Trinity Industries, Inc. (TRN)

NYSE: TRN · IEX Real-Time Price · USD
23.85
-0.07 (-0.29%)
Mar 30, 2023, 1:08 PM EDT - Market open
-0.29%
Market Cap 1.94B
Revenue (ttm) 1.98B
Net Income (ttm) 60.10M
Shares Out 81.13M
EPS (ttm) 0.71
PE Ratio 33.69
Forward PE 14.41
Dividend $0.95 (3.98%)
Ex-Dividend Date Jan 12, 2023
Volume 113,477
Open 24.31
Previous Close 23.92
Day's Range 23.81 - 24.50
52-Week Range 20.94 - 35.17
Beta 1.36
Analysts Buy
Price Target 30.09 (+26.16%)
Earnings Date Apr 26, 2023

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... [Read more]

Industry Railroads
Sector Industrials
CEO Ms. E. Jean Savage
Employees 5,845
Stock Exchange NYSE
Ticker Symbol TRN
Full Company Profile

Financial Performance

In 2022, TRN's revenue was $1.98 billion, an increase of 30.43% compared to the previous year's $1.52 billion. Earnings were $60.10 million, a decrease of -66.98%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for TRN stock is "Buy." The 12-month stock price forecast is $30.09, which is an increase of 26.16% from the latest price.

Price Target
$30.09
(26.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Trinity (TRN) Expands Footprint With RSI Logistics Buyout

Trinity (TRN) shells out $70 million for buying RSI Logistics.

2 weeks ago - Zacks Investment Research

RSI Logistics, Inc. Acquired by Trinity Industries, Inc.

RSI Logistics, Inc. announces their acquisition by Trinity Industries, Inc. RSI Logistics, Inc. announces their acquisition by Trinity Industries, Inc.

2 weeks ago - GlobeNewsWire

Trinity Industries, Inc. Announces the Acquisition of RSI Logistics

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) (“Trinity”) today announced the acquisition of RSI Logistics (“RSI”) for a purchase price of $70 million. RSI Logistics is a data-centric p...

2 weeks ago - Business Wire

Trinity Industries, Inc. Declares Quarterly Dividend

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) has declared a quarterly dividend of 26 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trin...

3 weeks ago - Business Wire

Trinity (TRN) Q4 Earnings Surpass Estimates, Revenues Miss

Trinity's (TRN) fourth-quarter 2022 revenues benefit from a higher volume of external deliveries and improved pricing in the Rail Products Group.

1 month ago - Zacks Investment Research

Trinity Industries (TRN) Q4 Earnings Surpass Estimates

Trinity Industries (TRN) delivered earnings and revenue surprises of 2.33% and 32.96%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Trinity Industries, Inc. Announces Fourth Quarter and Full Year 2022 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the fourth quarter and year end ended December 31, 2022. Financial and Operational Highlights – Fourth...

1 month ago - Business Wire

What's in the Offing for Trinity (TRN) This Earnings Season?

Trinity (TRN) is unlikely to beat estimates even after steady demand and efficient fleet utilization.

1 month ago - Zacks Investment Research

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 and twelve months ended December 31, 2022 bef...

2 months ago - Business Wire

Trinity (TRN) to Gain From Holden America Buyout: Here's How

This deal is expected to boost Trinity's (TRN) competitive position as a manufacturer of autoracks in North America.

2 months ago - Zacks Investment Research

Jean Savage, Trinity's Chief Executive Officer and President, Named 2022 Railway Woman of the Year

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) (“Trinity”) is proud to announce that Chief Executive Officer and President, Jean Savage, has been named as the League of Railway Women (...

2 months ago - Business Wire

Trinity Industries, Inc. Announces the Acquisition of Holden America

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) (“Trinity”) today announced the acquisition of Holden America (“Holden”) for an initial purchase price of $70 million with an additional ...

2 months ago - Business Wire

3 Transport Equipment & Leasing Stocks Worth a Closer Look

Stocks like Ryder (R),Triton (TRTN) and Trinity (TRN) are well-positioned to gain from the strong demand scenario surrounding the Zacks Transportation -- Equipment and Leasing industry.

Other symbols: RTRTN
3 months ago - Zacks Investment Research

Trinity (TRN) Rewards Investors With Dividend Hike, Buyback

Trinity Industries' (TRN) shareholder-friendly initiatives should boost investor confidence and positively impact the company's bottom line.

3 months ago - Zacks Investment Research

Trinity Industries, Inc. Increases Quarterly Dividend by 13% and Announces New Share Repurchase Authorization

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) (“Trinity” or the “Company”) today has declared an increase in its quarterly dividend to 26 cents per share on its $0.01 par value common...

3 months ago - Business Wire

Trinity Industries (TRN) Up 21.1% Since Last Earnings Report: Can It Continue?

Trinity Industries (TRN) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

The Good And Bad: TotalEnergies SE & Trinity Industries

See two of the featured stocks from this month's model portfolios.

Other symbols: TTE
4 months ago - Forbes

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

DALLAS--(BUSINESS WIRE)--Eric Marchetto, EVP and Chief Financial Officer of Trinity Industries, Inc. (NYSE: TRN), will be presenting on Wednesday, November 16, 2022, at the Stephens Annual Investmen...

4 months ago - Business Wire

Trinity Industries, Inc. Announces Fourth 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 fourth quarter of 2022.

5 months ago - Business Wire

Trinity (TRN) Q3 Earnings Surpass Estimates, Revenues Miss

Trinity (TRN) third-quarter 2022 earnings benefit from improved operating results.

5 months ago - Zacks Investment Research

Trinity Industries (TRN) Q3 Earnings Surpass Estimates

Trinity Industries (TRN) delivered earnings and revenue surprises of 9.68% and 29.86%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Trinity Industries, Inc. Announces Third Quarter 2022 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the third quarter ended September 30, 2022.

5 months ago - Business Wire

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.

5 months ago - Zacks Investment Research

Trinity inks $1.8 billion rail car deal with buyer GATX, shares rise

Trinity Industries Inc. TRN, -2.38% shares rose 1.9% in premarket trades on Monday after the Dallas company said its Trinity Trail Group LLC unit agreed to supply 15,000 new tank and freight railcars ...

Other symbols: GATX
6 months ago - Market Watch

Trinity Industries, Inc. Announces $1.8B Multi-Year Railcar Order

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) (“Trinity”) announced that its subsidiary, Trinity Rail Group, LLC, has entered into a new long-term railcar supply agreement with GATX Cor...

6 months ago - Business Wire