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TRNTrinity Industries, Inc.Sell4.8·$35.21+1.18%
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Trinity Industries, Inc. (TRN) Stock Analysis

SellVALUE-TRAP 3/5High Confidence

Industrials · Railroads

Sell if holding. Analyst target reached at $35.21 — A.R:R is negative (-1.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Mexico.

Trinity Industries is the leading North American provider of railcar products and services under the TrinityRail brand, operating Railcar Leasing and Services Group (101,485 railcars, 97.1% utilized) and Rail Products Group (freight/tank railcar manufacturer). Revenue is... Read more

$35.21-0.5% A.UpsideScore 4.8/10#6 of 8 Railroads
QualityF-score6 / 9FCF yield-16.52%
IncomeYield3.56%(5y avg 3.69%)Payout38.17%sustainable
Stop $33.33Target $35.04(resistance)A.R:R -1.3:1
Analyst target$35.50+0.8%2 analysts
$35.04our TP
$35.21price
$35.50mean
$35
$36

Sell if holding. Analyst target reached at $35.21 — A.R:R is negative (-1.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Mexico. Chart setup: No clear chart pattern; technical signals are mixed. Score 4.8/10, high confidence.

Passes 6/8 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 43d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About Trinity Industries, Inc.

About Trinity Industries, Inc.

Trinity Industries operated a fleet of 101,485 leased railcars at 97.1% utilization as of December 31, 2025, with 146,270 railcars under management including third-party investor-owned equipment. The 6,110-employee company — with 3,460 workers based in Mexico — spans two segments: Railcar Leasing and Services Group and Rail Products Group, serving end markets including refined products and chemicals, energy, agriculture, construction and metals, and consumer products across North America.

Trinity earns revenue through full-service operating leases with fixed monthly rentals typically ranging from one year to ten years, and through railcar sales to railroads, leasing companies, and industrial shippers. The Leasing Group competes primarily against five major railcar lessors, while the Rail Products Group competes against four major railcar manufacturers. Input costs for materials — raw steel, specialty components such as brakes, wheels, side frames, bolsters, and bearings — represent on average more than 70% of the cost of most railcars, making results sensitive to steel price volatility. The majority of railcars are manufactured at facilities in Mexico, exposing the company to cross-border tariff risk; any material change in tariffs imposed under Section 232 of the Trade Expansion Act, Section 301, or IEEPA could affect the company's ability to export Mexico-manufactured railcars to U.S. customers. Trinity also manages third-party investor-owned railcar funds through TILC, generating stable fee income from strategic railcar alliances.

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The North American railcar industry is currently experiencing reduced order volumes and backlog — Trinity's 10-K explicitly states the industry 'has previously experienced sharp cyclical downturns and at such times operated with minimal backlog.' Because the Leasing Group earns fixed monthly rentals and the Rail Products Group generates revenue from new railcar orders, a prolonged cyclical trough could weigh on both manufacturing margins and lease renewal rates simultaneously, compounding the typical industrial cyclical risk.

See also: Industrials · Railroads

From Trinity Industries, Inc.'s most recent 10-K filing, extracted June 16, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-17
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 30, 202643d to earnings· next earnings call

Thesis

Rewards
Attractive valuation
Risks
Concentration risk — Geographic: Mexico
Analyst target reached - limited upside remaining
Leverage penalty (D/E 4.7): -1.5

Key Metrics

P/E (TTM)11.0
P/E (Fwd)14.7
Mkt Cap$2.8B
EV/EBITDA12.5
Profit Mgn12.4%
ROE23.1%
Rev Growth-16.0%
Beta1.36
Dividend3.56%
Rating analysts9

Quality Signals

Piotroski F6/9

Options Flow

P/C24.90bearish
IV52%elevated
Max Pain$24-31.8% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHGeographicMexico
    10-K Item 1A: 'The majority of our railcars are manufactured in Mexico.'

Material Events(8-K, last 90d)

  • 2026-02-17Item 5.02MEDIUM
    EVP Leasing and Services Gregory B. Mitchell announced retirement transition effective October 15, 2026; stepped down from role effective February 16, 2026. No successor for EVP Leasing named in the filing. Decision not due to any disagreement.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers

Revenue shrinking — -16.0% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
0.0
Earnings Growth
4.3
Declining revenue: -16%

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.4
Support Resistance
1.2
52w Position
8.8

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Surprise Avg
0.5
Earnings History
3.3
Erm
5.0
Earnings Timing
5.0
Dividend Safety
5.2
Earnings concerns: 2B/2MDividend: 356.0%
GatesA.R:R -1.3=NEGATIVEExecutive change: officer departure/appointmentMomentum 6.9>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 43d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
81 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $31.20Resistance $35.76

Price Targets

$33
$35
A.Upside-0.5%
A.R:R-1.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-14.3% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-07-30 (43d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is TRN stock a buy right now?

Sell if holding. Analyst target reached at $35.21 — A.R:R is negative (-1.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Mexico. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $33.33. Score 4.8/10, high confidence.

What is the TRN stock price target?

Take-profit target: $35.04 (-0.5% upside). Prior stop was $33.33. Stop-loss: $33.33.

What are the risks of investing in TRN?

Concentration risk — Geographic: Mexico; Analyst target reached - limited upside remaining; Leverage penalty (D/E 4.7): -1.5.

Is TRN overvalued or undervalued?

Trinity Industries, Inc. trades at a P/E of 11.0 (forward 14.7). TrendMatrix value score: 7.2/10. Verdict: Sell.

What do analysts say about TRN?

9 analysts cover TRN with a consensus score of 2.3/5. Average price target: $36.

What does Trinity Industries, Inc. do?Trinity Industries is the leading North American provider of railcar products and services under the TrinityRail brand,...

Trinity Industries is the leading North American provider of railcar products and services under the TrinityRail brand, operating Railcar Leasing and Services Group (101,485 railcars, 97.1% utilized) and Rail Products Group (freight/tank railcar manufacturer). Revenue is generated from full-service railcar leases (fixed monthly rentals, 1–10 year terms), railcar sales, parts, and maintenance services. The majority of railcar manufacturing takes place in Mexico.

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