Triton International (NASDAQ:TRTN) Given Consensus Rating of “Hold” by Brokerages
Triton International (NASDAQ:TRTN) has received an average broker rating score of 2.75 (Hold) from the four brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and one has issued a strong buy recommendation on the company. Triton International’s rating score has improved by 8.3% in the last 90 days as a result of various analysts’ ratings changes.
Brokers have set a twelve-month consensus target price of $16.67 for the company and are predicting that the company will post $0.22 earnings per share for the current quarter, according to Zacks. Zacks has also given Triton International an industry rank of 246 out of 265 based on the ratings given to its competitors.
TRTN has been the topic of a number of analyst reports. Cowen and Company initiated coverage on shares of Triton International in a report on Wednesday, July 13th. They set a “market perform” rating and a $17.00 price objective on the stock. Bank of America Corp. downgraded shares of Triton International from a “neutral” rating to an “underperform” rating and set a $12.00 price objective on the stock. in a report on Tuesday, August 9th. Finally, Zacks Investment Research downgraded shares of Triton International from a “hold” rating to a “strong sell” rating in a report on Thursday, August 11th.
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Triton International (NASDAQ:TRTN) traded up 1.717% during trading on Monday, hitting $13.925. 62,194 shares of the company traded hands. Triton International has a 12-month low of $8.15 and a 12-month high of $20.90. The stock has a 50 day moving average price of $14.05 and a 200 day moving average price of $14.78.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 22nd. Stockholders of record on Thursday, September 8th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 12.93%. The ex-dividend date of this dividend was Tuesday, September 6th.
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