TriMas (NASDAQ:TRS) Announces Quarterly Earnings Results

TriMas (NASDAQ:TRS) released its earnings results on Thursday. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.05), Zacks reports. TriMas had a net margin of 2.93% and a return on equity of 9.21%. TriMas updated its FY 2025 guidance to 1.700-1.850 EPS.

TriMas Stock Down 6.2 %

NASDAQ:TRS traded down $1.36 during midday trading on Thursday, reaching $20.51. 1,158,029 shares of the stock traded hands, compared to its average volume of 334,114. TriMas has a 12-month low of $19.33 and a 12-month high of $28.51. The business has a 50-day moving average of $23.95 and a two-hundred day moving average of $25.15. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.44 and a current ratio of 2.83. The stock has a market capitalization of $832.13 million, a PE ratio of 32.05 and a beta of 0.66.

TriMas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.78%. TriMas’s dividend payout ratio is presently 25.00%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. BWS Financial reiterated a “buy” rating and set a $40.00 target price on shares of TriMas in a research note on Thursday, January 23rd. StockNews.com upgraded shares of TriMas from a “sell” rating to a “hold” rating in a research note on Wednesday, November 13th.

About TriMas

TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide. The company operates through Packaging, Aerospace, and Specialty Products segments. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, and flexible spouts; polymeric jar products; integrated dispensers; bag-in-box products; and consumable vascular delivery and diagnostic test components under the Rieke, Taplast, Affaba & Ferrari, Intertech, Omega, and Rapak brands.