How to Buy Trinity Industries Stock
Trinity Industries Inc
Trinity Industries is a railroad company located in Texas, United States, which is part of the Industrials sector, and is traded under the ticker TRN on the NYSE exchange.
Trinity Industries stock last closed at $27.18, up 1.57% from the previous day, and has increased 13.11% in one year. It has underperformed other stocks in the Railroads industry by 0.06 percentage points. Trinity Industries stock is currently +35.63% from its 52-week low of $20.04, and -5.82% from its 52-week high of $28.86.
There are currently 81.86M shares of TRN outstanding. The market cap of TRN is $2.22B. In the past 24 hours, 621,676 TRN shares were traded.
How to Buy Trinity Industries Stock
Wondering how to invest in Trinity Industries stock? Here's how.
- Choose where to buy Trinity Industries stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Trinity Industries stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your method of payment and add your info.
- Evaluate Trinity Industries stock: The Trinity Industries ticker symbol is TRN. Is Trinity Industries stock a good investment? Should you buy shares of TRN? How do TRN's underlying business fundamentals look? Do top analysts think Trinity Industries is a good buy? Why has TRN's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if TRN is a good stock to buy).
- Place your TRN trade: Decide if you will purchase TRN shares at the current market price or use a limit order to purchase TRN shares at a given price.
- Get key alerts regarding your investment in TRN: Create a watchlist to key updates about your position in Trinity Industries shares.
Step 1: Choose where to buy Trinity Industries stock
You will need an online brokerage account to access the NYSE market and buy TRN shares.
Our preferred brokerage: eToro
Based on our analysis, eToro is the best online stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal information so you are able to buy TRN stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on stock market app, your next step is to transfer the money for your investment:
Check out the walkthrough below for more details depositing funds into your brokerage account.
Step 4: Evaluate Trinity Industries stock
After you have identified the best place to buy Trinity Industries stock, it's absolutely critical to analyze their stock prior to investing, so you actually comprehend the risk as well as the upside.
Overview of key TRN info
Trinity Industries Fundamentals
WallStreetZen was designed to help part-time investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on TRN's stock page.
Is TRN stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge TRN's fair value.
Using relative valuations ratios:
- TRN may be undervalued based on its P/E ratio of 20.75x, relative to Railroads industry P/E ratio of 24.63x
- TRN could be undervalued based on its P/B ratio of 2.15x, relative to Railroads industry P/B ratio of 4.56x
- TRN could be overvalued based on its PEG ratio of 7.6x
You can access additional valuation analysis on TRN's stock here.
TRN Financials at a glance
Passed Health Checks:
- TRN profit margin has gone up from 3% to 3.6% in the past year.
Failed Health Checks:
- TRN has a relatively high debt to equity ratio of 7.36.
- Total TRN debt is higher than 5 years ago, relative to shareholder equity.
Is Trinity Industries stock a Buy, Hold, or Sell, according to analysts?
Out of 2 sell side analysts who give forecasts on TRN, the consensus analyst rating on TRN is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Trinity Industries stock forecast page.
TRN Technical Indicators
TRN Growth Numbers
Last year, TRN earnings were $106.00M. Over the past 5 year, TRN's earnings have gone up by 3.75% per year. This was slower than the Railroads industry average of 5.23%.
Last year, TRN revenue was $2.98B. Over the last five year, TRN's revenue has gone up by 3.52% per year. This was slower than the Railroads industry average of 4.52%.
Dig into TRN's earnings and revenue performance here.
What are TRN insiders up to?
In the past 12 months, insiders at TRN have sold more shares than they have bought.
Eric R. Marchetto, EVP CFO of TRN, was the latest TRN insider to sell. They sold $273,868.00 worth of TRN stock on Mar 27, 2024.
Get more info about who owns TRN stock here.
Can I get consistent income from TRN stock?
Trinity Industries pays a dividend of 3.97%, compared to the Railroads industry's average dividend yield of 1.92%. If you owned $1,000 of TRN stock, you would have been paid $39.74 in the past 12 months.
Trinity Industries dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Trinity Industries dividend yield and history here.
What others are saying about TRN
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your TRN trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open button and eToro will execute your order.
If you want more info about buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in TRN
Now that you own some TRN shares, you'll want to keep up with your new company.
Start a watchlist to keep tabs on your TRN stock.
TRN Feed
How to Buy Stock in Trinity Industries
To reiterate, here are the 6 steps to buy Trinity Industries stock:
- Choose where to buy Trinity Industries stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Evaluate Trinity Industries stock
- Place your TRN trade
- Get key alerts regarding your investment in TRN
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Trinity Industries, add TRN to your watchlist below.
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