Trinity Industries, Inc. is a diversified industrial company that owns businesses providing products and services to the energy, chemical, agriculture, transportation and construction sectors. The Company's products and services include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; construction aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products. The Company's segments include the Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other. Its All Other segment includes its captive insurance and transportation companies, and other peripheral businesses. It manufactures a line of railcars, including autorack cars, box cars, covered hopper cars, gondola cars, intermodal cars, open hopper cars and tank cars.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Industrial Conglomerates
- Sub-Industry: Construction & Farm Machinery & Heavy Trucks
- Symbol: NYSE:TRN
- CUSIP: 89652210
- Web: www.trin.net
- Market Cap: $4.20759 billion
- Outstanding Shares: 152,173,000
- 50 Day Moving Avg: $27.07
- 200 Day Moving Avg: $27.08
- 52 Week Range: $20.62 - $30.13
Sales & Book Value:
- Trailing P/E Ratio: 14.72
- Foreward P/E Ratio: 22.11
- P/E Growth: 2.38
- Annual Revenue: $4.28 billion
- Price / Sales: 1.00
- Book Value: $26.02 per share
- Price / Book: 1.08
- Annual Dividend: $0.52
- Dividend Yield: 1.9%
- EBIDTA: $925 million
- Net Margins: 6.81%
- Return on Equity: 6.82%
- Return on Assets: 3.20%
- Debt-to-Equity Ratio: 0.70%
- Current Ratio: 3.37%
- Quick Ratio: 2.23%
- Average Volume: 1.21 million shs.
- Beta: 2.19
- Short Ratio: 8.1
Frequently Asked Questions for Trinity Industries (NYSE:TRN)
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 declared a quarterly dividend on Monday, May 1st. Stockholders of record on Friday, July 14th will be paid a dividend of $0.13 per share on Monday, July 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date is Wednesday, July 12th. This is an increase from Trinity Industries's previous quarterly dividend of $0.11. View Trinity Industries' Dividend History.
When did Trinity Industries' stock split? How did Trinity Industries' stock split work?
Trinity Industries's stock split on Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly created shares were payable 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 were Trinity Industries' earnings last quarter?
Trinity Industries, Inc. (NYSE:TRN) released its quarterly earnings data on Tuesday, April, 25th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.02. The company earned $877.30 million during the quarter, compared to the consensus estimate of $904.66 million. Trinity Industries had a return on equity of 6.82% and a net margin of 6.81%. The company's revenue for the quarter was down 26.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 EPS. View Trinity Industries' Earnings History.
When will Trinity Industries make its next earnings announcement?
What guidance has Trinity Industries issued on next quarter's earnings?
Trinity Industries updated its FY17 earnings guidance on Tuesday, April, 25th. The company provided EPS guidance of $1.00-$1.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.23.
Where is Trinity Industries' stock going? Where will Trinity Industries' stock price be in 2017?
8 analysts have issued 1 year target prices for Trinity Industries' stock. Their forecasts range from $11.00 to $32.00. On average, they expect Trinity Industries' stock price to reach $24.63 in the next year. View Analyst Ratings for Trinity Industries.
What are analysts saying about Trinity Industries stock?
Here are some recent quotes from research analysts about Trinity Industries stock:
- 1. According to Zacks Investment Research, "Trinity Industries, Inc. is engaged in the manufacture, marketing, and leasing of a wide variety of products consisting of the following business segments or groups: Railcar Group, Inland Barge Group, Parts and Services Group, Highway Construction Product Group, Concrete & Aggregate Group, Industrial Group, and others. Others includes transportation services, the company's captive insurance company, and other peripheral businesses. " (7/19/2017)
- 2. KeyCorp analysts commented, "We visited TRN’s wind tower facility outside Des Moines, IA. Mgmt gave an informative overview of the competitive environment and showcased initiatives and productivity improvements that solidify TRN’s strong competitive position. We think TRN is the dominant non-captive wind tower OEM and should benefit from the recent PTC extension, improving turbine efficiency and coal plant retirements. Broadly, we think TRN’s diversification and $5.6B backlog provide solid visib. relative to other co’s. Should TRN receive a favorable outcome in ongoing litigation, we think backlog, liquidity and valuation could attract new money." (10/3/2016)
Who are some of Trinity Industries' key competitors?
