Noble Financial Issues Optimistic Estimate for RAIL Earnings

Freightcar America, Inc. (NASDAQ:RAIL) – Equities researchers at Noble Financial increased their Q3 2026 EPS estimates for Freightcar America in a note issued to investors on Monday, March 30th. Noble Financial analyst M. Reichman now expects that the transportation company will post earnings of $0.18 per share for the quarter, up from their prior forecast of $0.16. The consensus estimate for Freightcar America’s current full-year earnings is $0.09 per share. Noble Financial also issued estimates for Freightcar America’s Q4 2026 earnings at $0.19 EPS.

Freightcar America (NASDAQ:RAIL) last released its quarterly earnings data on Monday, March 9th. The transportation company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.02). Freightcar America had a negative return on equity of 15.54% and a net margin of 7.61%.The business had revenue of $125.57 million for the quarter, compared to analysts’ expectations of $144.95 million.

A number of other brokerages have also recently weighed in on RAIL. Wall Street Zen cut shares of Freightcar America from a “buy” rating to a “hold” rating in a research report on Saturday, March 14th. Weiss Ratings upgraded Freightcar America from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $9.00.

Freightcar America Trading Up 1.4%

Shares of RAIL stock opened at $7.97 on Wednesday. The company has a market cap of $151.99 million, a PE ratio of 7.18 and a beta of 1.75. The company’s fifty day simple moving average is $11.41 and its 200-day simple moving average is $10.18. Freightcar America has a 52 week low of $4.31 and a 52 week high of $14.90.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets boosted its stake in shares of 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 purchasing an additional 1,984 shares during the period. Royal Bank of Canada increased its stake in Freightcar America by 2,843.5% during the 4th quarter. Royal Bank of Canada now owns 4,062 shares of the transportation company’s stock worth $45,000 after buying an additional 3,924 shares during the period. Quarry LP purchased a new stake in Freightcar America during the 3rd quarter worth $53,000. State of Wyoming acquired a new position in Freightcar America in the 2nd quarter worth $63,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Freightcar America in the 1st quarter worth $61,000. 31.96% of the stock is owned by institutional investors and hedge funds.

Freightcar America Company Profile

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.