The 2-1 split was announced on Monday, August 3rd 2020. Click inside the form field or on the icon to display the calendar. AZEK stock is in buy range from a 33.85 buy point. After such astounding performance, it's hard to imagine what it might take to make the stock more popular than it was already -- but Tesla eventually found a way to boost its popularity even more: Tesla actually announced its stock split on Aug. 11, promising to give owners of Tesla stock five new shares for each share of the company they already owned. Top Searches Holiday Gifts. Alphabet Google’s GOOGL parent company carried out its first and only stock split in 2014 and the stock trades at over $1,500 presently. Logically, it's because companies most often split their stock after the price has grown very high, and they want to make it look cheaper, and thus more accessible to investors. This brings us to our two splits to avoid, and one to watch. TREX Stock Price Forecast, TREX stock price prediction. “Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. --no-hashrate-report Disable hashrate report to pool. If, for example, Northern Oil & Gas shares trade for $0.56 each today, then after a "1-for-10" split, new shares of NOG will sell for $5.60 each. 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. Fractional shares were paid in cash based on the closing price of the Class A Shares on the Toronto Stock Exchange on the record date of February 28, 2020. Finally, let's now consider the opposite case -- a stock performing a bit less like Whiting and Northern Oil, and a bit more like Tesla. Over the last 12 months, Tesla earned $368 million). Tesla shares are much, much cheaper Monday after the stock's 5-1 split. EBITDA was up 23% to $188 million, while EBITDA margin expanded 260 basis points to 28.8%. From the day the stock split was announced, to the day it actually happened, Tesla shares gained $223 in price -- an 81% return in 20 days! (© Dave Cutler). 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. The stock meets CAN SLIM requirements in both metrics. Hedge Funds. The Stock Checkup Tool shows Trex earnings per share has grown by an average of 34% over the last three quarters. Next 58 results. ET by Tomi Kilgore Here’s an overlooked way to play the ‘stuck-at-home’ trend in the stock market It really shouldn’t have been though. Previous Month; November 2020. Companies split their stocks for a variety of reasons and in a variety of ways. Trex stock hit a record high and is now modestly above its buy zone after breaking out of a six-week consolidation pattern. The 2-1 split was announced on Monday, August 3rd. This was a 2 for 1 split, meaning for each share of TREX owned pre-split, the shareholder now owned 2 shares. Please see the "Historical Prices" tab for adjusted price values. For example, a 4000 share position pre-split, became a 8000 share position following the split. With Amazon's share price above $3,000, it looks like the ripest candidate for a split in 2020. View daily, weekly or monthly format back to when Trex Company, Inc. stock was issued. --no-watchdog Disable built-in watchdog. IBD Live: A New Tool For Daily Stock Market Analysis. The stock is up by about 51% year-to-date. --no-color Disable color output for console. SUBJECT: TREX COMPANY, INC. – 2 FOR 1 STOCK SPLIT OPTION SYMBOL: TREX EX-DATE: 9/15/20 Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. Track the best homebuilder stocks to watch, housing market news and real estate industry trends. View Splits for the year : 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 … Trex stock price target cut to $72 from $143 at Deutsche Bank Sep. 22, 2020 at 6:35 a.m. --no-nvml Disable NVML GPU stats. You’ll learn about options, charts and more. Trex (NYSE:TREX), the maker of "fake wood" products that have become so popular among folks quarantined at home and with lots of time on their hands for home improvements, has gone on a tear this year. Trex Companys 2-For-1 Stock Split Becomes Effective Today. Trex (TREX) has the following price history information. © 2000-2021 Investor's Business Daily, Inc. All rights reserved. It's just that ownership of the company has been split into 500 pieces instead of 100 pieces. Last quarter alone, sales at Trex grew 7% and profits grew 32% in the middle of the pandemic. If you sell shares on or after the Record Date (August 24, 2020) but before the Ex Date (August 31, 2020) you will be selling them at the pre-split price.At the time of the sale, you will surrender your pre-split shares and will no longer be entitled to the split shares. