Trex (TREX) topped earnings views and gave strong guidance, while the stock will also be split. Skip to content. If stock splits are making a comeback, it is worth looking at how stocks … Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Trex Stock Fell Today @themotleyfool #stocks $TREX, 3 Surprising Stocks We Love For the Housing Boom, 3 Surefire Stocks on My Christmas Wish List, This Home Improvement Stock Is Up 70% This Year, but One Expert Says It's Worth Buying Now, 3 Hot Stocks Cashing in on the Great Outdoors, Copyright, Trademark and Patent Information. The 2-1 split was announced on Monday, August 3rd. Stock splits are used by Trex Co., Inc. to keep share prices within reasonable numbers to encourage investment. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor Trex Company’s 2-For-1 Stock Split … A shareholder who owned one share prior to the split will own five shares after the split -- but 500 divided by 5 still equals just 1%. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Earnings. Data is currently not available. Shares of Trex split on the morning of Monday, September 14th 2020. DEFINE YOUR LOOK. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. Made from high-performance composite. That translated into net income of $47 million, or $0.81 per share, also topping the consensus estimate of $0.65 per share in profit. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national Learn more. If the share price gets too low, companies can do reverse splits. Trex Company, Inc. is a manufacturer of wood-alternative decking and railing. The latest closing stock price for Trex as of January 07, 2021 is 90.60.. Data is currently not available. Trex's planned stock split -- 2-for-1, taking effect on Sep. 15 -- is therefore an example of the kind of stock split that should be good for investors. Trex is United States Stock traded on New York Stock Exchange Now, if X decides to split its stock 5-for-1, as Tesla did last month, the number of shares outstanding will quintuple to 500 -- but here's the crucial fact to remember: These shares still represent the same company they did before the split. 1 0. The 2-for-1 stock split will take effect on Sept. 14. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, ... the Company announced Board approval for a 2-for-1 stock split. BECOME FOOD FOR TERMITES. The stock split will be in the form of a stock … Stock split history for Trex since 1999. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Dec 7, 2018 09:04 AM Trex Dream Deck for 2019 HGTV Dream Home Nov 13, 2018 09:01 AM Form SC 13G/A TREX CO INC Filed by: VANGUARD GROUP INC Prices shown are actual historical values and are not adjusted for either splits or dividends. "Additionally, market leadership, brand recognition and strong channel partnerships have enabled Trex to gain share from the large wood market as consumers increasingly recognize the benefits of Trex composite products.". Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. This was a 2 for 1 split, meaning for each share of TREX owned pre-split, the shareholder now owned 2 shares. Frequently Asked Questions. Trex had no outstanding borrowings from the credit facility at the end of the quarter. The 2-1 split was announced on Monday, August 3rd 2020. The newly minted shares will be issued to shareholders after the closing bell on Friday, September 11th. All Instrument Types. Other Calendars Dividends. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. ET A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Find dividend paying stocks and pay dates. Trex (TREX) has 3 splits in our TREX split history database. Trex (TREX) has 3 splits in our TREX split history database. NEED SEASONAL PAINTING, SEALING OR STAINING. In general, stock splits don't seem to mean a whole lot for their performance going forward. Please see the "Historical Prices" tab for adjusted price values. Please check your download folder. Quotes. PRESS RELEASE Businesswire . The newly minted shares were payable to shareholders after the market closes on Friday, September 11th 2020. Trex's stock split before market open on Monday, September 14th 2020. Data is currently not available. If the share price of a security gets too high, a company can perform a stock split by issuing all shareholders an extra share, thereby halving the price of an individual share. The first split for TREX took place on May 08, 2014. Reply. "First half results give us confidence that 2020 will be another year of strong growth for Trex," CEO Bryan Fairbanks said. PRESS RELEASE Businesswire . The stock split will be in the form of a stock dividend to