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Earnings
CAI International reports Q2 EPS 78c, consensus 45c » 16:07
08/06/20
08/06
16:07
08/06/20
16:07
CAI

CAI International

$18.61 /

+0.63 (+3.50%)

Reports Q2 revenue…

Reports Q2 revenue $75.7M, consensus $103.05M. Timothy Page, Interim President and Chief Executive Officer of CAI, commented, "We are very pleased with our results during the second quarter. The quarter began with a great deal of uncertainty as we were in the depths of the COVID-19 global pandemic. As the quarter progressed, markets began to stabilize, liquidity returned and expectations for recovery improved. The global container shipping industry right sized fleets, rationalized pricing and moved to profitability. Consequently, the Company did not experience any meaningful payment delays or credit issues and we have been generating strong free cash flow. As we have entered the third quarter, utilization is increasing, and we are experiencing strong demand from our customers for both depot and new equipment. "

ShowHide Related Items >><<
CAI CAI International
$18.61 /

+0.63 (+3.50%)

CAI CAI International
$18.61 /

+0.63 (+3.50%)

06/15/20
Fly Intel: Top five analyst downgrades
06/15/20 Keefe Bruyette
Keefe Bruyette downgrades CAI after review ends with no sale
06/15/20 Keefe Bruyette
CAI downgraded to Market Perform from Outperform at Keefe Bruyette
05/07/20
Fly Intel: Top five analyst upgrades
CAI CAI International
$18.61 /

+0.63 (+3.50%)

Over a week ago
Conference/Events
Jefferies alt energy/industrials analysts hold analyst/industry conference call » 08:25
07/28/20
07/28
08:25
07/28/20
08:25
NRDXF

Nordex

$0.00 /

+ (+0.00%)

, CAI

CAI International

$17.88 /

+0.29 (+1.65%)

, VWS

Vestas Wind Systems

$0.00 /

+ (+0.00%)

Analysts, along with…

Analysts, along with Andrew Hall, former CFO at Siemens Gamesa, discusses the current state of the global On/Offshore Wind industries and what to expect over the next four to five years and what will be topical for investors in NRDXF, VWS, CAI, on an Analyst/Industry conference call to be held on July 28 at 9 am.

ShowHide Related Items >><<
CAI CAI International
$17.88 /

+0.29 (+1.65%)

NRDXF Nordex
$0.00 /

+ (+0.00%)

05/27/20 Jefferies
Nordex initiated with a Buy at Jefferies
CAI CAI International
$17.88 /

+0.29 (+1.65%)

06/15/20
Fly Intel: Top five analyst downgrades
06/15/20 Keefe Bruyette
Keefe Bruyette downgrades CAI after review ends with no sale
06/15/20 Keefe Bruyette
CAI downgraded to Market Perform from Outperform at Keefe Bruyette
05/07/20
Fly Intel: Top five analyst upgrades
VWS Vestas Wind Systems
$0.00 /

+ (+0.00%)

CAI CAI International
$17.88 /

+0.29 (+1.65%)

Conference/Events
Jefferies alt energy/industrials analysts hold analyst/industry conference call » 04:55
07/28/20
07/28
04:55
07/28/20
04:55
NRDXF

Nordex

$0.00 /

+ (+0.00%)

, CAI

CAI International

$17.88 /

+0.29 (+1.65%)

, VWS

Vestas Wind Systems

$0.00 /

+ (+0.00%)

Analysts, along with…

Analysts, along with Andrew Hall, former CFO at Siemens Gamesa, discusses the current state of the global On/Offshore Wind industries and what to expect over the next four to five years and what will be topical for investors in NRDXF, VWS, CAI, on an Analyst/Industry conference call to be held on July 28 at 9 am.

ShowHide Related Items >><<
CAI CAI International
$17.88 /

+0.29 (+1.65%)

NRDXF Nordex
$0.00 /

+ (+0.00%)

05/27/20 Jefferies
Nordex initiated with a Buy at Jefferies
CAI CAI International
$17.88 /

+0.29 (+1.65%)

06/15/20
Fly Intel: Top five analyst downgrades
06/15/20 Keefe Bruyette
Keefe Bruyette downgrades CAI after review ends with no sale
06/15/20 Keefe Bruyette
CAI downgraded to Market Perform from Outperform at Keefe Bruyette
05/07/20
Fly Intel: Top five analyst upgrades
VWS Vestas Wind Systems
$0.00 /