Some companies that are related to Trinity Industries include Old Dominion Freight Line (ODFL), ZTO EXPRESS INC (ZTO), China Southern Airlines Company Limited (ZNH), JetBlue Airways Corporation (JBLU), Alstom ADR (ALSMY), LATAM Airlines Group S.A. (LTM), Amerco (UHAL), XPO Logistics (XPO), Grupo Aeroportuario Del Pacifico, S.A. de C.V. (PAC), Grupo Aeroportuario del Sureste, S.A. de C.V. (ASR), Cathay Pacific Airways (CPCAY), Copa Holdings, S.A. (CPA), Air France-KLM SA (AFLYY), Genesee & Wyoming (GWR), BBA AVIATION (BBAVY), Air Lease Corporation (AL), Ryder System (R) and Landstar System (LSTR).
Who are Trinity Industries' key executives?
Trinity Industries' management team includes the folowing people:
- Timothy R. Wallace, Chairman of the Board, President, Chief Executive Officer
- James E. Perry, Chief Financial Officer, Senior Vice President
- Melendy E. Lovett CPA, Senior Vice President, Chief Administrative Officer
- William A. McWhirter II, Senior Vice President, Group President
- Stephen D. Menzies, Senior Vice President; Group President
- Schuyler Theis Rice, Senior Vice President, Chief Legal Officer
- John L. Adams, Independent Director
- Rhys J. Best, Independent Director
- David W. Biegler, Independent Director
- Antonio Carrillo, Independent Director
Who owns Trinity Industries stock?
Trinity Industries' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Ardevora Asset Management LLP (0.86%), James Investment Research Inc. (0.29%), BB&T Corp (0.19%), Smith Graham & Co. Investment Advisors LP (0.11%), First National Bank of Mount Dora Trust Investment Services (0.07%) and Bank of Montreal Can (0.06%). Company insiders that own Trinity Industries stock include D Stephen Menzies and Valueact Capital Master Fund,. View Institutional Ownership Trends for Trinity Industries.
Who sold Trinity Industries stock? Who is selling Trinity Industries stock?
Trinity Industries' stock was sold by a variety of institutional investors in the last quarter, including Patten & Patten Inc. TN, James Investment Research Inc., First National Bank of Mount Dora Trust Investment Services, Independent Portfolio Consultants Inc., Aperio Group LLC, Park National Corp OH, Bank of Montreal Can and Smith Graham & Co. Investment Advisors LP. View Insider Buying and Selling for Trinity Industries.
Who bought Trinity Industries stock? Who is buying Trinity Industries stock?
Trinity Industries' stock was acquired by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, New England Research & Management Inc., Fisher Asset Management LLC, BB&T Corp, Creative Planning, Oregon Public Employees Retirement Fund, LS Investment Advisors LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Trinity Industries.
How do I buy Trinity Industries stock?
Shares of Trinity Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Trinity Industries' stock price today?
MarketBeat Community Rating for Trinity Industries (NYSE TRN)MarketBeat's community ratings are surveys of what our community members think about Trinity Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Trinity Industries stock can currently be purchased for approximately $28.08.
