About Trinity Industries (NYSE:TRN)
Trinity Industries, Inc. is a diversified industrial company that owns businesses providing products and services to the energy, chemical, agriculture, transportation and construction sectors. The Company's products and services include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; construction aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products. The Company's segments include the Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other. Its All Other segment includes its captive insurance and transportation companies, and other peripheral businesses. It manufactures a line of railcars, including autorack cars, box cars, covered hopper cars, gondola cars, intermodal cars, open hopper cars and tank cars.
Industry, Sector and Symbol:
- Sector: Industrials
- Industry: Industrial Conglomerates
- Sub-Industry: Construction & Farm Machinery & Heavy Trucks
- Symbol: NYSE:TRN
- CUSIP: 89652210
- Web: trinityindustries.com/
- Market Cap: $5.22 billion
- Outstanding Shares: 151,335,000
- 50 Day Moving Avg: $31.85
- 200 Day Moving Avg: $28.41
- 52 Week Range: $20.80 - $35.97
Sales & Book Value:
- Trailing P/E Ratio: 21.27
- Foreward P/E Ratio: 27.35
- P/E Growth: 2.78
- Annual Revenue: $4 billion
- Price / Sales: 1.30
- Book Value: $25.99 per share
- Price / Book: 1.33
- Annual Dividend: $0.52
- Dividend Yield: 1.5%
- EBITDA: $858.5 million
- Net Margins: 5.96%
- Return on Equity: 5.09%
- Return on Assets: 2.33%
- Debt-to-Equity Ratio: 0.76%
- Current Ratio: 3.71%
- Quick Ratio: 2.63%
- Average Volume: 1.27 million shs.
- Beta: 2.19
- Short Ratio: 6.33
Frequently Asked Questions for Trinity Industries (NYSE:TRN)
What is Trinity Industries' stock symbol?
Trinity Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRN."
How often does Trinity Industries pay dividends? What is the dividend yield for Trinity Industries?
Trinity Industries announced a quarterly dividend on Wednesday, September 6th. Shareholders of record on Friday, October 13th will be given a dividend of $0.13 per share on Tuesday, October 31st. This represents a $0.52 annualized dividend and a yield of 1.51%. The ex-dividend date is Thursday, October 12th. View Trinity Industries' Dividend History.
When did Trinity Industries' stock split? How did Trinity Industries' stock split work?
Trinity Industries shares split on the morning of Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly created shares were issued to shareholders after the market closes 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.
How were Trinity Industries' earnings last quarter?
Trinity Industries Inc (NYSE:TRN) announced its quarterly earnings data on Tuesday, July, 25th. The company reported $0.33 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.02. The company earned $905.50 million during the quarter, compared to analyst estimates of $947.40 million. Trinity Industries had a return on equity of 5.09% and a net margin of 5.96%. The company's quarterly revenue was down 23.6% compared to the same quarter last year. During the same period last year, the company posted $0.62 earnings per share. View Trinity Industries' Earnings History.
When will Trinity Industries make its next earnings announcement?
What guidance has Trinity Industries issued on next quarter's earnings?
Trinity Industries issued an update on its FY17 earnings guidance on Tuesday, July, 25th. The company provided earnings per share guidance of $1.10-1.30 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.18.
Where is Trinity Industries' stock going? Where will Trinity Industries' stock price be in 2017?
7 analysts have issued 12 month price targets for Trinity Industries' stock. Their forecasts range from $11.00 to $42.00. On average, they expect Trinity Industries' stock price to reach $34.29 in the next twelve months. View Analyst Ratings for Trinity Industries.
Who are some of Trinity Industries' key competitors?
Some companies that are related to Trinity Industries include Ashtead Group plc (AHT), Intertek Group plc (ITRK), Worldpay Group PLC (WPG), Bunzl plc (BNZL), Servicemaster Global Holdings (SERV), Smiths Group plc (SMIN), Rentokil Initial plc (RTO), Watsco (WSO.B), easyJet plc (EZJ), Bombardier (BDRBF), Schneider National (SNDR), Weir Group PLC (WEIR), Halma plc (HLMA), G4S plc (GFS), Melrose Industries PLC (MRO), Babcock International Group PLC (BAB), Spirax-Sarco Engineering plc (SPX) and Terex (TEX).
Who are Trinity Industries' key executives?
Trinity Industries' management team includes the folowing people:
- Timothy R. Wallace, Chairman of the Board, President, Chief Executive Officer
- James E. Perry, Chief Financial Officer, Senior Vice President
- Melendy E. Lovett CPA, Senior Vice President, Chief Administrative Officer
- William A. McWhirter II, Senior Vice President, Group President
- Stephen D. Menzies, Senior Vice President; Group President
- Schuyler Theis Rice, Senior Vice President, Chief Legal Officer
- John L. Adams, Independent Director
- Rhys J. Best, Independent Director
- David W. Biegler, Independent Director
- Antonio Carrillo, Independent Director
Who owns Trinity Industries stock?
