NYSE:TREX - Trex Stock Price, Price Target & More

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

Trex's stock split before market open on Wednesday, May 30th 2018. The 2-1 split was announced on Monday, May 7th 2018. The newly issued shares were payable to shareholders after the closing bell on Friday, June 15th 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 authorized a share repurchase program on Thursday, February 22nd 2018, which permits the company to buyback 2,900,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

Trex Company Inc (NYSE:TREX) announced its quarterly earnings data on Monday, May, 7th. The construction company reported $0.31 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.02. The construction company earned $171.20 million during the quarter, compared to analysts' expectations of $172.18 million. Trex had a net margin of 17.63% and a return on equity of 45.74%. The company's quarterly revenue was up 18.2% on a year-over-year basis. During the same period last year, the firm posted $0.24 EPS. View Trex's Earnings History.

Trex is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Trex.

6 brokerages have issued 12 month price objectives for Trex's shares. Their forecasts range from $23.75 to $31.75. On average, they anticipate Trex's stock price to reach $27.70 in the next twelve months. View Analyst Ratings for Trex.

Some companies that are related to Trex include Martin Marietta Materials (MLM), United Rentals (URI), Lennar Co. Class B (LEN.B), Sekisui House (SKHSY), Masco (MAS), Rollins (ROL), NVR (NVR), PERSIMMON/ADR (PSMMY), Jacobs Engineering Group (JEC), Cemex SAB de CV (CX), Taylor Wimpey (TWODY), Lennox International (LII), PulteGroup (PHM), Servicemaster Global (SERV) and ANHUI CONCH Cem/ADR (AHCHY).

Headlines about TREX stock have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Trex earned a daily sentiment score of 0.12 on Accern's scale. They also gave headlines about the construction company an impact score of 46.12 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Trex's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.11%), Bamco Inc. NY (3.58%), Eagle Asset Management Inc. (3.32%), Wasatch Advisors Inc. (2.89%), Dimensional Fund Advisors LP (2.83%) and JPMorgan Chase & Co. (1.72%). 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 Barrow Hanley Mewhinney & Strauss LLC, Bamco Inc. NY, Lord Abbett & CO. LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Dimensional Fund Advisors LP, Tiverton Asset Management LLC and JPMorgan Chase & Co.. Company insiders that have sold Trex company stock in the last year include 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 Insider Buying and Selling for Trex.

TREX stock was acquired by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, BlackRock Inc., Redwood Investments LLC, Millennium Management LLC, Royal Bank of Canada, OppenheimerFunds Inc., State of Wisconsin Investment Board and Federated Investors Inc. PA. 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, Scottrade, Fidelity and Charles Schwab.

One share of TREX stock can currently be purchased for approximately $65.49.

Trex has a market capitalization of $3.80 billion and generates $565.15 million in revenue each year. The construction company earns $95.12 million in net income (profit) each year or $3.16 on an earnings per share basis. Trex employs 1,120 workers across the globe.

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