Trinity Industries, Inc. (TRN)

NYSE: TRN · IEX Real-Time Price · USD
23.95
-0.42 (-1.72%)
May 20, 2022 4:00 PM EDT - Market closed
Market Cap2.00B
Revenue (ttm)1.59B
Net Income (ttm)178.00M
Shares Out83.34M
EPS (ttm)1.83
PE Ratio13.09
Forward PE23.04
Dividend$0.88 (3.67%)
Ex-Dividend DateJul 14, 2022
Volume655,071
Open24.44
Previous Close24.37
Day's Range23.63 - 24.55
52-Week Range23.39 - 35.35
Beta1.35
AnalystsBuy
Price Target37.96 (+58.5%)
Earnings DateApr 27, 2022

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, 2021, it had a fleet of 106,970 owned or leased railcars. This segment serves industrial shipper...

IndustryMachinery
CEOE. Jean Savage
Employees5,845
Stock ExchangeNYSE
Ticker SymbolTRN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for TRN stock is "Buy." The 12-month stock price forecast is 37.96, which is an increase of 58.50% from the latest price.

Price Target
$37.96
(58.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Trinity Industries, Inc. Declares Quarterly Dividend

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) has declared a quarterly dividend of 23 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinit...

1 week ago - Business Wire

Trinity's (TRN) Shares Decline 6% Since Q1 Earnings Release

Trinity's (TRN) Q1 results are hurt by supply chain disruptions and labor shortages. However, higher external deliveries in the Rail Products Group aid the top line.

2 weeks ago - Zacks Investment Research

Trinity Industries, Inc. Announces Second Quarter 2022 Investor Conference Schedule

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE: TRN) (“Trinity”) announced today that it will participate in the following investor conferences during the second quarter of 2022. Wells Fargo In...

2 weeks ago - Business Wire

Trinity Industries Stock Slides On Q1 Miss, Downbeat FY22 Outlook

Trinity Industries Inc (NYSE: TRN) reported first-quarter FY22 revenue growth of 42.9% year-over-year to $472.7 million, missing the consensus of $491 million. Adjusted EPS improved to $0.03 from $0.01 ...

3 weeks ago - Benzinga

Trinity Industries (TRN) Q1 Earnings and Revenues Miss Estimates

Trinity Industries (TRN) delivered earnings and revenue surprises of -81.25% and 21.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Trinity Industries, Inc. Announces First Quarter 2022 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the first quarter ended March 31, 2022. Financial and Operational Highlights Quarterly total company rev...

3 weeks 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 months ended March 31, 2022 before the financial markets...

1 month ago - Business Wire

Trinity Industries, Inc. Announces First Quarter 2022 Investor Conference Schedule

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE: TRN) (“Trinity”) announced today that it will participate in the following investor conferences during the first quarter of 2022. J.P. Morgan – I...

2 months ago - Business Wire

This Railcar Company May Offer Better Returns Over Norfolk Southern Stock

We think that Trinity stock , a provider of railcar products and services, currently is a better pick compared to Norfolk Southern stock, given its comparatively lower valuation and better prospects. NS...

2 months ago - Forbes

Trinity (TRN) Stock Down Nearly 2% Since Q4 Earnings Release

Trinity's (TRN) Q4 results are hurt by lower revenues at the Railcar Leasing and Management Services Group, primarily owing to supply chain disruptions.

2 months ago - Zacks Investment Research

Trinity Industries sees supportive market for railcar lessors

Like its peers, railcar lessor Trinity Industries expects improving macroeconomic conditions to support the company in 2022. Anticipated higher rail volumes for agricultural products, chemicals and cons...

3 months ago - FreightWaves

Trinity Industries (TRN) Q4 Earnings Miss Estimates

Trinity Industries (TRN) delivered earnings and revenue surprises of -27.27% and 0.30%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Trinity Industries, Inc. Announces Fourth Quarter and Full Year 2021 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the fourth quarter and year ended December 31, 2021. Financial and Operational Highlights – Fourth Quart...

3 months ago - Business Wire

Will Supply Chain Disruptions Mar Trinity's (TRN) Q4 Earnings?

While improved railcar demand is expected to have aided Trinity's (TRN) Q4 performance, supply chain disruptions are likely to have partly hurt the same.

3 months ago - Zacks Investment Research

Trinity Industries (TRN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Trinity Industries (TRN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

3 Top Stocks From the Prospering Transport Equipment & Leasing Industry

Healthy equipment and lease demand favors the Zacks Transportation - Equipment and Leasing industry's near-term prospects. Amid this buoyancy, R, GATX and TRN are poised for growth.

Other symbols:GATXR
3 months ago - Zacks Investment Research

Trinity (TRN) Faces Supply Chain Disruptions & Higher Expenses

Lower deliveries and higher selling, engineering, and administrative expenses are a concern for Trinity (TRN).

4 months ago - Zacks Investment Research

Trinity (TRN) Completes Sale of Highway Products Business

Trinity's (TRN) divestiture of the highway products business helps it focus on rail-related business and optimize capital structure to meet long-term goals.

4 months ago - Zacks Investment Research

Trinity Industries, Inc. Announces Completion of Sale of Highway Products Business and its Use of Proceeds

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. Announces Completion of Sale of Highway Products Business and Use of Proceeds

4 months ago - Business Wire

Transports on Dividend-Hiking Spree: 3 Stocks to Watch out for

The dividend lifts announced by Union Pacific (UNP), C.H. Robinson (CHRW) and Trinity Industries (TRN) attest their financial strength.

Other symbols:CHRWUNP
5 months ago - Zacks Investment Research

CORRECTING and REPLACING Trinity Industries, Inc. Increases Quarterly Dividend

DALLAS--(BUSINESS WIRE)--The first paragraph, last sentence of release dated Dec. 10, 2021, should read: ... is payable January 31, 2022 to stockholders of record on January 14, 2022 (instead of ... is ...

5 months ago - Business Wire

Trinity Industries, Inc. Increases Quarterly Dividend

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) has declared an increase in its quarterly dividend to 23 cents per share on its $0.01 par value common stock. The new dividend reflects an in...

5 months ago - Business Wire

Trinity Industries, Inc. Announces Fourth Quarter 2021 Investor Conference Schedule

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE: TRN) (“Trinity”) announced today that it will participate in the following investor conferences during the fourth quarter of 2021.   Baird – Indu...

6 months ago - Business Wire

Trinity Industries sells its highway products group

Railcar lessor Trinity Industries is selling its highway products business for $375 million in cash. The company has entered into a definitive agreement with Monomoy Capital, a middle market private equ...

6 months ago - FreightWaves

Monomoy Capital Partners Agrees to Acquire Trinity Highway Products

NEW YORK--(BUSINESS WIRE)--Monomoy Capital Partners, a middle-market private investment firm focused on operational value creation, announced today that it has signed a definitive agreement to acquire T...

6 months ago - Business Wire