NYSE:TRN Trinity Industries (TRN) Stock Forecast, Price & News $24.81 +0.22 (+0.89%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$24.58▼$25.0250-Day Range$23.38▼$26.8752-Week Range$20.07▼$31.68Volume306,701 shsAverage Volume416,322 shsMarket Capitalization$2.03 billionP/E Ratio26.39Dividend Yield4.19%Price Target$29.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Trinity Industries MarketRank™ ForecastAnalyst RatingHold2.25 Rating ScoreUpside/Downside16.9% Upside$29.00 Price TargetShort InterestBearish1.92% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.79Upright™ Environmental ScoreNews Sentiment1.07Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth35.07%From $1.34 to $1.81 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.2.43 out of 5 starsTransportation Sector51st out of 114 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 $29.00, Trinity Industries has a forecasted upside of 16.9% from its current price of $24.81.Amount of Analyst CoverageTrinity Industries has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.92% 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 4.9.Change versus previous monthShort interest in Trinity Industries has recently increased by 13.14%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipTrinity Industries is a leading dividend payer. It pays a dividend yield of 4.10%, 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 110.64%. 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 57.46% 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 2.3 News and Social Media Coverage News SentimentTrinity Industries has a news sentiment score of 1.07. 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 is a higher news sentiment than the 0.75 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Trinity Industries this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for TRN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Trinity Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Trinity Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.20% of the stock of Trinity Industries is held by insiders.Percentage Held by Institutions82.23% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Trinity Industries are expected to grow by 35.07% in the coming year, from $1.34 to $1.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Trinity Industries is 26.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Trinity Industries is 26.39, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 11.56.Price to Book Value per Share RatioTrinity Industries has a P/B Ratio of 1.59. 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. 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.Read More TRN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRN Stock News HeadlinesSeptember 20, 2023 | marketbeat.comMarkets Are Loving These Stocks 'Firing On All Cylinders'These are the three stocks pumping out growth left and right, which is exactly what markets are looking for in this lackluster economy.September 6, 2023 | marketbeat.com3 Reasons Oshkosh Stock is Headed to New Heights (TRN)Shares of industrial company Oshkosh Corporation have been climbing to new heights and are up nearly 40% since June 1st — and may not be done yet.September 27, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 27, 2023 | americanbankingnews.comTrinity Industries, Inc. (NYSE:TRN) Receives Consensus Rating of "Hold" from BrokeragesSeptember 26, 2023 | finance.yahoo.comShould You Be Worried About Trinity Industries, Inc.'s (NYSE:TRN) 9.0% Return On Equity?September 11, 2023 | benzinga.comAssessing the Situation: Miller Industries Responds to Investor Concerns with Thoughtful AdjustmentsAugust 31, 2023 | finance.yahoo.comWhy Is Trinity Industries (TRN) Down 6.9% Since Last Earnings Report?August 30, 2023 | msn.comTrinity Industries (TRN) Price Target Increased by 8.26% to 30.09September 27, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.August 28, 2023 | seekingalpha.comTrinity Industries Vs. 20-Year BondsAugust 26, 2023 | finance.yahoo.comTrinity Industries, Inc. (TTA.F)August 16, 2023 | seekingalpha.comTrinity Industries Q2 Earnings: Rolling AlongAugust 16, 2023 | finance.yahoo.comInvesting in Trinity Industries (NYSE:TRN) five years ago would have delivered you a 13% gainAugust 3, 2023 | markets.businessinsider.comTD Cowen Reaffirms Their Buy Rating on Trinity Industries (TRN)August 3, 2023 | finance.yahoo.comTrinity (TRN) Shares Rise 3.4% Despite Q2 Earnings MissAugust 2, 2023 | finance.yahoo.comWith EPS Growth And More, Trinity Industries (NYSE:TRN) Makes An Interesting CaseAugust 2, 2023 | finance.yahoo.comQ2 2023 Trinity Industries Inc Earnings CallAugust 1, 2023 | finanznachrichten.deTrinity Industries, Inc. Announces Second Quarter 2023 ResultsAugust 1, 2023 | markets.businessinsider.comTrinity Industries Q2 Profit Increases, but misses estimatesJuly 26, 2023 | finance.yahoo.comRyder (R) Q2 Earnings Surpass EstimatesJune 28, 2023 | businesswire.comTrinity Industries, Inc. Announces Pricing of Senior Notes OfferingJune 26, 2023 | markets.businessinsider.comTrinity Industries Plans To Offer $400.0 Mln Of Senior Notes Due 2028June 26, 2023 | finance.yahoo.comTrinity Industries, Inc. Announces Launch of Senior Notes OfferingJune 21, 2023 | finance.yahoo.comHere's Why Investors Should Give Trinity (TRN) a Miss NowJune 16, 2023 | thestreet.comOne Factor Bringing Trinity Industries (TRN) Stock Down TodayJune 12, 2023 | finance.yahoo.comTrinity Industries, Inc. to Present at the 2023 Wells Fargo Industrials ConferenceJune 6, 2023 | seekingalpha.comTrinity Industries: Paying You Less While Borrowing MoreSee More Headlines 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 Company Calendar Ex-Dividend for 7/31 Dividend7/13/2023Dividend Payable7/31/2023Last Earnings8/01/2023Today9/27/2023Ex-Dividend for 10/31 Dividend10/12/2023Next Earnings (Estimated)10/24/2023Dividend Payable10/31/2023Fiscal 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$29.00 High Stock Price Forecast$31.