TriMas (TRS) Stock Price, News & Analysis

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriMas in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TRS shares.
View TRS analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1 year price objectives for TriMas' stock. Their TRS share price targets range from $40.00 to $40.00. On average, they expect the company's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 57.0% from the stock's current price.
View analysts price targets for TRS or view top-rated stocks among Wall Street analysts.

TriMas' stock was trading at $25.33 on January 1st, 2024. Since then, TRS stock has increased by 0.6% and is now trading at $25.48.
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TriMas saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 248,800 shares, an increase of 29.5% from the March 15th total of 192,100 shares. Based on an average daily volume of 226,300 shares, the short-interest ratio is presently 1.1 days. Currently, 0.6% of the company's shares are short sold.
View TriMas' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our TRS earnings forecast.

TriMas will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745821".

TriMas Co. (NASDAQ:TRS) announced its quarterly earnings data on Thursday, February, 29th. The industrial products company reported $0.37 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.54 by $0.17. The industrial products company had revenue of $209.60 million for the quarter, compared to analyst estimates of $246.44 million. TriMas had a trailing twelve-month return on equity of 8.85% and a net margin of 4.52%. The business's revenue for the quarter was up 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.62 earnings per share.

TriMas announced a quarterly dividend on Monday, February 19th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.04 per share on Friday, March 8th. This represents a $0.16 annualized dividend and a dividend yield of 0.63%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for TRS.

TriMas (NASDAQ:TRS) pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.63%. The dividend payout ratio is 16.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRS will have a dividend payout ratio of 6.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRS.

TriMas updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share (EPS) guidance of 1.950-2.150 for the period, compared to the consensus EPS estimate of 2.320. The company issued revenue guidance of $938.2 million-$965.0 million, compared to the consensus revenue estimate of $1.1 billion.

6 employees have rated TriMas Chief Executive Officer Thomas Amato on Glassdoor.com. Thomas Amato has an approval rating of 62% among the company's employees. This puts Thomas Amato in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other TriMas investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Bank of America (BAC), First Data (FDC), Ciena (CIEN), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

TriMas' stock is owned by a variety of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (7.58%) and Diversified Trust Co (0.05%). Insiders that own company stock include Daniel P Tredwell, Fabio Leandro Matheus Salik, Jeffrey A Fielkow, Jeffrey M Greene, John Philip Schaefer, Paul Swart, Samuel Valenti III, Scott A Mell, Teresa Finley and Thomas A Amato.
View institutional ownership trends.

Shares of TRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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