Should I buy or sell Trinity Capital stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Trinity Capital in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TRIN shares. View TRIN analyst ratings or view top-rated stocks .

What is Trinity Capital's stock price target for 2024?

6 Wall Street research analysts have issued 12 month target prices for Trinity Capital's stock. Their TRIN share price targets range from $15.00 to $16.50. On average, they expect the company's share price to reach $15.58 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View analysts price targets for TRIN or view top-rated stocks among Wall Street analysts .

How have TRIN shares performed in 2024?

Trinity Capital's stock was trading at $14.53 at the beginning of 2024. Since then, TRIN stock has decreased by 1.2% and is now trading at $14.36. View the best growth stocks for 2024 here .

When is Trinity Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our TRIN earnings forecast .

How can I listen to Trinity Capital's earnings call?

Trinity Capital will be holding an earnings conference call on Wednesday, May 1st at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-7204.

How were Trinity Capital's earnings last quarter?

Trinity Capital Inc. (NASDAQ:TRIN) released its quarterly earnings results on Wednesday, March, 6th. The company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.55 by $0.01. The business earned $47.83 million during the quarter, compared to analyst estimates of $46.79 million. Trinity Capital had a trailing twelve-month return on equity of 16.86% and a net margin of 42.28%. During the same period in the previous year, the company posted $0.57 EPS.

How often does Trinity Capital pay dividends? What is the dividend yield for Trinity Capital?

Trinity Capital declared a quarterly dividend on Thursday, March 14th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.51 per share on Monday, April 15th. This represents a $2.04 annualized dividend and a yield of 14.21%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change from the stock's previous quarterly dividend of $0.50. Read our dividend analysis for TRIN .

Is Trinity Capital a good dividend stock?

Trinity Capital (NASDAQ:TRIN) pays an annual dividend of $2.04 per share and currently has a dividend yield of 14.31%. TRIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 106.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TRIN will have a dividend payout ratio of 93.58% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for TRIN .

What ETFs hold Trinity Capital's stock?

ETFs with the largest weight of Trinity Capital (NASDAQ:TRIN) stock in their portfolio include Kingsbarn Dividend Opportunity ETF (DVDN) , Invesco KBW High Dividend Yield Financial ETF (KBWD) and Putnam BDC Income ETF (PBDC) . VanEck BDC Income ETF (BIZD) .

When did Trinity Capital IPO?

Trinity Capital (TRIN) raised $110 million in an initial public offering (IPO) on Friday, January 29th 2021. The company issued 7,600,000 shares at a price of $13.50-$15.50 per share. Keefe, Bruyette & Woods (Stifel), Wells Fargo Securities and UBS Investment Bank served as the underwriters for the IPO and Janney Montgomery Scott, B. Riley Securities, Ladenburg Thalmann and Compass Point were co-managers.

Who are Trinity Capital's major shareholders?

Trinity Capital's stock is owned by a variety of retail and institutional investors. Top institutional investors include Melia Wealth LLC (2.21%), Hennion & Walsh Asset Management Inc. (0.32%), Confluence Investment Management LLC (0.12%), AWM Capital LLC (0.09%) and Annex Advisory Services LLC (0.03%). Insiders that own company stock include David Michael Lund , Gerald Harder, Kyle Steven Brown, Michael Zacharia , Ronald E Estes , Ronald Kundich and Steve Louis Brown . View institutional ownership trends .

How do I buy shares of Trinity Capital?

Shares of TRIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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NASDAQ:TRIN

Trinity Capital (TRIN) Stock Price, News & Analysis

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$14.36

+0.10 (+0.70%)

(As of 04/19/2024 ET)

Compare

Today's Range: $14.24
▼
$14.40
50-Day Range: $13.90
▼
$15.08
52-Week Range: $11.32
▼
$15.44

Volume: 274,833 shs
Average Volume: 520,969 shs
Market Capitalization: $666.88 million

P/E Ratio: 7.52
Dividend Yield: 14.21%
Price Target: $15.58

Get Trinity Capital alerts:

Trinity Capital MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.83 Rating Score
Upside/Downside: 8.5% Upside
$15.58 Price Target
Short Interest: Healthy
2.06% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.20
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$50,008 Bought Last Quarter
Proj. Earnings Growth: -1.36%
From $2.21 to $2.18 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.13 out of 5 stars

Finance Sector

744th out of 848 stocks

Holding & Other Investment Offices Industry

7th out of 10 stocks

1.4

Analyst's Opinion

Consensus Rating
Trinity Capital has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Trinity Capital has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.06% of the float of Trinity Capital has been sold short.
Short Interest Ratio / Days to Cover
Trinity Capital has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Trinity Capital has recently increased by 3.70%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Leadership
Trinity Capital is a leading dividend payer. It pays a dividend yield of 14.31%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Trinity Capital has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Trinity Capital is 106.81%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Trinity Capital will have a dividend payout ratio of 93.58% in the coming year. This indicates that Trinity Capital may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRIN.