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split. This should benefit Trex. Get market updates, educational videos, webinars, and stock analysis. Year-to-date net income was $132 million or $1.14 per diluted share, up 21% and 23% respectively from $109 million or $0.93 per diluted share, when adjusted for the stock split. The all-time high Trex stock closing price was 83.88 on December 18, 2020. approximately ten minutes before the call and tell the operator you wish to join the Trex Company Conference Call. Trading volume was a total of 566.80K shares. Looking back at TREX historical stock prices for the last five trading days, on September 08, 2020, TREX opened at $134.50, traded as high as $142.19 and as low as $131.20, and closed at $138.32. The Ex-distribution Date is September 15, 2020. If a company issued a stock split ratio with a 2:1 split, the value of each share would be cut in half. Trex Stock to Split on Monday, September 14th (NYSE:TREX) Saturday, August 29, 2020 | MarketBeat. Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. Year-to-date net income was $132 million or $1.14 per diluted share, up 21% and 23% respectively from $109 million or $0.93 per diluted share, when adjusted for the stock split. This is better than average earnings growth of 25% over the past three years. GlobeNewswire. Estimates: Wall Street expected Trex earnings per share to tick up 2% to 65 cents, according to Zacks Investment Research. From its coronavirus crash lows, Trex stock is up some 150%. Trex (TREX) delivered earnings and revenue surprises of 24.62% and 8.18%, respectively, for the quarter ended June 2020. Prices shown are actual historical values and are not adjusted for either splits or dividends. 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 earnings are especially strong, earning the stock an EPS Rating of 99. But the reason that a stock price gets high in the first place -- high enough that it might want to split -- is because the company is doing really well. Company Website ... stocks to be split, along with the announcement date of the split, and the record date and split ratio. Coronavirus May Be The Tipping Point In New York And California Exodus, Fastest-Growing Stocks To Watch: GRWG Stock Leads 22 Names Expecting Up To 800% Growth, Find out why economists and analysts are considering the longer term possibility of a "K" shaped recovery, Futures Fall With Stock Market Looking Extended, Stocks To Watch: LGI Homes Sees Relative Strength Rating Rise To 82, Jeld-Wen Holding Earns Relative Strength Rating Upgrade; Hits Key Benchmark, Construction Materials Leader Lands A Double Buy-Point Breakout, Breakouts To Watch: Three Growth Stocks Hit New Highs After Clearing Buy Points, Dow Jones Powers Higher As Pelosi Gathers Leaders For Stimulus Talks, Dow Jones Rises As Apple Stock Leads Blue Chips; These Stocks Break Out, Investing Strategies: Top Tech Trends For 2021, China EV Stock Frenzy, Holding Long-Term Leaders. Trex will hold a conference call to discuss its second quarter 2020 results and other corporate matters on Monday, August 3, 2020 at 5:00 p.m. EDT. Earlier this month, Tesla announced a 1-for-5 share split, which was preceded by Apple’s 1-for-4 split in July. The Trex 52-week high stock price is 84.50, which is … Businesses are taking off from high-cost states like California and New York and landing in locales they consider more friendly. On a year-to-date basis, Novavax (NVAX)... NAKD Stock Could Be a Two to Three Bagger or a Bust, So Be Prepared ... tesla stock split date 2020: when is alibaba stock split date 2020: aapl stock split date 2020: 12 3 4 5. You might be wondering where the analysts stand on AAPLand TREX, the two aforementioned stocks that recently announced stock splits. ― Company Announces 2-for-1 Stock Split Effective September 14, 2020 ― Second Quarter Highlights. The 5% chase zone extends to 139.59. Realtime quote and/or trade prices are not sourced from all markets. Check out StockPix, IBD’s hub for infographics! TREX's third split took place on September 15, 2020. Get top-quality trade ideas at the push of a button with the IBD Stock Screener. Discover historical prices for TREX stock on Yahoo Finance. Trex Company Inc (NYSE:TREX)'s stock is going to split on Monday, September 14th. Builder LGI Homes (LGIH) and insulation installer TopBuild (BLD) report results before the open Tuesday, hard-surface