advisors LLC now owns 328,921 shares of the transportation company’s stock valued at $3,217,000 after purchasing an additional 37,530 shares during the last quarter. Finally, Hillsdale Investment Management Inc. grew its position in Freightcar America by 708.2% in the 4th quarter. Hillsdale Investment Management Inc. now owns 290,954 shares of the transportation company’s stock worth $3,221,000 after purchasing an additional 254,954 shares in the last quarter. 31.96% of the stock is currently owned by institutional investors.

About Freightcar America

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.