Trinity Industries Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Trinity Industries stock.
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Wall Street analysts have given Trinity Industries a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Trinity Industries wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Trinity Industries is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for Trinity Industries.

Trinity Industries, Inc. (NYSE:TRN) posted its quarterly earnings data on Thursday, July, 22nd. The transportation company reported $0.15 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.06. The transportation company had revenue of $371.50 million for the quarter, compared to analysts' expectations of $449.95 million. Trinity Industries had a positive trailing twelve-month return on equity of 2.54% and a negative net margin of 5.23%. The business's quarterly revenue was down 27.0% on a year-over-year basis. During the same period last year, the business posted $0.02 EPS.
View Trinity Industries' earnings history.

Trinity Industries' stock was trading at $17.11 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRN stock has increased by 55.3% and is now trading at $26.57.
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Trinity Industries announced a quarterly dividend on Wednesday, September 8th. Investors of record on Friday, October 15th will be given a dividend of $0.21 per share on Friday, October 29th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend is Thursday, October 14th. This is a positive change from Trinity Industries's previous quarterly dividend of $0.01.
View Trinity Industries' dividend history.

Trinity Industries pays an annual dividend of $0.84 per share and currently has a dividend yield of 3.13%. The dividend payout ratio of Trinity Industries is 227.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Trinity Industries will have a dividend payout ratio of 63.16% next year. This indicates that Trinity Industries will be able to sustain or increase its dividend.
View Trinity Industries' dividend history.

Trinity Industries's stock split before market open on Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly minted 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.

Trinity Industries declared that its Board of Directors has authorized a share repurchase plan on Wednesday, September 8th 2021, which permits the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its shares are undervalued.

4 analysts have issued 1-year price objectives for Trinity Industries' stock. Their forecasts range from $26.29 to $36.00. On average, they expect Trinity Industries' stock price to reach $33.07 in the next year. This suggests a possible upside of 24.5% from the stock's current price.
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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.

Some companies that are related to Trinity Industries include Deere & Company (DE), Caterpillar (CAT), Cummins (CMI), PACCAR (PCAR), Westinghouse Air Brake Technologies (WAB), The Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Terex (TEX), Federal Signal (FSS), Alamo Group (ALG), Lindsay (LNN), Meritor (MTOR), The Greenbrier Companies (GBX) 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 a number of retail and institutional investors. Top institutional shareholders include ValueAct Holdings L.P. (15.11%), ValueAct Holdings L.P. (15.11%), Capital International Investors (12.91%), BlackRock Inc. (9.55%), Vanguard Group Inc. (9.10%) and Dimensional Fund Advisors LP (6.21%). Company insiders that own Trinity Industries stock include Brandon B Boze, Brian D Madison, Gregory B Mitchell, Jean Savage, John L Adams, Melendy E Lovett 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 ValueAct Holdings L.P., ValueAct Holdings L.P., Vaughan Nelson Investment Management L.P., First Trust Advisors LP, Goldman Sachs Group Inc., State Board of Administration of Florida Retirement System, Tudor Investment Corp Et Al, and Morgan Stanley. Company insiders that have sold Trinity Industries company stock in the last year include Brian D Madison, Gregory B Mitchell, John L Adams, and Melendy E Lovett.
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TRN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., State Street Corp, Northern Trust Corp, Geode Capital Management LLC, ProShare Advisors LLC, Jennison Associates LLC, and Nuveen Asset Management 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.
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One share of TRN stock can currently be purchased for approximately $26.57.

Trinity Industries has a market capitalization of $2.64 billion and generates $2.00 billion in revenue each year. The transportation company earns $-147,300,000.00 in net income (profit) each year or $0.37 on an earnings per share basis.

Trinity Industries employs 6,375 workers across the globe.

The official website for Trinity Industries is www.trin.net.

Trinity Industries is headquartered at 2525 NORTH STEMMONS FREEWAY, DALLAS TX, 75207.

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].