Consensus Ratings for Trinity Industries (NYSE:TRN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 4 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$24.63 (12.30% downside)|
Analysts' Ratings History for Trinity Industries (NYSE:TRN)
(Data available from 7/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/13/2017||Axiom Securities||Reiterated Rating||Sell||Low|
|6/21/2017||Buckingham Research||Initiated Coverage||Buy||$32.00||Low|
|3/13/2017||Stifel Nicolaus||Boost Price Target||Hold -> Hold||$23.00 -> $27.00||Low|
|12/20/2016||Citigroup Inc.||Initiated Coverage||Neutral||$29.00||N/A|
|9/19/2016||Wells Fargo & Company||Reiterated Rating||Hold||$22.00||N/A|
|7/25/2016||Susquehanna Bancshares Inc||Downgrade||Positive -> Neutral||$23.00 -> $24.00||N/A|
|7/25/2016||Cowen and Company||Boost Price Target||Outperform||$22.00 -> $24.00||N/A|
|6/20/2016||Longbow Research||Downgrade||Buy -> Neutral||N/A|
|2/19/2016||BB&T Corporation||Downgrade||Buy -> Underweight||N/A|
|2/2/2016||Avondale Partners||Reiterated Rating||Market Perform||N/A|
|9/4/2015||Macquarie||Upgrade||Underperform -> Neutral||$28.00 -> $27.00||N/A|
Earnings History for Trinity Industries (NYSE:TRN)Earnings History by Quarter for Trinity Industries (NYSE TRN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/25/2017||Q1 2017||$0.28||$0.30||$904.66 million||$877.30 million||View||N/A|
|2/16/2017||Q416||$0.37||$0.44||$1.11 billion||$1.10 billion||View||N/A|
|10/26/2016||Q3||$0.52||$0.55||$1.24 billion||$1.11 billion||View||N/A|
|7/21/2016||Q2||$0.48||$0.62||$1.18 billion||$1.18 billion||View||N/A|
|4/21/2016||Q116||$0.70||$0.64||$1.34 billion||$1.19 billion||View||N/A|
|2/18/2016||Q415||$1.09||$1.30||$1.59 billion||$1.55 billion||View||Listen|
|10/22/2015||Q3||$1.16||$1.31||$1.76 billion||$1.54 billion||View||Listen|
|7/23/2015||Q2||$1.09||$1.33||$1.74 billion||$1.68 billion||View||Listen|
|4/23/2015||Q115||$0.96||$1.13||$1.58 billion||$1.63 billion||View||N/A|
|2/18/2015||Q414||$0.83||$0.86||$1.62 billion||$1.66 billion||View||N/A|
|10/28/2014||Q314||$0.85||$0.90||$1.50 billion||$1.56 billion||View||N/A|
|7/29/2014||Q214||$0.77||$1.01||$1.35 billion||$1.49 billion||View||N/A|
|4/29/2014||Q114||$2.54||$2.85||$1.33 billion||$1.46 billion||View||N/A|
|2/19/2014||Q413||$1.41||$1.44||$1.22 billion||$1.26 billion||View||N/A|
|10/30/2013||Q313||$1.16||$1.26||$1.14 billion||$1.11 billion||View||N/A|
|7/31/2013||Q2 2013||$0.95||$1.06||$1.02 billion||$1.07 billion||View||N/A|
|4/30/2013||Q1 2013||$0.81||$0.91||$973.84 million||$932.90 million||View||N/A|
|2/20/2013||Q4 2012||$0.84||$0.90||$1.03 billion||$1.01 billion||View||N/A|
|10/24/2012||Q312||$0.79||$0.80||$1,000.00 million||$937.50 million||View||N/A|
Earnings Estimates for Trinity Industries (NYSE:TRN)
2017 EPS Consensus Estimate: $1.24
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Trinity Industries (NYSE:TRN)
|Dividend Growth:||20.70% (3 Year Average)|
|Payout Ratio:||27.23% (Trailing 12 Months of Earnings) |
43.70% (Based on This Year's Estimates)
40.94% (Based on Next Year's Estimates)
|Track Record:||6 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Trinity Industries (NYSE TRN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Trinity Industries (NYSE:TRN)
Insider Ownership Percentage: 2.00%Insider Trades by Quarter for Trinity Industries (NYSE:TRN)
