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TriMas (TRS) Company Overview

Profile

Full Name:

TriMas Corporation

Country:

United States

IPO:

May 18, 2007

Indexes:

Not included

Description:

TriMas Corporation is a company engaged in the development and application of products. It designs, manufactures, closes, and distributes systems, blind bolts, fasteners, rivets, gaskets, cylinders, engines, and natural gas components, as well as gas supplied to various industries. TriMas Corporation was registered in 1986 and is based in Bloomfield Hills, Michigan.

Key Details

Price

$23.82

Annual Revenue

$893.55 M(+1.10% YoY)

Annual EPS

$0.97(-37.82% YoY)

Beta

0.67

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Nov 4, 2024

Recent annual earnings:

Feb 29, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 5, 2024
Splits

Next split:

N/A

Recent split:

Jul 1, 2015

Analyst ratings

Recent major analysts updates

Jan 23, 25 BWS Financial
Buy
Nov 5, 24 BWS Financial
Buy
Oct 9, 24 BWS Financial
Buy
Jul 31, 24 BWS Financial
Buy
May 1, 24 BWS Financial
Buy
May 22, 23 BWS Financial
Buy
Oct 28, 22 William Blair
Market Perform
Mar 1, 19 Wells Fargo
Market Perform
Aug 8, 18 BMO Capital
Outperform
Apr 3, 18 BMO Capital
Outperform

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TriMas Corporation: This Play Could Have A Strong Catalyst For Upside
TriMas Corporation: This Play Could Have A Strong Catalyst For Upside
TriMas Corporation: This Play Could Have A Strong Catalyst For Upside
TRS
seekingalpha.comJanuary 30, 2025

TriMas Corporation is a potential special situation investment due to its diverse operations and recent financial underperformance, making it a candidate for significant change. Activist investor Barington Capital Group is pushing for a strategic review, including a potential sale, which could unlock shareholder value. Despite mixed financial results, the company's valuation suggests limited downside and significant upside, especially if management decides to restructure or sell parts of the business.

TriMas Packaging Group to Exhibit at Paris Packaging Week and LUXE PACK Los Angeles 2025
TriMas Packaging Group to Exhibit at Paris Packaging Week and LUXE PACK Los Angeles 2025
TriMas Packaging Group to Exhibit at Paris Packaging Week and LUXE PACK Los Angeles 2025
TRS
businesswire.comJanuary 21, 2025

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Packaging, the largest operating group of TriMas (NASDAQ: TRS), is excited to announce its participation in two upcoming trade shows, where the Company will showcase its diverse portfolio of innovative and sustainable dispensing and closure product solutions. TriMas Packaging will be attending the following trade shows: Paris Packaging Week Date: January 28-29th, 2025 Location: Paris Porte de Versailles, Paris, France Booth: #Q62 in the PCD showc.

Activist Barington urges manufacturer TriMas to consider sale of company
Activist Barington urges manufacturer TriMas to consider sale of company
Activist Barington urges manufacturer TriMas to consider sale of company
TRS
reuters.comJanuary 10, 2025

Activist investor Barington Capital Group wants TriMas to launch a strategic review of options, including the possible sale of the entire company, arguing in a letter that hiring a financial adviser is a higher priority than finding a new CEO.

BARINGTON CAPITAL GROUP CALLS ON THE BOARD OF DIRECTORS OF TRIMAS CORPORATION TO RETAIN A FINANCIAL ADVISOR TO PURSUE STRATEGIC ALTERNATIVES FOR THE COMPANY
BARINGTON CAPITAL GROUP CALLS ON THE BOARD OF DIRECTORS OF TRIMAS CORPORATION TO RETAIN A FINANCIAL ADVISOR TO PURSUE STRATEGIC ALTERNATIVES FOR THE COMPANY
BARINGTON CAPITAL GROUP CALLS ON THE BOARD OF DIRECTORS OF TRIMAS CORPORATION TO RETAIN A FINANCIAL ADVISOR TO PURSUE STRATEGIC ALTERNATIVES FOR THE COMPANY
TRS
prnewswire.comJanuary 10, 2025

Believes Now is the Optimal Time Given the Contemplated CEO Transition NEW YORK , Jan. 10, 2025 /PRNewswire/ -- Barington Capital Group, L.P., which together with its affiliates collectively owns approximately 1.5% of TriMas Corporation (NasdaqGS: TRS), announced today that it has sent a letter to Herbert K.

