News articles about Triton International Limited (NASDAQ:TRTN) have trended somewhat positive on Sunday, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Triton International Limited earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.1674723610852 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Triton International Limited (TRTN) Announces 5.35M Share Offering at $32.75/Sh (streetinsider.com)
- Triton International Ltd. breached its 50 day moving average in a Bearish Manner : TRTN-US : September 8, 2017 (finance.yahoo.com)
- Triton International Limited Announces Pricing of Public Offering of Common Shares (finance.yahoo.com)
- Triton International Limited (TRTN) Announces Public Offering of $200M Common Shares by Company and Selling Shareholders (streetinsider.com)
Triton International Limited (NASDAQ:TRTN) opened at 31.87 on Friday. The stock has a market capitalization of $2.38 billion and a price-to-earnings ratio of 44.95. The company has a 50-day moving average of $35.67 and a 200-day moving average of $30.39. Triton International Limited has a 1-year low of $11.50 and a 1-year high of $38.19.
Triton International Limited (NASDAQ:TRTN) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.04. The firm had revenue of $281.90 million during the quarter, compared to analysts’ expectations of $281.09 million. The business’s revenue for the quarter was up 78.1% on a year-over-year basis. During the same period last year, the company earned $0.88 earnings per share. Analysts anticipate that Triton International Limited will post $2.63 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 1st will be paid a $0.45 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.65%.
A number of research analysts recently weighed in on TRTN shares. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $40.00 price objective (up from $35.00) on shares of Triton International Limited in a research note on Thursday, August 10th. Cowen and Company reiterated a “buy” rating and issued a $44.00 price objective (up from $40.00) on shares of Triton International Limited in a research note on Thursday, August 10th. Zacks Investment Research upgraded shares of Triton International Limited from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Thursday, July 27th. Bank of America Corporation reiterated a “buy” rating and issued a $36.00 price objective (up from $32.00) on shares of Triton International Limited in a research note on Monday, May 15th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $35.00 price objective on shares of Triton International Limited in a research note on Thursday, August 10th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $37.50.
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In other news, insider Kevin Valentine sold 2,000 shares of the stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $35.00, for a total value of $70,000.00. Following the completion of the sale, the insider now directly owns 61,705 shares of the company’s stock, valued at $2,159,675. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last three months, insiders sold 6,000 shares of company stock valued at $204,360.
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