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DOW   39,807.37
QQQ   444.01
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:TRS

TriMas (TRS) Stock Price, News & Analysis

$26.73
+0.25 (+0.94%)
(As of 03/28/2024 ET)
Today's Range
$26.44
$26.94
50-Day Range
$23.44
$26.73
52-Week Range
$22.59
$29.07
Volume
168,505 shs
Average Volume
270,367 shs
Market Capitalization
$1.10 billion
P/E Ratio
27.56
Dividend Yield
0.60%
Price Target
$40.00

TriMas MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
49.6% Upside
$40.00 Price Target
Short Interest
Healthy
0.48% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.02
Upright™ Environmental Score
News Sentiment
-0.04mentions of TriMas in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$260,060 Bought Last Quarter
Proj. Earnings Growth
25.26%
From $1.94 to $2.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.78 out of 5 stars

Industrial Products Sector

10th out of 172 stocks

Metal Forgings & Stampings Industry

1st out of 4 stocks

TRS stock logo

About TriMas Stock (NASDAQ:TRS)

TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide. The company operates through Packaging, Aerospace, and Specialty Products segments. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, and flexible spouts; polymeric jar products; integrated dispensers; bag-in-box products; and consumable vascular delivery and diagnostic test components under the Rieke, Taplast, Affaba & Ferrari, Intertech, Omega, and Rapak brands. The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting, and connectors for air management systems, and other highly-machined parts and components to original equipment manufacturers, supply chain distributors, and tier one suppliers, as well as maintenance, repair and overhaul (MRO)/aftermarket providers; and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products, and Martinic Engineering brands. The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines. It sells its products through a direct sales force, third-party agents, and distributors. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.

TRS Stock Price History

TRS Stock News Headlines

TriMas Announces Update to Board of Directors
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TriMas Full Year 2023 Earnings: Misses Expectations
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TriMas Q4 Adj. Profit Declines
TriMas Reports Fourth Quarter and Full Year 2023 Results
TriMas Declares Quarterly Dividend
TRS Mar 2024 22.500 put
Richard Pzena Adjusts Position in TriMas Corp
Is TriMas (TRS) Stock Undervalued Right Now?
TriMas Life Sciences Expands Its Cleanroom Capabilities
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 3/8 Dividend
2/29/2024
Dividend Payable
3/08/2024
Today
3/29/2024
Next Earnings (Estimated)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal forgings & stampings
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:TRS
CUSIP
89621520
Employees
3,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.00
High Stock Price Target
$40.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+49.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$40.36 million
Pretax Margin
5.66%

Debt

Sales & Book Value

Annual Sales
$893.55 million
Cash Flow
$2.95 per share
Book Value
$16.49 per share

Miscellaneous

Free Float
40,577,000
Market Cap
$1.10 billion
Optionable
Optionable
Beta
0.69
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Key Executives

  • Mr. Thomas A. AmatoMr. Thomas A. Amato (Age 61)
    President, CEO & Director
    Comp: $1.39M
  • Mr. Scott A. Mell (Age 52)
    CFO & Principal Accounting Officer
    Comp: $714.19k
  • Mr. Fabio L. Matheus Salik (Age 55)
    President of Packaging
    Comp: $483.96k
  • Mr. Al Malizia
    Vice President of Operations
  • Ms. Sherry Lauderback
    Vice President of Investor Relations & Communications
  • Ms. Jodi F. Robin (Age 43)
    General Counsel & Secretary
  • Mr. Jan Cornelis van Dijk
    VP of Corporate Development & Treasurer
  • Ms. Jill S. Stress (Age 46)
    Chief Human Resource Officer
  • Mr. Vitaliy V. Rusakov
    President of TriMas Aerospace

TRS Stock Analysis - Frequently Asked Questions

Should I buy or sell TriMas stock right now?

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.

What is TriMas' stock price target for 2024?

1 brokerages have issued twelve-month price targets for TriMas' shares. 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 49.6% from the stock's current price.
View analysts price targets for TRS
or view top-rated stocks among Wall Street analysts.

How have TRS shares performed in 2024?

TriMas' stock was trading at $25.33 at the beginning of the year. Since then, TRS shares have increased by 5.5% and is now trading at $26.73.
View the best growth stocks for 2024 here
.

Are investors shorting TriMas?

TriMas saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 192,100 shares, an increase of 22.7% from the February 29th total of 156,600 shares. Based on an average daily volume of 246,500 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.5% of the shares of the stock are sold short.
View TriMas' Short Interest
.

When is TriMas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our TRS earnings forecast
.

How were TriMas' earnings last quarter?

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

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

TriMas announced a quarterly dividend on Monday, February 19th. Investors 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 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for TRS
.

Is TriMas a good dividend stock?

TriMas (NASDAQ:TRS) pays an annual dividend of $0.16 per share and currently has a dividend yield of 0.60%. 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.

What guidance has TriMas issued on next quarter's earnings?

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 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.

What is Thomas Amato's approval rating as TriMas' CEO?

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.

What other stocks do shareholders of TriMas own?

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).

Who are TriMas' major shareholders?

TriMas' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.28%), Vanguard Group Inc. (10.38%), Fiduciary Management Inc. WI (7.50%), Allspring Global Investments Holdings LLC (7.41%), Pzena Investment Management LLC (6.16%) and Dimensional Fund Advisors LP (6.07%). 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
.

How do I buy shares of TriMas?

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.
Compare Top Brokerages Here.

This page (NASDAQ:TRS) was last updated on 3/29/2024 by MarketBeat.com Staff

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