Trinity Industries (TRN) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TRN shares.
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3 brokerages have issued twelve-month target prices for Trinity Industries' shares. Their TRN share price targets range from $26.00 to $31.00. On average, they predict the company's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
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Trinity Industries' stock was trading at $26.59 at the beginning of the year. Since then, TRN shares have decreased by 0.6% and is now trading at $26.42.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
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Trinity Industries will be holding an earnings conference call on Wednesday, May 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "2896186".

Trinity Industries, Inc. (NYSE:TRN) announced its quarterly earnings data on Thursday, February, 22nd. The transportation company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.16. The transportation company earned $797.90 million during the quarter, compared to the consensus estimate of $749.25 million. Trinity Industries had a net margin of 3.55% and a trailing twelve-month return on equity of 9.29%. Trinity Industries's quarterly revenue was up 35.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.44 earnings per share.

Trinity Industries announced a quarterly dividend on Thursday, March 7th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.28 per share on Tuesday, April 30th. This represents a $1.12 annualized dividend and a dividend yield of 4.24%. The ex-dividend date is Friday, April 12th.
Read our dividend analysis for TRN.

Trinity Industries (NYSE:TRN) pays an annual dividend of $1.12 per share and currently has a dividend yield of 4.22%. TRN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, TRN will have a dividend payout ratio of 55.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TRN.

ETFs with the largest weight of Trinity Industries (NYSE:TRN) stock in their portfolio include Invesco High Yield Equity Dividend Achievers ETF (PEY), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Industrials ETF (PSCI) and Hypatia Women CEO ETF (WCEO).SPDR S&P 600 Small Cap ETF (SLY).

Trinity Industries's stock split on the morning of Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly created shares were distributed to shareholders after the market closes on Thursday, June 19th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Trinity Industries announced that its board has initiated a share repurchase plan on Thursday, December 8th 2022, which authorizes the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 10.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

Trinity Industries updated its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided EPS guidance of 1.300-1.500 for the period, compared to the consensus estimate of 1.940. The company issued revenue guidance of -.

18 employees have rated Trinity Industries Chief Executive Officer Jean Savage on Glassdoor.com. Jean Savage has an approval rating of 77% among the company's employees.

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), Walt Disney (DIS), Greenbrier Companies (GBX), Micron Technology (MU), Intel (INTC), Starbucks (SBUX) and Pfizer (PFE).

Trinity Industries' stock is owned by many different retail and institutional investors. Top institutional investors include Raymond James & Associates (0.58%), State of Alaska Department of Revenue (0.06%), First National Bank of Mount Dora Trust Investment Services (0.04%), Los Angeles Capital Management LLC (0.03%), Atlantic Union Bankshares Corp (0.02%) and Tradewinds Capital Management LLC (0.00%). Insiders that own company stock include Brian D Madison, Eric R Marchetto, Gregory B Mitchell, Holdings LP Valueact, Jean Savage and Todd Maclin.
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Shares of TRN 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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