Trinity Industries (NYSE:TRN) Posts Earnings Results, Beats Expectations By $0.01 EPS

Trinity Industries (NYSE:TRN) posted its quarterly earnings data on Thursday. The transportation company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.01, Zacks reports. Trinity Industries had a return on equity of 14.57% and a net margin of 5.31%. The firm had revenue of $629.40 million during the quarter, compared to analysts’ expectations of $589.30 million. Trinity Industries updated its FY 2025 guidance to 1.500-1.800 EPS.

Trinity Industries Trading Down 3.4 %

TRN traded down $1.06 during trading hours on Friday, reaching $30.30. The company’s stock had a trading volume of 143,542 shares, compared to its average volume of 498,198. Trinity Industries has a fifty-two week low of $23.67 and a fifty-two week high of $39.83. The stock has a market cap of $2.49 billion, a PE ratio of 14.78 and a beta of 1.40. The business’s 50-day moving average is $36.40 and its 200-day moving average is $35.25. The company has a debt-to-equity ratio of 4.39, a current ratio of 2.00 and a quick ratio of 1.08.

Trinity Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were issued a dividend of $0.30 per share. This is a boost from Trinity Industries’s previous quarterly dividend of $0.28. This represents a $1.20 annualized dividend and a dividend yield of 3.96%. The ex-dividend date was Wednesday, January 15th. Trinity Industries’s payout ratio is currently 58.54%.

Analysts Set New Price Targets

A number of analysts have commented on TRN shares. StockNews.com cut Trinity Industries from a “buy” rating to a “hold” rating in a research report on Monday, November 4th. The Goldman Sachs Group assumed coverage on Trinity Industries in a research note on Monday, November 18th. They set a “neutral” rating and a $39.00 price objective for the company.

About Trinity Industries

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.