Trinity Industries, Inc. (TRN)

NYSE: TRN · Real-Time Price · USD
37.05
-0.93 (-2.45%)
Nov 20, 2024, 4:00 PM EST - Market closed
-2.45%
Market Cap 3.04B
Revenue (ttm) 3.25B
Net Income (ttm) 172.30M
Shares Out 82.16M
EPS (ttm) 2.05
PE Ratio 16.47
Forward PE 23.23
Dividend $1.12 (3.02%)
Ex-Dividend Date Oct 15, 2024
Volume 537,377
Open 37.96
Previous Close 37.98
Day's Range 36.62 - 38.16
52-Week Range 23.40 - 38.69
Beta 1.38
Analysts Buy
Price Target 34.00 (-8.23%)
Earnings Date Oct 31, 2024

About TRN

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 co... [Read more]

Industry Railroads
Sector Industrials
Founded 1933
Employees 9,480
Stock Exchange NYSE
Ticker Symbol TRN
Full Company Profile

Financial Performance

In 2023, Trinity Industries's revenue was $2.98 billion, an increase of 50.88% compared to the previous year's $1.98 billion. Earnings were $106.00 million, an increase of 76.37%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for TRN stock is "Buy." The 12-month stock price forecast is $34.0, which is a decrease of -8.23% from the latest price.

Price Target
$34.0
(-8.23% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Solid Growth And Good Prospects Make Trinity Industries Attractive

Trinity Industries has a Strong Buy rating from Seeking Alpha's Quant system and a Buy rating from me, with a modest price gain expected. Trinity's revenue, EBITDA, and net income have risen steadily ...

1 day ago - Seeking Alpha

Trinity Industries, Inc. to Present at the 2024 Stephens Annual Investment Conference

DALLAS--(BUSINESS WIRE)--Eric Marchetto, CFO of Trinity Industries, Inc. (NYSE: TRN), will be presenting on Wednesday, November 20, 2024, at the 2024 Stephens Annual Investment Conference in Nashville...

6 days ago - Business Wire

Trinity Industries, Inc. (TRN) Q3 2024 Earnings Call Transcript

Trinity Industries, Inc. (NYSE:TRN) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Leigh Anne Mann - Vice President, Investor Relations Jean Savage - President and ...

20 days ago - Seeking Alpha

Trinity Industries, Inc. Announces Third Quarter 2024 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the third quarter ended September 30, 2024. Financial and Operational Highlights Quarterly total compa...

20 days ago - Business Wire

Trinity Industries, Inc. Announces Date for Earnings Release

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE: TRN) (“Trinity”) announced today that it will report its financial results for the three and nine months ended September 30, 2024 before the fi...

6 weeks ago - Business Wire

Trinity Industries, Inc. Declares Quarterly Dividend

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) has declared a quarterly dividend of 28 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trin...

2 months ago - Business Wire

Trinity Industries, Inc. (TRN) Q2 2024 Earnings Call Transcript

Trinity Industries, Inc. (NYSE:TRN) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Leigh Anne Mann - Vice President, Investor Relations Jean Savage - President and CE...

3 months ago - Seeking Alpha

Trinity Industries, Inc. Announces Second Quarter 2024 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the second quarter ended June 30, 2024. Financial and Operational Highlights Quarterly total company r...

3 months ago - Business Wire

Trinity Industries, Inc. to Host Investor Day on June 25, 2024

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (“Trinity” or the “Company”) today announced that it will host an Investor Day on Tuesday, June 25, 2024. Over the course of the event, Trinity's seni...

5 months ago - Business Wire

Trinity Industries, Inc. Announces Pricing of Offering of $200.0 Million of Additional 7.750% Senior Notes Due 2028

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (“Trinity” or the “Company”) today announced that it has finalized the terms of its offering (the “Offering”) of an additional $200.0 million aggregat...

6 months ago - Business Wire

These 3 Industrials Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Genco Shipping & Trading (NYSE:GNK)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: GNKSBLK
6 months ago - Benzinga

Trinity Industries, Inc. (TRN) Q1 2024 Earnings Call Transcript

Trinity Industries, Inc. (NYSE:TRN) Q1 2024 Earnings Conference Call May 1, 2024 8:00 AM ET Company Participants Leigh Anne Mann - Vice President, Investor Relations Jean Savage - President and CEO E...

7 months ago - Seeking Alpha

Trinity Industries, Inc. Announces First Quarter 2024 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the first quarter ended March 31, 2024. Financial and Operational Highlights Quarterly total company r...

7 months ago - Business Wire

These 3 Industrials Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Trinity Industries (NYSE:TRN), MSC Industrial Direct Co (NYSE:MSM)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: MSMUPS
8 months ago - Benzinga

Trinity Industries, Inc. (TRN) Q4 2023 Earnings Call Transcript

Trinity Industries, Inc. (TRN) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Trinity Industries, Inc. Announces Fourth Quarter and Full Year 2023 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the fourth quarter and year end ended December 31, 2023. Financial and Operational Highlights – Fourth...

9 months ago - Business Wire

Don't Miss These 3 Industrials Stocks With Over 4% Dividend Yields From Wall Street's Most Accurate Analysts - Trinity Industries (NYSE:TRN), 3M (NYSE:MMM)

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: MMMUPS
11 months ago - Benzinga

7 Upcoming Dividend Increases, Including The 'Abbott's' And A Dividend King

Seven stocks are expected to increase their dividends next week, including Hormel, Mastercard, Abbott Laboratories, and AbbVie.

Other symbols: ABTABBVHRLMAMAANWFL
11 months ago - Seeking Alpha

Trinity Industries, Inc. Increases Quarterly Dividend to $0.28 / Share

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) has declared an increase in its quarterly dividend to 28 cents per share on its $0.01 par value common stock. The new dividend reflects an ...

1 year ago - Business Wire

Trinity Industries, Inc. to Present at the 2023 Stephens Annual Investment Conference

DALLAS--(BUSINESS WIRE)--Jean Savage, President and Chief Executive Officer of Trinity Industries, Inc. (NYSE: TRN), will be presenting on Tuesday, November 14, 2023, at the 2023 Stephens Annual Inves...

1 year ago - Business Wire

Trinity Industries, Inc. Announces Third Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the third quarter ended September 30, 2023. Financial and Operational Highlights Quarterly total compa...

1 year ago - Business Wire

Trinity Industries, Inc. Announces the Impact of Border Issues on Quarterly Deliveries

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) (“Trinity” or the “Company”) today announced that the Company delivered 4,325 new railcars in the third quarter. Deliveries were 685 units ...

1 year ago - Business Wire

Trinity Industries, Inc. (TRN) Q2 2023 Earnings Call Transcript

Trinity Industries, Inc. (NYSE:TRN) Q2 2023 Earnings Conference Call August 1, 2023 8:00 AM ET Company Participants Leigh Mann - Vice President of Investor Relations Jean Savage - President, Chief Ex...

1 year ago - Seeking Alpha

Trinity Industries, Inc. Announces Second Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the second quarter ended June 30, 2023. Financial and Operational Highlights Quarterly total company r...

1 year ago - Business Wire

Trinity Industries, Inc. Announces Pricing of Senior Notes Offering

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE: TRN) (“Trinity” or the “Company”) today announced that it has finalized the terms of its offering (the “Offering”) of $400.0 million aggregate ...

1 year ago - Business Wire