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+17.2%Consensus RatingHold Rating Score (0-4)2.25 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.94 Trailing P/E Ratio26.32 Forward P/E Ratio18.46 P/E GrowthN/ANet Income$60.10 million Net Margins3.20% Pretax Margin5.20% Return on Equity7.20% Return on Assets1.03% Debt Debt-to-Equity Ratio4.67 Current Ratio1.78 Quick Ratio0.81 Sales & Book Value Annual Sales$1.98 billion Price / Sales1.02 Cash Flow$4.27 per share Price / Cash Flow5.80 Book Value$15.60 per share Price / Book1.59Miscellaneous Outstanding Shares81,850,000Free Float80,872,000Market Cap$2.02 billion OptionableOptionable Beta1.42 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMs. E. Jean Savage (Age 59)Pres, CEO & Director Comp: $1.73MMr. Eric R. Marchetto (Age 53)Exec. VP & CFO Comp: $959.25kMr. Kevin Poet (Age 56)Exec. VP of Operations & Support Services Comp: $723.25kMr. Gregory B. Mitchell (Age 57)Exec. VP & Chief Commercial Officer Comp: $736.77kMr. Steven L. McDowell (Age 61)VP & Chief Accounting Officer Heidi CoxChief Information OfficerMs. Leigh Anne MannVP of Investor RelationsMr. Scott EwingVP & Interim Gen. CounselMatt PittmanChief Compliance OfficerMr. R. Mark Cox (Age 55)Exec. VP of Corp. Devel. More ExecutivesKey CompetitorsGreenbrier CompaniesNYSE:GBXStar Bulk CarriersNASDAQ:SBLKGolar LNGNASDAQ:GLNGInternational SeawaysNYSE:INSWCorporación América AirportsNYSE:CAAPView All CompetitorsInsiders & InstitutionsProVise Management Group LLCSold 6,300 shares on 8/24/2023Ownership: 0.033%Comerica BankBought 262,494 shares on 8/22/2023Ownership: 0.321%California State Teachers Retirement SystemSold 3,643 shares on 8/21/2023Ownership: 0.116%Teachers Retirement System of The State of KentuckyBought 1,440 shares on 8/21/2023Ownership: 0.033%Osaic Holdings Inc.Bought 6,834 shares on 8/21/2023Ownership: 0.030%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 brokers have issued 1-year price objectives for Trinity Industries' shares. Their TRN share price forecasts range from $26.00 to $31.00. On average, they expect the company's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 17.2% 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 the year. Since then, TRN shares have decreased by 16.3% and is now trading at $24.74. 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 Tuesday, October 24th 2023. View our TRN earnings forecast. How were Trinity Industries' earnings last quarter? Trinity Industries, Inc. (NYSE:TRN) issued its earnings results on Tuesday, August, 1st. The transportation company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.09. The transportation company had revenue of $722 million for the quarter, compared to analysts' expectations of $626.30 million. Trinity Industries had a trailing twelve-month return on equity of 7.20% and a net margin of 3.20%. The company's revenue for the quarter was up 73.2% compared to the same quarter last year. During the same period last year, the firm earned $0.14 EPS. 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. Investors of record on Friday, October 13th will be given a dividend of $0.26 per share on Tuesday, October 31st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date is Thursday, October 12th. This is a boost from the stock's previous quarterly dividend of $0.01. 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 Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), ProShares Russell 2000 Dividend Growers ETF (SMDV) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).SPDR S&P 600 Small Cap ETF (SLY). 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 4.10%. 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 110.64%. 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 57.46% 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? Shares of Trinity Industries 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 payable 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 stock repurchase plan on Thursday, December 8th 2022, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued. What guidance has Trinity Industries issued on next quarter's earnings? Trinity Industries updated its FY23 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of $1.35-$1.45 for the period, compared to the consensus earnings per share estimate of $1.51. 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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.40%), Capital International Investors (10.60%), Dimensional Fund Advisors LP (7.28%), Jennison Associates LLC (5.64%), State Street Corp (3.62%) and Geode Capital Management LLC (1.93%). 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 $24.74. How much money does Trinity Industries make? Trinity Industries (NYSE:TRN) has a market capitalization of $2.02 billion and generates $1.98 billion in revenue each year. The transportation company earns $60.10 million in net income (profit) each year or $0.94 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 9/27/2023 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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