Noble Financial Issues Positive Forecast for RAIL Earnings

Freightcar America, Inc. (NASDAQ:RAIL) – Investment analysts at Noble Financial raised their Q3 2026 earnings per share estimates for shares of Freightcar America in a research note issued to investors on Monday, March 30th. Noble Financial analyst M. Reichman now forecasts that the transportation company will post earnings of $0.18 per share for the quarter, up from their previous 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.

RAIL has been the subject of a number of other research reports. Wall Street Zen downgraded 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 report on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Freightcar America currently has a consensus rating of “Buy” and a consensus target price of $9.00.

Freightcar America Stock Up 1.4%

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

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

Hedge Funds Weigh In On Freightcar America

A number of hedge funds have recently made changes to their positions in RAIL. BNP Paribas Financial Markets increased its holdings in shares of Freightcar America by 208.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,935 shares of the transportation company’s stock worth $29,000 after buying an additional 1,984 shares during the last quarter. Royal Bank of Canada boosted 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 acquiring an additional 3,924 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Freightcar America by 24.7% in the second quarter. Raymond James Financial Inc. now owns 20,545 shares of the transportation company’s stock valued at $177,000 after acquiring an additional 4,067 shares during the last quarter. Man Group plc grew its position in Freightcar America by 15.8% during the fourth quarter. Man Group plc now owns 30,743 shares of the transportation company’s stock valued at $340,000 after acquiring an additional 4,191 shares during the period. Finally, Quarry LP purchased a new stake in Freightcar America during the third quarter valued at about $53,000. Institutional investors and hedge funds 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.