Citigroup Issues Positive Forecast for Trex (NYSE:TREX) Stock Price

Posted by Brian Himes on Nov 5th, 2026

Trex (NYSE:TREX – Get Free Report) had its target price increased by equities research analysts at Citigroup from $52.00 to $59.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the construction company’s stock. Citigroup‘s price target points to a potential upside of 5.11% from the company’s current price.

A number of other research analysts have also recently issued reports on TREX. Zacks Research cut shares of Trex from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. BMO Capital Markets set a $57.00 price objective on shares of Trex in a report on Wednesday, August 5th. Barclays upped their price objective on shares of Trex from $42.00 to $46.00 and gave the stock an “underweight” rating in a report on Thursday. Stifel Nicolaus set a $55.00 target price on shares of Trex and gave the company a “buy” rating in a research note on Monday, October 19th. Finally, UBS Group reiterated a “buy” rating and set a $61.00 target price (up from $59.00) on shares of Trex in a report on Tuesday, July 14th. Thirteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Trex currently has a consensus rating of “Moderate Buy” and an average price target of $54.33.

Check Out Our Latest Research Report on Trex

Trex Stock Down 1.8%

Shares of NYSE:TREX traded down $1.02 during midday trading on Thursday, hitting $56.13. 4,957,113 shares of the stock traded hands, compared to its average volume of 1,956,074. The stock has a market capitalization of $5.83 billion, a PE ratio of 33.41, a P/E/G ratio of 2.90 and a beta of 1.46. The business’s 50 day moving average is $45.95 and its two-hundred day moving average is $43.31. Trex has a one year low of $29.77 and a one year high of $60.21.

Trex (NYSE:TREX – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The construction company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.07. Trex had a net margin of 14.68% and a return on equity of 18.03%. The business had revenue of $359.50 million for the quarter, compared to the consensus estimate of $314.86 million. During the same period in the previous year, the firm earned $0.51 EPS. The company’s quarterly revenue was up 26.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Trex will post 1.77 earnings per share for the current year.

Insider Transactions at Trex

In other news, SVP Amy M. Fernandez sold 1,050 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $50.07, for a total value of $52,573.50. Following the transaction, the senior vice president directly owned 67,794 shares in the company, valued at $3,394,445.58. This trade represents a 1.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.93% of the company’s stock.

Institutional Investors Weigh In On Trex

Several hedge funds and other institutional investors have recently modified their holdings of TREX. BlackRock Inc. bought a new position in shares of Trex in the second quarter worth about $525,081,000. Wellington Management Group LLP lifted its position in shares of Trex by 18.2% during the 2nd quarter. Wellington Management Group LLP now owns 9,877,116 shares of the construction company’s stock valued at $494,251,000 after buying an additional 1,518,338 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Trex during the 2nd quarter valued at approximately $94,851,000. Freestone Grove Partners LP bought a new position in shares of Trex during the 2nd quarter valued at approximately $36,197,000. Finally, Fort Washington Investment Advisors Inc. OH purchased a new stake in Trex in the 3rd quarter worth approximately $32,858,000. 95.96% of the stock is currently owned by hedge funds and other institutional investors.

Trex News Roundup

Here are the key news stories impacting Trex this week:

Positive Sentiment: Trex reported Q3 EPS of $0.55, ahead of consensus estimates of roughly $0.48–$0.49, while revenue of $359.5 million exceeded expectations of about $315 million and rose 26% year over year. The company also cited record revenue for a second consecutive quarter. Trex Q3 results
Positive Sentiment: Management raised its 2026 sales outlook to $1.296 billion–$1.306 billion and set a goal of reaching $2 billion in revenue by 2030. Its distribution strategy and the ramp-up of a new Arkansas facility are key parts of the growth outlook. Trex outlook
Positive Sentiment: Bank of America upgraded Trex from “underperform” to “buy” and raised its price target to $65. Truist also maintained a “buy” rating while lifting its target to $75. Bank of America rating Truist rating
Neutral Sentiment: Shares had surged following the earnings report, and coverage asking whether Trex is fully valued points to valuation as a potential consideration after the rally. Valuation discussion
Negative Sentiment: Barclays remains “underweight” despite raising its target to $46, a level below the stock’s recent $56.13 quote. Its cautious stance contrasts with the bullish upgrades and flags potential downside. Barclays price target

Trex Company Profile

(Get Free Report)

Trex Company, Inc is a manufacturer of composite decking and outdoor living products. Its offerings are designed as alternatives to traditional wood and include residential and commercial decking, railing systems, outdoor lighting, and related accessories.

The company’s products are marketed under the Trex brand and include decking lines such as Trex Transcend, Trex Select, and Trex Enhance. Trex composite products are made primarily from recycled wood fibers and recycled polyethylene plastics, supporting the company’s focus on low-maintenance and environmentally oriented outdoor building materials.

Founded in 1996 and headquartered in Winchester, Virginia, Trex serves customers through a network of distributors, dealers, retailers, contractors, and building professionals.