+ (+0.00%)

CAI CAI International
$17.88 /

+0.29 (+1.65%)

Conference/Events
Jefferies alt energy/industrials analysts hold analyst/industry conference call » 09:05
07/24/20
07/24
09:05
07/24/20
09:05
NRDXF

Nordex

$0.00 /

+ (+0.00%)

, CAI

CAI International

$17.34 /

+0.46 (+2.73%)

, VWS

Vestas Wind Systems

$0.00 /

+ (+0.00%)

Analysts, along with…

Analysts, along with Andrew Hall, former CFO at Siemens Gamesa, discusses the current state of the global On/Offshore Wind industries and what to expect over the next four to five years and what will be topical for investors in NRDXF, VWS, CAI, on an Analyst/Industry conference call to be held on July 28 at 9 am.

ShowHide Related Items >><<
CAI CAI International
$17.34 /

+0.46 (+2.73%)

NRDXF Nordex
$0.00 /

+ (+0.00%)

05/27/20 Jefferies
Nordex initiated with a Buy at Jefferies
CAI CAI International
$17.34 /

+0.46 (+2.73%)

06/15/20
Fly Intel: Top five analyst downgrades
06/15/20 Keefe Bruyette
Keefe Bruyette downgrades CAI after review ends with no sale
06/15/20 Keefe Bruyette
CAI downgraded to Market Perform from Outperform at Keefe Bruyette
05/07/20
Fly Intel: Top five analyst upgrades
VWS Vestas Wind Systems
$0.00 /

+ (+0.00%)

CAI CAI International
$17.34 /

+0.46 (+2.73%)

Over a month ago
Downgrade
Fly Intel: Top five analyst downgrades » 10:06
06/15/20
06/15
10:06
06/15/20
10:06
AAP

Advance Auto Parts

$133.70 /

-2.11 (-1.55%)

, RIG

Transocean

$2.12 /

-0.085 (-3.86%)

, KIM

Kimco Realty

$13.24 /

-0.51 (-3.71%)

, FCEL

FuelCell

$2.61 /

-0.115 (-4.23%)

, CAI

CAI International

$16.10 /

-3.32 (-17.10%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Advance Auto Parts (AAP) downgraded to Underweight from Neutral at Atlantic Equities. 2. Transocean (RIG) downgraded to Neutral from Buy at Clarksons Platou. 3. Kimco Realty (KIM) downgraded to Underperform from In Line at Evercore ISI. 4. FuelCell (FCEL) downgraded to Sell from Hold at Craig-Hallum with analyst Eric Stine saying FuelCell remains a business in transition as it builds out its Generation portfolio to reach a level where it is a sustainable business while also seeking to get its Product revenue back on-track as this has been nonexistent over the last 6 quarters. 5. CAI (CAI) downgraded to Market Perform from Outperform at Keefe Bruyette with analyst Michael Brown citing CAI's announcement of the termination of its formal strategic alternatives review process, the resignation of the current CEO, and the initiation of a dividend. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
RIG Transocean
$2.12 /

-0.085 (-3.86%)

KIM Kimco Realty
$13.24 /

-0.51 (-3.71%)

FCEL FuelCell
$2.61 /

-0.115 (-4.23%)

CAI CAI International
$16.10 /

-3.32 (-17.10%)

AAP Advance Auto Parts
$133.70 /

-2.11 (-1.55%)

AAP Advance Auto Parts
$133.70 /

-2.11 (-1.55%)

06/15/20 Atlantic Equities
Advance Auto Parts downgraded to Underweight from Neutral at Atlantic Equities
05/20/20 RBC Capital
Advance Auto Parts price target raised to $155 from $136 at RBC Capital
05/20/20 Jefferies
Advance Auto Parts price target raised to $157 from $151 at Jefferies
05/20/20 Wedbush
Advance Auto Parts price target raised to $150 from $120 at Wedbush
RIG Transocean
$2.12 /

-0.085 (-3.86%)

06/15/20 Clarksons Platou
Transocean downgraded to Neutral from Buy at Clarksons Platou
05/21/20 Tudor Pickering
Transocean downgraded to Hold from Buy at Tudor Pickering
04/29/20 DNB Markets
Transocean downgraded to Sell from Hold at DNB Markets
04/21/20 RBC Capital
Transocean downgraded to Underperform from Sector Perform at RBC Capital
KIM Kimco Realty
$13.24 /

