Trinity Industries (TRN) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TRN shares.
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3 analysts have issued twelve-month price objectives for Trinity Industries' stock. Their TRN share price targets range from $26.00 to $31.00. On average, they expect the company's share price to reach $29.00 in the next year. This suggests a possible upside of 10.5% from the stock's current price.
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Trinity Industries' stock was trading at $26.59 at the beginning of 2024. Since then, TRN stock has decreased by 1.3% and is now trading at $26.25.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
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Trinity Industries will be holding an earnings conference call on Wednesday, May 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "2896186".

Trinity Industries, Inc. (NYSE:TRN) issued its quarterly earnings data on Thursday, February, 22nd. The transportation company reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.16. The transportation company earned $797.90 million during the quarter, compared to analysts' expectations of $749.25 million. Trinity Industries had a net margin of 3.55% and a trailing twelve-month return on equity of 9.29%. Trinity Industries's revenue for the quarter was up 35.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.44 EPS.

Trinity Industries declared a quarterly dividend on Thursday, March 7th. Stockholders of record on Monday, April 15th will be given a dividend of $0.28 per share on Tuesday, April 30th. This represents a $1.12 annualized dividend and a yield of 4.27%. The ex-dividend date is Friday, April 12th.
Read our dividend analysis for TRN.

Trinity Industries (NYSE:TRN) pays an annual dividend of $1.12 per share and currently has a dividend yield of 4.29%. TRN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TRN will have a dividend payout ratio of 55.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRN.

ETFs with the largest weight of Trinity Industries (NYSE:TRN) stock in their portfolio include Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Industrials ETF (PSCI), Hypatia Women CEO ETF (WCEO) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).SPDR S&P 600 Small Cap ETF (SLY).

Trinity Industries's stock split on the morning of Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly issued shares were issued to shareholders after the market closes on Thursday, June 19th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Trinity Industries declared that its Board of Directors has initiated a share buyback plan on Thursday, December 8th 2022, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 10.1% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

Trinity Industries updated its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of 1.300-1.500 for the period, compared to the consensus estimate of 1.940. The company issued revenue guidance of -.

18 employees have rated Trinity Industries Chief Executive Officer Jean Savage on Glassdoor.com. Jean Savage has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Trinity Industries investors own include Gilead Sciences (GILD), Alibaba Group (BABA), General Electric (GE), Bank of America (BAC), Walt Disney (DIS), Greenbrier Companies (GBX), Micron Technology (MU), Intel (INTC), Starbucks (SBUX) and Pfizer (PFE).

Trinity Industries' stock is owned by many different retail and institutional investors. Top institutional investors include First National Bank of Mount Dora Trust Investment Services (0.04%), Los Angeles Capital Management LLC (0.03%), Atlantic Union Bankshares Corp (0.02%) and Criterion Capital Advisors LLC (0.00%). Insiders that own company stock include Brian D Madison, Eric R Marchetto, Gregory B Mitchell, Holdings LP Valueact, Jean Savage and Todd Maclin.
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Shares of TRN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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