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The single greatest medical breakthrough of all time? (Ad)
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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The single greatest medical breakthrough of all time? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
The single greatest medical breakthrough of all time? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The single greatest medical breakthrough of all time? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
The single greatest medical breakthrough of all time? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
Birthplace of the atomic bomb braces for its biggest mission since the top-secret Manhattan Project
The single greatest medical breakthrough of all time? (Ad)
MILAN FASHION PHOTOS: Naomi Campbell stuns at Dolce&Gabbana in collection highlighting lingerie
Minnesota's would-be head of cannabis regulation quits amid reports she sold illegal products
Laser breakthrough could send stock soaring 2,467% (Ad)
Speaker McCarthy is giving hard-right Republicans what they want. But it never seems to be enough.
At UN, African leaders say enough is enough: They must be partnered with, not sidelined
The single greatest medical breakthrough of all time? (Ad)
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Leading Egyptian opposition politician targeted with spyware, researchers find

TriMas (TRS) Stock Forecast, Price & News

$24.15
-0.35 (-1.43%)
(As of 09/22/2023 ET)
Compare
Today's Range
$24.12
$24.72
50-Day Range
$24.15
$28.44
52-Week Range
$21.41
$31.89
Volume
80,628 shs
Average Volume
86,293 shs
Market Capitalization
$1.00 billion
P/E Ratio
21.00
Dividend Yield
0.66%
Price Target
$40.00

TriMas MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
65.6% Upside
$40.00 Price Target
Short Interest
Healthy
0.73% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.02
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$181,715 Sold Last Quarter
Proj. Earnings Growth
18.32%
From $1.91 to $2.26 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Industrial Products Sector

65th out of 178 stocks

Metal Forgings & Stampings Industry

3rd out of 4 stocks


TRS stock logo

About TriMas (NASDAQ:TRS) Stock

TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide. It operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, and flexible spouts; polymeric jar products; integrated dispensers; bag-in-box products; and consumable vascular delivery and diagnostic test components under the Rieke, Taplast, Affaba & Ferrari, Intertech, Omega, and Rapak brands. The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting, and connectors for air management systems, and other highly-machined parts and components to original equipment manufacturers, supply chain distributors, and tier one suppliers, as well as maintenance, repair and overhaul (MRO)/aftermarket providers; and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products, and Martinic Engineering brands. The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines. The company sells its products through a direct sales force, third-party agents, and distributors. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.

TRS Price History

TRS Stock News Headlines

His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
TriMas (TRS) Shares Enter Oversold Territory
TriMas Insider Trades Send a Signal
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
TriMas Reports Second Quarter 2023 Results
TriMas (TRS) Matches Q2 Earnings Estimates
TriMas Streamlines Manufacturing Footprint
TriMas Releases Third Annual Sustainability Report
TriMas Corp (TRS) Q1 2023 Earnings Call Transcript
5TRS : TriMas: Dividend Insights
TriMas Reports First Quarter 2023 Results
See More Headlines
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TRS Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/10 Dividend
8/02/2023
Dividend Payable
8/10/2023
Today
9/24/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:TRS
CUSIP
89621520
Employees
3,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$40.00
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+65.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$66.17 million
Pretax Margin
7.50%

Debt

Sales & Book Value

Annual Sales
$883.83 million
Cash Flow
$3.10 per share
Book Value
$15.53 per share

Miscellaneous

Free Float
40,970,000
Market Cap
$1.00 billion
Optionable
Optionable
Beta
0.71
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Key Executives

  • Mr. Thomas A. AmatoMr. Thomas A. Amato (Age 60)
    Pres, CEO & Director
    Comp: $1.39M
  • Mr. Scott A. Mell (Age 51)
    CFO & Principal Accounting Officer
    Comp: $714.19k
  • Mr. Fabio L. Matheus Salik (Age 54)
    Pres of Packaging
    Comp: $483.96k
  • Mr. Al Malizia
    VP of Operations
  • Ms. Sherry Lauderback
    VP of Investor Relations & Communications
  • Ms. Jodi F. Robin
    Gen. Counsel & Sec.
  • Mr. Jan Cornelis van Dijk
    VP of Corp. Devel. & Treasurer
  • Ms. Jill S. Stress
    Chief Human Resource Officer













TRS Stock - Frequently Asked Questions

Should I buy or sell TriMas stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriMas in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TRS shares.
View TRS analyst ratings
or view top-rated stocks.

