Trinity Industries (TRN) Projected to Post Earnings on Thursday

Trinity Industries (NYSE:TRN - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, July 31st. Analysts expect the company to announce earnings of $0.31 per share and revenue of $589.96 million for the quarter. Trinity Industries has set its FY 2025 guidance at 1.40-1.60 EPS.

Trinity Industries (NYSE:TRN - Get Free Report) last posted its earnings results on Thursday, May 1st. The transportation company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.04). Trinity Industries had a return on equity of 11.47% and a net margin of 4.79%. The firm had revenue of $585.40 million during the quarter, compared to the consensus estimate of $614.02 million. During the same period in the previous year, the company posted $0.33 EPS. The firm's revenue for the quarter was down 27.7% compared to the same quarter last year.

Trinity Industries Price Performance

NYSE:TRN traded down $0.69 during mid-day trading on Thursday, reaching $26.13. 479,858 shares of the company were exchanged, compared to its average volume of 725,597. Trinity Industries has a 12 month low of $23.01 and a 12 month high of $39.83. The company has a fifty day moving average of $26.66 and a 200 day moving average of $29.28. The company has a quick ratio of 0.87, a current ratio of 1.70 and a debt-to-equity ratio of 4.32. The stock has a market cap of $2.13 billion, a PE ratio of 16.13 and a beta of 1.45.

Trinity Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date is Tuesday, July 15th. Trinity Industries's dividend payout ratio is currently 74.07%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of TRN. Royal Bank of Canada boosted 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 valued at $2,069,000 after purchasing an additional 457 shares during the last quarter. 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 worth $1,244,000 after acquiring an additional 11,319 shares during the last quarter. Millennium Management LLC boosted its stake in Trinity Industries by 329.2% during the 1st quarter. Millennium Management LLC now owns 637,990 shares of the transportation company's stock worth $17,902,000 after acquiring an additional 489,348 shares during the last quarter. Jane Street Group LLC boosted its stake in Trinity Industries by 1,341.9% during the 1st quarter. Jane Street Group LLC now owns 134,098 shares of the transportation company's stock worth $3,763,000 after acquiring an additional 124,798 shares during the last quarter. Finally, Intech Investment Management LLC boosted its stake in Trinity Industries by 44.0% during 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 last quarter. Institutional investors own 86.57% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on TRN shares. Susquehanna decreased their price objective on shares of Trinity Industries from $35.00 to $24.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd. The Goldman Sachs Group decreased their price objective on shares of Trinity Industries from $36.00 to $31.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th.

Trinity Industries Company Profile

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.