Trinity Industries, Inc. (TRN)

NYSE: TRN · IEX Real-Time Price · USD
26.43
-0.11 (-0.41%)
Apr 22, 2024, 4:00 PM EDT - Market closed
-0.41%
Market Cap 2.16B
Revenue (ttm) 2.98B
Net Income (ttm) 106.00M
Shares Out 81.86M
EPS (ttm) 1.27
PE Ratio 20.81
Forward PE 18.40
Dividend $1.12 (4.24%)
Ex-Dividend Date Apr 12, 2024
Volume 382,642
Open 26.60
Previous Close 26.54
Day's Range 26.31 - 26.79
52-Week Range 20.04 - 28.86
Beta 1.38
Analysts Buy
Price Target 29.00 (+9.72%)
Earnings Date May 1, 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
CEO Ms. E. Jean Savage
Employees 9,480
Stock Exchange NYSE
Ticker Symbol TRN
Full Company Profile

Financial Performance

In 2023, TRN'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 4 analysts, the average rating for TRN stock is "Buy." The 12-month stock price forecast is $29.0, which is an increase of 9.72% from the latest price.

Price Target
$29.0
(9.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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, 2024 before the financial marke...

13 days 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
25 days ago - Benzinga

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...

6 weeks ago - Business Wire

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...

2 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
3 months ago - Benzinga

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 ...

4 months 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...

5 months 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...

6 months 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 ...

7 months ago - Business Wire

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...

9 months 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 ...

10 months ago - Business Wire

Trinity Industries, Inc. Announces Launch of Senior Notes Offering

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE: TRN) (“Trinity” or the “Company”) today announced that it intends to offer (the “Offering”) $400.0 million aggregate principal amount of Senior...

10 months ago - Business Wire

Trinity Industries, Inc. to Present at the 2023 Wells Fargo Industrials Conference

DALLAS--(BUSINESS WIRE)--Eric Marchetto, EVP and Chief Financial Officer of Trinity Industries, Inc. (NYSE: TRN), will be presenting on Wednesday, June 14, 2023, at the 2023 Wells Fargo Industrials Co...

11 months ago - Business Wire

Trinity Industries, Inc. Announces Second Quarter 2023 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 2023. Wolfe Resear...

1 year ago - Business Wire

Trinity Industries, GATX and Wabtec see opportunities amid headwinds

Rail equipment manufacturers and rail car lessors see 2023 as a year of opportunities despite lower North American rail volumes in the first quarter. Here's what officials said about the rail car mark...

Other symbols: GATXWAB
1 year ago - FreightWaves

Trinity Industries, Inc. Announces First Quarter 2023 Results

DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) today announced earnings results for the first quarter ended March 31, 2023. Financial and Operational Highlights Quarterly total company r...

1 year ago - Business Wire

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.

1 year 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...

1 year ago - Business Wire

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 year ago - Business Wire

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 (...

1 year 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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

The Good And Bad: TotalEnergies SE & Trinity Industries

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

Other symbols: TTE
1 year 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...

1 year 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.

1 year ago - Business Wire