What is TriMas' stock price forecast for 2023?

2 Wall Street research analysts have issued 12-month price targets for TriMas' stock. Their TRS share price forecasts range from $40.00 to $40.00. On average, they anticipate the company's stock price to reach $40.00 in the next year. This suggests a possible upside of 65.6% from the stock's current price.
View analysts price targets for TRS
or view top-rated stocks among Wall Street analysts.

How have TRS shares performed in 2023?

TriMas' stock was trading at $27.74 at the beginning of the year. Since then, TRS shares have decreased by 12.9% and is now trading at $24.15.
View the best growth stocks for 2023 here
.

When is TriMas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our TRS earnings forecast
.

How were TriMas' earnings last quarter?

TriMas Co. (NASDAQ:TRS) posted its earnings results on Thursday, July, 27th. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. The industrial products company earned $233.19 million during the quarter, compared to analyst estimates of $255.81 million. TriMas had a trailing twelve-month return on equity of 9.71% and a net margin of 5.52%. TriMas's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 EPS.

How often does TriMas pay dividends? What is the dividend yield for TriMas?

TriMas announced a quarterly dividend on Thursday, July 20th. Investors of record on Thursday, August 3rd will be given a dividend of $0.04 per share on Thursday, August 10th. This represents a $0.16 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Wednesday, August 2nd.
Read our dividend analysis for TRS
.

Is TriMas a good dividend stock?

TriMas (NASDAQ:TRS) pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.66%. The dividend payout ratio is 13.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRS will have a dividend payout ratio of 7.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRS.

What guidance has TriMas issued on next quarter's earnings?

TriMas issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $1.80-$1.95 for the period, compared to the consensus earnings per share estimate of $1.30. The company issued revenue guidance of $928.02 million-$972.21 million, compared to the consensus revenue estimate of $1.10 billion.

What is Thomas Amato's approval rating as TriMas' CEO?

6 employees have rated TriMas Chief Executive Officer Thomas Amato on Glassdoor.com. Thomas Amato has an approval rating of 62% among the company's employees. This puts Thomas Amato in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of TriMas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TriMas investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Bank of America (BAC), First Data (FDC), Ciena (CIEN), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

What is TriMas' stock symbol?

TriMas trades on the NASDAQ under the ticker symbol "TRS."

Who are TriMas' major shareholders?

TriMas' stock is owned by a number of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (7.61%), Wasatch Advisors LP (7.58%), BlackRock Inc. (7.02%), Allspring Global Investments Holdings LLC (6.36%), Dimensional Fund Advisors LP (5.85%) and Pzena Investment Management LLC (5.80%). Insiders that own company stock include Daniel P Tredwell, Fabio Leandro Matheus Salik, Herbert K Parker, Jeffrey A Fielkow, Jeffrey M Greene, John Philip Schaefer, Joshua A Sherbin, Paul Swart, Robert J Zalupski, Samuel Valenti III, Scott A Mell, Teresa Finley and Thomas A Amato.
View institutional ownership trends
.

How do I buy shares of TriMas?

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

What is TriMas' stock price today?

One share of TRS stock can currently be purchased for approximately $24.15.

How much money does TriMas make?

TriMas (NASDAQ:TRS) has a market capitalization of $1.00 billion and generates $883.83 million in revenue each year. The industrial products company earns $66.17 million in net income (profit) each year or $1.15 on an earnings per share basis.

How many employees does TriMas have?

The company employs 3,500 workers across the globe.

How can I contact TriMas?

TriMas' mailing address is 38505 WOODWARD AVENUE SUITE 200, BLOOMFIELD HILLS MI, 48304. The official website for the company is www.trimascorp.com. The industrial products company can be reached via phone at (248) 631-5450, via email at sherrylauderback@trimascorp.com, or via fax at 248-382-1496.

This page (NASDAQ:TRS) was last updated on 9/24/2023 by MarketBeat.com Staff

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