S&P 500   4,981.80
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Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
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Palo Alto Networks aims at cyber security leadership
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The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
The Elites Are Waging War on Elon Musk — Here's Why… (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Bears covered shorts on this ETF, 3 stocks to pop on the shift
NYSE:TRN

Trinity Industries (TRN) Stock Price, News & Analysis

$26.54
+0.23 (+0.87%)
(As of 02/21/2024 ET)
Today's Range
$26.09
$26.61
50-Day Range
$23.82
$28.61
52-Week Range
$20.04
$28.86
Volume
484,603 shs
Average Volume
415,554 shs
Market Capitalization
$2.17 billion
P/E Ratio
29.82
Dividend Yield
4.22%
Price Target
$29.67

Trinity Industries MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
11.8% Upside
$29.67 Price Target
Short Interest
Bearish
2.74% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.79
Upright™ Environmental Score
News Sentiment
0.85mentions of Trinity Industries in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$320,301 Sold Last Quarter
Proj. Earnings Growth
64.17%
From $1.20 to $1.97 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.68 out of 5 stars

Transportation Sector

9th out of 110 stocks

Railroad Equipment Industry

1st out of 4 stocks


TRN stock logo

About Trinity Industries Stock (NYSE:TRN)

Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2022, it had a fleet of 108,440 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.

TRN Stock Price History

TRN Stock News Headlines

3 transportation stocks gearing up for a new rally (TRN)
Traders at the big banks are going to be jumping all over this industry, and we've found the attractive names for your consideration
Trinity Industries Q4 2023 Earnings Preview
Strange change at your bank
At least 41 major US banks have just made a drastic change to the way money in America works. It could have some major implications for you, your money and your retirement. But it’s crucial you understand what’s happening, before these changes get applied to your bank account.
Earnings Outlook For Trinity Industries
Trinity Industries (TRN) Scheduled to Post Earnings on Thursday
Trinity (TRN) to Report Q4 Earnings: What's in the Cards??
Strange change at your bank
At least 41 major US banks have just made a drastic change to the way money in America works. It could have some major implications for you, your money and your retirement. But it’s crucial you understand what’s happening, before these changes get applied to your bank account.
Ryder (R) Surpasses Q4 Earnings and Revenue Estimates
Herc Holdings (HRI) Lags Q4 Earnings and Revenue Estimates
Here's Why Investors Should Buy Trinity (TRN) Stock Now
TD Cowen Keeps Their Buy Rating on Trinity Industries (TRN)
Wells Fargo Reaffirms Their Buy Rating on Trinity Industries (TRN)
Trinity (TRN) Rewards Shareholders With 8% Dividend Hike
See More Headlines
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Company Calendar

Last Earnings
8/01/2023
Ex-Dividend for 1/31 Dividend
1/11/2024
Dividend Payable
1/31/2024
Today
2/21/2024
Next Earnings (Confirmed)
2/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroad equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
89652210
Employees
9,215
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.67
High Stock Price Target
$32.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+11.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$60.10 million
Pretax Margin
4.38%

Debt

Sales & Book Value

Annual Sales
$1.98 billion
Cash Flow
$4.37 per share
Book Value
$15.60 per share

Miscellaneous

Free Float
80,889,000
Market Cap
$2.17 billion
Optionable
Optionable
Beta
1.38
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Key Executives

  • Ms. E. Jean Savage (Age 59)
    President, CEO & Director
    Comp: $1.73M
  • Mr. Eric R. Marchetto (Age 54)
    Executive VP & CFO
    Comp: $959.25k
  • Mr. Kevin Poet (Age 57)
    Executive Vice President of Operations & Support Services
    Comp: $723.25k
  • Mr. Gregory B. Mitchell (Age 58)
    Executive VP & Chief Commercial Officer
    Comp: $736.77k
  • Mr. Steven L. McDowell (Age 62)
    VP & Chief Accounting Officer
  • Heidi Cox
    Chief Information Officer
  • Ms. Leigh Anne Mann
    Vice President of Investor Relations
  • Mr. Scott Ewing
    Executive Vice President & Chief Legal Officer
  • Matt Pittman
    Chief Compliance Officer & Head of ESG
  • Mr. R. Mark Cox (Age 56)
    Executive Vice President of Corporate Development














TRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Trinity Industries stock right now?

3 Wall Street equities research 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 equities research analysts is that investors should "moderate buy" TRN shares.
View TRN analyst ratings
or view top-rated stocks.

What is Trinity Industries' stock price target for 2024?

3 analysts have issued 12-month price objectives for Trinity Industries' shares. Their TRN share price targets range from $26.00 to $32.00. On average, they expect the company's stock price to reach $29.67 in the next year. This suggests a possible upside of 11.8% 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 2024?

Trinity Industries' stock was trading at $26.59 at the start of the year. Since then, TRN shares have decreased by 0.2% and is now trading at $26.54.
View the best growth stocks for 2024 here
.

Are investors shorting Trinity Industries?

Trinity Industries saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,090,000 shares, an increase of 30.6% from the December 31st total of 1,600,000 shares. Based on an average daily volume of 433,700 shares, the short-interest ratio is currently 4.8 days. Currently, 2.6% of the shares of the stock are short sold.
View Trinity Industries' Short Interest
.

When is Trinity Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our TRN earnings forecast
.

How can I listen to Trinity Industries' earnings call?

Trinity Industries will be holding an earnings conference call on Thursday, February 22nd 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 "2184903".

How were Trinity Industries' earnings last quarter?

Trinity Industries, Inc. (NYSE:TRN) announced its quarterly earnings results on Tuesday, August, 1st. The transportation company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.32 by $0.09. The transportation company earned $722 million during the quarter, compared to analyst estimates of $626.30 million. Trinity Industries had a net margin of 2.68% and a trailing twelve-month return on equity of 6.80%. The firm's revenue for the quarter was up 73.2% on a year-over-year basis. During the same quarter last year, the business earned $0.14 earnings per share.

How often does Trinity Industries pay dividends? What is the dividend yield for Trinity Industries?

Trinity Industries announced a quarterly dividend on Wednesday, December 6th. Investors of record on Friday, January 12th will be given a dividend of $0.28 per share on Wednesday, January 31st. This represents a $1.12 annualized dividend and a dividend yield of 4.22%. The ex-dividend date is Thursday, January 11th. This is a boost from the stock's previous quarterly dividend of $0.26.
Read our dividend analysis for TRN
.

Is Trinity Industries a good dividend stock?

Trinity Industries (NYSE:TRN) pays an annual dividend of $1.12 per share and currently has a dividend yield of 4.22%. 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 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 125.84%. 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 56.85% 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 shares 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.

How will Trinity Industries' stock buyback program work?

Trinity Industries announced that its board has authorized a stock buyback plan on Thursday, December 8th 2022, 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 10.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

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).

Who are Trinity Industries' major shareholders?

Trinity Industries' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.82%), Capital International Investors (10.56%), Dimensional Fund Advisors LP (7.40%), Jennison Associates LLC (4.51%), Charles Schwab Investment Management Inc. (1.54%) and Gamco Investors INC. ET AL (1.51%). Insiders that own company stock include Brian D Madison, Eric R Marchetto, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TRN) was last updated on 2/22/2024 by MarketBeat.com Staff