S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
NYSE:TRN

Trinity Industries (TRN) Stock Price, News & Analysis

$26.25
+0.36 (+1.39%)
(As of 04/18/2024 ET)
Today's Range
$25.94
$26.51
50-Day Range
$24.25
$28.00
52-Week Range
$20.04
$28.86
Volume
532,840 shs
Average Volume
394,120 shs
Market Capitalization
$2.15 billion
P/E Ratio
20.83
Dividend Yield
4.27%
Price Target
$29.00

Trinity Industries MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
10.5% Upside
$29.00 Price Target
Short Interest
Healthy
2.15% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.79
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$273,868 Sold Last Quarter
Proj. Earnings Growth
39.04%
From $1.46 to $2.03 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.

4.41 out of 5 stars

Transportation Sector

19th out of 106 stocks

Railroad Equipment Industry

1st out of 4 stocks

TRN stock logo

About Trinity Industries Stock (NYSE:TRN)

Trinity Industries, Inc. provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2023, it had a fleet of 109,295 railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. The company was incorporated in 1933 and is headquartered in Dallas, Texas.

TRN Stock Price History

TRN Stock News Headlines

Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
TRN Oct 2024 34.000 call
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
TRN Oct 2024 23.000 put
TRN Nov 2024 30.000 put
TRN Oct 2024 22.000 put
TRN Jul 2024 21.000 put
Trinity Industries Q4 Profit Increases, beats estimates
See More Headlines
Receive TRN Stock News and Ratings via Email

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

Company Calendar

Ex-Dividend for 1/31 Dividend
1/11/2024
Dividend Payable
1/31/2024
Last Earnings
2/22/2024
Ex-Dividend for 4/30 Dividend
4/12/2024
Today
4/19/2024
Dividend Payable
4/30/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Railroad equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
89652210
Employees
9,480
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.00
High Stock Price Target
$31.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+10.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$106 million
Pretax Margin
4.99%

Debt

Sales & Book Value

Annual Sales
$2.98 billion
Cash Flow
$5.01 per share
Book Value
$15.58 per share

Miscellaneous

Free Float
80,877,000
Market Cap
$2.15 billion
Optionable
Optionable
Beta
1.39
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Ms. E. Jean Savage (Age 59)
    President, CEO & Director
    Comp: $1.73M
  • Mr. Eric R. Marchetto (Age 54)
    Executive VP & CFO
    Comp: $959.25k
  • Mr. Kevin Poet (Age 57)
    Executive Vice President of Operations & Support Services
    Comp: $723.25k
  • Heidi Cox
    Chief Information Officer
  • Ms. Leigh Anne Mann
    Vice President of Investor Relations
  • Mr. Scott Ewing
    Executive Vice President & Chief Legal Officer
  • Matt Pittman
    Chief Compliance Officer & Head of ESG
  • Mr. R. Mark Cox (Age 56)
    Executive Vice President of Corporate Development
  • Mr. David C. DelVecchio
    VP & Chief Human Resources Officer
  • Mr. Luis Augusto Pardo
    Executive VP of Mexico

TRN Stock Analysis - Frequently Asked Questions

Should I buy or sell Trinity Industries stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TRN shares.
View TRN analyst ratings
or view top-rated stocks.

What is Trinity Industries' stock price target for 2024?

3 Wall Street research analysts have issued 1 year price targets for Trinity Industries' shares. Their TRN share price targets range from $26.00 to $31.00. On average, they expect the company's stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price.
View analysts price targets for TRN
or view top-rated stocks among Wall Street analysts.

How have TRN shares performed in 2024?

Trinity Industries' stock was trading at $26.59 at the beginning of 2024. Since then, TRN shares have decreased by 1.3% and is now trading at $26.25.
View the best growth stocks for 2024 here
.

When is Trinity Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our TRN earnings forecast
.

How can I listen to Trinity Industries' earnings call?

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".

How were Trinity Industries' earnings last quarter?

Trinity Industries, Inc. (NYSE:TRN) announced its earnings results on Thursday, February, 22nd. The transportation company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.66 by $0.16. The transportation company had revenue of $797.90 million for 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%. The business's revenue for the quarter was up 35.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 EPS.

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

Trinity Industries announced a quarterly dividend on Thursday, March 7th. Stockholders 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 4.27%. The ex-dividend date is Friday, April 12th.
Read our dividend analysis for TRN
.

Is Trinity Industries a good dividend stock?

Trinity Industries (NYSE:TRN) pays an annual dividend of $1.12 per share and currently has a dividend yield of 4.29%. 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.

When did Trinity Industries' stock split?

Trinity Industries's stock split before market open on Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly minted shares were payable 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.

How will Trinity Industries' stock buyback program work?

Trinity Industries announced that its Board of Directors has initiated a stock repurchase plan on Thursday, December 8th 2022, which allows the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 10.1% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

What guidance has Trinity Industries issued on next quarter's earnings?

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

What is Jean Savage's approval rating as Trinity Industries' CEO?

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.

What other stocks do shareholders of Trinity Industries own?

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).

Who are Trinity Industries' major shareholders?

Trinity Industries' stock is owned by a number of institutional and retail investors. Top institutional shareholders include 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 Criterion Capital Advisors 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.
View institutional ownership trends
.

How do I buy shares of Trinity Industries?

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.
Compare Top Brokerages Here.

This page (NYSE:TRN) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners