|Bid||21.63 x 2200|
|Ask||0.00 x 4000|
|Day's Range||20.94 - 21.70|
|52 Week Range||16.03 - 26.63|
|Beta (3Y Monthly)||1.99|
|PE Ratio (TTM)||20.34|
|Forward Dividend & Yield||0.68 (3.14%)|
|1y Target Est||N/A|
Trinity Industries, Inc. (TRN) (“Trinity”) announced today that it will report its financial results for the three months and nine months ended September 30, 2019 after the financial markets close on October 23, 2019. Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that are leading providers of rail transportation products and services in North America. Trinity also owns businesses engaged in the manufacture of products used on the nation’s roadways and in traffic control, as well as logistical and transportation businesses that provide support services to a variety of industrial manufacturers.
Trinity Industries, Inc. (TRN) (“Trinity”) announced today that its wholly owned subsidiary, TrinityRail Maintenance Services, Inc. (“TRMS”), has agreed to purchase land for the construction of a new railcar maintenance services facility in Shell Rock, Iowa. TRMS has selected the 230-acre site for its expansion, which is expected to employ over 250 people following Trinity’s planned capital investment of approximately $60 million in the Butler County, Iowa, community. Upon completion, the new facility will provide a full range of railcar services, including repairs and maintenance, coatings, cleaning, inspections, and testing.
Trinity Industries, Inc. has declared a quarterly dividend of 17 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity’s 221st consecutively paid dividend, is payable July 31, 2019 to stockholders of record on July 15, 2019.
Trinity Industries, Inc. (TRN) (“Trinity” or the “Company”) today announced that Eric R. Marchetto, currently Executive Vice President and Chief Commercial Officer of TrinityRail, has been named Senior Vice President of Trinity and Group President of TrinityRail. The Company also announced the separation of the roles of Chairman of the Board of Directors and Chief Executive Officer.
Trinity Industries, Inc. (TRN) (“Trinity”) today announced that it has completed its previously announced accelerated share repurchase (“ASR”) program, consuming the Company’s current $500 million share repurchase program authorized by Trinity’s Board of Directors in December 2017. As a result, Trinity’s Board has approved a new $350 million share repurchase program effective immediately, that expires on December 31, 2020. Trinity’s Board of Directors has also declared a 31% increase to the Company’s quarterly dividend to 17 cents per share on its $0.01 par value common stock from the current quarterly dividend of 13 cents per share.
Trinity Industries, Inc. today announced earnings results for the fourth quarter and full year ended December 31, 2018, including the following highlights:
Trinity Industries, Inc. (TRN) announced today that the United States Supreme Court has denied Joshua Harman’s request to review the Fifth Circuit Court of Appeals’ holding that the company did not violate the False Claims Act regarding the ET Plus® highway end terminal system. The Supreme Court’s denial of Mr. Harman’s petition ends this case. Please refer to Note 18 to the financial statements in Trinity’s Form 10-Q for the period ended September 30, 2018, for additional information about Joshua Harman, on behalf of the United States of America, Plaintiff/Relator v. Trinity Industries, Inc., Defendant and the Company’s highway products and other litigation.
NEW YORK, Dec. 10, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.