Noble Financial Issues Pessimistic Outlook for RAIL Earnings

Freightcar America, Inc. (NASDAQ:RAIL) – Equities research analysts at Noble Financial dropped their FY2026 earnings per share estimates for Freightcar America in a research note issued on Thursday, June 11th. Noble Financial analyst M. Reichman now forecasts that the transportation company will post earnings of $0.34 per share for the year, down from their prior forecast of $0.36. The consensus estimate for Freightcar America’s current full-year earnings is $0.41 per share. Noble Financial also issued estimates for Freightcar America’s Q4 2026 earnings at $0.24 EPS.

Freightcar America (NASDAQ:RAIL) last announced its earnings results on Monday, May 4th. The transportation company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.06). Freightcar America had a negative return on equity of 15.56% and a net margin of 6.25%.The business had revenue of $64.31 million for the quarter, compared to analysts’ expectations of $74.60 million.

A number of other analysts have also issued reports on RAIL. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Freightcar America in a research report on Friday, June 5th. Wall Street Zen lowered Freightcar America from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Freightcar America Stock Performance

Shares of NASDAQ RAIL opened at $8.23 on Friday. Freightcar America has a 1 year low of $7.27 and a 1 year high of $14.90. The firm has a market cap of $157.52 million, a price-to-earnings ratio of 11.12 and a beta of 1.48. The stock’s 50-day simple moving average is $8.23 and its 200-day simple moving average is $9.88.

Institutional Trading of Freightcar America

Hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets increased its holdings in Freightcar America by 208.6% in the third quarter. BNP Paribas Financial Markets now owns 2,935 shares of the transportation company’s stock valued at $29,000 after buying an additional 1,984 shares during the last quarter. Royal Bank of Canada increased its holdings in Freightcar America by 2,843.5% in the fourth quarter. Royal Bank of Canada now owns 4,062 shares of the transportation company’s stock valued at $45,000 after buying an additional 3,924 shares during the last quarter. Quarry LP bought a new stake in Freightcar America in the third quarter valued at about $53,000. State of Wyoming bought a new stake in Freightcar America in the second quarter valued at about $63,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Freightcar America in the first quarter valued at about $61,000. 31.96% of the stock is 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.