Triton International (TRTN) to Post Q1 2017 Earnings of $0.35 Per Share, SunTrust Banks Forecasts
Triton International (NASDAQ:TRTN) – Investment analysts at SunTrust Banks dropped their Q1 2017 earnings per share estimates for Triton International in a research note issued to investors on Wednesday. SunTrust Banks analyst D. Mewhirter now anticipates that the brokerage will earn $0.35 per share for the quarter, down from their previous forecast of $0.36. SunTrust Banks also issued estimates for Triton International’s Q2 2017 earnings at $0.53 EPS, Q3 2017 earnings at $0.57 EPS, Q4 2017 earnings at $0.48 EPS and FY2017 earnings at $1.93 EPS.
A number of other analysts have also recently weighed in on TRTN. Cowen and Company started coverage on Triton International in a research note on Wednesday, July 13th. They issued a “market perform” rating and a $17.00 price target on the stock. Bank of America Corp. cut Triton International from a “neutral” rating to an “underperform” rating and set a $12.00 price target on the stock. in a research note on Tuesday, August 9th. Finally, Zacks Investment Research cut Triton International from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 11th.
Triton International (NASDAQ:TRTN) opened at 13.19 on Thursday. The stock has a 50 day moving average price of $14.31 and a 200-day moving average price of $14.74. Triton International has a one year low of $8.15 and a one year high of $20.90.
The company also recently announced a quarterly dividend, which was paid on Thursday, September 22nd. Stockholders 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 dividend yield of 13.65%. The ex-dividend date of this dividend was Tuesday, September 6th.
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