Trinity Industries, Inc. Announces Quarterly Dividend of $0.31 (NYSE:TRN)

Trinity Industries, Inc. (NYSE:TRN) announced a quarterly dividend on Thursday, March 5th. Investors of record on Wednesday, April 15th will be given a dividend of 0.31 per share by the transportation company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, April 15th.

Trinity Industries has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 16 years. Trinity Industries has a payout ratio of 72.9% meaning its dividend is sufficiently covered by earnings.

Trinity Industries Price Performance

NYSE:TRN traded down $1.10 during trading hours on Thursday, hitting $33.15. The company’s stock had a trading volume of 514,476 shares, compared to its average volume of 877,257. The company has a market capitalization of $2.65 billion, a PE ratio of 10.76 and a beta of 1.42. Trinity Industries has a 52-week low of $22.38 and a 52-week high of $35.62. The business’s 50-day moving average is $30.16 and its two-hundred day moving average is $28.46. The company has a debt-to-equity ratio of 4.75, a quick ratio of 1.08 and a current ratio of 1.90.

Trinity Industries (NYSE:TRN) last announced its quarterly earnings results on Thursday, February 12th. The transportation company reported $2.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.30 by $0.01. Trinity Industries had a net margin of 11.73% and a return on equity of 21.02%. The business had revenue of $611.20 million during the quarter, compared to the consensus estimate of $570.45 million. During the same quarter last year, the firm posted $0.39 EPS. The business’s revenue was down 2.9% compared to the same quarter last year. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS. As a group, research analysts anticipate that Trinity Industries will post 1.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TRN has been the topic of several research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Trinity Industries in a report on Monday, December 29th. Susquehanna set a $34.00 price objective on shares of Trinity Industries and gave the stock a “neutral” rating in a research report on Friday, February 13th. Wall Street Zen upgraded shares of Trinity Industries from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Finally, The Goldman Sachs Group set a $33.00 target price on shares of Trinity Industries and gave the stock a “neutral” rating in a research report on Thursday, February 12th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $33.50.

Trinity Industries Company Profile

Trinity Industries, Inc is a diversified industrial company headquartered in Dallas, Texas, with roots dating back to its incorporation in 1933. The company principally serves the transportation, infrastructure and energy sectors through the design, manufacture and leasing of railcars and related components. Trinity operates multiple business segments that encompass railcar manufacturing, aftermarket parts production, railcar leasing and management, inland barge construction and leasing, as well as infrastructure products for highways and energy applications.

In its railcar segment, Trinity produces a broad portfolio of freight cars—including tank cars, covered hoppers, gondolas and autoracks—alongside critical system components such as braking systems, couplers and wheels.