NYSE:TRTNTriton International Stock Price, Forecast & News

$31.63

+0.77 (+2.50 %)

(As of 06/2/2020 01:39 PM ET)

Add

Compare

Today's Range

$30.96

Now: $31.63▼

$31.92

50-Day Range

$27.17

MA: $29.53▼

$32.20

52-Week Range

$19.80

Now: $31.63▼

$40.81

Volume128,460 shs

Average Volume364,388 shs

Market Capitalization$2.22 billion

P/E Ratio7.39

Dividend Yield6.82%

Beta2.04

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry, refrigerated, special, and tank containers; and chassis used for the transportation of intermodal containers, as well as provides container management services. As of December 31, 2018, its total fleet consisted of 3.7 million containers and chassis representing 6.2 million twenty-foot equivalent units. The company also purchases containers from shipping line customers and other sellers, and resells these containers to container retailers and users. It operates in Asia, Europe, the Americas, Bermuda, and internationally. The company was founded in 1980 and is based in Hamilton, Bermuda.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Triton International has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.00, Triton International has a potential upside of 32.8% from its current price of $31.63.
Amount of Analyst Coverage
Triton International has received no research coverage in the past 90 days.

2.3 Community Rank

Outperform Votes
Triton International has received 326 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Triton International has received 383 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Triton International has received 54.02% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Triton International and other stocks. Vote “Outperform” if you believe TRTN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TRTN will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Triton International is a leading dividend payer. It pays a dividend yield of 6.82%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Triton International has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Triton International is 45.51 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Triton International will have a dividend payout ratio of 46.74 % next year. This indicates that Triton International will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Triton International insiders have sold 3,669.38% more of their company's stock than they have bought. Specifically, they have bought $68,900.00 in company stock and sold $2,597,101.00 in company stock.
Percentage Held by Insiders
Only 1.70% of the stock of Triton International is held by insiders.
Percentage Held by Institutions
63.40% of the stock of Triton International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Triton International are expected to grow by 15.58% in the coming year, from $3.85 to $4.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Triton International is 7.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Triton International is 7.39, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.59.
Price to Earnings Growth Ratio
Triton International has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Triton International has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.59 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Equipment rental & leasing, not elsewhere classified

Sub-IndustryN/A

SectorTransportation

Current SymbolNYSE:TRTN

Previous SymbolNASDAQ:TRTN

CUSIPN/A

CIK1660734

Webwww.trtn.com

Phone441-294-8033

Debt

Debt-to-Equity Ratio3.38

Current Ratio1.83

Quick Ratio1.83

Price-To-Earnings

Trailing P/E Ratio7.39

Forward P/E Ratio8.22

P/E Growth0.79

Sales & Book Value

Annual Sales$1.35 billion

Price / Sales1.65

Cash Flow$13.58 per share

Price / Cash Flow2.33

Book Value$29.45 per share

Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$4.57

Net Income$352.69 million

Net Margins25.06%

Return on Equity16.00%

Return on Assets3.38%

Miscellaneous

Employees243

Outstanding Shares70,280,000

Market Cap$2.22 billion

Next Earnings Date7/23/2020 (Estimated)

OptionableOptionable

Receive TRTN News and Ratings via Email

Sign-up to receive the latest news and ratings for TRTN and its competitors with MarketBeat's FREE daily newsletter.

Triton International (NYSE:TRTN) Frequently Asked Questions

How has Triton International's stock been impacted by COVID-19 (Coronavirus)?

Triton International's stock was trading at $27.32 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TRTN shares have increased by 15.8% and is now trading at $31.63. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Triton International?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Triton International in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Triton International.

When is Triton International's next earnings date?

Triton International is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Triton International.

How were Triton International's earnings last quarter?

Triton International Ltd (NYSE:TRTN) released its quarterly earnings data on Friday, April, 24th. The company reported $0.93 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.03 by $0.10. The business had revenue of $321.50 million for the quarter, compared to analysts' expectations of $327.04 million. Triton International had a return on equity of 16.00% and a net margin of 25.06%. The company's quarterly revenue was down 5.7% on a year-over-year basis. During the same period last year, the firm earned $1.19 earnings per share. View Triton International's earnings history.

How often does Triton International pay dividends? What is the dividend yield for Triton International?

Triton International announced a quarterly dividend on Friday, April 24th. Shareholders of record on Thursday, June 11th will be given a dividend of $0.52 per share on Thursday, June 25th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 6.58%. The ex-dividend date is Wednesday, June 10th. View Triton International's dividend history.