TriMas Enhances Operational Efficiency With Facility Launch in China
TriMas Enhances Operational Efficiency With Facility Launch in China
TriMas Enhances Operational Efficiency With Facility Launch in China
TRS
zacks.comNovember 26, 2024

TRS inaugurates a 225,000-square-foot facility in Haining for TriMas Packaging to offer customers high-quality packaging solutions.

TriMas Shares Rise 10% Despite Q3 Earnings Missing Estimates
TriMas Shares Rise 10% Despite Q3 Earnings Missing Estimates
TriMas Shares Rise 10% Despite Q3 Earnings Missing Estimates
TRS
zacks.comNovember 11, 2024

TRS' Q3 top line reflects growth in packaging and aerospace product lines, offset by lower market demand in the Specialty Products segment.

Tres-Or Appoints Martin Doyle to the Board of Directors
Tres-Or Appoints Martin Doyle to the Board of Directors
Tres-Or Appoints Martin Doyle to the Board of Directors
TRS
newsfilecorp.comOctober 10, 2024

Vancouver, British Columbia--(Newsfile Corp. - October 10, 2024) - Tres-Or Resources Ltd. (TSXV: TRS) (OTC Pink: TRSFF) is pleased to announce the appointment of Mr.

TriMas Announces Third Quarter 2024 Earnings Conference Call Date
TriMas Announces Third Quarter 2024 Earnings Conference Call Date
TriMas Announces Third Quarter 2024 Earnings Conference Call Date
TRS
businesswire.comOctober 8, 2024

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its third quarter 2024 earnings conference call on Monday, November 4, 2024. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of third quarter 2024 earnings results at 8 a.m. that day. To participate on the earnings conference call, please dial: (877) 407-0890 (U.S. and Canada) or +1 (201) 389-0918 (outside the U.S. and Canada) and ask to be connected to t.

TriMas (TRS) Up 1.6% Since Last Earnings Report: Can It Continue?
TriMas (TRS) Up 1.6% Since Last Earnings Report: Can It Continue?
TriMas (TRS) Up 1.6% Since Last Earnings Report: Can It Continue?
TRS
zacks.comAugust 29, 2024

TriMas (TRS) reported earnings 30 days ago. What's next for the stock?

TriMas (TRS) Q2 Earnings Miss Estimates, Revenues Rise Y/Y
TriMas (TRS) Q2 Earnings Miss Estimates, Revenues Rise Y/Y
TriMas (TRS) Q2 Earnings Miss Estimates, Revenues Rise Y/Y
TRS
zacks.comAugust 2, 2024

TriMas' (TRS) Q2 top line reflects growth in the packaging and aerospace segments, offset by a decline in the Specialty Products segment.

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FAQ

  • What is the ticker symbol for TriMas?
  • Does TriMas pay dividends?
  • What sector is TriMas in?
  • What industry is TriMas in?
  • What country is TriMas based in?
  • When did TriMas go public?
  • Is TriMas in the S&P 500?
  • Is TriMas in the NASDAQ 100?
  • Is TriMas in the Dow Jones?
  • When was TriMas's last earnings report?
  • When does TriMas report earnings?
  • Should I buy TriMas stock now?

What is the ticker symbol for TriMas?

The ticker symbol for TriMas is NASDAQ:TRS

Does TriMas pay dividends?

Yes, TriMas pays dividends. The last payment was $0.04, with an ex-dividend date on November 5, 2024

What sector is TriMas in?

TriMas is in the Consumer Cyclical sector

What industry is TriMas in?

TriMas is in the Packaging & Containers industry

What country is TriMas based in?

TriMas is headquartered in United States

When did TriMas go public?

TriMas's initial public offering (IPO) was on May 18, 2007

Is TriMas in the S&P 500?

No, TriMas is not included in the S&P 500 index

Is TriMas in the NASDAQ 100?

No, TriMas is not included in the NASDAQ 100 index

Is TriMas in the Dow Jones?

No, TriMas is not included in the Dow Jones index

When was TriMas's last earnings report?

TriMas's most recent earnings report was on Nov 4, 2024

When does TriMas report earnings?

The next expected earnings date for TriMas is Feb 28, 2025

Should I buy TriMas stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions