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NYSE:TNET

TriNet Group (TNET) Stock Price, News & Analysis

$103.47
-0.28 (-0.27%)
(As of 03:27 PM ET)
Today's Range
$102.76
$104.59
50-Day Range
$100.37
$129.68
52-Week Range
$90.55
$134.67
Volume
143,040 shs
Average Volume
259,789 shs
Market Capitalization
$5.23 billion
P/E Ratio
16.96
Dividend Yield
0.97%
Price Target
$117.50

TriNet Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
13.7% Upside
$117.50 Price Target
Short Interest
Bearish
2.58% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.45mentions of TriNet Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$231,565 Sold Last Quarter
Proj. Earnings Growth
15.15%
From $4.82 to $5.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.45 out of 5 stars

Business Services Sector

100th out of 298 stocks

Business Services, Not Elsewhere Classified Industry

43rd out of 91 stocks

TNET stock logo

About TriNet Group Stock (NYSE:TNET)

TriNet Group, Inc. provides comprehensive and flexible human capital management services for small and medium size businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services. It also provides technology platform, an online and mobile tool that allows users to store, view, and manager HR information and administer various HR transactions, such as payroll processing, tax administration and credits, employee onboarding and termination, employee performance, time and attendance, compensation reporting, expense management, and benefits enrollment and administration, as well as incorporated workforce analytics and allows professional employer organization clients to generate HR data, payroll, compensation, and other custom reports. The company serves clients in various industries, including technology, professional services, financial services, life sciences, and not-for-profit. It sells its solutions through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.

TNET Stock Price History

TNET Stock News Headlines

Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
TriNet to Participate at Upcoming Conferences
Trinet Group is Now Oversold (TNET)
TriNet Shares Fall 11% After Lackluster Outlook
TriNet: Q1 Earnings Snapshot
TriNet Announces First Quarter 2024 Results
TriNet: Potential Revenue Growth Inflection In 2024
See More Headlines
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Company Calendar

Ex-Dividend for 4/22 Dividend
3/28/2024
Dividend Payable
4/22/2024
Last Earnings
4/26/2024
Today
6/21/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$117.50
High Stock Price Target
$140.00
Low Stock Price Target
$87.00
Potential Upside/Downside
+13.0%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$375 million
Pretax Margin
9.01%

Debt

Sales & Book Value

Annual Sales
$4.92 billion
Cash Flow
$10.49 per share
Book Value
$1.54 per share

Miscellaneous

Free Float
31,805,000
Market Cap
$5.26 billion
Optionable
Optionable
Beta
1.19
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Key Executives


TNET Stock Analysis - Frequently Asked Questions

Should I buy or sell TriNet Group stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TNET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TNET, but not buy additional shares or sell existing shares.
View TNET analyst ratings
or view top-rated stocks.

What is TriNet Group's stock price target for 2024?

7 brokerages have issued 1 year target prices for TriNet Group's shares. Their TNET share price targets range from $87.00 to $140.00. On average, they anticipate the company's stock price to reach $117.50 in the next year. This suggests a possible upside of 13.7% from the stock's current price.
View analysts price targets for TNET
or view top-rated stocks among Wall Street analysts.

How have TNET shares performed in 2024?

TriNet Group's stock was trading at $118.93 at the beginning of the year. Since then, TNET shares have decreased by 13.1% and is now trading at $103.32.
View the best growth stocks for 2024 here
.

When is TriNet Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our TNET earnings forecast
.

How were TriNet Group's earnings last quarter?

TriNet Group, Inc. (NYSE:TNET) released its quarterly earnings results on Friday, April, 26th. The business services provider reported $1.86 earnings per share for the quarter, missing the consensus estimate of $2.22 by $0.36. The business services provider earned $357 million during the quarter, compared to analysts' expectations of $380.41 million. TriNet Group had a trailing twelve-month return on equity of 124.38% and a net margin of 6.78%.

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

TriNet Group declared a quarterly dividend on Thursday, February 15th. Stockholders of record on Monday, April 1st will be given a dividend of $0.25 per share on Monday, April 22nd. This represents a $1.00 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Thursday, March 28th.
Read our dividend analysis for TNET
.

Is TriNet Group a good dividend stock?

TriNet Group (NYSE:TNET) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.97%. The dividend payout ratio is 16.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TNET will have a dividend payout ratio of 18.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TNET.

What ETFs hold TriNet Group's stock?
What guidance has TriNet Group issued on next quarter's earnings?

TriNet Group issued an update on its second quarter 2024 earnings guidance on Friday, April, 26th. The company provided EPS guidance of 1.000-1.500 for the period, compared to the consensus earnings per share estimate of 1.570. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

What is Burton M. Goldfield's approval rating as TriNet Group's CEO?

429 employees have rated TriNet Group Chief Executive Officer Burton M. Goldfield on Glassdoor.com. Burton M. Goldfield has an approval rating of 80% among the company's employees.

What other stocks do shareholders of TriNet Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TriNet Group investors own include NVIDIA (NVDA), Home Depot (HD), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), Micron Technology (MU), Netflix (NFLX), Block (SQ), Verizon Communications (VZ) and Applied Materials (AMAT).

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Mawer Investment Management Ltd. (8.26%), Cantillon Capital Management LLC (5.79%), Vanguard Group Inc. (5.61%), Jane Street Group LLC (2.27%), Earnest Partners LLC (1.78%) and Janus Henderson Group PLC (1.35%). Insiders that own company stock include Alexander G Warren, Burton M Goldfield, H Raymond Bingham, Jonathan D Lee, Kelly L Tuminelli, LP Agi-T, Martin Babinec, Olivier Kohler, Paul Edward Chamberlain, Ralph A Clark, Samantha Wellington and Wayne B Lowell.
View institutional ownership trends
.

How do I buy shares of TriNet Group?

Shares of TNET 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.

This page (NYSE:TNET) was last updated on 6/21/2024 by MarketBeat.com Staff

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