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 on Wednesday, May 23rd 2018. The 2-1 split was announced on Monday, May 7th 2018. The newly issued shares were distributed to shareholders after the closing bell 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 announced that its board has initiated a stock buyback program on Thursday, February 22nd 2018, which permits the company to buyback 2,900,000 shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board believes its stock is undervalued.

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

Trex is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Trex.

11 brokerages have issued twelve-month price objectives for Trex's shares. Their forecasts range from $80.00 to $102.00. On average, they expect Trex's stock price to reach $91.13 in the next twelve months. This suggests that the stock has a possible downside of 6.9%. 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.

Media coverage about TREX stock has been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Trex earned a news sentiment score of -1.7 on InfoTrie's scale. They also gave news articles about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Trex.

Trex saw a increase in short interest during 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 short-interest ratio is presently 19.9 days. Approximately 16.9% of the shares of the 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), Shopify (SHOP), Tesla (TSLA), Okta (OKTA), Starbucks (SBUX) and Walt Disney (DIS).

Trex's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Calamos Advisors LLC (0.05%), Curbstone Financial Management Corp (0.04%), TrimTabs Asset Management LLC (0.02%), Summit Creek Advisors LLC (0.02%), State of Alaska Department of Revenue (0.02%) and Nisa Investment Advisors LLC (0.01%). 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 Calamos Advisors LLC, Atlantic Union Bankshares Corp, State of Alaska Department of Revenue and TrimTabs Asset Management LLC. 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 Summit Creek Advisors LLC, Appleton Partners Inc. MA, Red Spruce Capital LLC, Steward Partners Investment Advisory LLC, Curbstone Financial Management Corp and Nisa Investment Advisors LLC. 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 $97.88.

Trex has a market capitalization of $5.71 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.