Trinity Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include
VA PARTNERS I, LLC
(11.00%), Diamond Hill Capital Management Inc. (0.78%), Nationwide Fund Advisors (0.20%), BB&T Corp (0.19%), Mutual of America Capital Management LLC (0.08%) and First National Bank of Mount Dora Trust Investment Services (0.07%). Company insiders that own Trinity Industries stock include D Stephen Menzies, Holdings LP Valueact and Valueact Capital Master Fund,. View Institutional Ownership Trends for Trinity Industries.
Who sold Trinity Industries stock? Who is selling Trinity Industries stock?
Trinity Industries' stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., State Treasurer State of Michigan, BB&T Corp, Park National Corp OH, Fulton Bank N.A., First National Bank of Mount Dora Trust Investment Services and Mutual of America Capital Management LLC. View Insider Buying and Selling for Trinity Industries.
Who bought Trinity Industries stock? Who is buying Trinity Industries stock?
Trinity Industries' stock was acquired by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Nationwide Fund Advisors, Fox Run Management L.L.C. and Quantitative Systematic Strategies LLC. Company insiders that have bought Trinity Industries stock in the last two years include Holdings LP Valueact and Valueact Capital Master Fund,. View Insider Buying and Selling for Trinity Industries.
How do I buy Trinity Industries stock?
Shares of Trinity Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Trinity Industries' stock price today?
MarketBeat Community Rating for Trinity Industries (NYSE TRN)MarketBeat's community ratings are surveys of what our community members think about Trinity Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Trinity Industries stock can currently be purchased for approximately $34.46.
Consensus Ratings for Trinity Industries (NYSE:TRN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 1 Hold Rating, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.57)|
|Consensus Price Target: ||$34.29 (0.51% downside)|Consensus Price Target History for Trinity Industries (NYSE:TRN)
Analysts' Ratings History for Trinity Industries (NYSE:TRN)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||Cowen and Company||Reiterated Rating||Buy||$31.00 -> $39.00||N/A|
|10/3/2017||Stephens||Reiterated Rating||Equal Weight||$29.00 -> $35.00||Low|
|10/2/2017||Buckingham Research||Boost Price Target||Buy||$34.00 -> $36.00||Low|
|10/2/2017||KeyCorp||Reiterated Rating||Buy||$34.00 -> $41.00||Medium|
|10/1/2017||Stifel Nicolaus||Reiterated Rating||Buy||$31.00 -> $42.00||High|
|9/29/2017||Citigroup Inc.||Upgrade||Neutral -> Buy||$45.00 -> $36.00||Medium|
|7/26/2017||Axiom Securities||Reiterated Rating||Sell||High|
|9/19/2016||Wells Fargo & Company||Reiterated Rating||Hold||$22.00||N/A|
|7/25/2016||Susquehanna Bancshares Inc||Downgrade||Positive -> Neutral||$23.00 -> $24.00||N/A|
|6/20/2016||Longbow Research||Downgrade||Buy -> Neutral||N/A|
|2/19/2016||BB&T Corporation||Downgrade||Buy -> Underweight||N/A|
|2/2/2016||Avondale Partners||Reiterated Rating||Market Perform||N/A|
Earnings History for Trinity Industries (NYSE:TRN)Earnings History by Quarter for Trinity Industries (NYSE TRN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$0.31||$0.33||$947.40 million||$905.50 million||View||N/A|
|4/25/2017||Q1 2017||$0.28||$0.30||$904.66 million||$877.30 million||View||N/A|
|2/16/2017||Q416||$0.37||$0.44||$1.11 billion||$1.10 billion||View||N/A|
|10/26/2016||Q3||$0.52||$0.55||$1.24 billion||$1.11 billion||View||N/A|
|7/21/2016||Q2||$0.48||$0.62||$1.18 billion||$1.18 billion||View||N/A|
|4/21/2016||Q116||$0.70||$0.64||$1.34 billion||$1.19 billion||View||N/A|
|2/18/2016||Q415||$1.09||$1.30||$1.59 billion||$1.55 billion||View||Listen|
