NYSE:TRN - Trinity Industries Stock Price, News, & Analysis

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$20.96 -2.00 (-8.71 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$20.96
Today's Range$20.5725 - $22.28
52-Week Range$18.99 - $39.35
Volume4.42 million shs
Average Volume1.92 million shs
Market Capitalization$2.79 billion
P/E Ratio26.20
Dividend Yield2.26%
Beta2.13
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. As of December 31, 2018, it had a fleet of 99,215 owned or leased 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 provides freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance services. Its railcars include autorack, box, covered hopper, gondola, intermodal, open hopper, and tank cars. 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. The All Other segment manufactures guardrail, crash cushions, and other highway barriers; and engages in the captive insurance, transportation, and other peripheral businesses. The company sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was founded in 1933 and is headquartered in Dallas, Texas.

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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$2.3872 per share
Book Value$17.51 per share

Profitability

Net Income$159.30 million

Miscellaneous

Employees11,515
Market Cap$2.79 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Friday, March 8th. Stockholders of record on Monday, April 15th will be given a dividend of $0.17 per share on Tuesday, April 30th. This represents a $0.68 annualized dividend and a dividend yield of 3.24%. The ex-dividend date is Friday, April 12th. This is a positive change from Trinity Industries's previous quarterly dividend of $0.13. 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 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.

How will Trinity Industries' stock buyback program work?

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

How were Trinity Industries' earnings last quarter?

Trinity Industries Inc (NYSE:TRN) announced its earnings results on Wednesday, February, 20th. The transportation company reported $0.26 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.23 by $0.03. The transportation company earned $735 million during the quarter, compared to analyst estimates of $670.90 million. Trinity Industries had a net margin of 4.63% and a return on equity of 5.26%. The company's quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.43 earnings per share. 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, April 24th 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, February, 20th. The company provided earnings per share (EPS) guidance of $1.15-$1.35 for the period, compared to the Thomson Reuters consensus estimate of $1.28. Trinity Industries also updated its FY 2019 guidance to $1.15-1.35 EPS.

What price target have analysts set for TRN?

8 brokers have issued 12 month price objectives for Trinity Industries' stock. Their predictions range from $12.00 to $35.00. On average, they expect Trinity Industries' stock price to reach $28.2857 in the next year. This suggests a possible upside of 35.0% from the stock's current price. View Analyst Price Targets for Trinity Industries.

What is the consensus analysts' recommendation for Trinity Industries?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last year. There are currently 1 sell rating, 1 hold rating 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, "Trinity reported better-than results in the fourth quarter of 2018. Results were aided by strong segmental performances. We are also impressed by the company's decision to hike its quarterly dividend by more than 18% to 13 cents per share in May 2017. We are positive on Trinity's decision to spin-off its infrastructure-related business as well. The company's focus on its integrated rail manufacturing, leasing, and services operations are encouraging.  On the flip side, shares of the company have lost more than 28% in a year's time. We remain concerned about the railcar-related pricing pressure at Trinity Industries' Rail Group, which accounts for bulk of its revenues. Below-par performances of other key divisions like Energy Equipment and Railcar Leasing and Management Services so far in 2018 also raise concerns." (2/28/2019)
  • 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 stories about TRN stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Trinity Industries earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave news stories about the transportation company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the immediate future.

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

Who are Trinity Industries' key executives?

Trinity Industries' management team includes the folowing people:
  • Mr. Timothy R. Wallace, Chairman, Pres & CEO (Age 65)
  • Mr. S. Theis Rice, Sr. VP & Chief Compliance Officer (Age 68)
  • Mr. William A. McWhirter II, Sr. VP and Group Pres of the Construction Products, Energy Equipment & Inland Barge Groups (Age 54)
  • Ms. Melendy E. Lovett, Sr. VP & CFO (Age 61)
  • Mr. Steven L. McDowell, VP & Chief Accounting Officer (Age 57)

Who are Trinity Industries' major shareholders?

Trinity Industries' stock is owned by a variety of of retail and institutional investors. Top institutional investors include ValueAct Holdings L.P. (14.97%), BlackRock Inc. (8.74%), Dimensional Fund Advisors LP (3.14%), Jennison Associates LLC (1.54%), Bank of New York Mellon Corp (1.49%) and P Schoenfeld Asset Management LP (1.27%). Company insiders that own Trinity Industries stock include Brandon B Boze, D Stephen Menzies, 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 Two Sigma Investments LP, First Trust Advisors LP, Harris Associates L P, Prudential Financial Inc., Water Island Capital LLC, LSV Asset Management, Hennessy Advisors Inc. and Public Employees Retirement System of Ohio. View Insider Buying and Selling for Trinity Industries.

Which major investors are buying Trinity Industries stock?

TRN stock was acquired by a variety of institutional investors in the last quarter, including P Schoenfeld Asset Management LP, Norges Bank, Oregon Public Employees Retirement Fund, Wexford Capital LP, Locust Wood Capital Advisers LLC, Jennison Associates LLC, Monarch Partners Asset Management LLC and ValueAct Holdings L.P.. 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, Scottrade, Fidelity and Charles Schwab.

What is Trinity Industries' stock price today?

One share of TRN stock can currently be purchased for approximately $20.96.

How big of a company is Trinity Industries?

Trinity Industries has a market capitalization of $2.79 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.

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:  2.4 out of 5 (star star)
Outperform Votes:  317 (Vote Outperform)
Underperform Votes:  334 (Vote Underperform)
Total Votes:  651
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 3/23/2019 by MarketBeat.com Staff

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