What price target have analysts set for TRTN?

3 brokerages have issued 1 year price targets for Triton International's shares. Their forecasts range from $38.00 to $46.00. On average, they expect Triton International's share price to reach $42.00 in the next year. This suggests a possible upside of 32.8% from the stock's current price. View analysts' price targets for Triton International.

Has Triton International been receiving favorable news coverage?

News coverage about TRTN stock has been trending very positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Triton International earned a media sentiment score of 3.5 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutTriton International.

Are investors shorting Triton International?

Triton International saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,150,000 shares, an increase of 5.4% from the April 30th total of 2,040,000 shares. Based on an average trading volume of 462,700 shares, the short-interest ratio is currently 4.6 days. Approximately 4.3% of the company's stock are short sold. View Triton International's Current Options Chain.

Who are some of Triton International's key competitors?

Some companies that are related to Triton International include AerCap (AER), Air Lease (AL), Aaron's (AAN), Rent-A-Center (RCII), McGrath RentCorp (MGRC), Textainer Group (TGH), CAI International (CAI), Exterran (EXTN), General Finance (GFN), Black Diamond Group (BDIMF), FlexShopper (FPAY), Quest Resource (QRHC), MITCHAM INDUSTR/SH (MIND) and Aly Energy Services (ALYE). View all competitors.

What other stocks do shareholders of Triton International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Triton International investors own include Main Street Capital (MAIN), AT&T (T), Blackstone Group (BX), Energy Transfer LP Unit (ET), AbbVie (ABBV), Micron Technology (MU), Pfizer (PFE), Centurylink (CTL), Enterprise Products Partners (EPD) and NVIDIA (NVDA).

Who are Triton International's key executives?

Triton International's management team includes the following people:

Mr. Brian M. Sondey, Chairman & CEO (Age 52)
Mr. John C. Burns, Sr. VP & CFO (Age 58)
Mr. John F. O'Callaghan, Exec. VP and Global Head of Field Marketing & Operations (Age 58)
Mr. Marc A. Pearlin, Sr. VP, Gen. Counsel & Sec. (Age 64)
Mr. Kevin Valentine, Sr. VP of Triton Container Sales (Age 53)

What is Triton International's stock symbol?

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

Who are Triton International's major shareholders?

Triton International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (5.76%), BlackRock Inc. (5.38%), State Street Corp (1.76%), Geode Capital Management LLC (1.02%), Clearbridge Investments LLC (0.77%) and JPMorgan Chase & Co. (0.53%). Company insiders that own Triton International stock include Claude Germain, Global Ltd Bharti, Kevin Valentine, Michelle Gallagher and Pincus (Ganymede-Ii) P Warburg. View institutional ownership trends for Triton International.

Which major investors are selling Triton International stock?

TRTN stock was sold by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Federated Hermes Inc., Morgan Stanley, Morgan Stanley, BlackRock Inc., Nuveen Asset Management LLC, Chicago Equity Partners LLC, and Invesco Ltd.. Company insiders that have sold Triton International company stock in the last year include Global Ltd Bharti, Kevin Valentine, and Michelle Gallagher. View insider buying and selling activity for Triton International.

Which major investors are buying Triton International stock?

TRTN stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Donald Smith & CO. Inc., Abrams Bison Investments LLC, JPMorgan Chase & Co., Robeco Institutional Asset Management B.V., Victory Capital Management Inc., Victory Capital Management Inc., and Caxton Associates LP. Company insiders that have bought Triton International stock in the last two years include Claude Germain, and Global Ltd Bharti. View insider buying and selling activity for Triton International.

How do I buy shares of Triton International?

Shares of TRTN 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 Triton International's stock price today?

One share of TRTN stock can currently be purchased for approximately $31.63.

How big of a company is Triton International?

Triton International has a market capitalization of $2.22 billion and generates $1.35 billion in revenue each year. The company earns $352.69 million in net income (profit) each year or $4.57 on an earnings per share basis. Triton International employs 243 workers across the globe.

What is Triton International's official website?

The official website for Triton International is www.trtn.com.

How can I contact Triton International?

Triton International's mailing address is VICTORIA PLACE 5TH FLOOR 31 VICTORIA STREET, HAMILTON D0, HM10. The company can be reached via phone at 441-294-8033 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff