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 created shares were issued to shareholders after the market closes 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 declared that its board has initiated a stock buyback plan on Thursday, February 22nd 2018, which authorizes the company to buyback 2,900,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Trex Company Inc (NYSE:TREX) announced its earnings results on Monday, May, 7th. The construction company reported $0.31 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 analyst estimates of $172.18 million. Trex had a net margin of 17.63% and a return on equity of 45.74%. Trex's revenue was up 18.2% on a year-over-year basis. During the same period in the previous year, the business earned $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 equities research analysts have issued 12 month price objectives for Trex's shares. Their predictions range from $23.75 to $31.75. On average, they anticipate Trex's share price to reach $27.70 in the next twelve months. This suggests that the stock has a possible downside of 58.1%. View Analyst Ratings for Trex.

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

Trex saw a increase in short interest in June. As of June 29th, there was short interest totalling 2,119,011 shares, an increase of 87.4% from the June 15th total of 1,130,811 shares. Based on an average trading volume of 344,851 shares, the short-interest ratio is currently 6.1 days. Currently, 3.6% of the shares of the stock are sold short. View Trex's Current Options Chain.

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

Media coverage about TREX stock has been trending somewhat positive recently, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Trex earned a news sentiment score of 0.17 on Accern's scale. They also assigned media headlines about the construction company an impact score of 45.84 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Trex's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Capital Insight Partners LLC (0.05%), State of Alaska Department of Revenue (0.03%), Curbstone Financial Management Corp (0.03%), Xact Kapitalforvaltning AB (0.02%), Cim LLC (0.02%) and Bank of Montreal Can (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 acquired by a variety of institutional investors in the last quarter, including Curbstone Financial Management Corp, Capital Insight Partners LLC, State of Alaska Department of Revenue, Xact Kapitalforvaltning AB, Cim LLC and Bank of Montreal Can. 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 $66.08.

Trex has a market capitalization of $3.84 billion and generates $565.15 million in revenue each year. The construction company earns $95.12 million in net income (profit) each year or $1.58 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.