be distributed on June 18, 2018 to shareholders of record on May 23, 2018. Market data powered by FactSet and Web Financial Group. Today, the 15/09/2020, Trex Company, Inc. (TREX) underwent a stock split with a ratio of 1:2. "Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. From a Small Staging Company to the “Big Stage” Trex Commercial Products Celebrates 30 Years of Engineering Innovation. Made from high-performance composite. View real-time stock prices and stock quotes for a full financial overview. Compare. The Ex-distribution Date is September 15, 2020. Decking & Railing Duos: A shortcut to style. Trex had previously withdrawn its full-year guidance due to uncertainty related to the pandemic but is now comfortable issuing a new outlook for 2020. The all-time high Trex stock closing price was 83.88 on December 18, 2020. Saturday, August 29, 2020 | MarketBeat Trex Company Inc (NYSE:TREX)'s stock is going to split on Monday, September 14th. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. From a Small Staging Company to the “Big Stage” Trex Commercial Products Celebrates 30 Years of Engineering Innovation. Access our live streaming chart for the Trex Company Inc stock, free of charge. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Capital spending for 2020 should be $150 million to $170 million. Stock Splits; Latest News. 19, 2018, 08:00 AM . "First half results give us confidence that 2020 will be another year of strong growth for Trex," CEO Bryan Fairbanks said. MINNEAPOLIS, Sept. 14, 2020 (GLOBE NEWSWIRE) -- It’s been three decades since the company that started as Staging … The Ex-distribution Date is September 15, 2020. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor Trex Company’s 2-For-1 Stock Split … Historical daily share price chart and data for Trex since 1999 adjusted for splits. In April 2020, it had a reverse stock split of 1-for-8. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split. Trex Co Inc (NYSE:TREX) traded in a range yesterday that spanned from a low of $72.69 to a high of $74.52. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split. A few days later and with a lot less fanfare, Trex Company Inc (NYSE:TREX) also announced an upcoming stock split. Trex - 22 Year Stock Split History | TREX. The newly minted shares were issued to shareholders after the closing bell on Friday, September 11th 2020. Find the latest dividend history for Trex Company, Inc. Common Stock (TREX) at Nasdaq.com. Find the latest Trex Company, Inc. (TREX) stock discussion in Yahoo Finance's forum. Breaking News . Evan is a senior technology specialist at The Motley Fool. The first split for TREX took place on May 08, 2014. Trex Company, Inc. is based in Winchester, United States. Press Release Trex Company’s 2-For-1 Stock Split Becomes Effective Today Published: Sept. 15, 2020 at 8:00 a.m. The latest closing stock price for Trex as of December 18, 2020 is 83.88. Stock split history for Trex since 1999. Trex shares are trading higher after UBS initiated coverage on the stock with a Buy rating and announced a price target of $94 per share. Unlike wood, Trex composite decking won't: ROT, WARP OR SPLINTER. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. Compare TREX With Other Stocks TREX | Complete Trex Co. Inc. stock news by MarketWatch. The all-time high Trex stock closing price was 90.60 on January 07, 2021.; The Trex 52-week high stock price is 90.74, which is 0.2% above the current share price. Revenue in the second quarter was $221 million, ahead of the $201 million in sales that analysts were expecting. For example, a 1000 share position pre-split, became a 2000 share position following the split. Stock Advisor launched in February of 2002. Data is currently not available. Deck Tours Tour Trex At HGTV® Dream Home Through The Years. Trex Company, Inc. (NYSE: TREX), the world’s number-one brand of decking and railing and leader in high-performance, ... 2018, the Company announced Board approval for a 2-for-1 stock split. On August 3, 2020, the Company announced Board … Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. ET All positions were amended as per normal when a stock split is present. