Trinity Industries (NYSE:TRN - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.400-1.60 for the period, compared to the consensus estimate of 1.425. The company issued revenue guidance of -.
Trinity Industries Trading Down 8.2%
NYSE TRN traded down $2.05 during trading on Thursday, hitting $22.93. The stock had a trading volume of 270,613 shares, compared to its average volume of 588,688. The company has a debt-to-equity ratio of 4.32, a quick ratio of 0.87 and a current ratio of 1.70. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 14.07 and a beta of 1.45. Trinity Industries has a one year low of $22.55 and a one year high of $39.83. The stock has a 50 day simple moving average of $26.59 and a 200 day simple moving average of $28.96.
Trinity Industries (NYSE:TRN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The transportation company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.12). Trinity Industries had a net margin of 4.79% and a return on equity of 11.47%. Trinity Industries's revenue for the quarter was down 39.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.66 EPS. Sell-side analysts predict that Trinity Industries will post 1.65 earnings per share for the current year.
Trinity Industries Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be given a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.23%. Trinity Industries's dividend payout ratio (DPR) is currently 74.07%.
Analyst Ratings Changes
TRN has been the subject of several research reports. Susquehanna dropped their price objective on shares of Trinity Industries from $26.00 to $24.00 and set a "neutral" rating for the company in a research note on Tuesday. The Goldman Sachs Group lowered their target price on shares of Trinity Industries from $36.00 to $31.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th.
Check Out Our Latest Stock Analysis on TRN
Hedge Funds Weigh In On Trinity Industries
A number of hedge funds have recently made changes to their positions in the stock. Strs Ohio purchased a new stake in Trinity Industries during the 1st quarter worth $25,000. AQR Capital Management LLC boosted its stake in Trinity Industries by 33.8% during the 1st quarter. AQR Capital Management LLC now owns 44,772 shares of the transportation company's stock valued at $1,244,000 after purchasing an additional 11,319 shares during the period. Intech Investment Management LLC lifted its stake in shares of Trinity Industries by 44.0% in the 1st quarter. Intech Investment Management LLC now owns 48,014 shares of the transportation company's stock worth $1,347,000 after acquiring an additional 14,678 shares during the period. Royal Bank of Canada lifted its stake in shares of Trinity Industries by 0.6% in the 1st quarter. Royal Bank of Canada now owns 73,775 shares of the transportation company's stock worth $2,069,000 after acquiring an additional 457 shares during the period. Finally, Jane Street Group LLC grew its position in Trinity Industries by 1,341.9% during the first quarter. Jane Street Group LLC now owns 134,098 shares of the transportation company's stock valued at $3,763,000 after purchasing an additional 124,798 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company's stock.
About Trinity Industries
(
Get Free Report)
Trinity Industries, Inc provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services.
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