|10/22/2015||Q3||$1.16||$1.31||$1.76 billion||$1.54 billion||View||Listen|
|7/23/2015||Q2||$1.09||$1.33||$1.74 billion||$1.68 billion||View||Listen|
|4/23/2015||Q115||$0.96||$1.13||$1.58 billion||$1.63 billion||View||N/A|
|2/18/2015||Q414||$0.83||$0.86||$1.62 billion||$1.66 billion||View||N/A|
|10/28/2014||Q314||$0.85||$0.90||$1.50 billion||$1.56 billion||View||N/A|
|7/29/2014||Q214||$0.77||$1.01||$1.35 billion||$1.49 billion||View||N/A|
|4/29/2014||Q114||$2.54||$2.85||$1.33 billion||$1.46 billion||View||N/A|
|2/19/2014||Q413||$1.41||$1.44||$1.22 billion||$1.26 billion||View||N/A|
|10/30/2013||Q313||$1.16||$1.26||$1.14 billion||$1.11 billion||View||N/A|
|7/31/2013||Q2 2013||$0.95||$1.06||$1.02 billion||$1.07 billion||View||N/A|
|4/30/2013||Q1 2013||$0.81||$0.91||$973.84 million||$932.90 million||View||N/A|
|2/20/2013||Q4 2012||$0.84||$0.90||$1.03 billion||$1.01 billion||View||N/A|
|10/24/2012||Q312||$0.79||$0.80||$1,000.00 million||$937.50 million||View||N/A|
Earnings Estimates for Trinity Industries (NYSE:TRN)
2017 EPS Consensus Estimate: $1.24
2018 EPS Consensus Estimate: $1.49
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Trinity Industries (NYSE:TRN)
|Dividend Growth:||20.70% (3 Year Average)|
|Payout Ratio:||32.10% (Trailing 12 Months of Earnings) |
42.28% (Based on This Year's Estimates)
41.27% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Trinity Industries (NYSE TRN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Trinity Industries (NYSE:TRN)
Insider Ownership Percentage: 2.00%Insider Trades by Quarter for Trinity Industries (NYSE:TRN)
Institutional Ownership Percentage: 80.65%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/8/2017||Valueact Capital Master Fund,||Major Shareholder||Buy||54,055||$28.46||$1,538,405.30|| |
|8/31/2017||Valueact Capital Master Fund,||Major Shareholder||Buy||248,941||$28.65||$7,132,159.65|| |
|8/23/2017||Valueact Capital Master Fund,||Major Shareholder||Buy||5,100||$28.41||$144,891.00|| |
|8/22/2017||Valueact Capital Master Fund,||Major Shareholder||Buy||375,000||$28.15||$10,556,250.00|| |
|8/17/2017||Valueact Capital Master Fund,||Major Shareholder||Buy||403,000||$28.48||$11,477,440.00|| |
|8/11/2017||Valueact Capital Master Fund,||Major Shareholder||Buy||202,500||$28.47||$5,765,175.00|| |
|8/9/2017||Valueact Capital Master Fund,||Major Shareholder||Buy||60,819||$28.39||$1,726,651.41|| |
|8/8/2017||Holdings L.P. Valueact||Major Shareholder||Buy||7,114||$28.50||$202,749.00|| |
|8/7/2017||Holdings L.P. Valueact||Major Shareholder||Buy||30,000||$28.30||$849,000.00|| |
|8/4/2017||Holdings L.P. Valueact||Major Shareholder||Buy||55,700||$28.05||$1,562,385.00|| |
|8/3/2017||Holdings L.P. Valueact||Major Shareholder||Buy||167,395||$27.51||$4,605,036.45|| |
|8/2/2017||Holdings L.P. Valueact||Major Shareholder||Buy||100,000||$27.38||$2,738,000.00|| |
|6/5/2017||D Stephen Menzies||Insider||Sell||27,742||$26.11||$724,343.62|| |
|11/4/2016||Valueact Capital Master Fund,||Major Shareholder||Buy||461,605||$21.17||$9,772,177.85|| |
|11/2/2015||D Stephen Menzies||SVP||Sell||101,296||$27.46||$2,781,588.16|| |
|5/5/2015||Timothy R Wallace||CEO||Buy||20,000||$29.44||$588,800.00|| |
|8/27/2014||David W Biegler||Director||Sell||7,500||$48.80||$366,000.00|| |
|8/8/2014||D Stephen Menzies||SVP||Sell||69,468||$42.45||$2,948,916.60|| |
|8/1/2014||D Stephen Menzies||SVP||Sell||34,676||$44.02||$1,526,437.52|| |
|3/5/2014||D Stephen Menzies||SVP||Sell||13,871||$73.04||$1,013,137.84|| |
|5/31/2013||D Stephen Menzies||SVP||Sell||5,587||$41.63||$232,586.81|| |
|5/22/2013||D Stephen Menzies||SVP||Sell||18,228||$42.33||$771,591.24|| |
Headline Trends for Trinity Industries (NYSE:TRN)
Latest Headlines for Trinity Industries (NYSE:TRN)
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Trinity Industries (TRN) Chart for Monday, October, 23, 2017