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. The 2-for-1 stock split will take effect on Sept. 14. Split History. After the Tesla Stock Split: 2 "Splits" to Avoid, and 1 to Watch Rich Smith | Sep 14, 2020 Stocks split because their businesses are booming -- not the other way around. The big news in the world of splits was, of course, the recent declaration by Apple of a 4 for 1 split, effective 8/31, notes split expert Neil Macneale, editor of 2 for 1.. And, on 8/3, Trex Inc. announced a 2 for 1 split effective 9/14.Then, Tesla Inc. piled on and announced a 5 for 1 split, effective 8/28.Let’s hope this is a signal the drought in stock splits is coming to an end. If the share price of a security gets too high, a company can perform a stock split by issuing all shareholders an extra share, thereby halving the price of an individual share. Compare. For example, a 1000 share position pre-split, became a 2000 share position following the split. The big news in the world of splits was, of course, the recent declaration by Apple (AAPL) of a 4 for 1 split, effective 8/31, notes split expert Neil Macneale, editor of 2 for 1. GOOD The simple choice for your backyard. This video file cannot be played. WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. GlobeNewsWire - 3 months ago. Find dividend paying stocks and pay dates. The 2-1 split was announced on Monday, August 3rd 2020. All positions were amended as per normal when a stock split is present. Shares of Trex (NYSE:TREX) have fallen today, down by 6% as of 12:35 p.m. EDT, after the company reported second-quarter earnings. Trex's (NYSE: TREX) common stock will begin trading today on a 2-for-1 split-adjusted basis. WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (TREX) , the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. FADE OR STAIN. Trex Company’s 2-For-1 Stock Split Becomes Effective Today Business Wire WINCHESTER, Va. -- September 15, 2020 Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of … Ideas. The Payable Date is September 14, 2020. Aluminum Gates. Stock Splits; Latest News. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. SEE THE ADVANTAGES. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, ... the Company announced Board approval for a 2-for-1 stock split. ... 2 for 1 stock split. ADD ACCESSIBILITY . Then, Tesla Inc. (TSLA) piled on and announced a … And, on 8/3, Trex Inc. (TREX) announced a 2 for 1 split effective 9/14. Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Historical daily share price chart and data for Trex since 1999 adjusted for splits. Earnings. Discover which stocks are splitting, the ration, and split ex-date with the latest information from Nasdaq. How-To Americana Deck Ideas Inspired by the … Today, the 15/09/2020, Trex Company, Inc. (TREX) underwent a stock split with a ratio of 1:2. Please see the "Historical Prices" tab for adjusted price values. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. For the third quarter, revenue is forecast to be $215 million to $225 million, ahead of the $195.2 million in sales that analysts are expecting. On August 3, 2020, the Company announced Board approval for a 2-for-1 stock split. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. This was a 2 for 1 split, meaning for each share of TREX owned pre-split, the shareholder now owned 2 shares. The Record Date is August 19, 2020. Share your opinion and gain insight from other stock traders and investors. Report. The additional shares were distributed yesterday in the form of a 100% stock … Please check your download folder. The Payable Date is September 14, 2020. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. The Trex 52-week high stock price is 84.50, which is … Returns as of 01/11/2021. Other Calendars Dividends. It also announced a 2-for-1 stock split. Find a Pre-Designed Look. The company expects 2020 gross margin to be 45% to 50%, including expenses related to COVID-19, and full-year selling, general, and administrative (SG&A) expenses are expected to improve by 80 to 100 basis points. Jun. Prices shown are actual historical values and are not adjusted for either splits or dividends. Split History. Press Release Trex Company’s 2-For-1 Stock Split Becomes Effective Today Published: Sept. 15, 2020 at 8:00 a.m. Benzinga Newsdesk Wed, 09 Dec 2020 09:58:12 -0500 WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. GlobeNewsWire - 3 months ago. Sep. 15, 2020, 08:00 AM . Find the latest dividend history for Trex Company, Inc. Common Stock (TREX) at Nasdaq.com. ADA Handrail. Stock splits are used by Trex Co., Inc. to keep share prices within reasonable numbers to encourage investment. Pursuant to Article XII, Section 3, of OCC's By-Laws, all Trex Company, Inc. … Trex Post Components. Expert Advice, Influencer Q&A with Tastemaker Evette Rios. CREATE AN … The company, which makes industrial decking products, added $100 million in borrowing capacity to its revolver in May to reduce risk around COVID-19 and increase financial flexibility. Learn More.
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