2.3

News and Social Media Coverage

News Sentiment
Trinity Capital has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Trinity Capital this week, compared to 3 articles on an average week.
Search Interest
Only 22 people have searched for TRIN on MarketBeat in the last 30 days. This is a decrease of -8% compared to the previous 30 days.
MarketBeat Follows
14 people have added Trinity Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 56% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Trinity Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $50,008.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.75% of the stock of Trinity Capital is held by insiders.
Percentage Held by Institutions
Only 24.62% of the stock of Trinity Capital is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Trinity Capital are expected to decrease by -1.36% in the coming year, from $2.21 to $2.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Trinity Capital is 7.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Trinity Capital is 7.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.64.
Price to Book Value per Share Ratio
Trinity Capital has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Trinity Capital Stock (NASDAQ:TRIN)

Trinity Capital Inc. is a business development company. It is a venture capital firm specializing in venture debt to growth stage companies looking for loans and/or equipment financing. Trinity Capital Inc. was founded in 2019 is based in Phoenix, Arizona with additional offices in the United States.

TRIN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TRIN Stock News Headlines

April 18, 2024 | yahoo.com

Trinity Rodman speaks exclusively with FOX 5: FULL INTERVIEW

April 18, 2024 | bizjournals.com

DeSales High School launches capital campaign to build new innovation center

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April 16, 2024 | bizjournals.com

Phoenix Venture capital News

April 14, 2024 | markets.businessinsider.com

Trinity Capital Inc Registered Shs hosts conference call for investors

April 12, 2024 | msn.com

Think you know London? This book will open your eyes

April 10, 2024 | prnewswire.com

Trinity Capital Inc. Provides Details for First Quarter 2024 Financial Results and Conference Call

April 10, 2024 | msn.com

World Insurance Associates acquires New Jersey’s JBL Trinity

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April 9, 2024 | 247wallst.com

5 Ultra-Yield Dividend Stocks To Buy in April

April 9, 2024 | prnewswire.com

Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.

April 4, 2024 | msn.com

Police, deputies in West Baton Rouge tackle teen crime after deadly high school shooting

April 4, 2024 | msn.com

Changes to Texas DNA laws solves hundreds of cases in just a few years

April 4, 2024 | msn.com

John Passidomo, husband of Florida Senate President, dies in Utah hiking accident

April 3, 2024 | news.yahoo.com

I-90 bridge project begins soon

April 3, 2024 | msn.com

Baton Rouge woman helps homeless, says the city needs more resources for community

April 3, 2024 | finance.yahoo.com

Trinity Life Sciences Unveils Industry Impact Series to Support Life Sciences Executives on Critical Decision Making

April 2, 2024 | msn.com

Pros and cons of owning a holiday home

April 1, 2024 | msn.com

Baton Rouge sees more violent crime during Easter weekend

April 1, 2024 | msn.com

Power Rankings: St Helens go top, Hull KR climb the ladder, Wakefield Trinity rise

April 1, 2024 | msn.com

My Space: Indian Graduate Thrives In Ireland's Financial Landscape

March 31, 2024 | news.yahoo.com

In pictures: Easter celebrations around the world

March 31, 2024 | finance.yahoo.com

Trinity Capital Inc. 7.875% Notes due 2029 (TRINZ)

March 29, 2024 | finance.yahoo.com

Trinity Capital Inc. 7.875% Notes due 2029 (TRINZ) stock forecast and price target

March 28, 2024 | msn.com

Police searching for suspect after 1 hurt in Tigerland bar parking lot

March 28, 2024 | seekingalpha.com

New Exchange Traded Debt IPOs, March 2024

March 28, 2024 | msn.com

A Good Friday Story Like No Other: President Lincoln's Last Day

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/20/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: Holding & other investment offices
Sub-Industry: N/A
Current Symbol: NASDAQ:TRIN
CUSIP: N/A
CIK: 1786108
Web: www.lanb.com
Phone: 480-374-5350
Fax: N/A
Employees: 68
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $15.58
High Stock Price Target: $16.50
Low Stock Price Target: $15.00
Potential Upside/Downside: +8.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.91
Trailing P/E Ratio: 7.52
Forward P/E Ratio: 6.50
P/E Growth: N/A
Net Income: $76.89 million
Net Margins: 42.28%
Pretax Margin: 42.28%
Return on Equity: 16.86%
Return on Assets: 7.53%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 0.06
Quick Ratio: 0.06

Sales & Book Value

Annual Sales: $181.85 million
Price / Sales: 3.67
Cash Flow: $2.19 per share
Price / Cash Flow: 6.56
Book Value: $14.01 per share
Price / Book: 1.02

Miscellaneous

Outstanding Shares: 46,440,000
Free Float: 42,838,000
Market Cap: $666.88 million
Optionable: Not Optionable
Beta: 0.62

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Key Executives

Mr. Steven Louis Brown (Age 63)
Founder & Executive Chairman
Comp: $2.23M
Mr. Kyle Steven Brown (Age 40)
CEO, President, Chief Investment Officer & Director
Comp: $1.93M
Mr. Gerald Harder (Age 63)
Chief Operating Officer
Comp: $1.26M
Mr. Michael Testa
CFO & Treasurer
Mr. Richard Nelson
Senior Technology Director
Mr. Ben Malcolmson
Head of Investor Relations
Ms. Sarah Stanton (Age 40)
Chief Compliance Officer, General Counsel & Secretary
Mr. Vibhor Garg
Managing Director of Marketing
Ms. Rachel Bloomer
Human Resources Director
Mr. Ronald Kundich (Age 54)
Chief Credit Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TRIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Trinity Capital stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Trinity Capital in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TRIN shares.
View TRIN analyst ratings or view top-rated stocks.
What is Trinity Capital's stock price target for 2024?: 6 Wall Street research analysts have issued 12 month target prices for Trinity Capital's stock. Their TRIN share price targets range from $15.00 to $16.50. On average, they expect the company's share price to reach $15.58 in the next year. This suggests a possible upside of 8.5% from the stock's current price.
View analysts price targets for TRIN or view top-rated stocks among Wall Street analysts.
How have TRIN shares performed in 2024?: Trinity Capital's stock was trading at $14.53 at the beginning of 2024. Since then, TRIN stock has decreased by 1.2% and is now trading at $14.36.
View the best growth stocks for 2024 here.
When is Trinity Capital's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our TRIN earnings forecast.
How can I listen to Trinity Capital's earnings call?: Trinity Capital will be holding an earnings conference call on Wednesday, May 1st at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-220-7204.
How were Trinity Capital's earnings last quarter?: Trinity Capital Inc. (NASDAQ:TRIN) released its quarterly earnings results on Wednesday, March, 6th. The company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.55 by $0.01. The business earned $47.83 million during the quarter, compared to analyst estimates of $46.79 million. Trinity Capital had a trailing twelve-month return on equity of 16.86% and a net margin of 42.28%. During the same period in the previous year, the company posted $0.57 EPS.

How often does Trinity Capital pay dividends? What is the dividend yield for Trinity Capital?: Trinity Capital declared a quarterly dividend on Thursday, March 14th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.51 per share on Monday, April 15th. This represents a $2.04 annualized dividend and a yield of 14.21%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change from the stock's previous quarterly dividend of $0.50.
Read our dividend analysis for TRIN.
Is Trinity Capital a good dividend stock?: Trinity Capital (NASDAQ:TRIN) pays an annual dividend of $2.04 per share and currently has a dividend yield of 14.31%. TRIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 106.81%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TRIN will have a dividend payout ratio of 93.58% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TRIN.
What ETFs hold Trinity Capital's stock?: ETFs with the largest weight of Trinity Capital (NASDAQ:TRIN) stock in their portfolio include Kingsbarn Dividend Opportunity ETF (DVDN), Invesco KBW High Dividend Yield Financial ETF (KBWD) and Putnam BDC Income ETF (PBDC).VanEck BDC Income ETF (BIZD).
When did Trinity Capital IPO?: Trinity Capital (TRIN) raised $110 million in an initial public offering (IPO) on Friday, January 29th 2021. The company issued 7,600,000 shares at a price of $13.50-$15.50 per share. Keefe, Bruyette & Woods (Stifel), Wells Fargo Securities and UBS Investment Bank served as the underwriters for the IPO and Janney Montgomery Scott, B. Riley Securities, Ladenburg Thalmann and Compass Point were co-managers.
Who are Trinity Capital's major shareholders?: Trinity Capital's stock is owned by a variety of retail and institutional investors. Top institutional investors include Melia Wealth LLC (2.21%), Hennion & Walsh Asset Management Inc. (0.32%), Confluence Investment Management LLC (0.12%), AWM Capital LLC (0.09%) and Annex Advisory Services LLC (0.03%). Insiders that own company stock include David Michael Lund, Gerald Harder, Kyle Steven Brown, Michael Zacharia, Ronald E Estes, Ronald Kundich and Steve Louis Brown.
View institutional ownership trends.
How do I buy shares of Trinity Capital?: Shares of TRIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TRIN) was last updated on 4/20/2024 by MarketBeat.com Staff

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Trinity Capital (TRIN) Stock Price, News & Analysis

Trinity Capital MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Trinity Capital Stock (NASDAQ:TRIN)

TRIN Stock Price History

TRIN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TRIN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™