NYSE:TRN Trinity Industries (TRN) Stock Forecast, Price & News $22.78 +1.32 (+6.15%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$21.79▼$22.8950-Day Range$20.61▼$24.5452-Week Range$20.07▼$31.68Volume355,693 shsAverage Volume453,959 shsMarket Capitalization$1.85 billionP/E Ratio29.21Dividend Yield4.57%Price Target$27.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Trinity Industries MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside18.5% Upside$27.00 Price TargetShort InterestHealthy2.24% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.79Upright™ Environmental ScoreNews Sentiment0.59Based on 6 Articles This WeekInsider TradingAcquiring Shares$295,043 Bought Last QuarterProj. Earnings Growth14.57%From $1.51 to $1.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.60 out of 5 starsTransportation Sector23rd out of 120 stocksRailroad Equipment Industry1st out of 4 stocks 2.1 Analyst's Opinion Consensus RatingTrinity Industries has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.00, Trinity Industries has a forecasted upside of 18.5% from its current price of $22.78.Amount of Analyst CoverageTrinity Industries has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.24% of the float of Trinity Industries has been sold short.Short Interest Ratio / Days to CoverTrinity Industries has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Trinity Industries has recently increased by 2.87%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend LeadershipTrinity Industries is a leading dividend payer. It pays a dividend yield of 4.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTrinity Industries has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Trinity Industries is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Trinity Industries will have a dividend payout ratio of 60.12% next year. This indicates that Trinity Industries will be able to sustain or increase its dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTrinity Industries has received a 22.51% net impact score from Upright. Trinity Industries seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Railway vehicle repair and maintenance", "Railroad car and locomotive leasing", and "Train interiors" products. See details.Environmental SustainabilityThe Environmental Impact score for Trinity Industries is -1.79. Previous Next 2.6 News and Social Media Coverage News SentimentTrinity Industries has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Trinity Industries this week, compared to 3 articles on an average week.MarketBeat Follows3 people have added Trinity Industries to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Trinity Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought $295,043.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.20% of the stock of Trinity Industries is held by insiders.Percentage Held by Institutions86.23% of the stock of Trinity Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Trinity Industries are expected to grow by 14.57% in the coming year, from $1.51 to $1.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trinity Industries is 29.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Trinity Industries is 29.21, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 25.87.Price to Book Value per Share RatioTrinity Industries has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Trinity Industries (NYSE:TRN) StockTrinity Industries, Inc. engages in the provision of rail transportation products and services in North America. It operates through the following segments: Railcar Leasing and Management Services Group, Rail Products Group and All Other. The Railcar Leasing and Management Services Group segment provides railcar industry services. The Rail Products Group segment includes the results of heads business. The All Other segment includes the results of highway products business. The company was founded in 1933 and is headquartered in Dallas, TX.Read More Receive TRN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Trinity Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address TRN Stock News HeadlinesJune 1, 2023 | finance.yahoo.comWhy Is Trinity Industries (TRN) Down 2.8% Since Last Earnings Report?May 31, 2023 | finance.yahoo.comTRN - Trinity Industries, Inc.June 3, 2023 | Behind the Markets (Ad)"How war impacts the stock market"Russia's invasion of Ukraine has already sent the stock market down 10%. But that's just the opening act for the new Russia-China Alliance. There's a major event involving China that's heating up... and it could boil over as soon as April 16th, 2023. Click Here to Learn How to Protect Your RetirementMay 31, 2023 | msn.comTrinity Industries: Ramping Up And Growing MarginsMay 28, 2023 | americanbankingnews.comTrinity Industries, Inc. (NYSE:TRN) Receives $27.00 Consensus Target Price from AnalystsMay 20, 2023 | americanbankingnews.comZacks