Trinity Capital Inc. (TRIN)
| Market Cap | 705.56M |
| Revenue (ttm) | 190.77M |
| Net Income (ttm) | 68.92M |
| Shares Out | 49.48M |
| EPS (ttm) | 1.59 |
| PE Ratio | 8.97 |
| Forward PE | 6.65 |
| Dividend | $2.04 (14.31%) |
| Ex-Dividend Date | Jun 28, 2024 |
| Volume | 583,112 |
| Open | 14.03 |
| Previous Close | 14.05 |
| Day's Range | 13.98 - 14.27 |
| 52-Week Range | 13.21 - 15.44 |
| Beta | 0.65 |
| Analysts | Strong Buy |
| Price Target | 15.60 (+9.4%) |
| Earnings Date | Jul 31, 2024 |
About 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. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for TRIN stock is "Strong Buy." The 12-month stock price forecast is $15.6, which is an increase of 9.40% from the latest price.
News
Trinity Capital Inc. Announces Adjustment to Conversion Rate of its 6.00% Convertible Notes due 2025
PHOENIX , June 28, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth stage companies, today announc...
Trinity Capital Inc. Provides $40 Million in Growth Capital to Gravie
PHOENIX , June 25, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced a commitmen...
Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Second Quarter of 2024
18th Consecutive Quarter of a Consistent or Increased Dividend PHOENIX , June 13, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of d...
Trinity Capital Inc. Exits Its Equity Position in Core Scientific
Liquidation of shares results in a return of 17.7% on the initial investment PHOENIX , June 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider...
Trinity Capital Inc. Provides $15 Million in Growth Capital to restor3d
PHOENIX , June 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitme...
Denim Secures $63 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.
Financing provided by SVB's National Fintech Practice and Trinity Capital Inc. (Nasdaq: TRIN) SAN FRANCISCO , May 30, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Bank...
Trinity Capital Inc. Expands Operations into Europe
Appoints Craig Fox to Lead New Venture PHOENIX , May 22, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to...
Metabolon Secures $60 Million Credit Facility to Drive Growth and Innovation
MORRISVILLE, N.C. , May 16, 2024 /PRNewswire/ -- Metabolon, Inc., the global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic devel...
Trinity Capital Inc. Provides $60 Million in Growth Capital to Metabolon
PHOENIX , May 16, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment ...
Trinity Capital Inc. Provides $25 Million in Growth Capital to Elevate K-12
PHOENIX , May 15, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment ...
Trinity Capital Inc. Launches Sponsor Finance Vertical with New Strategic Hires
New business to provide growth capital for private-equity-backed companies PHOENIX , May 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of...
Trinity Capital (TRIN) CEO on Earnings & Dividend Increases
Trinity Capital's (TRIN) 1Q adjusted EPS came in at $05.2 versus an estimated $0.54 and revenue came in at $50.45M versus an estimated $49.86M. CEO Kyle Brown joins Nicole Petallides to discuss these ...
Trinity Capital Inc. Reports First Quarter 2024 Financial Results
Record Net Investment Income of $25.2 Million in Q1 Record Total Investment Income of $50.5 Million Return on Average Equity of 16.1% PHOENIX , May 1, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq...
Trinity Capital Inc. Provides Details for First Quarter 2024 Financial Results and Conference Call
PHOENIX , April 10, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announ...
Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.
Financing provided by SVB's National Fintech Practice and Trinity Capital Inc. (Nasdaq: TRIN) SAN FRANCISCO , April 9, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Ban...
Trinity Capital Inc. Prices Offering of $100.0 Million of 7.875% Notes due 2029
PHOENIX , March 25, 2024 /PRNewswire/ -- Trinity Capital Inc. ("Trinity") (NASDAQ: TRIN), an internally managed business development company, today announced that it has priced an underwritten public ...
Trinity Capital Inc. Increases Cash Dividend to $0.51 per Share for the First Quarter of 2024
13th Consecutive Quarter of a Dividend Increase PHOENIX , March 14, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of diversified fi...
Trinity Capital Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Record Quarterly Net Investment Income of $25.1 Million in Q4 Record Annual Net Investment Income of $89.9 Million in 2023 Return on Average Equity Hits 16.9% in Q4 PHOENIX, March 6, 2024 /PRNewswire/...
Trinity Capital Inc. Provides $50 Million in Equipment Financing to Electric Hydrogen
PHOENIX , March 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment...
Trinity Capital Inc. Provides $25 Million Growth Capital to Moxe Health
PHOENIX , Feb. 29, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment...
Trinity Capital Inc. Provides $120 Million Equipment Financing to Rocket Lab
PHOENIX , Feb. 20, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment...
cPacket Announces Closing of a $67M Investment from Morgan Stanley Expansion Capital and Trinity Capital Inc.
MILPITAS, Calif.--(BUSINESS WIRE)-- #FundingAnnouncement--cPacket Networks Inc. is thrilled to announce the successful completion of a $67 million transaction, including a primary and secondary equity...
Trinity Capital Inc. Provides $20 Million Equipment Financing to Formlogic
PHOENIX , Feb. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment ...
Trinity Capital Inc. Confirms Fourth Quarter 2023 Call and Announces 2024 Financial Reporting Dates
PHOENIX , Feb. 6, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announce...
Trinity Capital Receives Investment Grade Rating from Morningstar DBRS
PHOENIX , Feb. 1, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announce...