Triton International Limited (TRTN) Receives Daily Coverage Optimism Score of 0.12

Media coverage about Triton International Limited (NYSE:TRTN) has been trending somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Triton International Limited earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.307899371895 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

TRTN has been the topic of several recent research reports. BidaskClub upgraded Triton International Limited from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. SunTrust Banks, Inc. restated a “buy” rating and issued a $40.00 price objective (up previously from $35.00) on shares of Triton International Limited in a research report on Thursday, August 10th. Cowen and Company restated a “buy” rating and issued a $44.00 price objective (up previously from $40.00) on shares of Triton International Limited in a research report on Thursday, August 10th. Zacks Investment Research upgraded Triton International Limited from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research report on Thursday, July 27th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $35.00 price objective on shares of Triton International Limited in a research report on Thursday, August 10th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $44.00.

Shares of Triton International Limited (NYSE:TRTN) traded up $1.15 during trading hours on Thursday, hitting $40.84. The stock had a trading volume of 684,398 shares, compared to its average volume of 439,961. Triton International Limited has a 52-week low of $15.69 and a 52-week high of $43.85. The stock has a market cap of $3,200.00 and a price-to-earnings ratio of 18.94. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 3.70.

Triton International Limited (NYSE:TRTN) last announced its earnings results on Wednesday, November 8th. The company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. Triton International Limited had a return on equity of 8.76% and a net margin of 14.44%. The firm had revenue of $302.10 million for the quarter, compared to analyst estimates of $301.71 million. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. analysts forecast that Triton International Limited will post 2.75 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Friday, December 1st will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.41%. Triton International Limited’s dividend payout ratio (DPR) is 382.98%.

In related news, VP Michelle Gallagher sold 1,000 shares of the stock in a transaction on Friday, October 20th. The stock was sold at an average price of $40.00, for a total value of $40,000.00. Following the completion of the transaction, the vice president now directly owns 23,158 shares of the company’s stock, valued at approximately $926,320. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.50% of the stock is currently owned by corporate insiders.

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