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S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Day of Financial Reckoning Is Near (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
Sell every Stock except ONE (Ad)
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
Walmart Leads Retail Higher But Will The Group Follow? 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Day of Financial Reckoning Is Near (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
Sell every Stock except ONE (Ad)
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
Walmart Leads Retail Higher But Will The Group Follow? 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Day of Financial Reckoning Is Near (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
Sell every Stock except ONE (Ad)
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
Walmart Leads Retail Higher But Will The Group Follow? 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
NASDAQ:TRS

TriMas - TRS Stock Forecast, Price & News

$30.06
+0.31 (+1.04%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$29.50
$30.17
50-Day Range
$25.61
$29.94
52-Week Range
$23.85
$38.72
Volume
95,674 shs
Average Volume
110,963 shs
Market Capitalization
$1.26 billion
P/E Ratio
19.39
Dividend Yield
0.54%
Price Target
N/A

TriMas MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.32% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.02
Upright™ Environmental Score
News Sentiment
0.51mentions of TriMas in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$203,388 Sold Last Quarter
Proj. Earnings Growth
12.33%
From $2.27 to $2.55 Per Share

Overall MarketRank

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

2.17 out of 5 stars

Industrial Products Sector

100th out of 189 stocks

Metal Forgings & Stampings Industry

4th out of 4 stocks

TRS stock logo

About TriMas (NASDAQ:TRS) Stock

TriMas Corporation designs, develops, manufactures, and sells 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, flexible spouts, and agricultural closures; polymeric jar products; integrated dispensers; bag-in-box products; aseptic closures; industrial closures and flex spouts; custom injection molded components and devices; various injection molded products; and single-bodied and assembled caps and closures under the Rieke, Taplast, Affaba & Ferrari, Stolz, Omega, and Rapak brands. The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting, and connectors for air management systems, and machined parts and components to original equipment manufacturers, supply chain distributors, MRO/aftermarket providers, and tier one suppliers; 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.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of TriMas from a "hold" rating to a "buy" rating in a research note on Tuesday.

TriMas Price Performance

NASDAQ:TRS traded up $0.31 during trading hours on Tuesday, hitting $30.06. 95,674 shares of the company's stock traded hands, compared to its average volume of 110,963. TriMas has a 52-week low of $23.85 and a 52-week high of $38.72. The company has a market capitalization of $1.26 billion, a PE ratio of 19.38 and a beta of 0.70. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.48 and a quick ratio of 1.42. The firm's 50-day moving average is $27.60 and its 200-day moving average is $29.81.

TriMas (NASDAQ:TRS - Get Rating) last announced its quarterly earnings data on Thursday, July 28th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.60. TriMas had a net margin of 7.44% and a return on equity of 12.74%. The company had revenue of $237.70 million during the quarter, compared to analysts' expectations of $238.92 million. During the same quarter in the prior year, the company earned $0.62 EPS. TriMas's revenue was up 8.5% compared to the same quarter last year. Equities analysts forecast that TriMas will post 2.27 EPS for the current fiscal year.

TriMas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 11th. Shareholders of record on Thursday, August 4th were issued a $0.04 dividend. The ex-dividend date was Wednesday, August 3rd. This represents a $0.16 annualized dividend and a yield of 0.53%. TriMas's payout ratio is 10.32%.

Insider Buying and Selling at TriMas

In other TriMas news, insider John Philip Schaefer sold 6,800 shares of the business's stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $29.91, for a total value of $203,388.00. Following the transaction, the insider now directly owns 11,087 shares in the company, valued at approximately $331,612.17. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.10% of the stock is currently owned by company insiders.

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TRS Stock News Headlines

StockNews.com Lowers TriMas (NASDAQ:TRS) to Hold
TriMas Reports Second Quarter 2022 Results
TriMas (TRS) Scheduled to Post Earnings on Thursday
TRS Crosses Critical Technical Indicator
TriMas Packaging Wins New Business Awards
TriMas is Now Oversold (TRS)
TriMas (TRS) Q1 Earnings Meet Estimates
TriMas Corp. Tops Q1 EPS by 1c
TriMas Reports First Quarter 2022 Results
See More Headlines
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TRS Company Calendar

Last Earnings
7/28/2022
Ex-Dividend for 8/11 Dividend
8/03/2022
Dividend Payable
8/11/2022
Today
8/16/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

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

Profitability

Net Income
$57.31 million
Pretax Margin
9.60%

Debt

Sales & Book Value

Annual Sales
$857.11 million
Cash Flow
$3.20 per share
Book Value
$14.72 per share

Miscellaneous

Free Float
41,540,000
Market Cap
$1.26 billion
Optionable
Optionable
Beta
0.70

Key Executives

  • Mr. Thomas A. Amato (Age 59)
    Pres, CEO & Director
    Comp: $1.97M
  • Mr. Scott A. Mell (Age 50)
    Chief Financial Officer
    Comp: $679.22k
  • Mr. John Philip Schaefer (Age 50)
    Pres of Aerospace
    Comp: $667.04k
  • Mr. Fabio L. Matheus Salik (Age 53)
    Pres of Packaging
    Comp: $658.79k
  • Mr. Al Malizia
    VP of Operations
  • Mr. Paul A. Swart
    Chief Accounting Officer, VP of Bus. Planning & Controller
  • Ms. Sherry Lauderback
    VP of Investor Relations & Communications
  • Ms. Jodi Robin
    Gen. Counsel
  • Mr. Charles Manz
    Pres of Norris Cylinder - Engineered Components
  • Mr. Marc A. Roberts (Age 59)
    Pres of Energy Segment













TRS Stock - Frequently Asked Questions

How have TRS shares performed in 2022?

TriMas' stock was trading at $37.00 at the start of the year. Since then, TRS shares have decreased by 18.8% and is now trading at $30.06.
View the best growth stocks for 2022 here
.

When is TriMas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our TRS earnings forecast
.

How were TriMas' earnings last quarter?

TriMas Co. (NASDAQ:TRS) announced its quarterly earnings results on Thursday, July, 28th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.60. The industrial products company had revenue of $237.70 million for the quarter, compared to analyst estimates of $238.92 million. TriMas had a trailing twelve-month return on equity of 12.74% and a net margin of 7.44%. The company's revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.62 EPS.

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

TriMas announced a quarterly dividend on Friday, July 22nd. Shareholders of record on Thursday, August 4th will be given a dividend of $0.04 per share on Thursday, August 11th. This represents a $0.16 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Wednesday, August 3rd.
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 0.54%. The dividend payout ratio is 10.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRS will have a dividend payout ratio of 6.27% 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 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $2.25-$2.35 for the period, compared to the consensus EPS estimate of $2.28. The company issued revenue guidance of $925.68 million-$951.39 million, compared to the consensus revenue estimate of $938.33 million.

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 shareholders include Victory Capital Management Inc. (7.07%), Allspring Global Investments Holdings LLC (6.08%), Pzena Investment Management LLC (4.09%), Massachusetts Financial Services Co. MA (4.00%), River Road Asset Management LLC (3.20%) and State Street Corp (2.14%). Insiders that own company stock include Daniel P Tredwell, Fisher Steven, Herbert K Parker, Holly M Boehne, Jeffrey M Greene, John Philip Schaefer, Joshua A Sherbin, Paul Swart, Robert J Zalupski, Samuel Valenti III, 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 $30.06.

How much money does TriMas make?

TriMas (NASDAQ:TRS) has a market capitalization of $1.26 billion and generates $857.11 million in revenue each year. The industrial products company earns $57.31 million in net income (profit) each year or $1.55 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 8/17/2022 by MarketBeat.com Staff

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