Trinity Industries Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Trinity Industries stock.
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3 Wall Street analysts have issued 12-month price objectives for Trinity Industries' shares. Their TRN stock forecasts range from $26.29 to $36.00. On average, they anticipate Trinity Industries' share price to reach $32.76 in the next year. This suggests a possible upside of 33.7% from the stock's current price.
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Trinity Industries' stock was trading at $30.20 at the beginning of the year. Since then, TRN shares have decreased by 18.8% and is now trading at $24.51.
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Trinity Industries is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
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Trinity Industries, Inc. (NYSE:TRN) issued its quarterly earnings data on Wednesday, April, 27th. The transportation company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.13. The transportation company earned $472.70 million during the quarter, compared to analyst estimates of $491 million. Trinity Industries had a trailing twelve-month return on equity of 3.77% and a net margin of 9.78%. The firm's revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.07 earnings per share.
View Trinity Industries' earnings history.

Trinity Industries announced a quarterly dividend on Tuesday, May 10th. Shareholders of record on Friday, July 15th will be paid a dividend of $0.23 per share on Friday, July 29th. This represents a $0.92 annualized dividend and a yield of 3.75%. The ex-dividend date of this dividend is Thursday, July 14th.
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Trinity Industries(NYSE:TRN) pays an annual dividend of $0.92 per share and currently has a dividend yield of 3.86%. Trinity Industries has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Trinity Industries is 50.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Trinity Industries will have a dividend payout ratio of 46.00% next year. This indicates that Trinity Industries will be able to sustain or increase its dividend.
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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 minted shares were distributed to shareholders after the closing bell on Thursday, June 19th 2014. An investor that had 100 shares of Trinity Industries stock prior to the split would have 200 shares after the split.

Trinity Industries announced that its board has authorized a stock buyback program on Wednesday, September 8th 2021, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board believes its shares are undervalued.

Trinity Industries updated its FY22 earnings guidance on Wednesday, April, 27th. The company provided EPS guidance of $0.85-1.05 for the period, compared to the consensus EPS estimate of $1.15.

18 employees have rated Trinity Industries CEO Jean Savage on Glassdoor.com. Jean Savage has an approval rating of 77% among Trinity Industries' employees.

Some companies that are related to Trinity Industries include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Meritor (MTOR), Federal Signal (FSS), Terex (TEX), Alamo Group (ALG), Lindsay (LNN), Greenbrier Companies (GBX) and Titan International (TWI).
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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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRN."

Trinity Industries' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital International Investors (15.35%), BlackRock Inc. (10.95%), Vanguard Group Inc. (9.95%), Dimensional Fund Advisors LP (7.13%), Jennison Associates LLC (3.25%) and State Street Corp (3.12%). Company insiders that own Trinity Industries stock include Brandon B Boze, Brian D Madison, Gregory B Mitchell, Holdings LP Valueact, Jean Savage, John L Adams, Melendy E Lovett and Todd Maclin.
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TRN stock was sold by a variety of institutional investors in the last quarter, including Kempen Capital Management N.V., American Century Companies Inc., Zuckerman Investment Group LLC, Invesco Ltd., State Street Corp, Mirae Asset Global Investments Co. Ltd., Mirae Asset Global Investments Co. Ltd., and Dimensional Fund Advisors LP. Company insiders that have sold Trinity Industries company stock in the last two years include Brian D Madison, Gregory B Mitchell, Holdings LP Valueact, John L Adams, and Melendy E Lovett.
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TRN stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Victory Capital Management Inc., Russell Investments Group Ltd., Wellington Management Group LLP, State of New Jersey Common Pension Fund D, Bank of America Corp DE, Raymond James & Associates, and Goldman Sachs Group Inc..
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Shares of TRN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TRN stock can currently be purchased for approximately $24.51.

Trinity Industries (NYSE:TRN) has a market capitalization of $2.04 billion and generates $1.52 billion in revenue each year. The transportation company earns $182 million in net income (profit) each year or $1.81 on an earnings per share basis.

Trinity Industries employs 2,000 workers across the globe.

Trinity Industries' mailing address is 2525 NORTH STEMMONS FREEWAY, DALLAS TX, 75207. The official website for Trinity Industries is www.trin.net. The transportation company can be reached via phone at (214) 631-4420, via email at [email protected], or via fax at 214-589-8824.