Noble Financial Has Pessimistic Outlook of RAIL Q2 Earnings

Freightcar America, Inc. (NASDAQ:RAIL) – Equities researchers at Noble Financial cut their Q2 2026 earnings per share estimates for shares of Freightcar America in a research note issued to investors on Wednesday, May 6th. Noble Financial analyst M. Reichman now expects that the transportation company will post earnings of $0.01 per share for the quarter, down from their previous estimate of $0.04. The consensus estimate for Freightcar America’s current full-year earnings is $0.44 per share. Noble Financial also issued estimates for Freightcar America’s Q3 2026 earnings at $0.20 EPS, Q4 2026 earnings at $0.21 EPS, FY2026 earnings at $0.36 EPS and FY2027 earnings at $0.77 EPS.

Several other equities research analysts have also recently commented on RAIL. Wall Street Zen cut Freightcar America from a “buy” rating to a “hold” rating in a research note 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 investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Freightcar America presently has an average rating of “Buy”.

Freightcar America Stock Performance

NASDAQ RAIL opened at $7.98 on Friday. The stock has a market capitalization of $152.71 million, a price-to-earnings ratio of 10.78 and a beta of 1.55. The stock’s 50 day moving average price is $9.42 and its two-hundred day moving average price is $10.03. Freightcar America has a 52 week low of $6.13 and a 52 week high of $14.90.

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

Institutional Investors Weigh In On Freightcar America

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its stake in shares of Freightcar America by 16.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 139,826 shares of the transportation company’s stock worth $1,114,000 after purchasing an additional 19,898 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Freightcar America by 14.0% during the 1st quarter. Bank of New York Mellon Corp now owns 82,402 shares of the transportation company’s stock worth $657,000 after acquiring an additional 10,132 shares during the last quarter. North Star Investment Management Corp. increased its holdings in shares of Freightcar America by 36.8% during the 1st quarter. North Star Investment Management Corp. now owns 237,800 shares of the transportation company’s stock worth $1,895,000 after acquiring an additional 64,000 shares during the last quarter. Ritholtz Wealth Management increased its holdings in shares of Freightcar America by 55.0% during the 1st quarter. Ritholtz Wealth Management now owns 37,707 shares of the transportation company’s stock worth $301,000 after acquiring an additional 13,373 shares during the last quarter. Finally, XTX Topco Ltd increased its holdings in shares of Freightcar America by 100.9% during the 4th quarter. XTX Topco Ltd now owns 45,470 shares of the transportation company’s stock worth $503,000 after acquiring an additional 22,839 shares during the last quarter. Institutional investors own 31.96% of the company’s stock.

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.