Profile
Sector:
IndustrialsIndustry:
Building Products & EquipmentCountry:
United StatesIPO:
08 April 1999Website:
http://www.trex.comNext earnings report:
26 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 19 Nov 2024 23:27:47 GMTDividend
Analysts recommendations
Institutional Ownership
TREX Latest News
Trex expands its distribution network with Boise Cascade partnership.
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing and a leader in high-performance, low-maintenance outdoor living products, is providing an update on its program to expand exclusivity with its existing partners to include its railing products. Since the end of the third quarter of 2024, two of Trex's exclusive decking distributors have become exclusive distributors for the Company's newly expanded railing.
Housing costs are a key issue for many, with recent data from the National Association of Realtors (NAR) data showing that the market share of first-time homebuyers reached a historic low while the age and income of those who are buying homes rose. Trex (TREX) CEO Bryan Fairbanks sits down with Market Domination Overtime Hosts Julie Hyman and Josh Lipton to check in on how the housing market dynamics affect the renovation space and companies like the composite materials manufacturer.
Bryan Fairbanks, Trex CEO, joins CNBC's 'The Exchange' to discuss Trex's third-quarter earnings beat, growth plans, and more.
With numerous headwinds in the rearview, market sentiment is improving for Trex Company. Trex has 3 tailwinds: growth in Restore & Remodel, a new opportunity in railing, and growth in FCF. At $70, Trex stock is undervalued by >15% compared to historical valuation metrics.
Trex, Louisiana-Pacific and JELD-WEN have been highlighted in this Industry Outlook article.
Trex (TREX) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.57 per share a year ago.
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial results for the third quarter of 2024. Third Quarter Financial 2024 Highlights Net sales of $234 million Gross margin of 39.9% Net income of $41 million and diluted earnings per share of $0.37 EBITDA of $68 million and EBITDA margin of 29.1% Trex repurchased.
Trex (TREX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WINCHESTER, Va.--(BUSINESS WIRE)--Leading building products distributor Snavely Forest Products is going all-in with Trex. The longtime Trex®-exclusive decking distributor will now sell Trex® railing exclusively through its nationwide distribution network, including expanded reach with Trex in the Colorado market. “It is a very exciting time to be affiliated with Trex,” said Clark Spitzer, president of Snavely Forest Products. “Not only do they engineer the industry's top-selling composite deck.
What type of business is Trex?
Trex Company, Inc. is one of the largest decking manufacturers in the USA. It specializes in the development and production of composite decking, which is sold under the Trex brand. In addition, the company is a leading national supplier of railings and podiums, custom-made for various clients, including sports stadiums and performing arts venues. It was founded in 1996, with its headquarters located in Winchester, Virginia. Currently, Trex Company operates in two operational segments: Trex Residential Products and Trex Commercial Products.
What sector is Trex in?
Trex is in the Industrials sector
What industry is Trex in?
Trex is in the Building Products & Equipment industry
What country is Trex from?
Trex is headquartered in United States
When did Trex go public?
Trex initial public offering (IPO) was on 08 April 1999
What is Trex website?
https://www.trex.com
Is Trex in the S&P 500?
No, Trex is not included in the S&P 500 index
Is Trex in the NASDAQ 100?
No, Trex is not included in the NASDAQ 100 index
Is Trex in the Dow Jones?
No, Trex is not included in the Dow Jones index
When was Trex the previous earnings report?
No data
When does Trex earnings report?
The next expected earnings date for Trex is 26 February 2025