Trinity Capital Inc. (TRIN)
| Market Cap | 1.02B |
| Revenue (ttm) | 226.73M |
| Net Income (ttm) | 115.60M |
| Shares Out | 62.83M |
| EPS (ttm) | 2.10 |
| PE Ratio | 7.69 |
| Forward PE | 7.67 |
| Dividend | $2.04 (12.62%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 401,171 |
| Open | 16.17 |
| Previous Close | 16.09 |
| Day's Range | 16.07 - 16.19 |
| 52-Week Range | 13.05 - 16.82 |
| Beta | 0.61 |
| Analysts | Buy |
| Price Target | 15.63 (-3.28%) |
| Earnings Date | Apr 30, 2025 |
About TRIN
Trinity Capital Inc. is a business development company specializing in term loans, equipment financing, and private equity-related investments. The firm provides tech lending, equipment financing, life sciences, warehouse lending, and sponsor finance sources. They provide investors with stable and consistent returns through access to the private credit market. Trinity Capital Inc. was founded in 2019 and is based in Phoenix, Arizona, with additional offices in San Diego, California. [Read more]
Financial Performance
In 2024, Trinity Capital's revenue was $226.73 million, an increase of 29.68% compared to the previous year's $174.84 million. Earnings were $115.60 million, an increase of 50.33%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for TRIN stock is "Buy." The 12-month stock price forecast is $15.63, which is a decrease of -3.28% from the latest price.
News
Yield Hunting Part 16: Trinity Capital's Baby Bonds And 7%-Plus Yield To Call
Trinity Capital's baby bonds offer yields over 2% above sector benchmarks, with stable common stock performance and investment-grade equivalent balance sheet. TRIN's bonds, TRINI and TRINZ, show attra...
Risk-Off Mode In The BDC Market: 1 Overrated And 1 Underrated Pick
BDCs are meant to provide high-dividends, while preserving NAV. However, given the signs both in the stock market and in the real economy on the ground, BDC investors have to be extra careful. Current...
Buy 4 Ideal 'Safer' February Dividends, Out Of 40 Choices From Readers
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Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the First Quarter of 2025
21st Consecutive Quarter of a Consistent or Increased Dividend PHOENIX , March 19, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset ...
Trinity Capital Inc. Expands Institutional Fundraising Efforts with Appointment of Zach Taffet
PHOENIX , March 12, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Zach Taffet as Direc...
Trinity Capital: One Of The Top High-Yield Dividend Stocks
Trinity Capital is a "BUY" due to its high, sustainable dividend yield and solid financial performance since its IPO. TRIN's dividend yield exceeds 12%, with a payout ratio close to 100%, making it th...
Trinity Capital: Q4 Earnings Reveal Improved Fundamentals
Trinity Capital shows a 31.1% total return over the past year, driven by a 12.6% dividend yield and improved net investment income. Despite strong Q4 earnings and reduced non-accrual rates, TRIN trade...
Trinity Capital Inc. Expands Life Sciences Presence to East Coast with John Orlando as Managing Director
PHOENIX , March 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading alternative asset manager, today announced the appointment of John Orlando as Managing Director o...
Trinity Capital, Inc. (TRIN) Q4 2024 Earnings Call Transcript
Trinity Capital, Inc. (NASDAQ:TRIN) Q4 2024 Earnings Conference Call February 26, 2025 12:00 PM ET Company Participants Ben Malcolmson - Head, IR Kyle Brown - CEO, President, Chief Investment Officer...
Trinity Capital Inc. Reports Fourth Quarter and Full Year 2024 Financial Results
Return on Average Equity hits 17.4 % in Q4 Record Quarterly Net Investment Income of $35 million, or $0.58 per share Record Annual Net Investment Income of $116 million, or $2.20 per share 2024 Total ...
Trinity Capital Inc. Provides $15 Million in Growth Capital to Cagent Vascular Inc.
PHOENIX , Feb. 20, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to...
Trinity Capital Inc. Announces Preliminary Estimates of Financial Results for Fourth Quarter and Year Ended 2024
PHOENIX , Feb. 4, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced preliminary estimates of financial...
Barings and Trinity Capital Partner to Commence Phase II Construction at Horizon 16 Industrial Park in Savannah, GA
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world's largest diversified real estate investment managers, and Trinity Capital, a Charlotte-based commercial real estate development firm, annou...
Trinity Capital: Record Quarter Impressive Amidst A Challenging Economic Backdrop
Trinity Capital posted record highs in Q3, with impressive top and bottom line growth, despite a challenging economic backdrop and flat net investment income per share. The BDC's strong portfolio qual...
Trinity Capital Inc. Provides $25 Million in Growth Capital to Wisetack
PHOENIX , Jan. 30, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $25 million in growth capital t...
Morningstar DBRS Confirms Trinity Capital Inc.'s Investment Grade Rating
PHOENIX , Jan. 29, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that DBRS, Inc. ("Morningstar DBRS") a le...
Yield Hunting Part 6: Trinity Capital Baby Bonds Still Have Some Alpha Left At 7.8%
Trinity Capital offers stable returns through private credit markets, managing $3.8 billion in assets across five business verticals. TRIN's baby bonds, offering yields around 7.88%, are slightly misp...
Trinity Capital Inc. Provides $30 Million in Growth Capital to Elucent Medical
PHOENIX , Jan. 27, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to...
Trinity Capital Inc. Announces Fourth Quarter 2024 Call Details and 2025 Financial Reporting Dates
PHOENIX , Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that it expects to issue quarterly earnin...
Trinity Capital Inc.'s Equipment Finance Vertical Celebrates Milestone: Over $1 Billion in Fundings to High-Growth Companies
PHOENIX , Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced that its equipment finance vertic...
Trinity Capital Inc. Provides $30 Million in Growth Capital to Silk Technologies Inc.
PHOENIX , Jan. 21, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to...
Trinity Capital Inc. Provides $12.5 Million in Growth Capital to Upward Health
PHOENIX , Jan. 16, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading alternative asset manager, today announced the commitment of $12.5 million in growth capital to Upwar...
Trinity Capital Inc. Funds a Record $1.2 Billion of Investments in 2024
Company originates $1.6 billion of new commitments in 2024 PHOENIX , Jan. 13, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manag...
Trinity Capital: My Favorite BDC Right Now
Trinity Capital offers a diversified asset mix and floating-rate exposure, making it a compelling passive income vehicle in a higher-for-longer rate environment. Consistent dividend coverage and a 14%...
Trinity Capital: Record Earnings, Big Yield
Trinity Capital is an internally managed BDC specializing in venture debt, with a diversified portfolio and significant floating rate debt investments. Despite lower interest rates, TRIN achieved reco...