Research Weighs in on Trinity Industries, Inc.'s Q2 2023 Earnings (NYSE:TRN)May 19, 2023 | americanbankingnews.comTrinity Industries, Inc. (NYSE:TRN) to Post FY2024 Earnings of $1.54 Per Share, Zacks Research ForecastsMay 18, 2023 | americanbankingnews.comTrinity Industries (NYSE:TRN) Research Coverage Started at StockNews.comJune 3, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. May 17, 2023 | finance.yahoo.comTrinity Industries, Inc. Announces Second Quarter 2023 Investor Conference ScheduleMay 10, 2023 | marketwatch.comHow To Trade Trinity Industries $TRNMay 8, 2023 | finance.yahoo.comIn the wake of Trinity Industries, Inc.'s (NYSE:TRN) latest US$187m market cap drop, institutional owners may be forced to take severe actionsMay 7, 2023 | americanbankingnews.comTrinity Industries, Inc. to Post Q2 2023 Earnings of $0.26 Per Share, KeyCorp Forecasts (NYSE:TRN)May 6, 2023 | americanbankingnews.comKeyCorp Brokers Cut Earnings Estimates for Trinity Industries, Inc. (NYSE:TRN)May 5, 2023 | americanbankingnews.comTrinity Industries (NYSE:TRN) PT Lowered to $22.00May 5, 2023 | americanbankingnews.comTrinity Industries, Inc. (NYSE:TRN) Given Consensus Recommendation of "Hold" by AnalystsMay 4, 2023 | americanbankingnews.comTrinity Industries (NYSE:TRN) Hits New 52-Week Low Following Weak EarningsMay 3, 2023 | msn.comWells Fargo Maintains Trinity Industries (TRN) Overweight RecommendationMay 3, 2023 | msn.comSusquehanna Maintains Trinity Industries (TRN) Neutral RecommendationMay 3, 2023 | finance.yahoo.comTrinity (TRN) Q1 Earnings Miss Estimates, Revenues BeatMay 3, 2023 | finance.yahoo.comQ1 2023 Trinity Industries Inc Earnings CallMay 2, 2023 | markets.businessinsider.comTrinity Industries Slips 13% As Q1 Earnings Missed ViewMay 2, 2023 | msn.comWhy Trinity Industries Shares Are Tumbling TodayMay 2, 2023 | seekingalpha.comTrinity Industries, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 2, 2023 | finance.yahoo.comTrinity Industries, Inc. Announces First Quarter 2023 ResultsMay 1, 2023 | americanbankingnews.comTrinity Industries (TRN) Scheduled to Post Earnings on TuesdayApril 25, 2023 | 247wallst.comUnusual Call Option Trade in Trinity Industries Worth $62.56KSee More Headlines TRN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRN Company Calendar Ex-Dividend for 4/28 Dividend4/13/2023Dividend Payable4/28/2023Last Earnings5/02/2023Today6/02/2023Ex-Dividend for 7/31 Dividend7/13/2023Next Earnings (Estimated)7/26/2023Dividend Payable7/31/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Railroad equipment Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorTransportation Current SymbolNYSE:TRN CUSIP89652210 CIK99780 Webwww.trin.net Phone(214) 631-4420Fax214-589-8824Employees9,215Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.00 High Stock Price Forecast$30.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+18.5%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.78 Trailing P/E Ratio29.21 Forward P/E Ratio15.09 P/E GrowthN/ANet Income$60.10 million Net Margins3.04% Pretax Margin5.54% Return on Equity6.61% Return on Assets0.96% Debt Debt-to-Equity Ratio4.56 Current Ratio1.80 Quick Ratio0.72 Sales & Book Value Annual Sales$1.98 billion Price / Sales0.93 Cash Flow$4.71 per share Price / Cash Flow4.84 Book Value$15.41 per share Price / Book1.48Miscellaneous Outstanding Shares81,150,000Free Float80,175,000Market Cap$1.85 billion OptionableOptionable Beta1.38 Key ExecutivesE. Jean SavagePresident, Chief Executive Officer & DirectorKevin PoetExecutive Vice President-Operations & SupportEric R. MarchettoChief Financial Officer & Executive Vice PresidentStephen W. SmithChief Technical Officer & Vice PresidentW. Relle HowardChief Information Officer & Vice PresidentKey CompetitorsGreenbrier CompaniesNYSE:GBXMarten TransportNASDAQ:MRTNCorporación América AirportsNYSE:CAAPFrontier GroupNASDAQ:ULCCAllegiant TravelNASDAQ:ALGTView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 43,347 shares on 5/26/2023Ownership: 0.425%Ameriprise Financial Inc.Bought 11,474 shares on 5/22/2023Ownership: 0.465%JPMorgan Chase & Co.Bought 46,265 shares on 5/18/2023Ownership: 0.202%New York State Common Retirement FundSold 17,092 shares on 5/18/2023Ownership: 0.053%Advisory Services Network LLCBought 1,100 shares on 5/17/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions TRN Stock - Frequently Asked Questions Should I buy or sell Trinity Industries stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRN, but not buy additional shares or sell existing shares. View TRN analyst ratings or view top-rated stocks. What is Trinity Industries' stock price forecast for 2023? 