NYSE:TREX - Trex Stock Price, Forecast & News

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

Trex's stock split on the morning of Wednesday, May 23rd 2018. The 2-1 split was announced on Monday, May 7th 2018. The newly issued 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 approved a share repurchase plan on Thursday, February 22nd 2018, which allows the company to buyback 2,900,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

Trex Company Inc (NYSE:TREX) released its quarterly earnings results on Monday, October, 28th. The construction company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.68 by $0.04. The construction company earned $195 million during the quarter, compared to the consensus estimate of $208.12 million. Trex had a net margin of 18.65% and a return on equity of 35.80%. The business's revenue for the quarter 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 equities research analysts have issued 12 month price objectives for Trex's stock. Their forecasts range from $80.00 to $102.00. On average, they anticipate Trex's stock price to reach $91.13 in the next year. This suggests that the stock has a possible downside of 8.2%. 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 coverage about TREX stock has been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Trex earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned news headlines about the construction company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Trex.

Trex saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 9,780,000 shares, an increase of 8.3% from the November 28th total of 9,030,000 shares. Based on an average trading volume of 492,400 shares, the days-to-cover ratio is currently 19.9 days. Currently, 16.9% of the company's stock are sold short. View Trex's Current Options Chain.

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), Builders FirstSource (BLDR), Universal Forest Products (UFPI), AAON (AAON), American Woodmark (AMWD), Gibraltar Industries (ROCK), Patrick Industries (PATK), Griffon (GFF) and PGT Innovations (PGTI).

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

Trex's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (2.07%), California Public Employees Retirement System (0.29%), New York State Teachers Retirement System (0.07%), Arizona State Retirement System (0.06%), Calamos Advisors LLC (0.05%) and Curbstone Financial Management Corp (0.04%). 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 Conestoga Capital Advisors LLC, Strs Ohio, Calamos Advisors LLC, Arizona State Retirement System, Atlantic Union Bankshares Corp, Dupont Capital Management Corp, State of Alaska Department of Revenue and Virginia Retirement Systems ET AL. 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 purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Summit Creek Advisors LLC, DAVENPORT & Co LLC, AdvisorShares Investments LLC, Appleton Partners Inc. MA, Red Spruce Capital LLC, New York State Teachers Retirement System and NEXT Financial Group Inc. 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 $99.30.

Trex has a market capitalization of $5.79 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.