Institutional Ownership Percentage: 80.47%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/5/2017||D Stephen Menzies||Insider||Sell||27,742||$26.11||$724,343.62|| |
|11/4/2016||Valueact Capital Master Fund,||Major Shareholder||Buy||461,605||$21.17||$9,772,177.85|| |
|11/2/2015||D Stephen Menzies||SVP||Sell||101,296||$27.46||$2,781,588.16|| |
|5/5/2015||Timothy R Wallace||CEO||Buy||20,000||$29.44||$588,800.00|| |
|8/27/2014||David W Biegler||Director||Sell||7,500||$48.80||$366,000.00|| |
|8/8/2014||D Stephen Menzies||SVP||Sell||69,468||$42.45||$2,948,916.60|| |
|8/1/2014||D Stephen Menzies||SVP||Sell||34,676||$44.02||$1,526,437.52|| |
|3/5/2014||D Stephen Menzies||SVP||Sell||13,871||$73.04||$1,013,137.84|| |
|5/31/2013||D Stephen Menzies||SVP||Sell||5,587||$41.63||$232,586.81|| |
|5/22/2013||D Stephen Menzies||SVP||Sell||18,228||$42.33||$771,591.24|| |
Headline Trends for Trinity Industries (NYSE:TRN)
Latest Headlines for Trinity Industries (NYSE:TRN)
|Daily Technical Summary Reports on Railroads Stocks -- Kansas City Southern, Norfolk Southern, Canadian National Railway, and Trinity Industries|
www.bizjournals.com - July 19 at 8:33 AM
|Trinity Industries, Inc. (TRN) to Release Earnings on Tuesday|
www.americanbankingnews.com - July 18 at 9:39 AM
|Trinity Industries: Expecting Some Good, And Some Bad - Seeking Alpha|
seekingalpha.com - July 17 at 8:11 AM
|ETFs with exposure to Trinity Industries, Inc. : July 14, 2017|
finance.yahoo.com - July 14 at 9:17 PM
|Analyzing General Electric Company (GE) & Trinity Industries (TRN)|
www.americanbankingnews.com - July 14 at 8:18 PM
|TRN September 1st Options Begin Trading - Nasdaq|
www.nasdaq.com - July 14 at 4:17 PM
|Trinity Industries, Inc. (TRN) Receives "Sell" Rating from Axiom Securities|
www.americanbankingnews.com - July 13 at 8:13 AM
|Trinity Industries Inc (NYSE:TRN) Rating Lowered to Hold at BidaskClub|
www.americanbankingnews.com - July 12 at 11:28 PM
|Illinois Tool Works (ITW) & Trinity Industries (NYSE:TRN) Head to Head Comparison|
www.americanbankingnews.com - July 11 at 10:30 AM
|Trinity Industries, Inc. Announces Date for Earnings Release ... - Business Wire (press release)|
www.businesswire.com - July 11 at 8:38 AM
|Trinity Industries, Inc. (TRN) Receives Average Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - July 11 at 12:41 AM
|Trinity Industries, Inc. (TRN) Expected to Announce Quarterly Sales of $982.33 Million|
www.americanbankingnews.com - July 7 at 11:36 AM
|Honeywell International (HON) vs. Trinity Industries (TRN) Financial Contrast|
www.americanbankingnews.com - July 7 at 8:36 AM
|Interesting TRN Put And Call Options For August 25th - Nasdaq|
www.nasdaq.com - July 6 at 2:23 PM
|Zacks: Analysts Expect Trinity Industries, Inc. (TRN) to Post $0.31 EPS|
www.americanbankingnews.com - July 5 at 8:28 PM
|Trinity Industries, Inc. (NYSE:TRN) Lowered to Sell at Zacks Investment Research|
www.americanbankingnews.com - July 2 at 4:58 PM
|Trinity Industries, Inc. (TRN) Raised to Buy at BidaskClub|
www.americanbankingnews.com - July 1 at 3:10 PM
|Trinity Industries' (TRN) Sell Rating Reiterated at Axiom Securities|
www.americanbankingnews.com - June 30 at 2:53 PM
|A Top Steel Analyst Highlights Acute Risk To Trinity Industries' 2018 Operating Margin - Benzinga|
www.benzinga.com - June 29 at 8:26 PM
|August 11th Options Now Available For Trinity Industries (TRN)|
www.nasdaq.com - June 29 at 3:23 PM
|Analyzing Carlisle Companies (CSL) and Trinity Industries (TRN)|
