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Last $16.26 USD
Change Today -0.39 / -2.34%
Volume 280.1K
As of 8:04 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

textainer group holdings ltd (TGH) Snapshot

Open
$16.65
Previous Close
$16.65
Day High
$16.69
Day Low
$16.01
52 Week High
11/13/14 - $36.22
52 Week Low
08/21/15 - $15.50
Market Cap
926.5M
Average Volume 10 Days
502.4K
EPS TTM
$3.14
Shares Outstanding
57.0M
EX-Date
08/12/15
P/E TM
5.2x
Dividend
$1.88
Dividend Yield
11.56%
Current Stock Chart for TEXTAINER GROUP HOLDINGS LTD (TGH)

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textainer group holdings ltd (TGH) Details

Textainer Group Holdings Limited, together with its subsidiaries, engages in the purchase, ownership, management, leasing, and disposal of a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The Container Ownership segment primarily owns and leases dry freight and special-purpose containers. The Container Management segment manages containers on behalf of affiliated and unaffiliated container investors, as well as provides acquisition, management, and disposal services. The Container Resale segment sells containers from its fleet, as well as purchases, leases, or resells containers from shipping line customers, container traders, and other sellers of containers. The company serves shipping lines, freight forwarding companies, and the United States military. It operates a fleet of approximately 2.1 million containers, representing approximately 3.2 million twenty-foot equivalent units. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.

162 Employees
Last Reported Date: 03/13/15
Founded in 1979

textainer group holdings ltd (TGH) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

textainer group holdings ltd (TGH) Key Developments

Textainer Group Holdings Limited Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended 30 June 2015; Provides Capex Guidance for the Second Half and Full Year of 2015

Textainer Group Holdings Limited announced unaudited consolidated earnings results for the second quarter and six months ended 30 June 2015. For the period, the company reported net profit, adjusted to conform to International Financial Reporting Standards, was $76.1 million compared to $73.1 million in the same period in 2014. Total revenues were $277.3 million against $275 million a year ago. Income operations were $128.9 million against $129.8 million a year ago. Income before income tax and non-controlling interests was $81.6 million against $75.6 million a year ago. Net income was $78.9 million against $95.1 million a year ago. Net income attributable to Textainer Group Holdings Limited common shareholders was $75.6 million or $1.32 per diluted share against $92.7 million or $1.62 per diluted share a year ago. Net cash provided by operating activities was $177.2 million against $161.7 million a year ago. Purchase of containers and fixed assets was $370.5 million against $289.9 million a year ago. Adjusted net income was $78.3 million or $1.37 per diluted common share against $99.3 million or $1.74 per diluted common share a year ago. Adjusted EBITDA was $221.8 million against $209.1 million a year ago. For the quarter, the company's lease rental income increased 3.8% from the prior year quarter to $128 million. This increase was due to an 8.4% increase in the size of its own fleet and a 1.9% point increase in average utilization, but partially offset by a 4% decrease in average per diem rental rate. Adjusted net income was $37.7 million for the quarter or $0.66 per diluted common share against $40.2 million or $0.70 per diluted common share a year ago. The company's annualized adjusted return on equity was 12.6%. Adjusted EBITDA was $111 million in the quarter, up 5% from last year. Total revenues were $138.2 million against $139.5 million a year ago. Income operations were $62.8 million against $65.5 million a year ago. Income before income tax and non-controlling interests was $43.7 million against $34.9 million a year ago. Net income was $42.6 million against $34.1 million a year ago. Net income attributable to Textainer Group Holdings Limited common shareholders was $40.3 million or $0.70 per diluted share against $33.0 million or $0.58 per diluted share a year ago. The company continues to have strong pace of expansion with more than $570 million of capex for lease-out in 2015. During the second half of 2015, the company expects its capex to trend below the first half run rate.

Textainer Group Holdings Limited Declares Quarterly Cash Dividend Payable on August 25, 2015

Textainer Group Holdings Limited announced that on July 28, 2015, Textainer’s board of directors approved and declared a quarterly cash dividend of $0.47 per share on Textainer’s issued and outstanding common shares, payable on August 25, 2015 to shareholders of record as of August 14, 2015.

Textainer Group Holdings Limited to Report Q2, 2015 Results on Aug 04, 2015

Textainer Group Holdings Limited announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on Aug 04, 2015

 

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Industry Analysis

TGH

Industry Average

Valuation TGH Industry Range
Price/Earnings 5.7x
Price/Sales 1.7x
Price/Book 0.8x
Price/Cash Flow 2.8x
TEV/Sales NM Not Meaningful
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