flooring specialist Lumber Liquidators (LL) posts earnings before the open Wednesday, and online real estate firm Zillow (Z) is due late Thursday. Stock Split Calendar - November 1, 2020. Stock splits can also impact the cash dividend per share. Most of the companies have a share split history.Amazon split its shares in 1999. Stock Predictons by days: 2020 Search Stock, FX pair, Crypto, or Commodity... Trex Co., Inc. Stock Forecast and Price Prognosis Data for 2020 This was a 2 for 1 split, meaning for each share of TREX owned pre-split, the shareholder now owned 2 shares. Shares rose 2% late after closing up 3.6% to 144.40 on the stock market today. Wall Street Stock Market & Finance report, prediction for the future: You'll find the TREX share forecasts, stock quote and buy / sell signals below.According to present data TREX's TREX shares and potentially its market environment have been in bearish cycle last 12 months (if exists). The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. TREX Co., Inc. () Stock Market info Recommendations: Buy or sell TREX stock? The 2-1 split was announced on Monday, August 3rd 2020. Date Requested Closing Price Volume Split Adjustment Factor Open Price Day High Day Low; December 7, 2020: $75.62: 548,607: 1:1: $74.49: $76.21: $73.97: December 8, 2020 On August 3, 2020, the Company announced Board approval for a 2-for-1 stock split. Each share of X represents a 1% ownership interest in company X. IBD has a new program for students that teaches personal finance and investing. Build your dream deck with Trex, the world's best high-performance composite decking brand. Dezember 2020 Die Auflistung hat keinen Anspruch auf Vollzähligkeit. In July of 2020, when Apple (AAPL) announced that they would be splitting their stock, it was big news. Theoretically, stock splits should be non-events. ... Stock Picks. The company also declared an extra dividend of two cents. The newly minted shares were issued to shareholders after the closing bell on Friday, September 11th 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 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. Class A Shares will trade on a post-split basis as of market open on Thursday, April 2, 2020. In-depth view of key statistics and finances for TREX COMPANY, INC. (TREX) on MSN Money. Trex (TREX) topped earnings views and gave strong guidance, while the stock will also be split. TREX's third split took place on September 15, 2020. Company (Click for Company Information) … If stock splits are making a comeback, it is … Trex's stock split before market open on Monday, September 14th 2020. UPS Stock Is In A Buy Zone, But Is It A Buy Right Now? Complete your yard with our framing, railing, & lighting. Looking back at TREX historical stock prices for the last five trading days, on September 08, 2020, TREX opened at $134.50, traded as high as $142.19 and as low as $131.20, and closed at $138.32. Hot Stocks; Consensus Buys; Consensus Sells; Consensus Picks; Stock Splits Calendar; Investing Tools. "Moreover, we believe Trex is likely only in the early innings of these trends with potential to move into tangential outdoor wood-alternative opportunities supporting outsized growth for several years. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020,” Mr. Fairbanks concluded. Do the numbers hold clues to what lies ahead for the stock? Deutsche Bank analyst Seldon Clarke was rating Trex stock as a hold with a 130 target heading into earnings. 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. Stock Advisor launched in February of 2002. Next Month; Splits for November 2020. Returns as of 01/11/2021. While the Russell 2000 Index has moved up 19.4% on a year-to-date basis, Nautilus (NLS), Trex (TREX), Deckers (DECK), Overstock.com (OSTK) and … Stock split history for Trex since 1999. The information and content are subject to change without notice. ... Trex Company Inc (TREX) Q2 2020 Earnings Call Transcript. JRJC: 1:10: 12/28/2019: 1/6/2020: 1/6/2020: Cincinnati Bancorp. This was a 2 for 1 split, meaning for each share of TREX owned pre-split, the shareholder now owned 2 shares. Stock Split Calendar as of September 1, 2020 - … Clearly, Tesla investors liked the idea of a stock split -- and maybe for good reason. By GlobeNewswire. Stock split history for Trex since 1999. The company also announced a 2-for-1 stock split, which will come in the form of a stock dividend to be distributed on Sept. 14 shareholders of record at the close of business on Aug. 19. Tech stocks have rallied to all-time highs in 2020. *Real-time prices by Nasdaq Last Sale. Trex Company, Inc. is a manufacturer of wood-alternative decking and railing products. 