On 2016-08-09, Textainer Group Holdings Limited (NYSE:TGH) confirmed the dividend disbursement of $0.03 a share to shareholders as on record 2016-08-19. The firm will release dividend on 2016-08-30 while ex-dividend date is reported to be 2016-08-17.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Textainer Group Holdings Limited (NYSE:TGH) paid a total of $0.03 per share in dividends. This figure stood at $0.03 a share in the same period a year ago indicating a deviation of -12.234%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $11.75 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $15 and $7, respectively.
Taking the mathematical rating formula, the price for Textainer Group Holdings Limited (NYSE:TGH) stands at 2.5. Earnings Review Textainer Group Holdings Limited (NYSE:TGH) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.1.
Coming to the quarter ending on 2015-12-31, Textainer Group Holdings Limited (NYSE:TGH) recorded EPS of $0.05. The reported numbers came lower than the analysts’ estimates of $0.14, demonstrating a miss of $-0.09 as against reported figures.
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