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TriMas CorporationTRS
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Overview >
Market Cap
846.57M
Revenue (ttm)
925.01M
Net Income (ttm)
24.25M
Shares Out
40.58M
EPS (ttm)
0.59
PE Ratio
35.22
Forward PE
11.72
Dividend
$0.16 (0.77%)
Ex-Dividend Date
Feb 28, 2025
Volume
51,959
Open
20.86
Previous Close
20.78
Day's Range
20.33 - 21.28
52-Week Range
19.33 - 28.51
Beta
0.55
Analysts
Strong Buy
Price Target
40.00 (+91.76%)
Earnings Date
Apr 29, 2025
Description >

TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide.

It operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment offers dispensing products, such as foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and nasal and trigger sprayers; polymeric and steel caps and closures comprising food lids, flip-top and beverage closures, child resistance caps, drum and pail closures, and flexible spouts; polymeric jar products; integrated dispensers; bag-in-box products; and consumable vascular delivery and diagnostic test components under the Rieke, Taplast, Affaba & Ferrari, Intertech, Omega, and Rapak brands.

The Aerospace segment provides fasteners, collars, blind bolts, rivets, ducting, and connectors for air management systems, and other highly-machined parts and components to original equipment manufacturers, supply chain distributors, and tier one suppliers, as well as maintenance, repair and overhaul (MRO)/aftermarket providers; and military and defense aerospace applications and platforms under the Monogram Aerospace Fasteners, Allfast Fastening Systems, Mac Fasteners, TFI Aerospace, RSA Engineered Products, and Martinic Engineering brands.

The Specialty Products segment offers steel cylinders for use in the transportation, storage, and dispensing of compressed gases under the Norris Cylinder brand; natural gas powered wellhead engines, compressors, and replacement parts for oil and natural gas production, and other industrial and commercial markets under the Arrow brand; and spare parts for various industrial engines.

The company sells its products through a direct sales force, third-party agents, and distributors. TriMas Corporation was incorporated in 1986 and is headquartered in Bloomfield Hills, Michigan.

Latest News >
Asian Equities Traded in the US as American Depositary Receipts Ease in Thursday Trading
Asian Equities Traded in the US as American Depositary Receipts Ease in Thursday Trading
May 16, 2024
10:31 AM EDT, 05/16/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts eased Thursday morning, declining 0.04% to 1,950.23 on the S&P Asia 50 ADR Index and paring earlier losses. From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and game live-streaming platform HUYA ( HUYA ) , which climbed 8.2%...
--Street Color: Fox Says Joint Venture With ESPN, Warner Bros. Discovery to Be Named Venu Sports
--Street Color: Fox Says Joint Venture With ESPN, Warner Bros. Discovery to Be Named Venu Sports
May 16, 2024
10:30 AM EDT, 05/16/2024 (MT Newswires) -- (Street Color news is derived from real time discussions with market professionals globally subscribed to the Street Color Premium Chat service on Bloomberg IB Chat and the ICE IM. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 30.31, Change: -0.30, Percent...
Update: Market Chatter: Goldman Sachs Hires Two Investment Bankers From Evercore, Lazard to Expand in Mid-Market Deals
Update: Market Chatter: Goldman Sachs Hires Two Investment Bankers From Evercore, Lazard to Expand in Mid-Market Deals
May 16, 2024
10:03 AM EDT, 05/16/2024 (MT Newswires) -- (Updates with Lazard's ( LAZ ) response in the fourth paragraph.) Goldman Sachs ( GS ) has hired two investment bankers, Kerry Burke and Eddie Rubin, as part of its plan to strengthen its advisory business that focuses on advising on deals of up to $2 billion, Reuters reported Wednesday, citing the company....
US Supreme Court backs consumer finance watchdog agency's funding mechanism
US Supreme Court backs consumer finance watchdog agency's funding mechanism
May 16, 2024
WASHINGTON, May 16 (Reuters) - The U.S. Supreme Court on Thursday upheld the Consumer Financial Protection Bureau's funding mechanism in a challenge brought by the payday loan industry, handing a victory to President Joe Biden's administration and a setback to the agency's conservative critics. The 7-2 decision reversed a lower court's ruling that the CFPB's funding design - drawing money...
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