NYSE:TRNTrinity Industries Stock Price, Forecast & News

$19.88

-0.13 (-0.65 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$19.65

Now: $19.88▼

$20.15

50-Day Range

$14.75

MA: $17.38▼

$20.01

52-Week Range

$14.53

Now: $19.88▼

$24.64

Volume722,150 shs

Average Volume1.58 million shs

Market Capitalization$2.34 billion

P/E Ratio9.16

Dividend Yield3.82%

Beta1.76

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.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Trinity Industries has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $19.60, Trinity Industries has a potential downside of 1.4% from its current price of $19.88.
Amount of Analyst Coverage
Trinity Industries has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Trinity Industries has received 382 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Trinity Industries has received 407 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Trinity Industries has received 51.58% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Trinity Industries is a leading dividend payer. It pays a dividend yield of 3.82%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Trinity Industries has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Trinity Industries is 60.32 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Trinity Industries will have a dividend payout ratio of 97.44 % in the coming year. This indicates that Trinity Industries may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Trinity Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought $20,699,618.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 23.50% of the stock of Trinity Industries is held by insiders.
Percentage Held by Institutions
96.31% of the stock of Trinity Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Trinity Industries are expected to grow by 59.18% in the coming year, from $0.49 to $0.78 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Trinity Industries is 9.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Trinity Industries is 9.16, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.45.
Price to Book Value per Share Ratio
Trinity Industries has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.90 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Railroad equipment

Sub-IndustryConstruction & Farm Machinery & Heavy Trucks

SectorTransportation

Current SymbolNYSE:TRN

Previous Symbol

CUSIP89652210

CIK99780

Webwww.trin.net

Phone214-631-4420

Debt

Debt-to-Equity Ratio1.97

Current Ratio2.41

Quick Ratio1.62

Price-To-Earnings

Trailing P/E Ratio9.16

Forward P/E Ratio40.57

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.01 billion

Price / Sales0.78

Cash Flow$3.63 per share

Price / Cash Flow5.48

Book Value$20.93 per share

Price / Book0.95

Profitability

EPS (Most Recent Fiscal Year)$1.26

Net Income$137.60 million

Net Margins8.91%

Return on Equity5.91%

Return on Assets1.66%

Miscellaneous

Employees11,875

Outstanding Shares117,830,000

Market Cap$2.34 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Trinity Industries (NYSE:TRN) Frequently Asked Questions

How has Trinity Industries' stock been impacted by COVID-19 (Coronavirus)?

Trinity Industries' stock was trading at $17.11 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TRN stock has increased by 16.2% and is now trading at $19.88. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Trinity Industries?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Trinity Industries.

When is Trinity Industries' next earnings date?

Trinity Industries is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Trinity Industries.

How were Trinity Industries' earnings last quarter?

Trinity Industries Inc (NYSE:TRN) posted its earnings results on Wednesday, April, 29th. The transportation company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.04. The transportation company earned $615.20 million during the quarter, compared to analyst estimates of $566.73 million. Trinity Industries had a net margin of 8.91% and a return on equity of 5.91%. The firm's quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.23 earnings per share. View Trinity Industries' earnings history.

How often does Trinity Industries pay dividends? What is the dividend yield for Trinity Industries?

Trinity Industries declared a quarterly dividend on Monday, May 4th. Investors of record on Wednesday, July 15th will be paid a dividend of $0.19 per share on Friday, July 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date is Tuesday, July 14th. View Trinity Industries' dividend history.

When did Trinity Industries' stock split? How did Trinity Industries' stock split work?

Shares of Trinity Industries 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 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.

What price target have analysts set for TRN?

5 brokerages have issued twelve-month target prices for Trinity Industries' stock. Their forecasts range from $17.00 to $22.00. On average, they expect Trinity Industries' share price to reach $19.60 in the next year. This suggests that the stock has a possible downside of 1.4%. View analysts' price targets for Trinity Industries.

Has Trinity Industries been receiving favorable news coverage?

Headlines about TRN stock have trended somewhat negative on Sunday, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Trinity Industries earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave news stories about the transportation company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutTrinity Industries.

Are investors shorting Trinity Industries?

Trinity Industries saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 11,860,000 shares, a drop of 8.4% from the April 30th total of 12,950,000 shares. Based on an average daily trading volume, of 1,580,000 shares, the days-to-cover ratio is presently 7.5 days. Currently, 10.3% of the shares of the company are short sold. View Trinity Industries' Current Options Chain.

Who are some of Trinity Industries' key competitors?

Some companies that are related to Trinity Industries include Caterpillar (CAT), Deere & Company (DE), PACCAR (PCAR), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Lindsay (LNN) and Terex (TEX). View all 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), Bank of America (BAC), General Electric (GE), Walt Disney (DIS), Intel (INTC), Greenbrier Companies (GBX), PNC Financial Services Group (PNC), Starbucks (SBUX) and Micron Technology (MU).

Who are Trinity Industries' key executives?

Trinity Industries' management team includes the following people:

Mr. Timothy R. Wallace, CEO, Pres & Director (Age 65)
Brandon B. Boze, Director (Age 38)
Ms. Melendy E. Lovett, Sr. VP & CFO (Age 61)
Mr. S. Theis Rice, Sr. VP & Chief Compliance Officer (Age 68)
Mr. Eric R. Marchetto, Sr. VP & Group Pres (Age 49)

What is Trinity Industries' stock symbol?

Trinity Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRN."

Who are Trinity Industries' major shareholders?

Trinity Industries' stock is owned by a variety of institutional and retail investors. Top institutional investors include ValueAct Holdings L.P. (22.92%), BlackRock Inc. (7.25%), Fiduciary Management Inc. WI (2.83%), State Street Corp (2.45%), Capital International Investors (2.15%) and Bank of New York Mellon Corp (1.37%). Company insiders that own Trinity Industries stock include Brandon B Boze, Brian D Madison and Jean Savage. View institutional ownership trends for Trinity Industries.

Which institutional investors are selling Trinity Industries stock?

TRN stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, BlackRock Inc., Two Sigma Investments LP, Two Sigma Advisers LP, Principal Financial Group Inc., Squarepoint Ops LLC, NWQ Investment Management Company LLC, and KBC Group NV. View insider buying and selling activity for Trinity Industries.

Which institutional investors are buying Trinity Industries stock?

TRN stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, ValueAct Holdings L.P., Vaughan Nelson Investment Management L.P., Luminus Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., Deutsche Bank AG, and Alliancebernstein L.P.. Company insiders that have bought Trinity Industries stock in the last two years include Brandon B Boze, and Jean Savage. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Trinity Industries' stock price today?

One share of TRN stock can currently be purchased for approximately $19.88.

How big of a company is Trinity Industries?

Trinity Industries has a market capitalization of $2.34 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.

What is Trinity Industries' official website?

The official website for Trinity Industries is 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]

This page was last updated on 5/24/2020 by MarketBeat.com Staff