NYSE:TREX - Trex Stock Price, Forecast & News

Trex trades on the New York Stock Exchange (NYSE) under the ticker symbol "TREX."

Shares of Trex split before market open on Wednesday, May 23rd 2018. The 2-1 split was announced on Monday, May 7th 2018. The newly created shares were payable to shareholders after the market closes on Monday, June 18th 2018. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split.

Trex declared that its board has initiated a share repurchase plan on Thursday, February 22nd 2018, which allows the company to repurchase 2,900,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its shares are undervalued.

Trex Company Inc (NYSE:TREX) issued its earnings results on Monday, October, 28th. The construction company reported $0.72 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.68 by $0.04. The construction company had revenue of $195 million for the quarter, compared to analyst estimates of $208.12 million. Trex had a net margin of 18.65% and a return on equity of 35.80%. The company's quarterly revenue was up 17.2% compared to the same quarter last year. During the same period last year, the company earned $0.57 EPS. View Trex's Earnings History.

Trex is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Trex.

Trex will be holding an earnings conference call on Monday, February 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

11 brokers have issued 1-year price objectives for Trex's stock. Their forecasts range from $84.00 to $102.00. On average, they anticipate Trex's stock price to reach $93.38 in the next year. This suggests that the stock has a possible downside of 12.2%. View Analyst Price Targets for Trex.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trex in the last year. There are currently 2 sell ratings, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Trex.

News stories about TREX stock have trended very negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Trex earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned press coverage about the construction company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Trex.

Some companies that are related to Trex include Masco (MAS), Fortune Brands Home & Security (FBHS), Lennox International (LII), A. O. Smith (AOS), Owens Corning (OC), Armstrong World Industries (AWI), Simpson Manufacturing (SSD), Universal Forest Products (UFPI), Builders FirstSource (BLDR), AAON (AAON), American Woodmark (AMWD), Gibraltar Industries (ROCK), Patrick Industries (PATK), PGT Innovations (PGTI) and Griffon (GFF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Trex investors own include NVIDIA (NVDA), Trade Desk (TTD), salesforce.com (CRM), Skyworks Solutions (SWKS), Tesla (TSLA), Shopify (SHOP), Okta (OKTA), Walt Disney (DIS), Square (SQ) and Twilio (TWLO).

Trex's stock is owned by many different of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (6.49%), Bamco Inc. NY (4.57%), Alliancebernstein L.P. (3.63%), State Street Corp (3.47%), Conestoga Capital Advisors LLC (2.07%) and Westfield Capital Management Co. LP (1.66%). Company insiders that own Trex stock include Adam Dante Zambanini, Bryan Horix Fairbanks, Christopher Paul Gerhard, Frank H Merlotti Jr, James E Cline, Jay M Gratz, Jay T Scripter, Michael F Golden, Patricia B Robinson, Richard E Posey and William R Gupp. View Institutional Ownership Trends for Trex.

TREX stock was sold by a variety of institutional investors in the last quarter, including Eagle Asset Management Inc., Lord Abbett & CO. LLC, Redwood Investments LLC, Victory Capital Management Inc., Amundi Pioneer Asset Management Inc., Credit Suisse AG, Candriam Luxembourg S.C.A. and State Street Corp. Company insiders that have sold Trex company stock in the last year include Adam Dante Zambanini, Bryan Horix Fairbanks, Christopher Paul Gerhard, James E Cline, Jay M Gratz, Jay T Scripter, Patricia B Robinson, Richard E Posey and William R Gupp. View Insider Buying and Selling for Trex.

TREX stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Baird Financial Group Inc., Eventide Asset Management LLC, William Blair Investment Management LLC, Blair William & Co. IL, Geode Capital Management LLC, Schroder Investment Management Group and Handelsbanken Fonder AB. View Insider Buying and Selling for Trex.

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

One share of TREX stock can currently be purchased for approximately $106.29.

Trex has a market capitalization of $6.20 billion and generates $684.25 million in revenue each year. The construction company earns $134.57 million in net income (profit) each year or $2.35 on an earnings per share basis. Trex employs 1,214 workers across the globe.View Additional Information About Trex.

The official website for Trex is http://www.trex.com/.

Trex's mailing address is 160 EXETER DRIVE, WINCHESTER VA, 22603. The construction company can be reached via phone at 540-542-6300.