Textainer Group Holdings Ltd. JSE: TXT

Textainer Group Holdings shares

Background of Textainer Group Holdings

  • Textainer Group Holdings Limited is a Bermuda-based holding company that focuses on the purchase, leasing, and resale of marine cargo containers. The company operates in 14 regional and area offices, including New Jersey, London, Yokohama, and the South Asia Region in Singapore. The company has more than 400 leasing customers and more than 1 100 container sales customers.

  • The company is one of the world’s largest inter-modal container lessors with more than 3.5 million twenty-foot equivalent units (TEU) in its owned and managed fleet portfolio.

  • The company supplies standard dry freight, specialized, and refrigerated containers to more than 250 global customers, including all of the world’s leading shipping lines. The company also leases tank containers through its relationship with Trifleet Leasing. Additionally, Textainer Group Holdings Limited is as a long-standing supplier to the U.S. Military.

  • Data from the company’s 2019 financial analysis shows adjusted EBITDA of $118.3 million for the third quarter, as compared to $114.7 million in the second quarter of 2019.

Textainer Group Holdings Shares Growth Driver

  • Textainer Group Holdings Limited is one of the largest and most reliable suppliers of new and used containers. In addition to selling older containers from its lease fleet, the company buys older containers from its shipping line customers for trading and resale.

  • The company sold an average of almost 140 000 containers per year for the last five years to more than 1 500 customers, making it one of the largest sellers of used containers.

  • This strong distribution network coupled with sustained demand for the company’s shipping products ensures a continued growth trajectory, driving sustained value for the company’s shareholders in the long-term.

Textainer Group Holdings Group Investor Tip

  • Textainer Group Holdings Limited trades in a secondary listing on the Johannesburg Stock Exchange (JSE), where investors can buyshares under the stock symbol –TXT.

  • •The company has a history of delivering a solid performance, and the sustained demand for its shipping portfolio indicates that it will continue to grow from strength to strength in 2020 and in the future.

  • This strong market position has allowed Textainer Group Holdings Limited to deliver flourishing dividends and a strong share price for investors who choose to purchases hares, providing a solid buy-in on the JSE today and going forward.

  • Sector

    Industrials

  • Industry

    Industrial Services

  • Sub industry

How to buy Textainer Group Holdings Group Shares

  • Textainer Group Holdings : How to buy Textainer Group Holdings Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Textainer Group Holdings  shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Textainer Group Holdings Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Textainer Group Holdings Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Textainer Group Holdings Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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Frequently Asked Questions

 

What is Textainer Group Holdings?

A holding company based in Bermuda with primary focus being the leasing and resale of marine cargo containers.

Can you buy Textainer Group Holdings shares online?

The website of SA Shares makes it easy for you to buy JSE listed shares online.

Is Textainer Group Holdings shares a good buy?

Growth forecasts in 2020 are very positive indicating a strong share price for investors, and providing a strong buy-in on the JSE now and going forward.

When did Textainer Group Holdings list on the JSE?

2019

When was Textainer Group Holdings founded?

1979

<a href="https://www.sashares.co.za/textainer-group-holdings">Credits: SA Shares™</a>
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