<div id="readability-page-1"><p>TriMas (NASDAQ:TRS - Get Free Report) is scheduled to release its earnings data before the market opens  on Monday, November 4th. Analysts expect TriMas to post earnings of $0.57 per share for the quarter.  TriMas has set its FY24 guidance at $1.70-1.90 EPS and its FY 2024 guidance at 1.700-1.900 EPS.Persons interested in participating in the company's earnings conference call can do so using this link.</p><p>TriMas (NASDAQ:TRS - Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by ($0.10). TriMas had a net margin of 4.44% and a return on equity of 9.61%. The business had revenue of $240.50 million for the quarter, compared to the consensus estimate of $238.63 million. During the same period in the previous year, the company earned $0.50 earnings per share. The company's revenue for the quarter was up 3.1% compared to the same quarter last year.  On average, analysts expect TriMas to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year. </p><h2>TriMas Price Performance</h2><p>NASDAQ TRS opened at $27.23 on Monday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.48 and a current ratio of 2.82. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 28.07 and a beta of 0.67. The stock has a 50-day moving average of $25.53 and a 200 day moving average of $25.76. TriMas has a one year low of $22.45 and a one year high of $28.51. </p><h2>TriMas Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Tuesday, November 5th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Tuesday, November 5th. This represents a $0.16 annualized dividend and a dividend yield of 0.59%. TriMas's payout ratio is 16.49%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Separately, BWS Financial  reiterated a &#34;buy&#34; rating and set a $40.00 target price on shares of TriMas in a research note on Wednesday, October 9th.</p><p><b>Get Our Latest Stock Report on TriMas</b></p><h2>About TriMas</h2> (Get Free Report)<p>TriMas Corporation engages in the design, development, manufacture, and sale of products for consumer products, aerospace, and industrial markets worldwide. The company operates through Packaging, Aerospace, and Specialty Products segments. 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 &amp; Ferrari, Intertech, Omega, and Rapak brands.</p><h2>See Also</h2><ul><li>Five stocks we like better than TriMas</li><li>What is the S&amp;P 500 and How It is Distinct from Other Indexes</li><li>Real Estate Sector Outperforms: 3 Stocks to Gain Exposure</li><li>Why is the Ex-Dividend Date Significant to Investors?</li><li>Lam Research Proves Analysts Wrong with a Strong Earnings Report</li><li>Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?</li><li>PureCycle: Up 250% in 2024 - Is This Materials Stock Still a Buy?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFJT?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFJT"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Musk’s new company could top a trillion? <span><span>(From Paradigm Press)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NzA0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NzA0"/></p><h2>Should you invest $1,000 in TriMas right now?</h2><p>Before you consider TriMas, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TriMas wasn't on the list.</p><p>While TriMas currently has a &#34;Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>TriMas (NASDAQ:TRS) is set to release its earnings on November 4, with analysts expecting earnings of $0.57 per share. The company has provided FY24 guidance of $0.70-$1.90 EPS. TriMas recently reported a net margin of 4.44% and a revenue of $50 million for the last quarter. Additionally, a quarterly dividend of $0.04 per share will be paid on November 12. BWS Financial has reiterated a "buy" rating with a target price of $20.00 for TriMas shares.</p>

TriMas (TRS) to Release Earnings on Monday