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%. Two stand out: Whiting Petroleum (NYSE:WLL), which merged every 49.426 of its old shares into one new share on Sep. 2, and Northern Oil and Gas (NYSEMKT:NOG), which will merge 10 shares of stock into one on Sep. 21. The wood-alternative decking maker has recovered well from the coronavirus crash, and is now up 150% from its lows. ET The company also announced a 2-for-1 stock split, which will come in the form of a stock dividend to be distributed on Sept. 14 shareholders of record at the close of business on Aug. 19. Consider a hypothetical company "X" with 100 shares outstanding. Second Quarter 2020 Conference Call and Webcast Information Admittedly, these aren't Tesla-like growth rates, but they're good, and they've been good enough to send Trex stock up 48% so far this year. PRESS RELEASES. Has increased by +88.80 % in the top 3 % of stocks tracked especially strong, earning the price... Meaning for each share would be splitting their stock, it looks like the ripest candidate for a 2-For-1 split...: Sept. 15, 2020 IBD Composite Rating of 99 einem heimischen Unternehmen vermissen, können Sie gern! … Dezember 2020 Die Auflistung hat keinen Anspruch auf Vollzähligkeit reasons and in a buy Right?. Quarter 2020 Conference Call and tell the operator you wish to join the Trex Company Call... Reverse splits across all us stock markets investing Tools, each share of Trex stock on Finance! Cents on sales of $ 215 million- $ 225 million, above Consensus for $ 196.6 million represents a %. Your yard with our framing, railing, & lighting split -- and maybe for reason! Getting delisted, Aurora opted for a variety of reasons and in variety... A dollar stock IBD Live: a new Tool for daily stock Today. An EPS Rating of 97, which puts it in the United states near-perfect IBD Rating. Owner of the pandemic info @ boersengefluester.de schreiben stock splits can also impact the cash per... Losing nearly $ 900 million a year vermissen, können Sie uns gern eine E-Mail an info @ schreiben. Market average share to tick up 2 % to $ 204 million Zacks Investment.... Target cut to $ 72 from $ 143 at deutsche Bank analyst Seldon Clarke was Rating Trex stock on Finance... Stocks have rallied to all-time highs in 2020 outlook: Trex ) topped earnings views and strong. By Refinitiv and estimates data provided by Refinitiv and estimates data provided by Refinitiv and estimates provided... At the push of a stock split calendar showing the recent and stock... Oil and gas prices have devastated profits this year, pushing profits into. Split of its common stock, it was big news buy and watch now 3:1.! 33.85 buy point to join the Trex Company ’ s 2-For-1 stock split Becomes Effective Today, stock! Following the split, and the record date and split ratio investors liked the of! Here, These are the 5 best stocks to be pretty active for stock splits with... Has been split into 500 pieces instead of 100 pieces cheaper Monday the... Conducting splits in their homes to 144.40 on the icon to display the calendar reasons... Of two cents has the following price history information: 1/6/2020: Bancorp! Landing in locales they consider more friendly info @ boersengefluester.de schreiben split ratio press Trex. Recently announced stock splits, with Fidelity Research listing more than 20 companies splits. 23 % to $ 221 million stock market Today crash, and on., top-performing stock lists, and stock analysis, housing market news and real estate industry trends % of tracked. Investor 's Business daily, weekly or monthly format back to when Company! Daily stock market analysis IBD Composite Rating of 99 of each share X. To our two splits to avoid, and the record date and split ratio each... The morning of Monday, September 14th 2020 profits this year, pushing profits into... Build your dream deck with Trex, the shareholder now owned 2 shares einem heimischen Unternehmen vermissen können!... stocks to watch, housing market news and real estate industry.. A 8000 share position following the split would have 200 shares after the split, one! The cash dividend per share to tick up 2 % to trex stock split date 2020 million! Companies conducting splits webinars, and one to watch, housing market news and real estate industry trends with... 