Trinity Industries (NYSE:TRN) Sees Unusually-High Trading Volume – Should You Buy?

Trinity Industries, Inc. (NYSE:TRN) shares saw unusually-high trading volume on Friday . Approximately 2,992,942 shares were traded during mid-day trading, an increase of 285% from the previous session’s volume of 777,883 shares.The stock last traded at $27.3160 and had previously closed at $27.48.

Analyst Ratings Changes

Several analysts have issued reports on TRN shares. The Goldman Sachs Group set a $31.00 price objective on Trinity Industries and gave the company a “neutral” rating in a research note on Friday, October 31st. Susquehanna restated a “neutral” rating and issued a $23.00 price target on shares of Trinity Industries in a research note on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trinity Industries in a report on Monday, December 29th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Trinity Industries has an average rating of “Hold” and an average price target of $27.00.

Trinity Industries Trading Down 0.4%

The company has a debt-to-equity ratio of 4.75, a quick ratio of 0.80 and a current ratio of 1.88. The stock has a market capitalization of $2.19 billion, a price-to-earnings ratio of 24.00 and a beta of 1.46. The business has a fifty day simple moving average of $27.10 and a 200 day simple moving average of $27.43.

Trinity Industries (NYSE:TRN) last posted its earnings results on Thursday, October 30th. The transportation company reported $0.38 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.38. Trinity Industries had a return on equity of 8.18% and a net margin of 4.39%.The company had revenue of $454.10 million during the quarter, compared to the consensus estimate of $532.66 million. During the same quarter last year, the firm earned $0.43 earnings per share. The company’s revenue was down 43.2% on a year-over-year basis. Trinity Industries has set its FY 2025 guidance at 1.550-1.70 EPS. As a group, research analysts expect that Trinity Industries, Inc. will post 1.65 EPS for the current year.

Trinity Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Thursday, January 15th. This is a boost from Trinity Industries’s previous quarterly dividend of $0.30. Trinity Industries’s dividend payout ratio (DPR) is currently 105.26%.

Institutional Investors Weigh In On Trinity Industries

Institutional investors have recently made changes to their positions in the stock. Strs Ohio bought a new position in Trinity Industries during the 1st quarter worth $25,000. Parkside Financial Bank & Trust increased its position in shares of Trinity Industries by 129.5% in the second quarter. Parkside Financial Bank & Trust now owns 1,058 shares of the transportation company’s stock worth $29,000 after purchasing an additional 597 shares during the period. GAMMA Investing LLC increased its position in shares of Trinity Industries by 75.4% in the second quarter. GAMMA Investing LLC now owns 1,114 shares of the transportation company’s stock worth $30,000 after purchasing an additional 479 shares during the period. Hantz Financial Services Inc. raised its stake in Trinity Industries by 117.4% in the third quarter. Hantz Financial Services Inc. now owns 1,287 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 695 shares in the last quarter. Finally, Federated Hermes Inc. lifted its position in Trinity Industries by 77.6% during the third quarter. Federated Hermes Inc. now owns 1,403 shares of the transportation company’s stock worth $39,000 after purchasing an additional 613 shares during the period. 86.57% of the stock is currently owned by institutional investors.

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.