4 brokerages have issued 12 month target prices for Trinity Industries' shares. Their TRN share price forecasts range from $22.00 to $30.00. On average, they predict the company's stock price to reach $27.00 in the next year. This suggests a possible upside of 18.5% from the stock's current price. View analysts price targets for TRN or view top-rated stocks among Wall Street analysts. How have TRN shares performed in 2023? Trinity Industries' stock was trading at $29.57 at the beginning of 2023. Since then, TRN stock has decreased by 23.0% and is now trading at $22.78. View the best growth stocks for 2023 here. When is Trinity Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our TRN earnings forecast. How were Trinity Industries' earnings last quarter? Trinity Industries, Inc. (NYSE:TRN) announced its quarterly earnings data on Tuesday, May, 2nd. The transportation company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.25. The transportation company earned $641.70 million during the quarter, compared to the consensus estimate of $654.63 million. Trinity Industries had a trailing twelve-month return on equity of 6.61% and a net margin of 3.04%. The business's revenue for the quarter was up 35.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.03 earnings per share. How often does Trinity Industries pay dividends? What is the dividend yield for Trinity Industries? Trinity Industries declared a quarterly dividend on Tuesday, May 9th. Stockholders of record on Friday, July 14th will be given a dividend of $0.01 per share on Monday, July 31st. This represents a $0.04 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date is Thursday, July 13th. Read our dividend analysis for TRN. What ETFs hold Trinity Industries' stock? ETFs with the largest weight of Trinity Industries (NYSE:TRN) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), ProShares Russell 2000 Dividend Growers ETF (SMDV), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Is Trinity Industries a good dividend stock? Trinity Industries (NYSE:TRN) pays an annual dividend of $1.04 per share and currently has a dividend yield of 4.92%. 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 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 133.33%. 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 60.12% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TRN. When did Trinity Industries' stock split? Trinity Industries's stock split before market open on 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. How will Trinity Industries' stock buyback program work? Trinity Industries declared that its board has authorized a share repurchase program on Thursday, December 8th 2022, which authorizes the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 10.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued. What guidance has Trinity Industries issued on next quarter's earnings? Trinity Industries updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $1.50-$1.70 for the period, compared to the consensus EPS estimate of $1.64. The company issued revenue guidance of -. What is Jean Savage's approval rating as Trinity Industries' CEO? 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. What other stocks do shareholders of Trinity Industries own? 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). What is Trinity Industries' stock symbol? Trinity Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRN." Who are Trinity Industries' major shareholders? Trinity Industries' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.60%), Dimensional Fund Advisors LP (7.35%), Jennison Associates LLC (5.52%), State Street Corp (3.66%), Geode Capital Management LLC (1.91%) and Bank of New York Mellon Corp (1.51%). Insiders that own company stock include Brian D Madison, Gregory B Mitchell, Holdings LP Valueact, Jean Savage, John L Adams, Melendy E Lovett and Todd Maclin. View institutional ownership trends. How do I buy shares of Trinity Industries? Shares of TRN stock 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. Compare Top Brokerages Here. What is Trinity Industries' stock price today? One share of TRN stock can currently be purchased for approximately $22.78. How much money does Trinity Industries make? Trinity Industries (NYSE:TRN) has a market capitalization of $1.85 billion and generates $1.98 billion in revenue each year. The transportation company earns $60.10 million in net income (profit) each year or $0.78 on an earnings per share basis. How many employees does Trinity Industries have? The company employs 9,215 workers across the globe. How can I contact Trinity Industries? Trinity Industries' mailing address is 2525 NORTH STEMMONS FREEWAY, DALLAS TX, 75207. The official website for the company is www.trin.net. The transportation company can be reached via phone at (214) 631-4420, via email at trinityinvestorrelations@trin.net, or via fax at 214-589-8824. This page (NYSE:TRN) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Trinity Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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