Trinity Industries (NYSE:TRN - Get Free Report) announced its quarterly earnings data on Thursday. The transportation company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.01, Zacks reports. The company had revenue of $629.40 million for the quarter, compared to the consensus estimate of $589.30 million. Trinity Industries had a return on equity of 14.57% and a net margin of 5.31%. Trinity Industries updated its FY 2025 guidance to 1.500-1.800 EPS.
Trinity Industries Price Performance
Trinity Industries stock traded down $1.09 during midday trading on Friday, reaching $30.27. 933,153 shares of the stock were exchanged, compared to its average volume of 523,925. Trinity Industries has a 52 week low of $23.67 and a 52 week high of $39.83. The company has a debt-to-equity ratio of 4.39, a quick ratio of 1.08 and a current ratio of 2.00. The firm has a market cap of $2.49 billion, a PE ratio of 14.77 and a beta of 1.40. The company's fifty day moving average is $36.26 and its 200-day moving average is $35.23.
Trinity Industries Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a dividend of $0.30 per share. The ex-dividend date was Wednesday, January 15th. This represents a $1.20 annualized dividend and a yield of 3.96%. This is a boost from Trinity Industries's previous quarterly dividend of $0.28. Trinity Industries's payout ratio is currently 58.54%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on TRN shares. StockNews.com cut shares of Trinity Industries from a "buy" rating to a "hold" rating in a research report on Monday, November 4th. The Goldman Sachs Group initiated coverage on shares of Trinity Industries in a research note on Monday, November 18th. They set a "neutral" rating and a $39.00 price target for the company.
View Our Latest Report on TRN
About Trinity Industries
(
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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.
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