Trinity Industries (NYSE:TRN) Shares Gap Up on Earnings Beat

Trinity Industries, Inc. (NYSE:TRN)’s share price gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $31.68, but opened at $33.68. Trinity Industries shares last traded at $34.9270, with a volume of 194,409 shares trading hands.

The transportation company reported $2.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.30 by $0.01. The firm had revenue of $611.20 million for the quarter, compared to the consensus estimate of $570.45 million. Trinity Industries had a return on equity of 8.18% and a net margin of 4.39%.The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 EPS. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS.

Trinity Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were given a $0.31 dividend. The ex-dividend date was Thursday, January 15th. This is a positive change from Trinity Industries’s previous quarterly dividend of $0.30. This represents a $1.24 dividend on an annualized basis and a yield of 3.6%. Trinity Industries’s dividend payout ratio is 108.77%.

Trinity Industries News Roundup

Here are the key news stories impacting Trinity Industries this week:

• Positive Sentiment: Raised FY‑2026 EPS guidance to $1.85–$2.10 vs. the prior consensus ~ $1.65, signaling management confidence in near‑term earnings power. Press Release
• Positive Sentiment: Q4 reported EPS of $2.31 beat the Street by $0.01 and revenue of $611.2M beat estimates, providing immediate fundamental support for the share move. Earnings Release
• Positive Sentiment: Relative Strength (RS) rating upgrade and technical interest likely attracted momentum and quant funds after the print. RS Upgrade
• Neutral Sentiment: Reported results include a large non‑cash pre‑tax gain ($194M) from a railcar partnership restructuring — it materially lifted GAAP EPS but is mostly one‑time; adjust for this when judging operational momentum. Earnings Detail
• Neutral Sentiment: Market commentary and post‑earnings pieces are re‑examining TRN’s valuation after the beats and guide, which could support a rerating if management’s guidance proves sustainable. Valuation Note
• Negative Sentiment: Underlying revenue was down ~2.9% YoY and profitability metrics (net margin ~4.4%) remain modest; also note a high debt‑to‑equity ratio (~4.75), which raises leverage risk if cycles weaken. Financial Snapshot

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TRN. Susquehanna set a $28.00 price target on shares of Trinity Industries and gave the stock a “neutral” rating in a research report on Monday, January 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trinity Industries in a research note on Monday, December 29th. Finally, The Goldman Sachs Group set a $33.00 target price on shares of Trinity Industries and gave the company a “neutral” rating in a research report on Thursday. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $30.50.

Institutional Trading of Trinity Industries

Several hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in shares of Trinity Industries by 22.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 390,934 shares of the transportation company’s stock valued at $10,559,000 after acquiring an additional 70,391 shares in the last quarter. Stephens Inc. AR boosted its position in Trinity Industries by 1,416.2% during the third quarter. Stephens Inc. AR now owns 123,770 shares of the transportation company’s stock valued at $3,471,000 after purchasing an additional 115,607 shares during the last quarter. Ellsworth Advisors LLC bought a new position in Trinity Industries in the third quarter valued at approximately $1,172,000. SG Americas Securities LLC increased its position in shares of Trinity Industries by 238.5% during the 2nd quarter. SG Americas Securities LLC now owns 48,758 shares of the transportation company’s stock worth $1,317,000 after purchasing an additional 34,353 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Trinity Industries by 147.4% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 74,792 shares of the transportation company’s stock worth $2,097,000 after purchasing an additional 44,560 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

Trinity Industries Trading Up 9.0%

The company has a debt-to-equity ratio of 4.75, a quick ratio of 0.80 and a current ratio of 1.88. The firm has a fifty day moving average price of $28.36 and a 200 day moving average price of $27.66. The company has a market cap of $2.77 billion, a price-to-earnings ratio of 30.28 and a beta of 1.48.

About Trinity Industries

Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.

In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.