Triton International Ltd (NYSE:TRTN) has received a consensus rating of “Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $40.40.

TRTN has been the topic of a number of recent research reports. ValuEngine upgraded Triton International from a “strong sell” rating to a “sell” rating in a report on Friday, August 10th. Keefe, Bruyette & Woods upgraded Triton International from a “market perform” rating to an “outperform” rating in a report on Thursday, September 6th. Wells Fargo & Co cut Triton International from an “outperform” rating to a “market perform” rating and set a $35.00 target price on the stock. in a report on Friday, September 28th. Zacks Investment Research upgraded Triton International from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Thursday, October 4th. Finally, Bank of America cut their target price on Triton International from $41.00 to $38.00 and set a “buy” rating on the stock in a report on Wednesday, October 10th.

Shares of TRTN stock opened at $33.37 on Friday. The company has a market cap of $2.67 billion, a PE ratio of 12.00, a P/E/G ratio of 0.76 and a beta of 2.84. Triton International has a 52 week low of $27.76 and a 52 week high of $42.41. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.38 and a quick ratio of 1.38.

Triton International (NYSE:TRTN) last announced its quarterly earnings data on Friday, November 2nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.12 by $0.05. Triton International had a net margin of 37.41% and a return on equity of 14.44%. The company had revenue of $350.08 million during the quarter, compared to the consensus estimate of $349.39 million. During the same quarter last year, the firm posted $0.81 EPS. The company’s quarterly revenue was up 15.9% on a year-over-year basis. On average, sell-side analysts expect that Triton International will post 4.42 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 17th. Investors of record on Monday, December 3rd will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date is Friday, November 30th. Triton International’s dividend payout ratio is currently 74.82%.

In other news, Director Global Ltd Bharti bought 337,000 shares of the business’s stock in a transaction that occurred on Thursday, November 1st. The shares were bought at an average cost of $34.78 per share, for a total transaction of $11,720,860.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.40% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of the business. Quad Cities Investment Group LLC lifted its stake in Triton International by 18.6% during the 2nd quarter. Quad Cities Investment Group LLC now owns 9,465 shares of the company’s stock valued at $290,000 after acquiring an additional 1,484 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Triton International by 14.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,115 shares of the company’s stock worth $403,000 after purchasing an additional 1,493 shares during the period. Vanguard Capital Wealth Advisors raised its stake in shares of Triton International by 14.4% during the 2nd quarter. Vanguard Capital Wealth Advisors now owns 13,480 shares of the company’s stock worth $413,000 after purchasing an additional 1,700 shares during the period. SG Americas Securities LLC raised its stake in shares of Triton International by 31.9% during the 2nd quarter. SG Americas Securities LLC now owns 7,109 shares of the company’s stock worth $218,000 after purchasing an additional 1,720 shares during the period. Finally, Strs Ohio raised its stake in shares of Triton International by 4.0% during the 2nd quarter. Strs Ohio now owns 51,400 shares of the company’s stock worth $1,575,000 after purchasing an additional 2,000 shares during the period. Institutional investors and hedge funds own 64.25% of the company’s stock.

Triton International Company Profile

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry freight, refrigerated, special, and tank containers; and chassis used for the transportation of containers, as well as manages containers owned by third parties.

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Analyst Recommendations for Triton International (NYSE:TRTN)

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