What is Zacks Research’s Forecast for TriMas Q3 Earnings?

TriMas Corporation (NASDAQ:TRS) – Equities research analysts at Zacks Research dropped their Q3 2027 earnings per share estimates for shares of TriMas in a research note issued on Thursday, November 12th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $0.57 per share for the quarter, down from their previous forecast of $0.58. The consensus estimate for TriMas’ current full-year earnings is $1.67 per share. Zacks Research also issued estimates for TriMas’ Q4 2027 earnings at $0.53 EPS, Q1 2028 earnings at $0.48 EPS and Q2 2028 earnings at $0.55 EPS.

A number of other research firms also recently commented on TRS. BWS Financial reiterated a “buy” rating and set a $45.00 price objective on shares of TriMas in a research note on Monday, August 3rd. Wall Street Zen raised TriMas from a “sell” rating to a “hold” rating in a report on Saturday, August 29th. Finally, Weiss Ratings upgraded TriMas from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, TriMas currently has an average rating of “Moderate Buy” and a consensus price target of $41.50.

TriMas Stock Down 1.2%

TRS stock opened at $37.62 on Friday. The company has a current ratio of 5.44, a quick ratio of 5.03 and a debt-to-equity ratio of 0.28. The firm has a 50 day simple moving average of $38.79 and a 200-day simple moving average of $38.80. The company has a market capitalization of $1.35 billion, a P/E ratio of 22.94 and a beta of 0.62. TriMas has a twelve month low of $30.43 and a twelve month high of $45.42.

TriMas (NASDAQ:TRS) last announced its earnings results on Thursday, October 29th. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. The company had revenue of $178.74 million for the quarter, compared to analyst estimates of $175.16 million. TriMas had a return on equity of 5.20% and a net margin of 117.63%. TriMas’s quarterly revenue was down 33.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.61 EPS.

TriMas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, November 12th. Stockholders of record on Thursday, November 5th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, November 5th. This represents a $0.16 annualized dividend and a dividend yield of 0.4%. TriMas’s payout ratio is 0.66%.

Institutional Trading of TriMas

Large investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio bought a new stake in TriMas in the 2nd quarter valued at about $34,000. Nisa Investment Advisors LLC grew its position in TriMas by 48.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,718 shares of the industrial products company’s stock worth $143,000 after purchasing an additional 1,216 shares during the last quarter. Inspire Investing LLC grew its position in TriMas by 8.7% in the 3rd quarter. Inspire Investing LLC now owns 16,405 shares of the industrial products company’s stock worth $633,000 after purchasing an additional 1,319 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of TriMas by 10.4% in the first quarter. Quantinno Capital Management LP now owns 14,303 shares of the industrial products company’s stock valued at $514,000 after purchasing an additional 1,345 shares during the period. Finally, Signaturefd LLC increased its stake in shares of TriMas by 222.7% in the third quarter. Signaturefd LLC now owns 2,149 shares of the industrial products company’s stock valued at $83,000 after purchasing an additional 1,483 shares during the period. Institutional investors and hedge funds own 99.42% of the company’s stock.

About TriMas

TriMas Corporation is a diversified manufacturer of engineered products, serving customers in the packaging and aerospace industries. The company sells products to consumer, industrial and aerospace markets through its operating businesses. Its packaging business makes closures and dispensing systems used on containers for products such as food, beverages, personal care items and household goods. Its aerospace business manufactures fasteners and other components used in aircraft and aerospace applications.