-0.51 (-3.71%)

06/15/20 Evercore ISI
Kimco Realty downgraded to Underperform from In Line at Evercore ISI
04/27/20 Morgan Stanley
Morgan Stanley downgrades Site Centers, cuts targets across strip center REITs
04/22/20
Fly Intel: Top five analyst upgrades
04/22/20 JPMorgan
JPMorgan downgrades seven, upgrades one strip center REIT
FCEL FuelCell
$2.61 /

-0.115 (-4.23%)

06/15/20 Craig-Hallum
FuelCell downgraded to Sell at Craig-Hallum
06/12/20 Craig-Hallum
FuelCell downgraded to Sell from Hold at Craig-Hallum
03/16/20 Craig-Hallum
FuelCell upgraded to Hold at Craig-Hallum
03/16/20 Craig-Hallum
FuelCell upgraded to Hold from Sell at Craig-Hallum
CAI CAI International
$16.10 /

-3.32 (-17.10%)

06/15/20 Keefe Bruyette
Keefe Bruyette downgrades CAI after review ends with no sale
06/15/20 Keefe Bruyette
CAI downgraded to Market Perform from Outperform at Keefe Bruyette
05/07/20
Fly Intel: Top five analyst upgrades
05/06/20 Keefe Bruyette
CAI International upgraded to Outperform from Market Perform at Keefe Bruyette
RIG Transocean
$2.12 /

-0.085 (-3.86%)

KIM Kimco Realty
$13.24 /

-0.51 (-3.71%)

FCEL FuelCell
$2.61 /

-0.115 (-4.23%)

CAI CAI International
$16.10 /

-3.32 (-17.10%)

AAP Advance Auto Parts
$133.70 /

-2.11 (-1.55%)

RIG Transocean
$2.12 /

-0.085 (-3.86%)

AAP Advance Auto Parts
$133.70 /

-2.11 (-1.55%)

RIG Transocean
$2.12 /

-0.085 (-3.86%)

FCEL FuelCell
$2.61 /

-0.115 (-4.23%)

AAP Advance Auto Parts
$133.70 /

-2.11 (-1.55%)

RIG Transocean
$2.12 /

-0.085 (-3.86%)

KIM Kimco Realty
$13.24 /

-0.51 (-3.71%)

FCEL FuelCell
$2.61 /

-0.115 (-4.23%)

AAP Advance Auto Parts
$133.70 /

-2.11 (-1.55%)

Hot Stocks
CAI International falls -17.2% » 10:00
06/15/20
06/15
10:00
06/15/20
10:00
CAI

CAI International

$16.06 /

-3.36 (-17.30%)

CAI International is down…

CAI International is down -17.2%, or -$3.34 to $16.03.

ShowHide Related Items >><<
CAI CAI International
$16.06 /

-3.36 (-17.30%)

CAI CAI International
$16.06 /

-3.36 (-17.30%)

06/15/20 Keefe Bruyette
Keefe Bruyette downgrades CAI after review ends with no sale
06/15/20 Keefe Bruyette
CAI downgraded to Market Perform from Outperform at Keefe Bruyette
05/07/20
Fly Intel: Top five analyst upgrades
05/06/20 Keefe Bruyette
CAI International upgraded to Outperform from Market Perform at Keefe Bruyette
CAI CAI International
$16.06 /

-3.36 (-17.30%)

Downgrade
Keefe Bruyette downgrades CAI after review ends with no sale » 09:44
06/15/20
06/15
09:44
06/15/20
09:44
CAI

CAI International

$19.42 /

+ (+0.00%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Michael Brown downgraded CAI International to Market Perform from Outperform with a price target of $18, down from $21. CAI this morning announced the termination of its formal strategic alternatives review process, the resignation of the current CEO, and the initiation of a dividend. With the conclusion of the strategic review not resulting in the sale of the company, the shares will be "hard-pressed to continue to outperform from here," Brown tells investors in a research note.

ShowHide Related Items >><<
CAI CAI International
$19.42 /

+ (+0.00%)

CAI CAI International
$19.42 /

+ (+0.00%)

06/15/20 Keefe Bruyette
CAI downgraded to Market Perform from Outperform at Keefe Bruyette
05/07/20
Fly Intel: Top five analyst upgrades
05/06/20 Keefe Bruyette
CAI International upgraded to Outperform from Market Perform at Keefe Bruyette
12/16/19 William Blair
CAI International worth at least $33 per share, says William Blair
CAI CAI International
$19.42 /

+ (+0.00%)

Downgrade
CAI downgraded to Market Perform from Outperform at Keefe Bruyette » 09:33
06/15/20
06/15
09:33
06/15/20
09:33
CAI

CAI International

$19.42 /

+1.11 (+6.06%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Michael Brown downgraded CAI International to Market Perform from Outperform after the company ended its strategic review.

