Trinity Industries, Inc. (TRN) to Issue Quarterly Dividend of $0.31 on July 31st

Trinity Industries, Inc. (NYSE:TRN) declared a quarterly dividend on Thursday, May 21st. Investors of record on Wednesday, July 15th will be given a dividend of 0.31 per share by the transportation company on Friday, July 31st. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Wednesday, July 15th.

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

Trinity Industries Trading Down 4.5%

TRN opened at $32.77 on Friday. The firm has a market cap of $2.61 billion, a P/E ratio of 10.50 and a beta of 1.40. Trinity Industries has a 12 month low of $22.38 and a 12 month high of $37.36. The company has a current ratio of 1.87, a quick ratio of 0.94 and a debt-to-equity ratio of 4.70. The stock has a 50-day moving average of $32.79 and a 200 day moving average of $30.24.

Trinity Industries (NYSE:TRN) last released its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.28 by $0.04. The company had revenue of $492.00 million during the quarter, compared to analyst estimates of $538.87 million. Trinity Industries had a return on equity of 21.86% and a net margin of 12.37%.The firm’s revenue was down 16.0% on a year-over-year basis. During the same quarter last year, the business posted $0.29 earnings per share. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. As a group, research analysts forecast that Trinity Industries will post 2.3 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TRN. Weiss Ratings raised shares of Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. The Goldman Sachs Group reissued a “neutral” rating and issued a $36.00 price objective on shares of Trinity Industries in a research note on Thursday, April 30th. Susquehanna raised their price objective on shares of Trinity Industries from $34.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Wall Street Zen raised shares of Trinity Industries from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $35.50.

Trinity Industries Company Profile

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.