Brokers Set Expectations for TriMas FY2028 Earnings

TriMas Corporation (NASDAQ:TRS) – Research analysts at Zacks Research issued their FY2028 earnings per share estimates for TriMas in a note issued to investors on Thursday, March 12th. Zacks Research analyst Team forecasts that the industrial products company will post earnings per share of $2.14 for the year. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for TriMas’ current full-year earnings is $1.69 per share.

TriMas (NASDAQ:TRS) last released its quarterly earnings results on Thursday, February 26th. The industrial products company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). TriMas had a return on equity of 12.04% and a net margin of 11.53%.The firm had revenue of ($139.97) million for the quarter, compared to analyst estimates of $192.96 million. During the same period last year, the company earned $0.43 EPS. The company’s revenue was up 12.4% compared to the same quarter last year.

Other equities research analysts have also issued reports about the stock. KeyCorp reiterated an “overweight” rating and issued a $38.00 price target on shares of TriMas in a research note on Thursday, February 26th. BWS Financial restated a “buy” rating and set a $45.00 price objective on shares of TriMas in a research note on Monday, March 2nd. Wall Street Zen downgraded TriMas from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of TriMas in a research note on Monday, December 29th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, TriMas has a consensus rating of “Hold” and a consensus price target of $41.50.

TriMas Stock Up 0.1%

Shares of TRS stock traded up $0.03 during trading on Friday, reaching $35.32. The company’s stock had a trading volume of 14,900 shares, compared to its average volume of 457,138. TriMas has a one year low of $19.45 and a one year high of $42.00. The business has a fifty day moving average price of $35.97 and a 200-day moving average price of $36.03. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 11.98 and a beta of 0.55. The company has a quick ratio of 1.93, a current ratio of 2.52 and a debt-to-equity ratio of 0.66.

Hedge Funds Weigh In On TriMas

A number of institutional investors have recently bought and sold shares of TRS. Capital International Investors bought a new stake in TriMas in the third quarter valued at approximately $111,673,000. Jefferies Financial Group Inc. acquired a new stake in TriMas during the 4th quarter valued at $55,036,000. Permian Investment Partners LP acquired a new stake in TriMas during the 4th quarter valued at $29,192,000. Alberta Investment Management Corp acquired a new position in shares of TriMas in the fourth quarter valued at $16,605,000. Finally, Advisory Research Inc. increased its holdings in shares of TriMas by 46.0% in the fourth quarter. Advisory Research Inc. now owns 1,096,013 shares of the industrial products company’s stock valued at $38,854,000 after purchasing an additional 345,425 shares during the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

TriMas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Friday, February 27th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.5%. The ex-dividend date was Friday, February 27th. TriMas’s dividend payout ratio (DPR) is 5.39%.

About TriMas

TriMas Corporation is a diversified industrial company headquartered in Bloomfield Hills, Michigan. Established in 1980, TriMas has built a global reputation for designing and manufacturing specialized products that serve a wide array of end markets. The company operates through multiple segments, each focused on high-demand niches where engineered solutions and rigorous quality standards are essential.

The Packaging segment supplies closures, dispensing systems and related components for the personal care, household chemicals, food and beverage, and pharmaceutical markets.