Q3 2016 EPS Estimates for Triton International (TRTN) Lifted by Analyst
Triton International (NASDAQ:TRTN) – Equities researchers at SunTrust Banks upped their Q3 2016 earnings per share (EPS) estimates for shares of Triton International in a research report issued on Wednesday. SunTrust Banks analyst D. Mewhirter now anticipates that the firm will earn $0.21 per share for the quarter, up from their prior forecast of $0.17. SunTrust Banks also issued estimates for Triton International’s Q4 2016 earnings at $0.30 EPS and FY2016 earnings at $1.00 EPS.
A number of other analysts have also commented on TRTN. Cowen and Company started coverage on shares of Triton International in a research note on Wednesday, July 13th. They set a “market perform” rating and a $17.00 price target for the company. Zacks Investment Research upgraded shares of Triton International from a “sell” rating to a “hold” rating in a research note on Thursday, August 25th. Finally, Bank of America Corp. lowered shares of Triton International from a “neutral” rating to an “underperform” rating and set a $12.00 price target for the company. in a research note on Tuesday, August 9th.
Triton International (NASDAQ:TRTN) traded up 3.4706% during mid-day trading on Friday, hitting $13.1925. 123,181 shares of the stock were exchanged. The stock’s 50-day moving average is $14.35 and its 200 day moving average is $14.74. Triton International has a 52 week low of $8.15 and a 52 week high of $20.90.
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 22nd. Shareholders of record on Thursday, September 8th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 14.12%. The ex-dividend date of this dividend was Tuesday, September 6th.
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