Trinity Industries (NYSE:TRN) Shares Gap Up After Earnings Beat

Trinity Industries, Inc. (NYSE:TRN) shares gapped up before the market opened on Thursday following a stronger than expected earnings report. The stock had previously closed at $31.68, but opened at $33.68. Trinity Industries shares last traded at $34.9270, with a volume of 194,409 shares trading hands.

The transportation company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $2.30 by $0.01. Trinity Industries had a net margin of 4.39% and a return on equity of 8.18%. During the same period in the previous year, the company earned $0.39 EPS. Trinity Industries’s quarterly revenue was down 2.9% on a year-over-year basis. Trinity Industries has set its FY 2026 guidance at 1.850-2.100 EPS.

Trinity Industries Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were given a dividend of $0.31 per share. This is an increase from Trinity Industries’s previous quarterly dividend of $0.30. This represents a $1.24 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Thursday, January 15th. Trinity Industries’s dividend payout ratio (DPR) is 108.77%.

Analysts Set New Price Targets

TRN has been the topic of several research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Trinity Industries in a research note on Monday, December 29th. Susquehanna set a $28.00 price target on shares of Trinity Industries and gave the stock a “neutral” rating in a research report on Monday, January 26th. Finally, The Goldman Sachs Group set a $31.00 price objective on shares of Trinity Industries and gave the company a “neutral” rating in a research note on Friday, October 31st. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $29.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TRN. JPMorgan Chase & Co. grew its stake in Trinity Industries by 22.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 390,934 shares of the transportation company’s stock worth $10,559,000 after buying an additional 70,391 shares during the last quarter. Stephens Inc. AR grew its position in shares of Trinity Industries by 1,416.2% during the third quarter. Stephens Inc. AR now owns 123,770 shares of the transportation company’s stock worth $3,471,000 after acquiring an additional 115,607 shares during the last quarter. Ellsworth Advisors LLC purchased a new position in shares of Trinity Industries during the third quarter worth approximately $1,172,000. SG Americas Securities LLC increased its holdings in shares of Trinity Industries by 238.5% in the 2nd quarter. SG Americas Securities LLC now owns 48,758 shares of the transportation company’s stock valued at $1,317,000 after acquiring an additional 34,353 shares during the period. Finally, Concurrent Investment Advisors LLC raised its position in Trinity Industries by 147.4% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 74,792 shares of the transportation company’s stock valued at $2,097,000 after purchasing an additional 44,560 shares during the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

Trinity Industries Trading Up 10.5%

The business’s 50 day simple moving average is $28.22 and its 200 day simple moving average is $27.61. The company has a debt-to-equity ratio of 4.75, a current ratio of 1.88 and a quick ratio of 0.80. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 30.64 and a beta of 1.48.

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.