Trinity Industries (TRN) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $37.18 to $37.79
• 50-Day Range: $32.58 to $38.29
• 52-Week Range: $23.40 to $38.69
• Volume: 103,663 shs
• Average Volume: 545,205 shs
• Market Capitalization: $3.10 billion
• P/E Ratio: 18.38
• Dividend Yield: 2.97%
• Price Target: $35.67
• Consensus Rating: Hold

Trinity Industries Stock Analysis - MarketRank™

Trinity Industries scored higher than 62% of companies evaluated by MarketBeat, and ranked 73rd out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

Trinity Industries 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.

Amount of Analyst Coverage

Trinity Industries has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Trinity Industries is 18.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of Trinity Industries is 18.38, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.18.

Price to Book Value per Share Ratio

Trinity Industries has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.51% of the float of Trinity Industries has been sold short.

Short Interest Ratio / Days to Cover

Trinity Industries has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Trinity Industries has recently increased by 37.20%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Trinity Industries pays a meaningful dividend of 2.97%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Trinity Industries has been increasing its dividend for 15 years.

Dividend Coverage

The dividend payout ratio of Trinity Industries is 54.63%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 2.8 / 5
• Environmental Score: -1.79

Percentage of Shares Shorted

3.51% of the float of Trinity Industries has been sold short.

Short Interest Ratio / Days to Cover

Trinity Industries has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Trinity Industries has recently increased by 37.20%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.96

News Sentiment

Trinity Industries has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Trinity Industries this week, compared to 4 articles on an average week.

Search Interest

Only 3 people have searched for TRN on MarketBeat in the last 30 days. This is a decrease of -77% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Trinity Industries insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.60% of the stock of Trinity Industries is held by insiders.

Percentage Held by Institutions

86.57% of the stock of Trinity Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TRN Stock Analysis - Frequently Asked Questions

How have TRN shares performed this year?

Trinity Industries' stock was trading at $26.59 at the beginning of the year. Since then, TRN shares have increased by 41.7% and is now trading at $37.67.
View the best growth stocks for 2024 here.

How were Trinity Industries' earnings last quarter?

Trinity Industries, Inc. (NYSE:TRN) released its quarterly earnings results on Thursday, October, 31st. The transportation company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.05. The business's quarterly revenue was down 2.7% compared to the same quarter last year.

When did Trinity Industries' stock split?

Trinity Industries shares split on Friday, June 20th 2014. The 2-1 split was announced on Monday, May 5th 2014. The newly issued shares were issued 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.

Is Trinity Industries doing a stock buyback?

Trinity Industries' Board of Directors approved a share repurchase program on Thursday, December 8th 2022, which allows the company to repurchase $250,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 10.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Who are Trinity Industries' major shareholders?

Trinity Industries' top institutional shareholders include Jennison Associates LLC (4.34%), State Street Corp (3.93%), Geode Capital Management LLC (2.25%) and Charles Schwab Investment Management Inc. (1.63%). Insiders that own company stock include Eric R Marchetto, Jean Savage, Jean Savage, Gregory B Mitchell, Todd Maclin, Todd Maclin, Holdings LP Valueact and Brian D Madison.
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.

What other stocks do shareholders of Trinity Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Trinity Industries investors own include Home Depot (HD), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Meta Platforms (META), Intel (INTC), NVIDIA (NVDA) and Chevron (CVX).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 10/15/2024
• Last Earnings: 10/31/2024
• Dividend Payable: 10/31/2024
• Today: 12/03/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Railroad equipment
• Sub-Industry: Construction & Farm Machinery & Heavy Trucks
• Current Symbol: NYSE:TRN
• CUSIP: 89652210
• CIK: 99780
• Web: www.trin.net
• Phone: (214) 631-4420
• Fax: 214-589-8824
• Employees: 9,480
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $35.67
• High Stock Price Target: $39.00
• Low Stock Price Target: $33.00
• Potential Upside/Downside: -5.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.05
• Trailing P/E Ratio: 18.37
• Forward P/E Ratio: 21.52
• P/E Growth: N/A
• Net Income: $106 million
• Net Margins: 5.31%
• Pretax Margin: 7.85%
• Return on Equity: 14.57%
• Return on Assets: 2.10%

Debt

• Debt-to-Equity Ratio: 4.39
• Current Ratio: 2.00
• Quick Ratio: 1.08

Sales & Book Value

• Annual Sales: $2.98 billion
• Price / Sales: 1.04
• Cash Flow: $4.98 per share
• Price / Cash Flow: 7.56
• Book Value: $15.80 per share
• Price / Book: 2.38

Miscellaneous

• Outstanding Shares: 82,160,000
• Free Float: 80,848,000
• Market Cap: $3.09 billion
• Optionable: Optionable
• Beta: 1.39