Trinity Industries Stock Price, News & Analysis (NYSE:TRN)

$19.45
-0.34 (-1.72 %)
(As of 09/22/2019 04:29 AM ET)
Today's Range
$19.41
Now: $19.45
$19.97
50-Day Range
$16.28
MA: $18.21
$20.51
52-Week Range
$16.10
Now: $19.45
$39.35
Volume5.43 million shs
Average Volume1.14 million shs
Market Capitalization$2.53 billion
P/E Ratio24.31
Dividend Yield3.44%
Beta1.97
Trinity Industries, Inc provides rail transportation products and services in North America. It operates through three segments: Railcar Leasing and Management Services Group, Rail Products Group, and All Other. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investor-owned fund; and provides fleet maintenance and management services to industrial shippers. Read More…

Industry, Sector and Symbol

Industry Railroad equipment
Sub-IndustryConstruction & Farm Machinery & Heavy Trucks
SectorTransportation
CUSIP89652210
Phone214-631-4420

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.51 billion
Cash Flow$2.5194 per share
Book Value$17.51 per share

Profitability

Net Income$159.30 million

Miscellaneous

Employees11,515
Market Cap$2.53 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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Trinity Industries (NYSE:TRN) Frequently Asked Questions

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 4th. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.17 per share on Thursday, October 31st. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date is Friday, October 11th. View Trinity Industries' Dividend History.

When did Trinity Industries' stock split? How did Trinity Industries' stock split work?

Trinity Industries shares split before market open 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.

How will Trinity Industries' stock buyback program work?

Trinity Industries announced that its Board of Directors has approved a stock buyback program on Wednesday, December 13th 2017, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

How were Trinity Industries' earnings last quarter?

Trinity Industries Inc (NYSE:TRN) announced its quarterly earnings results on Wednesday, July, 24th. The transportation company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.02. The transportation company earned $736 million during the quarter, compared to analysts' expectations of $796 million. Trinity Industries had a return on equity of 5.40% and a net margin of 4.06%. The business's quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.43 EPS. View Trinity Industries' Earnings History.

When is Trinity Industries' next earnings date?

Trinity Industries is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Trinity Industries.

What guidance has Trinity Industries issued on next quarter's earnings?

Trinity Industries updated its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share guidance of $1.15 to $1.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.42.

What price target have analysts set for TRN?

9 analysts have issued 12-month price objectives for Trinity Industries' shares. Their predictions range from $12.00 to $35.00. On average, they expect Trinity Industries' share price to reach $27.1250 in the next year. This suggests a possible upside of 39.5% from the stock's current price. View Analyst Price Targets for Trinity Industries.

What is the consensus analysts' recommendation for Trinity Industries?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last year. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Trinity Industries.

What are Wall Street analysts saying about Trinity Industries stock?

Here are some recent quotes from research analysts about Trinity Industries stock:
  • 1. According to Zacks Investment Research, "Shares of Trinity have underperformed its industry in a year’s time. Railcar-related pricing pressure at the company's Rail Products Group, which accounts for bulk of its revenues, is concerning. Production inefficiencies pertaining to changes in the mix of railcars manufactured are also denting margins. Additionally, lease rates are below the expiring leases, despite the same being thought to be increasing. Further, the company's high operating expenses are hampering bottom-line growth and the situation might persist. Its high debt levels are an added concern. The negativity surrounding the stock is evident from the Zacks Consensus Estimate for second-quarter earnings being revised downward over the last 60 days. However, the company's measures to reward its shareholders through dividends and share buybacks are appreciative." (6/4/2019)
  • 2. Mizuho analysts commented, "We reiterate our Buy rating on TRN shares and maintain our PT at $32 after TRN’s FY4Q18 earnings release. We are also holding our EPS estimates at $1.30 and $1.80, respectively. We continue to believe this cycle will be much more measured than the boom earlier this decade, but we believe improving fundamentals in 2019 along with the unique repositioning of the TRN story post the Arcosa spin still represents notable upside to the shares." (2/26/2019)

Has Trinity Industries been receiving favorable news coverage?

News coverage about TRN stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Trinity Industries earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the transportation company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Trinity Industries.

Are investors shorting Trinity Industries?

Trinity Industries saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 13,587,800 shares, an increase of 9.9% from the July 31st total of 12,358,500 shares. Based on an average trading volume of 1,270,000 shares, the short-interest ratio is presently 10.7 days. Currently, 10.9% of the company's shares are sold short. View Trinity Industries' Current Options Chain.

Who are some of Trinity Industries' key competitors?

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), Micron Technology (MU), Bank of America (BAC), General Electric (GE), Intel (INTC), Greenbrier Companies (GBX), Starbucks (SBUX), Walt Disney (DIS) and Kinder Morgan (KMI).

Who are Trinity Industries' key executives?

Trinity Industries' management team includes the folowing people:
  • Mr. Timothy R. Wallace, CEO, Pres & Director (Age 65)
  • Brandon B. Boze, Director (Age 38)
  • Ms. Melendy E. Lovett, Sr. VP & CFO (Age 61)
  • Mr. S. Theis Rice, Sr. VP & Chief Compliance Officer (Age 68)
  • Mr. Eric R. Marchetto, Sr. VP & Group Pres (Age 49)

Who are Trinity Industries' major shareholders?

Trinity Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.56%), BlackRock Inc. (8.56%), Vanguard Group Inc. (7.77%), LSV Asset Management (2.68%), Fiduciary Management Inc. WI (2.43%) and Janus Henderson Group PLC (2.21%). Company insiders that own Trinity Industries stock include Brandon B Boze, Brian D Madison, Holdings LP Valueact, Valueact Capital Master Fund, and William A Mcwhirter. View Institutional Ownership Trends for Trinity Industries.

Which major investors are selling Trinity Industries stock?

TRN stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Jennison Associates LLC, BlackRock Inc., BlackRock Inc., Bank of New York Mellon Corp, Janus Henderson Group PLC, Janus Henderson Group PLC and WINTON GROUP Ltd. View Insider Buying and Selling for Trinity Industries.

Which major investors are buying Trinity Industries stock?

TRN stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, Sterling Capital Management LLC, Cooperman Leon G, D. E. Shaw & Co. Inc., Nuveen Asset Management LLC, Fiduciary Management Inc. WI, Gamco Investors INC. ET AL and Zuckerman Investment Group LLC. Company insiders that have bought Trinity Industries stock in the last two years include Brandon B Boze, Holdings LP Valueact and Valueact Capital Master Fund,. View Insider Buying and Selling for Trinity Industries.

How do I buy shares of Trinity Industries?

Shares of TRN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Trinity Industries' stock price today?

One share of TRN stock can currently be purchased for approximately $19.45.

How big of a company is Trinity Industries?

Trinity Industries has a market capitalization of $2.53 billion and generates $2.51 billion in revenue each year. The transportation company earns $159.30 million in net income (profit) each year or $0.80 on an earnings per share basis. Trinity Industries employs 11,515 workers across the globe.View Additional Information About Trinity Industries.

What is Trinity Industries' official website?

The official website for Trinity Industries is http://www.trin.net/.

How can I contact Trinity Industries?

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]


MarketBeat Community Rating for Trinity Industries (NYSE TRN)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  348 (Vote Outperform)
Underperform Votes:  362 (Vote Underperform)
Total Votes:  710
MarketBeat's community ratings are surveys of what our community members think about Trinity Industries and other stocks. Vote "Outperform" if you believe TRN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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