Trinity Industries
About: Trinity Industries Inc. sells and leases railroad products and railcar maintenance services in North America. The company operates under the name TrinityRail in three main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. Customers include railroads, leasing companies, and shipping companies in the industries of agriculture, construction, consumer products, energy, and chemicals.
Employees: 9,480
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
33% more call options, than puts
Call options by funds: $7.98M | Put options by funds: $5.99M
32% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 34
15% more capital invested
Capital invested by funds: $2.13B [Q2] → $2.45B (+$323M) [Q3]
4% more funds holding
Funds holding: 282 [Q2] → 293 (+11) [Q3]
0.97% less ownership
Funds ownership: 87.02% [Q2] → 86.05% (-0.97%) [Q3]
14% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 104
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$35
2%
downside
Avg. target
$37
3%
upside
High target
$39
9%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Goldman Sachs | 9%upside $39 | Neutral Initiated | 18 Nov 2024 |
Susquehanna Bascome Majors 53% 1-year accuracy 21 / 40 met price target | 2%downside $35 | Neutral Downgraded | 21 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
Trinity Industries, Inc. Increases Quarterly Dividend to $0.30 / Share
DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) has declared an increase in its quarterly dividend to 30 cents per share on its $0.01 par value common stock, up from 28 cents per share. This increase reflects Trinity's continued commitment to dividend growth. The quarterly cash dividend, representing Trinity's 243rd consecutively paid dividend, is payable January 31, 2025 to stockholders of record on January 15, 2025. About Trinity Industries Trinity Industries, Inc., headquartered.
Positive
Seeking Alpha
1 month ago
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 over the past four quarters, with no indication of troubles ahead for the company or the railcar industry. Trinity's Q3 earnings beat estimates, and the company has a strong dividend yield of 3.01%, with a five-year dividend growth rate averaging 11.84%.
Neutral
Business Wire
1 month ago
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, TN. The presentation will be webcast live at 2:00 pm CT. The webcast can be accessed at www.trin.net on the Investor Relations tab under Events and Presentations and a replay will be available for 90 days. Company Description Trinity Industries, Inc., headquartered in Dallas, Texas, owns business.
Neutral
Seeking Alpha
1 month ago
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 CEO Eric Marchetto - Chief Financial Officer Conference Call Participants Bascome Majors - Susquehanna Operator Good day and welcome to the Trinity Industries Third Quarter Ended September 30, 2024 Results Conference Call. All participants will be in listen-only mode.
Neutral
Business Wire
1 month ago
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 company revenues of $799 million Quarterly income from continuing operations per common diluted share ("EPS") of $0.44 and adjusted EPS of $0.43; $0.17 improvement in adjusted EPS year over year Lease fleet utilization of 96.6% and FLRD of positive 28.4% at quarter-end Railcar deliveries of 4,360 and ne.
Neutral
Business Wire
2 months ago
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 financial markets open on October 31, 2024. Trinity will conduct a conference call shortly thereafter at 8:00 a.m. Eastern on October 31,2024 to discuss its results. Investors may listen to the conference call via the following live and replay methods: Webcast: To listen to our earnings conference ca.
Neutral
Business Wire
3 months ago
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 Trinity's 242nd consecutively paid dividend, is payable October 31, 2024 to stockholders of record on October 15, 2024. About Trinity Industries Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North Ame.
Neutral
Seeking Alpha
4 months ago
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 CEO Eric Marchetto - Chief Financial Officer Conference Call Participants Bascome Majors – Susquehanna Steve Barger - KeyBanc Capital Markets Operator Good day. And welcome to the Trinity Industries Second Quarter Ended June 30, 2024 Results Conference Call.
Neutral
Business Wire
4 months ago
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 revenues of $841 million; 16% improvement year over year Quarterly income from continuing operations per common diluted share ("EPS") of $0.67 and adjusted EPS of $0.66; $0.43 improvement in adjusted EPS year over year Lease fleet utilization of 96.9% and FLRD of positive 28.3% at quarter-end Railca.
Positive
Investors Business Daily
4 months ago
Riding 371% Profit Surge, This Rail Industry Supplier Tops Buy Point
Trinity Industries is in a buy zone ahead of earnings on Thursday. The railroad stock has outperformed the S&P 500 year to date.
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