Source: Unsplash 

Today we look at a mid-cap railroads company named Trinity Industries Inc. Its trading ticker symbol is TRN. This is my first report on Trinity Industries Inc for this portfolio. I reviewed it for Volio last year.

Trinity Industries Inc. sells and leases railroad products and railcar maintenance services in North America. 

The company operates under the name TrinityRail in three main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. 

Customers include railroads, leasing companies, and shipping companies in the industries of agriculture, construction, consumer products, energy, and chemicals.

The company sells or leases products and services through its own sales personnel and independent sales representatives. 

'Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.

I use three key data points to gauge dividend equities or funds like Trinity Industries Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

TRN Price

Trinity's price per share closed at $31.35 yesterday. A year ago its price was $21.23. Price per share rose $10.12 or nearly 48% this past year. 

If TRN's stock trades in the range of $15 to $35 this next year, its recent $31.35 price might rise by $0.65 to reach $32.00 by February 10, 2022. That's the 40-year average price increase. Analysts predict a TRN price drop into 2022.

TRN Dividends

TRN Industries Inc's most recently declared quarterly dividend was $0.21 paid on January 29th. Dividends are estimated to total $0.84 per share annually and yield 2.68% at yesterday's $31.35 closing price.

TRN Gains?

Adding the $0.84 annual TRN anticipated dividend to my $0.65 most optimistic price upside shows a $1.49 potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little over $1,000.00 today in Trinity Industries Inc at $31.35 per share and we'd buy 32 shares of TRN stock.

A $10 broker fee (if charged) paid half at purchase and half at sale might cost us about $0.31 per share.

Subtract that maybe $0.32 brokerage cost from my estimated  $1.49 gross gain per share results in a net gain of $1.17 X 32 shares = $37.44 for a 3.74% net gain on a $1,003.20 investment.

Trinity Industries Inc shows a possible 3.74% net gain including a 2.68% dividend yield. It could be more, it could be less.    

All of the estimates above are speculation based on the past history of Trinity Industries Inc. Only time and money invested in this stock will determine its worth.