Trinity Capital (TRIN) Stock Price, News & Analysis

$14.88
-0.06 (-0.40%)
(As of 04/25/2024 ET)
Today's Range
$14.83
$14.95
50-Day Range
$14.03
$15.08
52-Week Range
$11.32
$15.44
Volume
283,059 shs
Average Volume
462,920 shs
Market Capitalization
$691.03 million
P/E Ratio
7.79
Dividend Yield
13.71%
Price Target
$15.58

Trinity Capital MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
4.7% Upside
$15.58 Price Target
Short Interest
Healthy
2.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
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.

0.83 out of 5 stars

Finance Sector

759th out of 851 stocks

Holding & Other Investment Offices Industry

7th out of 12 stocks

TRIN stock logo

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

TRIN Stock News Headlines

Trinity Capital (TRIN) Scheduled to Post Earnings on Wednesday
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Phoenix Venture capital News
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Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
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I-90 bridge project begins soon
In pictures: Easter celebrations around the world
Trinity Capital Inc. 7.875% Notes due 2029 (TRINZ)
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
4/26/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Holding & other investment offices
Sub-Industry
N/A
Current Symbol
NASDAQ:TRIN
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
+4.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$76.89 million
Pretax Margin
42.28%

Debt

Sales & Book Value

Annual Sales
$124.55 million
Cash Flow
$2.16 per share
Book Value
$14.01 per share

Miscellaneous

Free Float
42,838,000
Market Cap
$690.98 million
Optionable
Not Optionable
Beta
0.62
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Key Executives

  • Mr. Steven Louis BrownMr. 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

TRIN Stock Analysis - Frequently Asked Questions

Should I buy or sell Trinity Capital stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Trinity Capital in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 1 year price targets for Trinity Capital's shares. Their TRIN share price targets range from $15.00 to $16.50. On average, they anticipate the company's share price to reach $15.58 in the next year. This suggests a possible upside of 4.7% 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 the year. Since then, TRIN shares have increased by 2.4% and is now trading at $14.88.
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 data on Wednesday, March, 6th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.55 by $0.01. The firm had revenue of $47.83 million for the quarter, compared to analysts' expectations 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 prior year, the firm earned $0.57 earnings per share.

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 dividend yield of 13.71%. The ex-dividend date of this dividend is Wednesday, March 27th. This is an increase 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 14.21%. 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?
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 $13.50-$15.50 per share. Keefe, Bruyette & Woods (Stifel), Wells Fargo Securities and UBS Investment Bank ​ acted 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 many different institutional and retail investors. Top institutional shareholders include Melia Wealth LLC (2.21%), Hennion & Walsh Asset Management Inc. (0.32%), Confluence Investment Management LLC (0.12%), AWM Capital LLC (0.09%), Triumph Capital Management (0.07%) 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 4/26/2024 by MarketBeat.com Staff

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