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NYSE:TRN

Trinity Industries (TRN) Stock Price, News & Analysis

Trinity Industries logo
$34.28
-1.45 (-4.06%)
(As of 10/31/2024 ET)

About Trinity Industries Stock (NYSE:TRN)

Key Stats

Today's Range
$34.27
$35.80
50-Day Range
$30.51
$36.62
52-Week Range
$20.43
$37.04
Volume
435,604 shs
Average Volume
546,149 shs
Market Capitalization
$2.81 billion
P/E Ratio
17.67
Dividend Yield
3.27%
Price Target
$31.33
Consensus Rating
Hold

Company Overview

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. As of December 31, 2023, it had a fleet of 109,295 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. The company was incorporated in 1933 and is headquartered in Dallas, Texas.

Trinity Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

TRN MarketRank™: 

Trinity Industries scored higher than 71% of companies evaluated by MarketBeat, and ranked 64th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Trinity Industries has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Trinity Industries has only been the subject of 1 research reports in the past 90 days.

  • Read more about Trinity Industries' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Trinity Industries is 17.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Trinity Industries is 17.83, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.23.

  • Price to Book Value per Share Ratio

    Trinity Industries has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Trinity Industries' valuation and earnings.
  • Percentage of Shares Shorted

    2.45% of the float of Trinity Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Trinity Industries has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Trinity Industries has recently decreased by 4.33%, indicating that investor sentiment is improving.
  • Dividend Yield

    Trinity Industries pays a meaningful dividend of 3.16%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Trinity Industries has been increasing its dividend for 15 years.

  • Dividend Coverage

    The dividend payout ratio of Trinity Industries is 75.17%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Trinity Industries' dividend.
  • Percentage of Shares Shorted

    2.45% of the float of Trinity Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Trinity Industries has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Trinity Industries has recently decreased by 4.33%, indicating that investor sentiment is improving.
  • News Sentiment

    Trinity Industries has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Trinity Industries this week, compared to 4 articles on an average week.
  • Search Interest

    14 people have searched for TRN on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Trinity Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Trinity Industries insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.60% of the stock of Trinity Industries is held by insiders.

  • Percentage Held by Institutions

    86.57% of the stock of Trinity Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Trinity Industries' insider trading history.
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TRN Stock News Headlines

Trinity Industries, Inc. (TRN) Q3 2024 Earnings Call Transcript
Trinity Industries Reports Strong Q3 2024 Performance
Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
Trinity (NYSE:TRN) Exceeds Q3 Expectations
Trinity Industries Inc (TRN) Q3 Earnings: EPS of $0. ...
Trinity Industries Q3 Profit Increases, Beats Estimates
Trinity Industries, Inc. Announces Third Quarter 2024 Results
Trinity (TRN) Q3 Earnings Report Preview: What To Look For
See More Headlines

TRN Stock Analysis - Frequently Asked Questions

Trinity Industries' stock was trading at $26.59 on January 1st, 2024. Since then, TRN stock has increased by 30.1% and is now trading at $34.59.
View the best growth stocks for 2024 here
.

Trinity Industries, Inc. (NYSE:TRN) released its quarterly earnings results on Thursday, August, 1st. The transportation company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.32. Trinity Industries's revenue for the quarter was up 16.5% compared to the same quarter last year.

Shares of Trinity Industries split on Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly created shares were payable to shareholders after the closing bell on Thursday, June 19th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Trinity Industries' Board of Directors initiated a stock buyback plan on Thursday, December 8th 2022, which allows the company to repurchase $250,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 10.1% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its stock is undervalued.

Trinity Industries' top institutional investors include Raymond James & Associates (0.37%), State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.05%) and Twelve Points Wealth Management LLC (0.05%). Insiders that own company stock include Eric R Marchetto, Jean Savage, Jean Savage, Gregory B Mitchell, Todd Maclin, Todd Maclin, Holdings LP Valueact and Brian D Madison.
View institutional ownership trends
.

Shares of TRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Trinity Industries investors own include Home Depot (HD), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Intel (INTC), NVIDIA (NVDA) and Chevron (CVX).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 10/31 Dividend
10/15/2024
Today
10/31/2024
Dividend Payable
10/31/2024
Next Earnings (Confirmed)
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroad equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
89652210
Employees
9,480
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$31.33
High Stock Price Target
$35.00
Low Stock Price Target
$26.00
Potential Upside/Downside
-12.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$106 million
Pretax Margin
7.05%

Debt

Sales & Book Value

Annual Sales
$3.27 billion
Cash Flow
$5.03 per share
Book Value
$15.58 per share

Miscellaneous

Free Float
81,128,000
Market Cap
$2.92 billion
Optionable
Optionable
Beta
1.39

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This page (NYSE:TRN) was last updated on 10/31/2024 by MarketBeat.com Staff
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