Somewhat Positive News Coverage Somewhat Unlikely to Impact Triton International (TRTN) Stock Price

News headlines about Triton International (NYSE:TRTN) have been trending somewhat positive on Saturday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Triton International earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.2801953084492 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

A number of research analysts have weighed in on TRTN shares. BidaskClub raised shares of Triton International from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, November 7th. Wells Fargo & Co raised their target price on shares of Triton International from $39.00 to $42.00 and gave the stock an “outperform” rating in a research note on Friday, October 20th. Zacks Investment Research lowered shares of Triton International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 11th. ValuEngine downgraded shares of Triton International from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Finally, Cowen raised their price target on shares of Triton International from $46.00 to $50.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Triton International presently has a consensus rating of “Buy” and a consensus price target of $44.00.

Shares of Triton International (NYSE:TRTN) opened at $39.00 on Friday. The stock has a market cap of $3,130.00 and a P/E ratio of 82.98. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 3.34. Triton International has a 1-year low of $17.51 and a 1-year high of $43.85.

Triton International (NYSE:TRTN) last announced its quarterly earnings results on Wednesday, November 8th. The company reported $0.81 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.74 by $0.07. The business had revenue of $302.10 million during the quarter, compared to the consensus estimate of $301.71 million. Triton International had a net margin of 14.44% and a return on equity of 8.50%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. research analysts forecast that Triton International will post 2.75 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 22nd. Stockholders of record on Friday, December 1st were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, November 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.62%. Triton International’s dividend payout ratio is currently 382.98%.

In related news, Director Claude Germain sold 1,500 shares of Triton International stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $38.18, for a total value of $57,270.00. Following the completion of the sale, the director now owns 30,080 shares in the company, valued at approximately $1,148,454.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Michelle Gallagher sold 1,000 shares of Triton International stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $40.00, for a total transaction of $40,000.00. Following the completion of the sale, the vice president now owns 23,158 shares of the company’s stock, valued at approximately $926,320. The disclosure for this sale can be found here. Insiders have sold a total of 12,500 shares of company stock valued at $500,370 in the last 90 days. Insiders own 1.50% of the company’s stock.

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About Triton International

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various intermodal containers and chassis to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry freight containers, refrigerated containers, special containers, tank containers, and chassis, as well as manages containers owned by third parties.

Insider Buying and Selling by Quarter for Triton International (NYSE:TRTN)

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