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

Trinity Industries, Inc. (NYSE:TRN) announced a quarterly dividend on Thursday, May 21st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.31 per share by the transportation company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Wednesday, July 15th.

Trinity Industries has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 16 years. Trinity Industries has a dividend payout ratio of 72.9% indicating that its dividend is sufficiently covered by earnings.

Trinity Industries Stock Performance

Shares of Trinity Industries stock opened at $34.39 on Friday. The company has a market cap of $2.73 billion, a PE ratio of 11.02 and a beta of 1.40. Trinity Industries has a 52 week low of $22.38 and a 52 week high of $37.36. The business has a 50 day moving average price of $32.75 and a 200-day moving average price of $30.22. The company has a quick ratio of 0.94, a current ratio of 1.87 and a debt-to-equity ratio of 4.70.

Trinity Industries (NYSE:TRN) last issued its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.28 by $0.04. The firm had revenue of $492.00 million during the quarter, compared to the consensus estimate of $538.87 million. Trinity Industries had a return on equity of 21.86% and a net margin of 12.37%.The company’s quarterly revenue was down 16.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.29 earnings per share. Trinity Industries has set its FY 2026 guidance at 2.200-2.400 EPS. Equities analysts anticipate that Trinity Industries will post 2.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TRN has been the subject of several analyst reports. Weiss Ratings raised Trinity Industries from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Susquehanna increased their price objective on Trinity Industries from $34.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, May 1st. The Goldman Sachs Group reissued a “neutral” rating and set a $36.00 price objective on shares of Trinity Industries in a report on Thursday, April 30th. Finally, Wall Street Zen raised Trinity Industries from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Trinity Industries currently has an average rating of “Hold” and a consensus target price of $35.50.

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.