STOCK TITAN
  1. Home
  2. News
  3. GATX

GATX Corporation - GATX STOCK NEWS

Welcome to our dedicated page for GATX Corporation news (Ticker: GATX), a resource for investors and traders seeking the latest updates and insights on GATX Corporation stock.

GATX Corporation (NYSE: GATX) is a leading provider of railcar leasing and maintenance services, aspiring to be the finest railcar leasing company globally. Founded in 1898 and headquartered in Chicago, Illinois, GATX has been delivering high-quality railcars and services for over 118 years. The company operates through four primary business segments: Rail North America, Rail International, and Portfolio Management.

GATX controls one of the largest railcar lease fleets in the world, serving a variety of industries including refining and petroleum, chemicals and plastics, transportation, mining, and food and agriculture. The company's fleet comprises tank and freight railcars, which are leased across North America, Europe, and Asia.

GATX is committed to relentless execution and seamless service, powered by a diverse team of passionate professionals from finance, operations, engineering, manufacturing, sales, research, and technology. The company continually strives to meet the highest standards of service excellence for its customers, shareholders, employees, and the communities where it operates.

Recent achievements and ongoing projects underscore GATX's dedication to innovation and operational efficiency. The company remains focused on growing its leasing portfolio while maintaining financial stability and forging strategic partnerships to enhance service offerings. For more details, visit the company's website at www.gatx.com.

News

GATX Corporation Announces Quarterly Dividend

Rhea-AI Summary

GATX Announces Quarterly Dividend
The board of directors of GATX (NYSE: GATX) declared a quarterly dividend of $0.58 per common share, payable on June 30, 2024, to shareholders of record on June 14, 2024. This dividend is unchanged from the prior quarter. GATX leases transportation assets globally, emphasizing safety and sustainability. Headquartered in Chicago, GATX has paid dividends since 1919.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
dividends
-
News

GATX Corporation Reports 2024 First-Quarter Results

Rhea-AI Summary
GATX reported a net income of $74.3 million in the first quarter of 2024, with a positive impact of $0.6 million from Tax Adjustments and Other Items. Rail North America's fleet utilization remained high at 99.4%, Lease Price Index saw a positive growth of 33%, and the company's investment volume reached $378.6 million. The company reiterates its 2024 full-year earnings guidance of $7.30-$7.70 per diluted share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.95%
Tags
earnings
-
News

GATX Corporation Sets Date for 2024 First-Quarter Earnings Release and Conference Call

Rhea-AI Summary
GATX (NYSE: GATX) will report its 2024 first-quarter results on April 23, 2024. The company leases transportation assets globally and has been headquartered in Chicago since 1898. Investors can access the conference call via phone or webcast. GATX emphasizes sustainability and employee well-being, maintaining a long history of quarterly dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.55%
Tags
earnings
News

Trifleet Leasing Appoints Robin Pol as Managing Director

Rhea-AI Summary
Trifleet Leasing Holding B.V., a subsidiary of GATX , appoints Robin Pol as managing director. Pol, with extensive industry experience, aims to enhance Trifleet's reputation for quality tank containers and customer service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
management
-
News

GATX Corporation to Present at the Stifel 2024 Transportation & Logistics Conference

Rhea-AI Summary
GATX Corporation (NYSE: GATX) executive to present at Stifel 2024 Transportation & Logistics Conference on Feb. 13, 2024. GATX leases transportation assets including railcars, aircraft spare engines, and tank containers worldwide. The company has paid a quarterly dividend since 1919 and provides information on its website for investors and the marketplace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
conferences
-
News

GATX Corporation Announces Quarterly Dividend Increase

Rhea-AI Summary
GATX Corporation (NYSE: GATX) has declared a quarterly dividend of $0.58 per common share, payable Mar. 31, 2024, to shareholders of record on Mar. 3, 2024. This represents a 5.5% increase from the prior year’s dividend. GATX has paid quarterly dividends without interruption since 1919. The company has invested $9.7 billion in its business in the past decade while also returning over $1.5 billion to shareholders through dividends and share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
dividends
News

DELETED: GATX Corporation Announces Quarterly Dividend Increase

Rhea-AI Summary
Unfortunately, the provided press release has been deleted by the news provider, and we are unable to provide a summary at this time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
dividends
-
News

GATX Corporation Adds John Holmes to Board of Directors

Rhea-AI Summary
GATX Corporation (NYSE: GATX) has elected John M. Holmes to its board of directors, expanding the board to 10 members, including nine independent directors. Holmes, chairman, president, and CEO of AAR CORP. (NYSE: AIR), brings extensive international experience and financial expertise to the board. The appointment is expected to enhance GATX's global growth strategy and provide valuable perspectives to the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
management
-
News

GATX Corporation Reports 2023 Fourth-Quarter and Full-Year Results

Rhea-AI Summary
GATX Corporation reported a net income of $259.2 million or $7.12 per diluted share for the full year 2023, with a net positive impact from Tax Adjustments and Other Items of $0.05 per diluted share. The company initiated 2024 earnings guidance of $7.30–$7.70 per diluted share. Rail North America's segment profit decreased in the fourth quarter of 2023, while Rail International and Portfolio Management reported increased segment profits. GATX Corporation will host a teleconference to discuss 2023 fourth-quarter and full-year results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.9%
Tags
none
News

GATX Corporation Sets Date for 2023 Fourth-Quarter Earnings Release and Conference Call

Rhea-AI Summary
GATX Corporation (NYSE: GATX) will report its 2023 fourth-quarter results on Jan. 23, 2024, followed by a conference call. GATX leases transportation assets globally, including railcars, aircraft spare engines, and tank containers. The company has been headquartered in Chicago since 1898 and has paid uninterrupted quarterly dividends since 1919.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
earnings

FAQ

What is the current stock price of GATX Corporation (GATX)?

The current stock price of GATX Corporation (GATX) is $154.52 as of December 20, 2024.

What is the market cap of GATX Corporation (GATX)?

The market cap of GATX Corporation (GATX) is approximately 5.5B.

What services does GATX Corporation provide?

GATX offers railcar leasing and maintenance services, as well as asset-related, financial, and management services.

In which regions does GATX operate?

GATX operates in North America, Europe, and Asia.

Which industries does GATX serve?

GATX serves industries including refining and petroleum, chemicals and plastics, transportation, mining, and food and agriculture.

How long has GATX been in business?

GATX has been operating for over 118 years since its founding in 1898.

Where is GATX headquartered?

GATX is headquartered in Chicago, Illinois.

What types of railcars does GATX lease?

GATX leases both tank and freight railcars.

What is GATX's mission?

GATX strives to be the finest railcar leasing company in the world, recognized by its customers, shareholders, employees, and communities.

How can I get more information about GATX?

For more information, visit GATX's official website at www.gatx.com.

Does GATX have any recent achievements?

GATX is focused on growing its leasing portfolio and maintaining financial stability while pursuing strategic partnerships.

What is GATX's approach to service?

GATX is committed to relentless execution and seamless service, facilitated by a diverse team of experienced professionals.

Stock GATX logo
GATX Corporation

NYSE:GATX

GATX Rankings

#1208 Ranked by Market Cap
#1585 Ranked by Dividends

GATX Stock Data

5.54B
35.13M
1.12%
101.59%
3.99%
Rental & Leasing Services
Transportation Services
Link
United States of America
CHICAGO