www.americanbankingnews.com - June 28 at 8:10 AM
|Buckingham Research Initiates Coverage on Trinity Industries, Inc. (TRN)|
www.americanbankingnews.com - June 25 at 4:58 PM
|Critical Review: Honeywell International (HON) vs. Trinity Industries (TRN)|
www.americanbankingnews.com - June 23 at 12:20 AM
|TRN August 4th Options Begin Trading - Nasdaq.com - Nasdaq|
www.nasdaq.com - June 22 at 7:16 PM
|Trinity Industries, Inc. breached its 50 day moving average in a Bearish Manner : TRN-US : June 22, 2017|
finance.yahoo.com - June 22 at 2:15 PM
|Trinity Industries, Inc. (TRN) Stock Rating Reaffirmed by Axiom Securities|
www.americanbankingnews.com - June 16 at 10:40 AM
|ETFs with exposure to Trinity Industries, Inc. : June 15, 2017|
finance.yahoo.com - June 15 at 8:35 PM
|Trinity Industries, Inc. (TRN) Stock Rating Upgraded by BidaskClub|
www.americanbankingnews.com - June 15 at 3:48 PM
|Trinity Industries, Inc. – Value Analysis (NYSE:TRN) : June 13, 2017|
finance.yahoo.com - June 13 at 11:57 PM
|Trinity Industries, Inc. (TRN) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - June 13 at 10:50 PM
|Trinity Industries, Inc. breached its 50 day moving average in a Bullish Manner : TRN-US : June 12, 2017|
finance.yahoo.com - June 12 at 7:45 PM
|$982.33 Million in Sales Expected for Trinity Industries Inc (TRN) This Quarter|
www.americanbankingnews.com - June 11 at 8:06 AM
|Trinity Industries (TRN) Shares Cross Above 200 DMA|
www.nasdaq.com - June 11 at 1:11 AM
| Brokerages Expect Trinity Industries Inc (TRN) to Announce $0.31 EPS|
www.americanbankingnews.com - June 9 at 10:32 PM
|Analyzing American Railcar Industries (ARII) and Trinity Industries (TRN)|
www.americanbankingnews.com - June 9 at 8:56 AM
|D Stephen Menzies Sells 27,742 Shares of Trinity Industries Inc (TRN) Stock|
www.americanbankingnews.com - June 6 at 7:27 PM
|ETFs with exposure to Trinity Industries, Inc. : June 5, 2017|
finance.yahoo.com - June 5 at 10:48 PM
|Trinity Industries Inc (TRN) Lifted to "Buy" at ValuEngine|
www.americanbankingnews.com - June 2 at 11:06 PM
|Will Trinity Industries (TRN) Make a Suitable Value Pick? - Nasdaq|
www.nasdaq.com - May 27 at 6:23 AM
|Will Trinity Industries (TRN) Make a Suitable Value Pick?|
finance.yahoo.com - May 27 at 6:23 AM
|Trinity Industries Inc (TRN) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - May 19 at 11:06 PM
|TRN Makes Notable Cross Below Critical Moving Average|
www.nasdaq.com - May 19 at 1:16 PM
|Trinity Industries Inc (TRN) Expected to Announce Quarterly Sales of $982.33 Million|
www.americanbankingnews.com - May 17 at 11:18 AM
|Trinity Industries: Wind Power Is A Great Business - Seeking Alpha|
seekingalpha.com - May 16 at 8:39 AM
| Analysts Expect Trinity Industries Inc (TRN) Will Post Earnings of $0.32 Per Share|
www.americanbankingnews.com - May 15 at 12:34 PM
|ETFs with exposure to Trinity Industries, Inc. : May 11, 2017|
finance.yahoo.com - May 12 at 2:40 AM
|Trinity Industries Target of Unusually Large Options Trading (TRN)|
www.americanbankingnews.com - May 5 at 7:08 AM
|Trinity Industries (TRN) Earns Daily News Sentiment Rating of 0.46|
www.americanbankingnews.com - May 3 at 4:16 PM
|Trinity Industries Inc (TRN) Plans Quarterly Dividend of $0.13|
www.americanbankingnews.com - May 1 at 9:34 PM
|Trinity Industries, Inc. Increases Quarterly Dividend|
finance.yahoo.com - May 1 at 7:27 PM
Trinity Industries (TRN) Chart for Thursday, July, 20, 2017