|Bid||0.00 x 1000|
|Ask||0.00 x 1800|
|Day's Range||111.88 - 111.97|
|52 Week Range||94.60 - 111.97|
|Beta (5Y Monthly)||1.31|
|PE Ratio (TTM)||30.34|
|Earnings Date||Aug 07, 2020 - Aug 11, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||112.00|
Genesee & Wyoming, Inc. (NYSE: GWR) announced that the sale of the company to affiliates of infrastructure asset management firms Brookfield Infrastructure (NYSE: BIP) and GIC has been completed. The stock ceased trading on the NYSE prior to today's session with a final closing price of $111.88. For our customers, employees and Class I partners, the long-term investment horizon of Brookfield and GIC is perfectly aligned with the long lives of G&W railroad assets.
S&P; SmallCap 600 constituent RH (NYSE: RH) will replace Genesee & Wyoming Inc. (NYSE: GWR) in the S&P; MidCap 400, and Foundation Building Materials Inc. (NYSE: FBM) will replace RH in the S&P; SmallCap 600 prior to the open of trading on Thursday, January 2. Brookfield Infrastructure Partners L.P. (NYSE: BIP) is acquiring Genesee & Wyoming in a deal expected to be completed prior to the open of trading on Monday, December 30.
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […]
Genesee & Wyoming (GWR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved dearly, lost nearly 40% of its value at one point in 2018. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 20 S&P 500 […]
Net profit for shortline operator Genesee & Wyoming (G&W) slipped in the third quarter amid lower revenues and rail volumes. Third-quarter net income attributable to G&W totaled $66.8 million, or $1.16/diluted ...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Genesee & Wyoming Inc. New York, October 30, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Genesee & Wyoming Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee.
Moody's Investors Service ("Moody's") assigned a Ba2 corporate family rating, a Ba2-PD probability of default rating and a Ba2 senior secured rating to short line rail operator Genesee & Wyoming Inc. (NEW). Genesee & Wyoming plans to arrange a $600 million revolving credit facility and a $2,550 million first lien term loan in connection with the acquisition of the company by Brookfield Infrastructure and GIC.
Railroad business news seems to be all about the benefits of Precision Scheduled Railroading (PSR). Known as Class 1 railroads, these largest railways annually earn more than a regulatory agency set threshold of $500 million in revenues. This rail freight market view column is about the service performance of the rest of the railroad companies – mostly freight carriers – that are much smaller organizations.
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
NEW YORK, NY / ACCESSWIRE / October 10, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Genesee & Wyoming Inc. (NYSE:GWR) ("G&W" ...
NEW YORK, NY / ACCESSWIRE / October 8, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against the Board of Directors of Genesee & Wyoming Inc. (NYSE:GWR) ("G&W" or ...
A Genesee & Wyoming (G&W) subsidiary in Georgia has completed track upgrades that match the capacity of the connecting Class I rail network. The upgrades come as the company and local and state officials are eyeing the anticipated volume growth that could come out of the Port of Savannah.
NEW YORK, NY / ACCESSWIRE / September 19, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in ...
A class action lawsuit has been filed on behalf of shareholders of Genesee & Wyoming Inc. in connection with the proposed sale of Genesee & Wyoming to affiliates of Brookfield Infrastructure and GIC (collectively, the “Consortium”). The lawsuit seeks damages and/or equitable relief on behalf of Genesee & Wyoming shareholders under the federal securities laws. The lawsuit alleges that Defendants issued a materially misleading proxy statement recommending that Genesee & Wyoming shareholders vote in favor of the proposed sale of Genesee & Wyoming to the Consortium.
NEW YORK, Sept. 17, 2019 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice.
NEW YORK, NY / ACCESSWIRE / September 13, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in ...
WILMINGTON, DE / ACCESSWIRE / September 12, 2019 / Rigrodsky & Long, P.A.: Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District ...
Halper Sadeh LLP, a global investor rights law firm, announces the filing of shareholder class action lawsuit against Genesee & Wyoming Inc. (GWR) in connection with the proposed sale of Genesee & Wyoming to affiliates of Brookfield Infrastructure and GIC (collectively, the “Consortium”). The lawsuit seeks damages and/or equitable relief on behalf of Genesee & Wyoming shareholders under the federal securities laws. If you are a Genesee & Wyoming shareholder and would like to join the action or discuss your legal rights and options, please visit Genesee & Wyoming Merger or contact Daniel Sadeh or Zachary Halper, free of charge, at (212) 763-0060 or firstname.lastname@example.org or email@example.com.
NEW YORK, Sept. 10, 2019 /PRNewswire/ -- Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the District of Delaware, Case No. 1:19-cv-01558-MN, on behalf of shareholders of Genesee & Wyoming Inc. ("G&W" or the "Company") (GWR) who have been harmed by G&W's and its board of directors' (the "Board") alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the proposed merger of the Company with Brookfield Infrastructure, GIC, and Brookfield Infrastructure's institutional partners (the "Proposed Transaction").
NEW YORK, NY / ACCESSWIRE / September 10, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in ...