TriNet Group, Inc. (TNET)

NYSE: TNET · IEX Real-Time Price · USD
128.26
-1.24 (-0.96%)
Apr 19, 2024, 4:00 PM EDT - Market closed
-0.96%
Market Cap 6.49B
Revenue (ttm) 4.92B
Net Income (ttm) 375.00M
Shares Out 50.57M
EPS (ttm) 6.56
PE Ratio 19.55
Forward PE 18.52
Dividend $0.25 (0.19%)
Ex-Dividend Date Mar 28, 2024
Volume 153,742
Open 129.48
Previous Close 129.50
Day's Range 127.57 - 130.55
52-Week Range 79.00 - 134.67
Beta 1.09
Analysts Buy
Price Target 126.60 (-1.29%)
Earnings Date Apr 26, 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 3,600
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 5 analysts, the average rating for TNET stock is "Buy." The 12-month stock price forecast is $126.6, which is a decrease of -1.29% from the latest price.

Price Target
$126.6
(-1.29% downside)
Analyst Consensus: Buy
Stock Forecasts

News

TriNet Celebrates National Small Business Week with Five Days of Virtual Events for Entrepreneurs and SMBs

April 29 through May 3 sessions focused on AI, hiring and retention, compliance, finance, company culture, and more ! DUBLIN, Calif.

2 days ago - PRNewsWire

TriNet to Report First Quarter 2024 Financial Results on April 26

DUBLIN, Calif. , April 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 r...

14 days ago - PRNewsWire

TriNet to Celebrate Ten Years as Public Company with Ringing of Closing Bell at the New York Stock Exchange on March 27

DUBLIN, Calif. , March 26, 2024 /PRNewswire/ --  WHAT: Closing Bell Ceremony and Tenth Anniversary Celebration TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for sm...

24 days ago - PRNewsWire

Healthee Secures $32M Series A Funding, Accelerating How Employees Interact With Their Healthcare

NEW YORK , March 4, 2024 /PRNewswire/ -- Healthee, a healthcare tech pioneer, is thrilled to announce the successful completion of its Series A funding round, co-led by Fin Capital, Glilot Capital Par...

6 weeks ago - PRNewsWire

TriNet Issues Correction to Previously Announced Ex-Dividend Date

March 28, 2024 is New Ex-Dividend Date DUBLIN, Calif. , Feb. 22, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size busin...

2 months ago - PRNewsWire

TriNet Ranked #1 in Newsweek's Excellence 1000 Index 2024

TriNet first among 1000 US companies recognized for exceeding best practices in financial responsibility, stakeholder ratings, and social responsibility ratings. DUBLIN, Calif.

2 months ago - PRNewsWire

TriNet Announces Fourth Quarter, Fiscal Year 2023 Results, and Dividend Initiation

2%  Growth in Total Revenues to $1.2 billion for the Fourth Quarter of 2023 1%  Growth in Total Revenues to $4.9 billion for Fiscal Year 2023  68% Growth in Earnings per Share and 44% Growth in Adjust...

2 months ago - PRNewsWire

TriNet Announces Retirement of Burton M. Goldfield and Appoints Mike Simonds President and CEO

DUBLIN, Calif. , Feb. 15, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that its ...

2 months ago - PRNewsWire

TriNet to Report Fourth Quarter 2023 Financial Results on February 15

DUBLIN, Calif. , Feb. 1, 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...

2 months ago - PRNewsWire

TriNet Named One of America's Greatest Workplaces for Diversity by Newsweek

DUBLIN, Calif. , Dec. 21, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), has been recognized as on...

4 months ago - PRNewsWire

TriNet Launches New Website That Provides Small and Medium-Size Businesses with Powerful HR Solutions

DUBLIN, Calif. , Dec. 19, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today introduced its rede...

4 months ago - PRNewsWire

TriNet Earns 95 in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Annual rating is the Human Rights Campaign Foundation's assessment of LGBTQ+ workplace equality  DUBLIN, Calif. , Nov. 30, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive...

5 months ago - PRNewsWire

TriNet Releases 2023 Environmental, Social and Governance Report

DUBLIN, Calif. , Nov. 9, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the releas...

5 months ago - PRNewsWire

TriNet to Participate at Upcoming Investor Conferences

DUBLIN, Calif. , Nov. 6, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Burto...

5 months ago - PRNewsWire

TriNet Announces Third Quarter 2023 Results

Total Revenues of $1.2 billion Sequential growth in Ending WSEs of 1% Net Income per Diluted Share of $1.63 and Adjusted Net Income per Diluted Share of $1.91 DUBLIN, Calif. , Oct. 25, 2023 /PRNewswir...

6 months ago - PRNewsWire

TriNet Announces Donation to NAACP Supporting Black Business Owners and Entrepreneurs

DUBLIN, Calif. , Oct. 19, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that NAAC...

6 months ago - PRNewsWire

TriNet to Report Third Quarter 2023 Financial Results on October 25

DUBLIN, Calif. , Oct. 11, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will r...

6 months ago - PRNewsWire

TriNet Introduces New Personalized Benefits Experience Through Collaboration with Healthee

LAS VEGAS , Oct. 10, 2023 /PRNewswire/ -- Today at the HR Technology Conference & Exposition 2023, TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medi...

6 months ago - PRNewsWire

TriNet to Participate at Deutsche Bank's 31st Annual Leveraged Finance Conference

DUBLIN, Calif. , Sept. 28, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Kel...

7 months ago - PRNewsWire

TriNet Announces New Products and Partnerships Including Solutions for the Global Workforce and Independent Contractors

BROOKLYN, N.Y. , Sept. 12, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced product ...

7 months ago - PRNewsWire

TriNet President and Chief Executive Officer Burton M. Goldfield to Discuss Current State of Small and Medium-Size Businesses at TriNet PeopleForce 2023

"There is no Better Time in History to Start a Business," Says TriNet President & CEO BROOKLYN, N.Y. , Sept. 12, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human res...

7 months ago - PRNewsWire

TriNet Announces Additional Speakers for TriNet PeopleForce 2023 Including Six TriNet Customers More Too Life, JOAN Creative, Happiest Baby, Zap Surgical Systems, Mission Asset Fund, and Talkspace

DUBLIN, Calif. , Sept. 6, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced additiona...

8 months ago - PRNewsWire

TriNet Group, Inc. Announces Final Results of its Fixed Price Tender Offer

DUBLIN, Calif. , Aug. 31, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET) ("TriNet," the "Company" or "our") announced today the final results of its fixed price tender offer (the "Tender Offer")...

8 months ago - PRNewsWire

TriNet Group, Inc. Announces Preliminary Results of its Fixed Price Tender Offer

DUBLIN, Calif. , Aug. 29, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET) ("TriNet," the "Company" or "our") announced today the preliminary results of its fixed price tender offer (the "Tender O...

8 months ago - PRNewsWire

U.S. Small Business Administrator Isabella Casillas Guzman to Speak at TriNet PeopleForce 2023

DUBLIN, Calif. , Aug. 24, 2023 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the addit...

8 months ago - PRNewsWire