TGH Stock Recent News

HAMILTON, Bermuda--(BUSINESS WIRE)--Typewriter Ascend Ltd, an entity controlled by Stonepeak and an affiliate of Textainer, has entered into an agreement to acquire Global Sea Containers Limited (“Seaco” or the “Company”) from Bohai Leasing Co., Ltd (“Bohai”) for an equity purchase price of $1.75 billion, subject to certain adjustments. Originally established in 1965, Seaco is incorporated in Bermuda and is currently owned by Bohai, an entity listed on the Shenzhen Stock Exchange. Seaco is a ma.

TGH is 11th in the nation to achieve the prestigious verification for its emergency general surgery program based on a rigorous, evidence-based assessment. TAMPA, Fla., May 16, 2025 /PRNewswire/ -- Tampa General Hospital (TGH) has announced its achievement of verification under the American College of Surgeons (ACS) Emergency General Surgery Verification Program (EGS-VP). The program is a rigorous, evidence-based assessment that sets the national standard for excellence in emergency surgical care, encompassing not only the most common types of surgery performed, but also the most acute surgical emergencies in a hospital setting. Tampa General is the first health system in Florida — and 11th in the nation — to achieve this designation. "As one of the first academic medical centers in the country to achieve this designation, TGH is setting the benchmark for what high-quality emergency general surgery care should look like," said Melissa Golombek, DNP, MHCM, RN, NE-BC, CPN, executive

HAMILTON, Bermuda and NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) (“Textainer”), one of the world's largest lessors of intermodal containers, today announced that it has published its proxy statement relating to a special meeting of its shareholders (the “Special Meeting”) to approve the previously announced acquisition of Textainer by Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets. The Special Meeting is scheduled for February 22, 2024 at 1:30 p.m.

HAMILTON, Bermuda, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Textainer Group Holdings Limited (NYSE:TGH; JSE:TXT) (“Textainer”, “we” and “our”), one of the world's largest lessors of intermodal containers, will release third quarter 2023 financial results before the open of regular market trading on Thursday, November 2, 2023.

Late Sunday, Textainer announced it would be taken private in a deal valued at more than $7 billion. The cash offer price is more than 40% above Friday's close.

Mergers often happen over the weekend. Chevron and Hess announced plans to merge, following on the heels of ExxonMobil's acquisition of Pioneer Natural Resources.

Textainer Group Holdings Limited has seen a 40% increase in share price in the last 12 months and is trading at a fair valuation. TGH operates in the global intermodal container industry and specializes in the ownership and management of containers. TGH is expected to see an uptick in revenues in the third and fourth quarters, which could lead to another increase in share price.

Textainer (TGH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Textainer Group (TGH) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.63 per share a year ago.