Trinity Industries Stock Forecast, Price & News

Trinity Industries' stock was trading at $17.11 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TRN stock has increased by 68.6% and is now trading at $28.84.
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2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Trinity Industries stock.
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18 employees have rated Trinity Industries CEO Jean Savage on Glassdoor.com. Jean Savage has an approval rating of 77% among Trinity Industries' employees.

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) posted its quarterly earnings results on Wednesday, October, 21st. The transportation company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.10. The transportation company earned $459.40 million during the quarter, compared to analyst estimates of $443.80 million. Trinity Industries had a trailing twelve-month return on equity of 3.58% and a net margin of 0.06%. During the same quarter in the previous year, the business earned $0.39 EPS.
View Trinity Industries' earnings history.

Trinity Industries declared a quarterly dividend on Thursday, December 10th. Stockholders of record on Friday, January 15th will be paid a dividend of $0.21 per share on Friday, January 29th. This represents a $0.84 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date is Thursday, January 14th. This is a positive change from Trinity Industries's previous quarterly dividend of $0.19.
View Trinity Industries' dividend history.

Trinity Industries pays an annual dividend of $0.84 per share and currently has a dividend yield of 2.94%. Trinity Industries does not yet have a strock track record of dividend growth. The dividend payout ratio of Trinity Industries is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Trinity Industries will have a dividend payout ratio of 127.27% in the coming year. This indicates that Trinity Industries may not be able to sustain their current dividend.
View Trinity Industries' dividend history.

Trinity Industries's stock split on Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly issued shares were issued to shareholders after the market closes 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 approved a share repurchase plan on Wednesday, October 21st 2020, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 9.9% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

2 brokerages have issued 1-year price targets for Trinity Industries' stock. Their forecasts range from $21.00 to $30.00. On average, they anticipate Trinity Industries' stock price to reach $25.50 in the next twelve months. This suggests that the stock has a possible downside of 11.6%.
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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), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Lindsay (LNN) and Astec Industries (ASTE).
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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 many different retail and institutional investors. Top institutional investors include New York State Teachers Retirement System (0.11%), Kestra Advisory Services LLC (0.11%), ProVise Management Group LLC (0.10%), Retirement Systems of Alabama (0.10%), Strs Ohio (0.06%) and North Star Investment Management Corp. (0.03%). 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 Pacer Advisors Inc., New England Research & Management Inc., New York State Teachers Retirement System, Retirement Systems of Alabama, Crossmark Global Holdings Inc., OLD National Bancorp IN, Strs Ohio, and First National Bank of Mount Dora Trust Investment Services.
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TRN stock was purchased by a variety of institutional investors in the last quarter, including Kestra Advisory Services LLC, North Star Investment Management Corp., Harvey Investment Co. LLC, Janney Montgomery Scott LLC, Measured Wealth Private Client Group LLC, ProVise Management Group LLC, and Sowell Financial Services LLC. 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 or or view top insider-buying stocks.

Shares of TRN 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.

One share of TRN stock can currently be purchased for approximately $28.84.

Trinity Industries has a market capitalization of $3.29 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]