Trinity Industries Stock Forecast, Price & News

Trinity Industries' stock was trading at $17.11 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRN stock has increased by 33.0% and is now trading at $22.76.
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2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
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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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.10. The transportation company had revenue of $459.40 million for the quarter, compared to analyst estimates of $443.80 million. Trinity Industries had a return on equity of 4.68% and a net margin of 0.91%. During the same quarter in the prior year, the firm posted $0.39 EPS.
View Trinity Industries' earnings history.

Trinity Industries announced a quarterly dividend on Thursday, September 10th. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.19 per share on Friday, October 30th. This represents a $0.76 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Wednesday, October 14th.
View Trinity Industries' dividend history.

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 distributed 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 authorized a stock buyback program on Wednesday, October 21st 2020, which allows the company to repurchase $250,000,000.00 in 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 a sign that the company's board of directors believes its stock is undervalued.

2 Wall Street analysts have issued 12-month price objectives for Trinity Industries' shares. Their forecasts range from $17.00 to $21.00. On average, they anticipate Trinity Industries' stock price to reach $19.00 in the next twelve months. This suggests that the stock has a possible downside of 16.5%.
View analysts' price targets for Trinity Industries.

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), Meritor (MTOR), Federal Signal (FSS), Alamo Group (ALG), Astec Industries (ASTE) and Lindsay (LNN).
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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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.58%), LSV Asset Management (3.83%), Cooperman Leon G (2.65%), State Street Corp (2.17%), Vaughan Nelson Investment Management L.P. (1.97%) and Cardinal Capital Management LLC CT (1.61%). 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 LSV Asset Management, BlackRock Inc., Royce & Associates LP, State Street Corp, BNP Paribas Arbitrage SA, Raymond James & Associates, Jennison Associates LLC, and Charles Schwab Investment Management Inc..
View insider buying and selling activity for Trinity Industries.

TRN stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Arrowstreet Capital Limited Partnership, First Trust Advisors LP, Cooperman Leon G, Morgan Stanley, Advisory Research Inc., Alberta Investment Management Corp, and Engineers Gate Manager LP. 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.

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.

One share of TRN stock can currently be purchased for approximately $22.76.

Trinity Industries has a market capitalization of $2.60 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]