Triton International (NASDAQ:TRTN) Given Average Recommendation of “Hold” by Analysts
Triton International (NASDAQ:TRTN) has received a consensus broker rating score of 2.75 (Hold) from the four brokers that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the company. Triton International’s rating score has improved by 8.3% from three months ago as a result of various analysts’ upgrades and downgrades.
Brokerages have set a one year consensus price target of $16.67 for the company and are expecting that the company will post $0.22 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Triton International an industry rank of 242 out of 265 based on the ratings given to related companies.
Several brokerages recently weighed in on TRTN. Cowen and Company began coverage on shares of Triton International in a research note on Wednesday, July 13th. They issued a “market perform” rating and a $17.00 price objective on the stock. Zacks Investment Research raised shares of Triton International from a “sell” rating to a “hold” rating in a research note on Thursday, August 25th. Finally, Bank of America Corp. cut shares of Triton International from a “neutral” rating to an “underperform” rating and set a $12.00 price objective on the stock. in a research note on Tuesday, August 9th.
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Triton International (NASDAQ:TRTN) traded down 2.89% during mid-day trading on Tuesday, hitting $12.75. The company had a trading volume of 91,401 shares. Triton International has a 12-month low of $8.15 and a 12-month high of $20.90. The company’s 50 day moving average price is $15.03 and its 200-day moving average price is $14.78.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 22nd. Shareholders of record on Thursday, September 8th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, September 6th. This represents a $1.80 dividend on an annualized basis and a yield of 13.71%.
Triton International Company Profile
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