Trinity Industries, Inc. (TRN) To Go Ex-Dividend on April 15th

Trinity Industries, Inc. (NYSE:TRNGet Free Report) declared a quarterly dividend on Thursday, March 5th. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.31 per share by the transportation company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Wednesday, April 15th.

Trinity Industries has raised its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 16 consecutive years. Trinity Industries has a payout ratio of 72.9% indicating that its dividend is sufficiently covered by earnings.

Trinity Industries Stock Performance

Shares of Trinity Industries stock opened at $34.57 on Monday. Trinity Industries has a 52 week low of $22.38 and a 52 week high of $35.62. The business’s fifty day simple moving average is $32.29 and its 200-day simple moving average is $29.10. The firm has a market cap of $2.75 billion, a PE ratio of 11.23 and a beta of 1.46. The company has a quick ratio of 1.08, a current ratio of 1.90 and a debt-to-equity ratio of 4.75.

Trinity Industries (NYSE:TRNGet Free Report) last announced its quarterly earnings results on Thursday, February 12th. The transportation company reported $2.31 EPS for the quarter, beating the consensus estimate of $2.30 by $0.01. Trinity Industries had a return on equity of 21.02% and a net margin of 11.73%.The business had revenue of $611.20 million for the quarter, compared to analyst estimates of $570.45 million. During the same quarter in the prior year, the company posted $0.39 EPS. The company’s quarterly revenue was down 2.9% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. Equities analysts forecast that Trinity Industries will post 1.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

TRN has been the topic of several recent analyst reports. The Goldman Sachs Group set a $33.00 price target on Trinity Industries and gave the company a “neutral” rating in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trinity Industries in a research note on Monday, December 29th. Wall Street Zen raised Trinity Industries from a “hold” rating to a “buy” rating in a research note on Sunday. Finally, Susquehanna set a $34.00 target price on Trinity Industries and gave the stock a “neutral” rating in a research note on Friday, February 13th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $33.50.

Check Out Our Latest Stock Analysis on Trinity Industries

Trinity Industries Company Profile

(Get Free Report)

Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.

In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.

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Dividend History for Trinity Industries (NYSE:TRN)

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