Trinity Industries Stock Forecast, Price & News

Trinity Industries' stock was trading at $17.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TRN shares have increased by 65.8% and is now trading at $28.36.
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2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Trinity Industries stock.
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Trinity Industries is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Trinity Industries.

Trinity Industries, Inc. (NYSE:TRN) issued its quarterly earnings results on Wednesday, October, 21st. The transportation company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.10. The transportation company had revenue of $459.40 million for the quarter, compared to the consensus estimate of $443.80 million. Trinity Industries had a return on equity of 3.58% and a net margin of 0.06%. During the same period last year, the firm posted $0.39 EPS.
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Trinity Industries declared a quarterly dividend on Thursday, December 10th. Investors of record on Friday, January 15th will be given a dividend of $0.21 per share on Friday, January 29th. This represents a $0.84 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Thursday, January 14th. This is a positive change from Trinity Industries's previous quarterly dividend of $0.19.
View Trinity Industries' dividend history.

Trinity Industries pays an annual dividend of $0.84 per share and currently has a dividend yield of 3.04%. Trinity Industries does not yet have a strock track record of dividend growth. The dividend payout ratio of Trinity Industries is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Trinity Industries will have a dividend payout ratio of 127.27% in the coming year. This indicates that Trinity Industries may not be able to sustain their current dividend.
View Trinity Industries' dividend history.

Shares of Trinity Industries split on Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly minted shares were issued 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 declared that its Board of Directors has approved a share repurchase program on Wednesday, October 21st 2020, 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 9.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

2 Wall Street analysts have issued 1-year price objectives for Trinity Industries' shares. Their forecasts range from $21.00 to $30.00. On average, they expect Trinity Industries' stock price to reach $25.50 in the next year. This suggests that the stock has a possible downside of 10.1%.
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Some companies that are related to Trinity Industries include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), PACCAR (PCAR), Wabtec (WAB), The Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Terex (TEX), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Lindsay (LNN) and Astec Industries (ASTE).
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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), The Walt Disney (DIS), The 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 retail and institutional investors. Top institutional shareholders include ProVise Management Group LLC (0.10%), North Star Investment Management Corp. (0.03%), Louisiana State Employees Retirement System (0.02%), First National Bank of Mount Dora Trust Investment Services (0.02%), OLD National Bancorp IN (0.02%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Trinity Industries stock include Brandon B Boze, Brian D Madison, Jean Savage and Todd Maclin.
View institutional ownership trends for Trinity Industries.

TRN stock was sold by a variety of institutional investors in the last quarter, including New England Research & Management Inc., Crossmark Global Holdings Inc., OLD National Bancorp IN, First National Bank of Mount Dora Trust Investment Services, Bowling Portfolio Management LLC, State of Alaska Department of Revenue, and Louisiana State Employees Retirement System.
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TRN stock was bought by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., ProVise Management Group LLC, and Sowell Financial Services LLC. Company insiders that have bought Trinity Industries stock in the last two years include Brandon B Boze, Jean Savage, and Todd Maclin.
View insider buying and selling activity for Trinity Industries or or view top insider-buying stocks.

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.

One share of TRN stock can currently be purchased for approximately $28.36.

Trinity Industries has a market capitalization of $3.24 billion and generates $3.01 billion in revenue each year. The transportation company earns $137.60 million in net income (profit) each year or $1.26 on an earnings per share basis. Trinity Industries employs 11,875 workers across the globe.

The official website for Trinity Industries is www.trin.net.

Trinity Industries' mailing address is 2525 NORTH STEMMONS FREEWAY, DALLAS TX, 75207. The transportation company can be reached via phone at 214-631-4420 or via email at [email protected]