Headlines about Trinity Industries (NYSE:TRN) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Trinity Industries earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 44.8689683011165 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media stories that may have impacted Accern’s scoring:

Trinity Industries (TRN) traded up $0.33 during mid-day trading on Friday, reaching $37.15. 496,835 shares of the company were exchanged, compared to its average volume of 1,087,800. The firm has a market cap of $5,640.00, a PE ratio of 24.77, a price-to-earnings-growth ratio of 2.70 and a beta of 2.27. Trinity Industries has a twelve month low of $25.01 and a twelve month high of $38.25. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.62 and a current ratio of 3.70.

Trinity Industries (NYSE:TRN) last released its quarterly earnings data on Wednesday, October 25th. The transportation company reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.11. The business had revenue of $973.60 million during the quarter, compared to analysts’ expectations of $951.60 million. Trinity Industries had a net margin of 5.97% and a return on equity of 5.32%. The firm’s quarterly revenue was down 12.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.55 EPS. analysts predict that Trinity Industries will post 1.48 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, January 12th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date of this dividend is Thursday, January 11th. Trinity Industries’s dividend payout ratio is 34.67%.

Trinity Industries declared that its board has initiated a share buyback program on Tuesday, December 12th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the transportation company to repurchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Several brokerages have recently commented on TRN. Seaport Global Securities began coverage on shares of Trinity Industries in a research report on Thursday, January 4th. They issued a “neutral” rating for the company. Zacks Investment Research upgraded shares of Trinity Industries from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Tuesday, January 2nd. ValuEngine upgraded shares of Trinity Industries from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Stifel Nicolaus restated a “buy” rating and issued a $43.00 target price on shares of Trinity Industries in a research report on Friday, December 22nd. Finally, Cowen boosted their target price on shares of Trinity Industries from $36.00 to $46.00 and gave the company an “outperform” rating in a research report on Wednesday, December 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $36.25.

In related news, major shareholder Valueact Capital Master Fund, acquired 425,000 shares of the stock in a transaction that occurred on Wednesday, November 15th. The stock was acquired at an average cost of $32.88 per share, for a total transaction of $13,974,000.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP William A. Mcwhirter sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $36.90, for a total transaction of $738,000.00. Following the transaction, the senior vice president now owns 191,339 shares of the company’s stock, valued at $7,060,409.10. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 1,722,237 shares of company stock valued at $55,164,869. 2.00% of the stock is owned by corporate insiders.

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Trinity Industries Company Profile

Trinity Industries, Inc is a diversified industrial company that owns businesses providing products and services to the energy, chemical, agriculture, transportation and construction sectors. The Company’s products and services include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; construction aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products.

Insider Buying and Selling by Quarter for Trinity Industries (NYSE:TRN)

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