Triton International (TRTN) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Triton International in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TRTN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRTN, but not buy additional shares or sell existing shares.
View TRTN analyst ratings or view top-rated stocks.

3 analysts have issued twelve-month target prices for Triton International's stock. Their TRTN share price forecasts range from $74.00 to $74.00. On average, they expect the company's stock price to reach $74.00 in the next twelve months. This suggests that the stock has a possible downside of 10.9%.
View analysts price targets for TRTN or view top-rated stocks among Wall Street analysts.

Triton International's stock was trading at $68.78 at the start of the year. Since then, TRTN shares have increased by 20.7% and is now trading at $83.01.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our TRTN earnings forecast.

Triton International Limited (NYSE:TRTN) posted its earnings results on Tuesday, August, 1st. The company reported $2.38 earnings per share for the quarter, topping analysts' consensus estimates of $2.34 by $0.04. The business earned $386.50 million during the quarter, compared to analysts' expectations of $402.01 million. Triton International had a trailing twelve-month return on equity of 26.30% and a net margin of 39.79%. The business's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same period last year, the business earned $2.92 earnings per share.

Triton International announced a quarterly dividend on Tuesday, August 1st. Investors of record on Friday, September 8th will be given a dividend of $0.70 per share on Friday, September 22nd. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Thursday, September 7th.
Read our dividend analysis for TRTN.

ETFs with the largest weight of Triton International (NYSE:TRTN) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), First Trust Nasdaq Transportation ETF (FTXR), ProShares Merger ETF (MRGR), Profound Medical (PRN), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Franklin U.S. Small Cap Multifactor Index ETF (FLQS), Nuveen ESG Small-Cap ETF (NUSC) and Vanguard Russell 2000 Value ETF (VTWV).

Triton International (NYSE:TRTN) pays an annual dividend of $2.80 per share and currently has a dividend yield of 3.38%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TRTN will have a dividend payout ratio of 28.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRTN.

Based on aggregate information from My MarketBeat watchlists, some companies that other Triton International investors own include Main Street Capital (MAIN), AT&T (T), Pfizer (PFE), Energy Transfer (ET), AbbVie (ABBV), Blackstone (BX), Micron Technology (MU), Verizon Communications (VZ), Enterprise Products Partners (EPD) and Cisco Systems (CSCO).

Triton International trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRTN."

Triton International's stock is owned by many different institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (2.07%), Donald Smith & CO. Inc. (0.46%), Hallmark Capital Management Inc. (0.41%), Bank of New York Mellon Corp (0.39%), PEAK6 Investments LLC (0.00%) and Gabelli Funds LLC (0.26%). Insiders that own company stock include Claude Germain, John Burns, John F O'callaghan, Kevin Valentine, Michelle Gallagher, Robert W Alspaugh, Simon R Vernon and Vestar/Triton Investments Iii,.
View institutional ownership trends.

Shares of TRTN 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.
Compare Top Brokerages Here.

One share of TRTN stock can currently be purchased for approximately $83.01.

Triton International (NYSE:TRTN) has a market capitalization of $4.57 billion and generates $1.68 billion in revenue each year. The company earns $746.92 million in net income (profit) each year or $10.27 on an earnings per share basis.

The company employs 244 workers across the globe.

Triton International's mailing address is VICTORIA PLACE 5TH FLOOR 31 VICTORIA STREET, HAMILTON D0, HM 10. The official website for the company is www.tritoninternational.com. The company can be reached via phone at (441) 294-8033, via email at trtn.investors@trtn.com, or via fax at 441-295-3328.