#5 - Trinity Industries (NYSE:TRN)
The rest of the stocks on this list don’t operate railroads but influence rail traffic in other ways that make them worthy of inclusion on this list. The first stock is of Trinity Industries (NYSE:TRN). The company provides rail transportation products and services in North America. It also offers a platform of services that includes leasing, manufacturing, and maintenance.
If you bought TRN stock five years ago, you don’t have much growth to show for it. But that may be changing. Trinity Industries is expected to show strong revenue and earnings growth over the next five years. And right now, investors can buy the stock for around 13x earnings which makes it an attractive buy relative to the broader market. The company’s dividend is not impressive from a payout standpoint, but it has a yield of over 3% and has been increasing the dividend for 11 years.
About Trinity Industries
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.
Read More - Current Price
- $37.55
- Consensus Rating
- Hold
- Ratings Breakdown
- 1 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $35.67 (5.0% Downside)
