Textainer traded at $49.99 this Wednesday March 13th, increasing $0.02 or 0.04 percent since the previous trading session. Looking back, over the last four weeks, Textainer gained 0.50 percent. Over the last 12 months, its price rose by 55.93 percent. Looking ahead, we forecast Textainer to be priced at 47.73 by the end of this quarter and at 41.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Textainer Group Holdings Limited is a holding company. The Company is involved in the purchase, ownership, management, leasing and disposal of a fleet of intermodal containers. The Company operates in three segments: Container Ownership, which owns containers; Container Management, which manages containers on behalf of affiliated and unaffiliated container investors, and provides acquisition, management and disposal services, and total managed containers, and Container Resale, which sells containers from its fleet when they reach the end of their useful lives in marine service, and also purchases and leases or resells containers from shipping line customers, container traders and other sellers of containers. The Company is a lessor of intermodal containers based on fleet size. The Company is also a seller of used containers. The Company's subsidiaries include Textainer Equipment Management Limited (TEML) and Textainer Limited (TL).