TriNet Group (TNET) to Release Quarterly Earnings on Friday

TriNet Group (NYSE:TNET - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Friday, April 25th. Analysts expect the company to announce earnings of $1.67 per share and revenue of $319.36 million for the quarter. TriNet Group has set its FY 2025 guidance at 3.250-4.750 EPS.

TriNet Group (NYSE:TNET - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.02. TriNet Group had a return on equity of 200.82% and a net margin of 3.46%. The company had revenue of $252.00 million for the quarter, compared to analysts' expectations of $225.72 million. On average, analysts expect TriNet Group to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

TriNet Group Price Performance

TNET traded up $0.53 on Wednesday, hitting $76.73. 320,947 shares of the stock were exchanged, compared to its average volume of 377,925. The company has a debt-to-equity ratio of 13.16, a current ratio of 1.07 and a quick ratio of 1.07. TriNet Group has a 12 month low of $65.43 and a 12 month high of $129.37. The firm has a market capitalization of $3.71 billion, a price-to-earnings ratio of 22.44 and a beta of 1.06. The business has a 50-day moving average of $75.63 and a two-hundred day moving average of $86.19.

TriNet Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Tuesday, April 1st will be given a dividend of $0.275 per share. This is a positive change from TriNet Group's previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.10 annualized dividend and a dividend yield of 1.43%. TriNet Group's dividend payout ratio (DPR) is currently 32.16%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TNET. Needham & Company LLC reaffirmed a "hold" rating on shares of TriNet Group in a report on Thursday, March 13th. TD Cowen cut TriNet Group from a "buy" rating to a "hold" rating and decreased their target price for the company from $104.00 to $74.00 in a research report on Tuesday, February 18th.

Insider Activity

In other TriNet Group news, CTO Jeffery Jon Hayward sold 1,364 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $69.36, for a total transaction of $94,607.04. Following the sale, the chief technology officer now directly owns 19,867 shares of the company's stock, valued at $1,377,975.12. The trade was a 6.42 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul Edward Chamberlain sold 600 shares of the firm's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $69.36, for a total transaction of $41,616.00. Following the transaction, the director now directly owns 36,991 shares of the company's stock, valued at $2,565,695.76. The trade was a 1.60 % decrease in their position. The disclosure for this sale can be found here. 37.10% of the stock is owned by corporate insiders.

TriNet Group Company Profile

TriNet Group, Inc provides comprehensive and flexible human capital management services for small and medium size businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services.