TriMas Corporation (TRS)

NASDAQ: TRS · IEX Real-Time Price · USD
29.75
+0.20 (0.68%)
Aug 15, 2022 4:00 PM EDT - Market closed
0.68%
Market Cap 1.25B
Revenue (ttm) 893.38M
Net Income (ttm) 66.44M
Shares Out 42.00M
EPS (ttm) 1.55
PE Ratio 19.19
Forward PE n/a
Dividend $0.16 (0.54%)
Ex-Dividend Date Aug 3, 2022
Volume 53,487
Open 29.46
Previous Close 29.55
Day's Range 29.21 - 29.85
52-Week Range 23.85 - 38.72
Beta 0.70
Analysts Buy
Price Target 47.94 (+61.1%)
Earnings Date Jul 28, 2022

About TRS

TriMas Corporation designs, develops, manufactures, and sells products for consumer products, aerospace, and industrial markets worldwide. It operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, flex... [Read more...]

Industry Machinery
IPO Date May 18, 2007
CEO Thomas Amato
Country United States
Stock Exchange NASDAQ
Ticker Symbol TRS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for TRS stock is "Buy." The 12-month stock price forecast is 47.94, which is an increase of 61.14% from the latest price.

Price Target
$47.94
(61.14% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TriMas Aerospace Receives Supplier Performance Recognition From Boeing

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that TriMas Aerospace's Allfast Fastening Systems business has received a 2021 Supply Chain Performance Achievement Certifi...

TriMas (TRS) Q2 Earnings Meet Estimates

TriMas (TRS) delivered earnings and revenue surprises of 0% and 0.52%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

TriMas Reports Second Quarter 2022 Results

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the second quarter ended June 30, 2022. TriMas Highlights Increased second quarter 2022 net sales by ...

TriMas Declares Quarterly Dividend

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on August 11, 20...

TriMas Announces Second Quarter 2022 Earnings Conference Call Date

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its second quarter 2022 earnings conference call on Thursday, July 28, 2022. The conference call will beg...

TriMas (TRS) Stock Declines 29% YTD: Is Revival Likely?

Escalating raw material costs for resin-based raw materials, components and certain types of steel and supply-chain constraints are impacting TriMas' (TRS) price performance.

TriMas (TRS) Wins Boeing T-7A Contract, Boosts Defense Business

TriMas (TRS) wins a multi-year contract from Boeing to supply components for Boeing's T-7A Red Hawk training jet program.

TriMas Aerospace Awarded Boeing T-7A Defense Contract

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that its TriMas Aerospace group is further expanding its defense business through the award of multi-year contracts with Bo...

TriMas Packaging Wins New Business Awards

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that its TriMas Packaging business continues to launch new, innovative packaging solutions to solve its customers' current ...

TriMas Announces Upcoming Investor Conference Participation

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that TriMas management plans to participate in the following investor conferences: KeyBanc Capital Markets Industrials & Ba...

TriMas (TRS) Q1 Earnings Meet Estimates

TriMas (TRS) delivered earnings and revenue surprises of 0% and 4.01%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

TriMas Reports First Quarter 2022 Results

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the first quarter ended March 31, 2022. TriMas Highlights Increased first quarter 2022 net sales by 8...

TriMas Announces First Quarter 2022 Earnings Conference Call Date

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its first quarter 2022 earnings conference call on Thursday, April 28, 2022. The conference call will beg...

TriMas (TRS) Up 0.1% Since Last Earnings Report: Can It Continue?

TriMas (TRS) reported earnings 30 days ago. What's next for the stock?

TriMas (TRS) Q4 Earnings Surpass, Sales Matches Estimates

TriMas (TRS) Q4 top line gains on higher organic growth, acquisition-related sales and impacts of customers' stocking orders in the Aerospace group and robust demand in the Specialty Products group.

TriMas (TRS) Q4 Earnings Top Estimates

TriMas (TRS) delivered earnings and revenue surprises of 5.66% and 0.25%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

TriMas Reports Fourth Quarter and Full Year 2021 Results

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the fourth quarter and full year ended December 31, 2021. TriMas Highlights Increased fourth quarter ...

TriMas Announces Acquisition of Intertech

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that it has acquired Intertech Plastics (“Intertech”), an innovative solutions provider of complex, precision injection mol...

TriMas Announces Fourth Quarter and Full Year 2021 Earnings Conference Call Date

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its fourth quarter and full year 2021 earnings conference call on Tuesday, March 1, 2022. The conference ...

TriMas Announces Updated Sustainability Report

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced it has updated its Sustainability Report, further enhancing transparency of TriMas' sustainability progress through 2021. T...

TriMas (TRS) Closes Omega Buyout, Fortifies Packaging Business

TriMas (TRS) completes its acquisition of Omega Plastics, the third addition to its packaging platform in two years.

TriMas Closes on Acquisition of Omega

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that it has closed the acquisition of Omega Plastics (“Omega”), a manufacturer of custom components and tooling for medical...

TriMas (TRS) to Buy Omega & TFI, Expands Packaging & Aerospace

TriMas' (TRS) buyouts help it expand its product offerings in the packaging and aerospace business.

TriMas Acquires Family-Owned Companies Omega Plastics, TFI Aerospace For Undisclosed Sum

TriMas Corp (NASDAQ: TRS) has agreed to acquire private, family-owned companies, Omega Plastics, and TFI Aerospace, for undisclosed financial terms. Omega Plastics will be added to TriMas Packaging and ...

TriMas Announces Two New Acquisitions

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that it has recently signed agreements to acquire Omega Plastics (“Omega”), to be added to TriMas Packaging, and TFI Aerosp...