Trinity Industries - TRN Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TRN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRN, but not buy additional shares or sell existing shares.
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4 analysts have issued 1-year price objectives for Trinity Industries' shares. Their TRN share price forecasts range from $27.00 to $34.00. On average, they anticipate the company's share price to reach $30.25 in the next twelve months. This suggests a possible upside of 5.3% from the stock's current price.
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Trinity Industries' stock was trading at $29.57 at the start of the year. Since then, TRN shares have decreased by 2.8% and is now trading at $28.74.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
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Trinity Industries will be holding an earnings conference call on Tuesday, February 21st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "8551226".

Trinity Industries, Inc. (NYSE:TRN) posted its quarterly earnings results on Thursday, October, 21st. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.11. The transportation company earned $503.50 million during the quarter, compared to the consensus estimate of $453.98 million. Trinity Industries had a net margin of 8.76% and a trailing twelve-month return on equity of 3.96%. The company's revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.17 earnings per share.

Trinity Industries declared a quarterly dividend on Thursday, December 8th. Stockholders of record on Friday, January 13th will be given a dividend of $0.26 per share on Tuesday, January 31st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date is Thursday, January 12th. This is an increase from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for TRN.

Trinity Industries (NYSE:TRN) pays an annual dividend of $1.04 per share and currently has a dividend yield of 3.62%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRN will have a dividend payout ratio of 53.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRN.

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 market closes on Thursday, June 19th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Trinity Industries announced that its Board of Directors has approved a share repurchase plan on Thursday, December 8th 2022, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 10.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

18 employees have rated Trinity Industries Chief Executive Officer Jean Savage on Glassdoor.com. Jean Savage has an approval rating of 77% among the company's employees.

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), Walt Disney (DIS), 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 number of retail and institutional investors. Top institutional investors include Natixis Advisors L.P. (0.44%), ProShare Advisors LLC (0.37%), Fisher Asset Management LLC (0.28%), International Assets Investment Management LLC (0.14%), New York State Teachers Retirement System (0.13%) and State of New Jersey Common Pension Fund D (0.09%). Insiders that own company stock include Brandon B Boze, Brian D Madison, Gregory B Mitchell, Holdings LP Valueact, Jean Savage, John L Adams, Melendy E Lovett and Todd Maclin.
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Shares of TRN stock 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.
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One share of TRN stock can currently be purchased for approximately $28.74.

Trinity Industries (NYSE:TRN) has a market capitalization of $2.34 billion and generates $1.52 billion in revenue each year. The transportation company earns $182 million in net income (profit) each year or $1.71 on an earnings per share basis.

The company employs 2,000 workers across the globe.

Trinity Industries' mailing address is 2525 NORTH STEMMONS FREEWAY, DALLAS TX, 75207. The official website for the company is www.trin.net. The transportation company can be reached via phone at (214) 631-4420, via email at trinityinvestorrelations@trin.net, or via fax at 214-589-8824.