TriNet Group, Inc. (TNET)

NYSE: TNET · Real-Time Price · USD
94.20
+5.16 (5.80%)
Nov 20, 2024, 4:00 PM EST - Market closed
5.80%
Market Cap 4.67B
Revenue (ttm) 4.97B
Net Income (ttm) 263.00M
Shares Out 49.58M
EPS (ttm) 5.19
PE Ratio 18.16
Forward PE 18.93
Dividend $1.00 (1.06%)
Ex-Dividend Date Oct 1, 2024
Volume 347,238
Open 89.98
Previous Close 89.04
Day's Range 89.27 - 94.77
52-Week Range 74.32 - 134.67
Beta 1.20
Analysts Buy
Price Target 117.00 (+24.2%)
Earnings Date Oct 25, 2024

About TNET

TriNet Group, Inc. provides comprehensive and flexible human capital management services for small and medium size businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services. It also provides technology platform, an online and mobile tool that allows users to store, view, and manager HR information a... [Read more]

Sector Industrials
IPO Date Mar 27, 2014
Employees 351,142
Stock Exchange NYSE
Ticker Symbol TNET
Full Company Profile

Financial Performance

In 2023, TriNet Group's revenue was $4.92 billion, an increase of 0.76% compared to the previous year's $4.89 billion. Earnings were $375.00 million, an increase of 5.63%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for TNET stock is "Buy." The 12-month stock price forecast is $117.0, which is an increase of 24.20% from the latest price.

Price Target
$117.0
(24.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TriNet Releases 2024 Environmental, Social and Governance Report

DUBLIN, Calif. , Nov. 13, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the relea...

7 days ago - PRNewsWire

TriNet to Participate in Upcoming Conferences

DUBLIN, Calif. , Nov. 4, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that its P...

16 days ago - PRNewsWire

TriNet Group, Inc. (TNET) Q3 2024 Earnings Call Transcript

TriNet Group, Inc. (NYSE:TNET) Q3 2024 Earnings Conference Call October 25, 2024 8:30 AM ET Company Participants Alex Bauer - Head, Investor Relations Mike Simonds - Chief Executive Officer Kelly Tum...

26 days ago - Seeking Alpha

TriNet Announces Third Quarter 2024 Results

DUBLIN, Calif. , Oct. 25, 2024 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, today announced fina...

27 days ago - PRNewsWire

TriNet Announces Varsha Kakati as Vice President and Country Leader for Hyderabad, India Operations

DUBLIN, Calif. , Oct. 21, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Vars...

4 weeks ago - PRNewsWire

I Was Too Optimistic On TriNet, But Now It's Undervalued And Ready For A Return To Growth

TriNet Group is managing a challenging hiring environment with strong new sales and near-record retention rates, positioning it for future growth. Rising healthcare costs have pressured short-term pro...

4 weeks ago - Seeking Alpha

TriNet Releases Resourceful HR Book From Hire to Retire: A Guide to the Employee Life Cycle

New Book Provides Guidance for SMBs to Create Positive Employee Experiences and Navigate HR Challenges with Ease DUBLIN, Calif. , Oct. 7, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider o...

6 weeks ago - PRNewsWire

TriNet to Report Third Quarter 2024 Financial Results on October 25

DUBLIN, Calif. , Oct. 4, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will re...

6 weeks ago - PRNewsWire

TriNet Announces Quarterly Dividend

DUBLIN, Calif. , Sept. 18, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced its Boar...

2 months ago - PRNewsWire

TriNet Appoints Sidney Majalya as Chief Legal Officer and Announces Departure of Samantha Wellington

DUBLIN, Calif. , Sept. 5, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), has announced the appoint...

2 months ago - PRNewsWire

TriNet Releases 2024 State of the Workplace Report on Emerging Trends for Small and Medium-Size Businesses

Highlights: 88% of SMB Employers Using AI for Various Functions; Only 52% of Workers Satisfied with Work-Life Balance; 85% of Employees Engaged at Work DUBLIN, Calif. , Aug. 20, 2024 /PRNewswire/ -- T...

3 months ago - PRNewsWire

TriNet to Inaugurate State-of-the-Art Facility in Hyderabad, India

HYDERABAD, India , Aug. 12, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses announced that it will be holdi...

3 months ago - PRNewsWire

TriNet Contends With Flat Revenue And Increasing Costs (Downgrade)

TriNet Group recently reported Q2 2024 financial results, exceeding revenue and earnings estimates. TriNet's revenue has essentially flatlined due to a challenging hiring environment and rising health...

4 months ago - Seeking Alpha

TriNet Group, Inc. (TNET) Q2 2024 Earnings Call Transcript

TriNet Group, Inc. (NYSE:TNET) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Alex Bauer - Head, Investor Relations Mike Simonds - Chief Executive Officer Kelly Tumine...

4 months ago - Seeking Alpha

TriNet Announces Second Quarter 2024 Results

1% Growth in Total Revenues to $1.2 Billion 5% Growth in Professional Service Revenues to $186 million Net Income per Diluted Share of $1.20 and Adjusted Net Income per Diluted Share $1.53 DUBLIN, Cal...

4 months ago - PRNewsWire

TriNet Appoints Shea Treadway as Chief Revenue Officer

DUBLIN, Calif. , July 17, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Shea...

4 months ago - PRNewsWire

TriNet Announces Appointment of Healthcare Industry Veteran Brian Evanko to Board of Directors

Strengthens Board with the Addition of Cigna Healthcare President and Chief Executive Officer and The Cigna Group Executive Vice President and Chief Financial Officer DUBLIN, Calif. , July 9, 2024 /PR...

4 months ago - PRNewsWire

TriNet to Report Second Quarter 2024 Financial Results on July 26

DUBLIN, Calif. , July 5, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will re...

4 months ago - PRNewsWire

TriNet Addresses the Evolving Needs of SMBs and Announces New Products and Partners Including Additional Solutions for Global Workforces and a Curated Marketplace

Updates Announced at the SHRM 2024 Annual Conference CHICAGO , June 25, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-siz...

5 months ago - PRNewsWire

TriNet Receives "Prime" Status in ISS ESG Corporate Rating

Recognized for its Commitment to Environmental, Social  and Governance Initiatives   DUBLIN, Calif., June 11, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resour...

5 months ago - PRNewsWire

TriNet Appoints Tim Nimmer as Senior Vice President, Insurance Services and Operations

Separately, the Company  Also Announced the Departure of Chief Revenue Officer, Alex Warren DUBLIN, Calif. , June 5, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human...

6 months ago - PRNewsWire

TriNet Announces Five Days of Virtual Events for National PEO Week May 20-24

Sessions to Feature Insightful and Informative Discussions with Small Business Thought Leaders and Industry Experts DUBLIN, Calif. , May 16, 2024 /PRNewswire/ --  WHAT: TriNet's National PEO Week Virt...

6 months ago - PRNewsWire

TriNet Wins Five Stevie Awards for PeopleForce 2023 and People Matter Campaign

DUBLIN, Calif. , May 9, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it has won ...

6 months ago - PRNewsWire

TriNet to Participate at Upcoming Conferences

DUBLIN, Calif. , May 6, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that its Pr...

7 months ago - PRNewsWire

TriNet Group, Inc. (TNET) Q1 2024 Earnings Call Transcript

TriNet Group, Inc. (NYSE:TNET) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Alex Bauer - Head of IR Mike Simonds - CEO Kelly Tuminelli - CFO Conference Call Partici...

7 months ago - Seeking Alpha