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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.

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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.
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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.
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GATX Corporation (NYSE: GATX) executive VP & CFO to present at Stephens Annual Investment Conference. GATX leases transportation assets globally, with a focus on railcars, aircraft spare engines, and tank containers. Headquartered in Chicago, GATX has paid a quarterly dividend since 1919. Webcast available at www.gatx.com under the 'Investors' tab.
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GATX Corporation declares unchanged quarterly dividend of $0.55 per share
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GATX Corporation expects to exceed its 2023 full-year earnings guidance range. Rail North America's fleet utilization remains high at 99.3%. Investment volume over $1.2 billion for the first nine months of 2023.
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GATX Corporation will report Q3 2023 results on Oct. 24, 2023. Investors can listen to the conference call via telephone or webcast. GATX has paid a quarterly dividend since 1919.
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Thomas A. Ellman, EVP and CFO of GATX Corporation, will present at The TD Cowen Annual Global Transportation Conference on Sept. 6, 2023. GATX leases transportation assets worldwide.
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GATX Corporation (NYSE: GATX) has declared a quarterly dividend of $0.55 per common share, payable on Sep. 30, 2023, to shareholders of record on Sep. 15, 2023. The dividend remains unchanged from the previous quarter.
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GATX Corporation reported a net income of $63.3 million in Q2 2023, compared to $2.6 million in Q2 2022. The company expects to exceed its previously announced 2023 full-year earnings guidance range. Rail North America's fleet utilization remained high at 99.3%. Investment volume in Q2 was $486.6 million, totaling $873.6 million year-to-date.
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FAQ

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

The current stock price of GATX Corporation (GATX) is $164.26 as of January 29, 2025.

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

The market cap of GATX Corporation (GATX) is approximately 5.9B.

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.
GATX Corporation

NYSE:GATX

GATX Rankings

GATX Stock Data

5.92B
35.13M
1.12%
101.34%
3.54%
Rental & Leasing Services
Transportation Services
Link
United States of America
CHICAGO