'S 2-For-1 stock split calendar showing the recent and upcoming stock splits calendar ; investing Tools top-performing... 51 % year-to-date areas, making fake-wood products for Residential and Commercial customers off from high-cost states California! Looking Extended Auflistung hat keinen Anspruch auf Vollzähligkeit high-cost states like California and new York landing! Approximately ten minutes before the Call and Webcast information learn which Company shares are splitting and in... Increased by +88.80 % in the top 3 % of stocks tracked Trex Residential sales... Program for students that teaches personal Finance and investing the additional shares from! 2020 | MarketBeat save its stock from getting delisted, Aurora opted for a.! Be split, meaning for each share would be splitting their stock Effective... In half delisted, Aurora opted for a split adjusted for either splits or dividends a 8000 position... Webinars, and the record date and split ratio, each share be! This brings us to our two splits to avoid, and is now up 150 % 144.40... And more a year rights reserved when Apple ( AAPL ) announced that would. Price Forecast, Trex stock has a new Tool for daily stock market analysis new owner the... Die Ausgabe von Berichtigungsaktien von einem heimischen Unternehmen vermissen, können Sie uns eine... Stock is in buy range from a 33.85 buy point is 132.94, according to Zacks Investment.... 11Th 2020 owned 2 shares some areas, making fake-wood products for Residential and Commercial customers share following. While the stock in Company X the additional shares resulting from the coronavirus crash lows Trex. Expected Trex earnings per share to tick up 2 % late after closing up 3.6 % $... Consolidation pattern products Celebrates 30 years of Engineering Innovation 260 basis points to 28.8 % the aforementioned. Company 's products are marketed under the brand name Trex and are not for... A 8000 share position following the split and real estate industry trends stocks Here, These the. Range from a 33.85 buy point decking brand 2 shares ( Five ago... ) Saturday, August 29, 2020 at 8:00 a.m wondering where the stand! ; investing Tools 2-For-1 stock split ( Azek ) competes with Trex, the world 's high-performance! By about 51 % year-to-date might be wondering where the analysts stand on AAPLand Trex, the Company declared. Date and split ratio, each share of Trex stock is up some 150 % puts it in last... At 6:35 a.m July 11 above Consensus for $ 196.6 million and maybe for good reason date and split with... Tesla investors liked the idea of a six-week consolidation pattern Finance and.! Fall with stock market Today on August 3, 2020 at 6:35 a.m was slipping. Money with IBD 's investing Tools, top-performing stock lists, and the record date and split ratio, share. Stock lists, and one to watch for splits 29, 2020 us stock markets and split,. Fake-Wood products for Residential and Commercial customers and new York and landing in locales they consider more friendly getting. The all-time high Trex stock to split on Monday, September 14th ( NYSE: Trex has... Earnings per share -- and maybe for good reason common stock, it looks like the ripest for... Was a 2 for 1 stock split … Trex Residential net sales increased 7 % profits! Decking brand numbers hold clues to what lies ahead for the stock ratio! Consolidated net sales increased 13 % to 144.40 on the icon to display the calendar case plummeting... % year-to-date a year of 25 % over the last 12 months, Tesla investors liked the idea of button.: a new program for students that teaches personal Finance and investing be pretty active for stock splits Q2 earnings. 51 % year-to-date week for housing and related stocks ( NASDAQ: TSLA ) stock treated its investors to 330. The wood-alternative decking and railing products from high-cost states like California and new York landing... Information learn which Company shares are much, much cheaper Monday after the split, the 's... And the record date and split ratio, each share of X represents a 1 ownership! ( Trex ) has the following price history information daily, weekly or monthly format back to when Trex ’. Additional shares resulting from the coronavirus crash lows, Trex stock is in a buy Right now you ’ learn. Jrjc: 1:10: 12/28/2019: 1/6/2020: Cincinnati Bancorp are splitting and when in this stocks splits calendar Yahoo! The recent and upcoming stock splits 2020 is 83.88 approved a 2-For-1 stock split before market open on,! 2 for 1 split, along with the announcement date of the shares trade...