ShowHide Related Items >><<
CAI CAI International
$19.42 /

+1.11 (+6.06%)

CAI CAI International
$19.42 /

+1.11 (+6.06%)

05/07/20
Fly Intel: Top five analyst upgrades
05/06/20 Keefe Bruyette
CAI International upgraded to Outperform from Market Perform at Keefe Bruyette
12/16/19 William Blair
CAI International worth at least $33 per share, says William Blair
11/05/19 Cowen
CAI International downgraded to Market Perform at Cowen
CAI CAI International
$19.42 /

+1.11 (+6.06%)

Hot Stocks
CAI International CEO Victor Garcia submits resignation » 08:13
06/15/20
06/15
08:13
06/15/20
08:13
CAI

CAI International

$19.42 /

+1.11 (+6.06%)

CAI announced a change in…

CAI announced a change in leadership. Timothy Page, the company's CFO, was appointed executive VP and interim president and CEO to succeed Victor Garcia. Garcia submitted his resignation as a member of the company's Board, and Page was subsequently appointed by the board to fill the vacated seat until the next annual meeting, at which time the board has recommended to the shareholders that Page be elected to the board. The company is in the process of an active search for a permanent CEO.

ShowHide Related Items >><<
CAI CAI International
$19.42 /

+1.11 (+6.06%)

CAI CAI International
$19.42 /

+1.11 (+6.06%)

05/07/20
Fly Intel: Top five analyst upgrades
05/06/20 Keefe Bruyette
CAI International upgraded to Outperform from Market Perform at Keefe Bruyette
12/16/19 William Blair
CAI International worth at least $33 per share, says William Blair
11/05/19 Cowen
CAI International downgraded to Market Perform at Cowen
CAI CAI International
$19.42 /

+1.11 (+6.06%)

Hot Stocks
CAI International ends strategic review, initiates 25c per share dividend » 08:10
06/15/20
06/15
08:10
06/15/20
08:10
CAI

CAI International

$19.42 /

+1.11 (+6.06%)

CAI International…

CAI International announced the termination of its formal strategic alternatives review process. As a result of the strategic process, the company and its board said that "the company can best maximize shareholder value by focusing on its profitable core container business and that current market conditions are not conducive to a transaction beneficial to shareholders." The company previously announced on December 16, 2019 that it was involved in an effort to identify, examine and consider strategic alternatives available to it, with the objective of maximizing shareholder value. In connection with this process, CAI retained a financial advisor, Centerview Partners, to assist CAI in conducting an extensive and thorough strategic review that included a broad marketing effort to solicit interest in a sale of the company. During the strategic review process the company received multiple expressions of interest regarding a sale of all or a portion of the company. However, given the current market volatility and instability, which was cited by a number of bidders, none of the expressions of interest were determined to be in the best interest of the company's shareholders, as the board concluded that all of the expressions of interest undervalued the company based upon its assets, operations and prospects for growth. The company and the board are committed to exiting the rail and logistics businesses, enabling the company to focus solely on the container leasing business. Based on CAI's current free cash flow generation and the board's confidence in the company's future growth and operations as a pure play container leasing business, the board has approved the initiation of regular cash dividends on its common stock at the rate of 25c per share per quarter, equivalent to $1.00 per share annually. The board intends to commence paying regular quarterly dividends in the third quarter of 2020, with a declaration of the first dividends coincident with the Company's second quarter earnings release.

ShowHide Related Items >><<
CAI CAI International
$19.42 /

+1.11 (+6.06%)

CAI CAI International
$19.42 /

+1.11 (+6.06%)

05/07/20
Fly Intel: Top five analyst upgrades
05/06/20 Keefe Bruyette
CAI International upgraded to Outperform from Market Perform at Keefe Bruyette
12/16/19 William Blair
CAI International worth at least $33 per share, says William Blair
11/05/19 Cowen
CAI International downgraded to Market Perform at Cowen
CAI CAI International
$19.42 /

+1.11 (+6.06%)

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