Trinity Industries (NYSE:TRN) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Trinity Industries (NYSE:TRN - Get Free Report) posted its quarterly earnings data on Thursday. The transportation company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.04), Zacks reports. The firm had revenue of $585.40 million for the quarter, compared to the consensus estimate of $614.02 million. Trinity Industries had a return on equity of 11.78% and a net margin of 4.49%. The firm's quarterly revenue was down 27.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.33 earnings per share. Trinity Industries updated its FY 2025 guidance to 1.40-1.60 EPS.

Trinity Industries Stock Up 2.3 %

TRN traded up $0.56 during trading on Friday, reaching $24.94. 576,250 shares of the stock were exchanged, compared to its average volume of 567,957. The company has a debt-to-equity ratio of 4.35, a quick ratio of 1.08 and a current ratio of 1.80. The stock's 50 day moving average price is $27.41 and its two-hundred day moving average price is $33.23. Trinity Industries has a twelve month low of $23.01 and a twelve month high of $39.83. The stock has a market cap of $2.04 billion, a P/E ratio of 15.21 and a beta of 1.47.

Trinity Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 4.81%. The ex-dividend date of this dividend was Tuesday, April 15th. Trinity Industries's payout ratio is presently 74.07%.

Insider Buying and Selling at Trinity Industries

In other news, EVP Gregory B. Mitchell sold 9,286 shares of Trinity Industries stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $31.02, for a total transaction of $288,051.72. Following the completion of the transaction, the executive vice president now directly owns 111,879 shares in the company, valued at approximately $3,470,486.58. The trade was a 7.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.00% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TRN. Susquehanna decreased their price target on shares of Trinity Industries from $35.00 to $24.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd. The Goldman Sachs Group lowered their price target on shares of Trinity Industries from $36.00 to $31.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th.

About Trinity Industries

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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