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

Trinity Industries (NYSE:TRN) announced its earnings results on Thursday. The transportation company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.01, Zacks reports. Trinity Industries had a net margin of 5.31% and a return on equity of 14.57%. Trinity Industries updated its FY 2025 guidance to 1.500-1.800 EPS.

Trinity Industries Stock Performance

Shares of TRN stock traded down $2.33 during trading hours on Thursday, reaching $31.88. 326,387 shares of the company’s stock were exchanged, compared to its average volume of 483,325. The company has a debt-to-equity ratio of 4.39, a current ratio of 2.00 and a quick ratio of 1.08. The company’s 50 day moving average is $36.52 and its two-hundred day moving average is $35.28. The company has a market cap of $2.62 billion, a P/E ratio of 15.55 and a beta of 1.40. Trinity Industries has a 1 year low of $23.67 and a 1 year high of $39.83.

Trinity Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date was Wednesday, January 15th. This is a positive change from Trinity Industries’s previous quarterly dividend of $0.28. Trinity Industries’s payout ratio is currently 58.54%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in 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 initiated coverage on Trinity Industries in a report on Monday, November 18th. They set a “neutral” rating and a $39.00 price target for the company.

Trinity Industries Company Profile

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.